What HUD offices serve Cape Girardeau County, 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.
Go to the Missouri Public Housing and Low-Income Apartments Waiting Lists page for openings near Cape Girardeau County.
How many renters live in Cape Girardeau County, Missouri?
The County of Cape Girardeau County has 82,899 people living in 33,005 households.
There are 23,042 renters living in 11,882 renter households in this County. Renters make up 27.8 percent of the population living in Cape Girardeau County.
What is the rental market like in Cape Girardeau County, Missouri?
There are an estimated 35,506 housing units in the Cape Girardeau County area. Of these, 11,477 units are rental homes, making up 32 percent of the housing market. For every renter household in Cape Girardeau County, Missouri, there are 1 rental units.
What is the vacancy rate for rentals in Cape Girardeau County?
The rental vacancy rate in Cape Girardeau County is 9 percent. This is a higher than average vacancy rate. When rental vacancy rates are high it means that there are a lot of available units and rents tend to be lower.
How many rental units are in Cape Girardeau County for each bedroom size?
Occupied Rental Units by Size in Cape Girardeau County
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 299 | 2,425 | 4,661 | 2,034 | 683 |
Occupied Rental Units by Size in Cape Girardeau County
A large number of apartments in Cape Girardeau County 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 Cape Girardeau County are overburdened by housing costs?
Among renter households in this market, 49 percent have housing cost burden. Further, 18 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 Cape Girardeau County
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $685 to $1,540. FMRs are updated annually by HUD for every city and county nationwide.
| Bed Size | 2024 Fair Market Rents |
| Studio | $685 |
| One BR | $742 |
| Two BR | $933 |
| Three BR | $1,315 |
| Four BR | $1,540 |
2024 Fair Market Rents in Cape Girardeau County, Missouri
How many units are rented at Fair Market Rent (FMR) in Cape Girardeau County?
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 | 194 | 65 percent |
| One BR | 1,546 | 64 percent |
| Two BR | 2,692 | 58 percent |
Rental Units Below FMR in Cape Girardeau County, Missouri
How many affordable rental units are in Cape Girardeau County?
There are a variety of federal affordable housing programs serving households in Cape Girardeau County, Missouri including the following:
| Federal Program | Unit Count |
| Low Income Housing Tax Credit | 565 |
| Section 8 Project-Based Rental Assistance | 159 |
| Section 811 Supportive Housing for Persons with Disabilities | 19 |
| USDA Section 515 Rural Rental Housing | 76 |
Tracked Units by Federal Program in Cape Girardeau County, Missouri
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in Cape Girardeau County, Missouri
Cape Girardeau County features 311 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 Cape Girardeau County, Missouri
There are 517 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Cape Girardeau County.
Housing Choice Vouchers in Cape Girardeau County, Missouri
On average, Section 8 Housing Choice vouchers pay Cape Girardeau County landlords $500 per month towards rent. The average voucher holder contributes $300 towards rent in Cape Girardeau County.
The maximum amount a voucher would pay on behalf of a low-income tenant in Cape Girardeau County, Missouri for a two-bedroom apartment is between $840 and $1,026.
Sourced from federal housing data and AffordableHousingOnline.com research.
