How many renters live in Blue Springs, Missouri?
The City of Blue Springs has people living in households.
There are renters living in renter households in this City. Renters make up 28.09 percent of the population living in Blue Springs.
What is the rental market like in Blue Springs, Missouri?
There are an estimated housing units in the Blue Springs area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Blue Springs, Missouri, there are 1.02 rental units.
What is the vacancy rate for rentals in Blue Springs?
The rental vacancy rate in Blue Springs is 2 percent. This is a lower than average vacancy rate. When rental vacancy rates are low there are fewer available units. Rents tend to be higher as more people compete for scarce housing.
How many rental units are in Blue Springs for each bedroom size?
Occupied Rental Units by Size in Blue Springs
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 177 | 797 | 3,203 | 2,335 | 216 |
Occupied Rental Units by Size in Blue Springs
A large number of apartments in Blue Springs have two or fewer bedrooms. Seniors and young professionals especially may have more success finding an apartment that meets their needs.
How Much Is Rent in Blue Springs
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $985 to $1,931. FMRs are updated annually by HUD for every city and county nationwide.
| Bed Size | 2024 Fair Market Rents |
| Studio | $985 |
| One BR | $1,098 |
| Two BR | $1,258 |
| Three BR | $1,645 |
| Four BR | $1,931 |
2024 Fair Market Rents in Blue Springs, Missouri
How many units are rented at Fair Market Rent (FMR) in Blue Springs?
Renters with a Section 8 Housing Choice Voucher must select a home that is at or below the area’s Fair Market Rent. Markets with a large share of units above FMR tend to have longer search times to find a qualified unit, while those with a large share of units below FMR tend to have more choices and shorter search times. The share below FMR can vary by size of unit, as shown in the table below.
These are the approximate number of units renting below the FMR in this market:
| Unit Size | Count of Units Below FMR | Percentage of Total Units Below FMR |
| Studio | 83 | 47 percent |
| One BR | 714 | 90 percent |
| Two BR | 2,014 | 63 percent |
Rental Units Below FMR in Blue Springs, Missouri
How many affordable rental units are in Blue Springs?
There are a variety of federal affordable housing programs serving households in Blue Springs, Missouri including the following:
| Federal Program | Unit Count |
| Low Income Housing Tax Credit | |
| Section 8 Project-Based Rental Assistance |
Tracked Units by Federal Program in Blue Springs, Missouri
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in Blue Springs, Missouri
Blue Springs features 266 income based apartments. Tenants of income based apartments typically pay no more than 30% of their income towards rent and utilities.
Low Rent Apartments in Blue Springs, Missouri
There are 474 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Blue Springs.
Housing Choice Vouchers in Blue Springs, Missouri
On average, Section 8 Housing Choice vouchers pay Blue Springs landlords $600 per month towards rent. The average voucher holder contributes $400 towards rent in Blue Springs.
The maximum amount a voucher would pay on behalf of a low-income tenant in Blue Springs, Missouri for a two-bedroom apartment is between $1,132 and $1,384.
Sourced from federal housing data and AffordableHousingOnline.com research.