Low Income Apartments and Affordable Housing For Rent in Branson, MO

Discover affordable housing in Branson where there are 11+ 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.

Valley Ridge Residences

2026 Bird Rd, Branson, Missouri 65616

The Greens at Branson Hills

110 Harbour Town Drive, Branson, Missouri 65616

Country Ridge Residences

2550 State Highway 248, Branson, Missouri 65616

Branson Estates Apartments

1507 Bee Creek Rd, Branson, Missouri 65616

Branson Manor

218 S Old County Road, Branson, Missouri 65616

Dorgan - Weaver Apartments

1625 E State Highway 76, Branson, Missouri 65616

Lost Tree, Phase II

150 Lost Tree Dr, Branson, Missouri 65616

Lost Tree West

1500 Lost Tree Dr, Branson, Missouri 65616

Douglas Apartments

Judy and Pine Sts, Branson, Missouri 65616

Oak Manor

320 W Main St, Branson, Missouri 65616

407 Judy Street

407 Judy St, Branson, Missouri 65616

Open Until Further Notice

Reported On February 23rd, 2024 by Chris Madden

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Branson, Missouri
$18.11/hour
$5.81 (+47%) more than Missouri minimum wage and $10.86 (+150%) more than the Federal minimum wage.
Learn More About Branson, Missouri Affordable Housing ↓

What HUD offices serve Branson, 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 Branson, Missouri.
Operates the Section 8 Housing Choice Voucher (HCV) programs for Branson, Missouri.

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

How many renters live in Branson, Missouri?

The City of Branson has 12,651 people living in 5,593 households.

There are 6,813 renters living in 3,072 renter households in this City. Renters make up 53.85 percent of the population living in Branson.

What is the rental market like in Branson, Missouri?

There are an estimated 8,779 housing units in the Branson area. Of these, 3,143 units are rental homes, making up 36 percent of the housing market. For every renter household in Branson, Missouri, there are 1 rental units.

What is the vacancy rate for rentals in Branson?

The rental vacancy rate in Branson 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 Branson for each bedroom size?

Occupied Rental Units by Size in Branson
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
174 647 1,498 752 1
Occupied Rental Units by Size in Branson

A large number of apartments in Branson have two or fewer bedrooms. Seniors and young professionals especially may have more success finding an apartment that meets their needs.

How many renter households in Branson are overburdened by housing costs?

Among renter households in this market, 44 percent have housing cost burden. Further, 28 percent of households are extremely rent overburdened. When renters pay too much for their housing, it leaves little money for other necessities like food, clothes, or medicine.

The federal government says that renters are cost-burdened if they pay more than a third of their monthly income for rent and utilities.

How Much Is Rent in Branson

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $723 to $1,622. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $723
One BR $728
Two BR $956
Three BR $1,263
Four BR $1,622
2024 Fair Market Rents in Branson, Missouri

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

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 16 9 percent
One BR 234 36 percent
Two BR 961 64 percent
Rental Units Below FMR in Branson, Missouri

How many affordable rental units are in Branson?

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

Federal Program Unit Count
Low Income Housing Tax Credit 309
Public Housing 40
Section 8 Project-Based Rental Assistance 76
Section 811 Supportive Housing for Persons with Disabilities 3
Tracked Units by Federal Program in Branson, Missouri

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

Income Based Apartments in Branson, Missouri

Branson features 179 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 Branson, Missouri

There are 185 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Branson.

Housing Choice Vouchers in Branson, Missouri

On average, Section 8 Housing Choice vouchers pay Branson landlords $400 per month towards rent. The average voucher holder contributes $300 towards rent in Branson.

The maximum amount a voucher would pay on behalf of a low-income tenant in Branson, Missouri for a two-bedroom apartment is between $860 and $1,052.

Sourced from federal housing data and AffordableHousingOnline.com research.