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

Discover affordable housing in Buffalo 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.

Buffalo Apartments

102 Johnson Dr, Buffalo, Missouri 65622

bed 1-2
switch_access_shortcut Short Wait
payment Subsidized
real_estate_agent Accepts Vouchers
payment Income Based

Countryview Estates

1351 Woodman Dr, Buffalo, Missouri 65622

switch_access_shortcut Short Wait
accessibility Accessible

Spring Hill Villas

408 N. Pinecrest St, Buffalo, Missouri 65622

switch_access_shortcut Short Wait
accessibility Accessible

Pleasantview Apartments

501 Redbud Ln, Buffalo, Missouri

switch_access_shortcut Short Wait
payment Subsidized
real_estate_agent Accepts Vouchers

How To Identify Affordable Housing in Buffalo, 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.
Open Until Further Notice
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Reported On February 23rd, 2024 by Chris Madden

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Buffalo, Missouri
$15.09/hour
$2.79 (+23%) more than Missouri minimum wage and $7.84 (+108%) more than the Federal minimum wage.
Learn More About Buffalo, Missouri Affordable Housing ↓

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

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

How many renters live in Buffalo, Missouri?

The City of Buffalo has people living in households.

There are renters living in renter households in this City. Renters make up 58.66 percent of the population living in Buffalo.

What is the rental market like in Buffalo, Missouri?

There are an estimated housing units in the Buffalo area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Buffalo, Missouri, there are 1.04 rental units.

What is the vacancy rate for rentals in Buffalo?

The rental vacancy rate in Buffalo is 4 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 Buffalo for each bedroom size?

Occupied Rental Units by Size in Buffalo
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
19 178 474 211 0
Occupied Rental Units by Size in Buffalo

A large number of apartments in Buffalo 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 Buffalo

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $603 to $1,111. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $603
One BR $607
Two BR $797
Three BR $1,107
Four BR $1,111
2024 Fair Market Rents in Buffalo, Missouri

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

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 19 100 percent
One BR 94 53 percent
Two BR 372 78 percent
Rental Units Below FMR in Buffalo, Missouri

How many affordable rental units are in Buffalo?

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

Federal Program Unit Count
USDA Section 515 Rural Rental Housing
Tracked Units by Federal Program in Buffalo, Missouri

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

Income Based Apartments in Buffalo, Missouri

Buffalo features 63 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 Buffalo, Missouri

There are 72 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Buffalo.

Housing Choice Vouchers in Buffalo, Missouri

On average, Section 8 Housing Choice vouchers pay Buffalo landlords $400 per month towards rent. The average voucher holder contributes $200 towards rent in Buffalo.

The maximum amount a voucher would pay on behalf of a low-income tenant in Buffalo, Missouri for a two-bedroom apartment is between $717 and $877.

Sourced from federal housing data and AffordableHousingOnline.com research.

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