Low Income Apartments and Affordable Housing For Rent in Bowling Green, MO

Discover affordable housing in Bowling Green where there are 4+ housing opportunities based on income and household needs like accessible units for seniors or persons with disabilities. Find and apply to these low income apartments now.

Bowling Green

510 W Champ Clark Dr, Bowling Green, Missouri 63334

payment Subsidized

Heritage Place Apartments

100 Heritage Place Lane, Bowling Green, Missouri 63334

bed 1-2
payment $198-561/mo.
switch_access_shortcut Short Wait
accessibility Accessible

Creekside Apartments

100 Creekside Dr, Bowling Green, Missouri 63334

bed 1-2
payment $615-695/mo.
switch_access_shortcut Short Wait
accessibility Accessible

Bowling Green

1800 W Main St, Bowling Green, Missouri

switch_access_shortcut Short Wait
payment Subsidized
real_estate_agent Accepts Vouchers

How To Identify Affordable Housing in Bowling Green, Missouri

Look for program and preference badges on affordable apartment listings. These badges can help you identify the types of low income housing each apartment offers and if you may be eligbile for rental assistance or reduced rents.

Badge Description
switch_access_shortcut Short Wait
Low income apartments with no or short waiting lists.
payment Subsidized
Low income housing where the rent is subsidized and the renter pays only a portion of total rent.
real_estate_agent Accepts Vouchers
Apartments that accept Section 8 vouchers near you
elderly Senior
Rental housing for seniors who are 55 (or sometimes 62) and older.
payment Income Based
Affordable apartments where the rent paid is based on renter income.
accessibility Accessible
Meets Accessibilty Requirements of the Fair Housing Act, the ADA, or HUD policy.
accessible_forward Disability
Apartments for individuals or families with disabilities.
real_estate_agent Naturally Affordable
Naturally Occuring Affordable Housing - or NOAH - is any housing unit that offers affordable rent without participating in a rent subsidy program.
calendar_today Opened: Mar 21
Open Until Further Notice
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Reported On September 18th, 2024 by Lorena Bentley

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Bowling Green, Missouri
$15.53/hour
$3.23 (+26%) more than Missouri minimum wage and $8.28 (+114%) more than the Federal minimum wage.
Learn More About Bowling Green, Missouri Affordable Housing ↓

What HUD offices serve Bowling Green, Missouri?

Public Housing Agencies operate federally assisted affordable housing programs at local levels on behalf of HUD. Notably, housing agencies are responsible for managing Section 8 Housing Choice Voucher, Public Housing, and Project-Based Voucher waiting lists within their jurisdiction.

Operates the Public Housing programs for Bowling Green, Missouri.
Operates the Section 8 Housing Choice Voucher (HCV) programs for Bowling Green, Missouri.

Go to the Missouri Public Housing and Low-Income Apartments Waiting Lists page for openings near Bowling Green.

How many renters live in Bowling Green, Missouri?

The City of Bowling Green has people living in households.

There are renters living in renter households in this City. Renters make up 35.07 percent of the population living in Bowling Green.

What is the rental market like in Bowling Green, Missouri?

There are an estimated housing units in the Bowling Green area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Bowling Green, Missouri, there are 1.03 rental units.

What is the vacancy rate for rentals in Bowling Green?

The rental vacancy rate in Bowling Green is 0 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 Bowling Green for each bedroom size?

Occupied Rental Units by Size in Bowling Green
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
0 88 226 258 39
Occupied Rental Units by Size in Bowling Green

A large number of apartments in Bowling Green 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 Bowling Green

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $618 to $1,092. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $618
One BR $624
Two BR $820
Three BR $991
Four BR $1,092
2024 Fair Market Rents in Bowling Green, Missouri

How many units are rented at Fair Market Rent (FMR) in Bowling Green?

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
One BR 76 86 percent
Two BR 153 68 percent
Rental Units Below FMR in Bowling Green, Missouri

How many affordable rental units are in Bowling Green?

There are a variety of federal affordable housing programs serving households in Bowling Green, Missouri including the following:

Federal Program Unit Count
Low Income Housing Tax Credit
Public Housing
USDA Section 515 Rural Rental Housing
Tracked Units by Federal Program in Bowling Green, Missouri

Rental units may be funded in part by multiple federal programs.

Income Based Apartments in Bowling Green, Missouri

Bowling Green features 129 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 Bowling Green, Missouri

There are 64 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Bowling Green.

Housing Choice Vouchers in Bowling Green, Missouri

On average, Section 8 Housing Choice vouchers pay Bowling Green landlords $500 per month towards rent. The average voucher holder contributes $300 towards rent in Bowling Green.

The maximum amount a voucher would pay on behalf of a low-income tenant in Bowling Green, Missouri for a two-bedroom apartment is between $738 and $902.

Sourced from federal housing data and AffordableHousingOnline.com research.

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