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

Discover affordable housing in Cardwell where there are 2+ 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.

Pecan Grove Apartments

210 E Mulberry St, Cardwell, Missouri 63829

Cardwell

101 Circle Dr, Cardwell, Missouri 63829

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Cardwell, 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 Cardwell, Missouri Affordable Housing ↓

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

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

How many renters live in Cardwell, Missouri?

The City of Cardwell has 770 people living in 311 households.

There are 431 renters living in 173 renter households in this City. Renters make up 55.97 percent of the population living in Cardwell.

What is the rental market like in Cardwell, Missouri?

There are an estimated 412 housing units in the Cardwell area. Of these, 200 units are rental homes, making up 49 percent of the housing market. For every renter household in Cardwell, Missouri, there are 1 rental units.

What is the vacancy rate for rentals in Cardwell?

The rental vacancy rate in Cardwell is 14 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 Cardwell for each bedroom size?

Occupied Rental Units by Size in Cardwell
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
0 34 60 79 0
Occupied Rental Units by Size in Cardwell

A large number of apartments in Cardwell 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 Cardwell are overburdened by housing costs?

Among renter households in this market, 70 percent have housing cost burden. Further, 46 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 Cardwell

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $601 to $1,136. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $601
One BR $619
Two BR $797
Three BR $1,031
Four BR $1,136
2024 Fair Market Rents in Cardwell, Missouri

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

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 20 59 percent
Two BR 41 68 percent
Rental Units Below FMR in Cardwell, Missouri

How many affordable rental units are in Cardwell?

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

Federal Program Unit Count
Public Housing 22
USDA Section 515 Rural Rental Housing 12
Tracked Units by Federal Program in Cardwell, Missouri

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

Income Based Apartments in Cardwell, Missouri

Cardwell features 34 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 Cardwell, Missouri

There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Cardwell.

Housing Choice Vouchers in Cardwell, Missouri

On average, Section 8 Housing Choice vouchers pay Cardwell landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Cardwell.

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

Sourced from federal housing data and AffordableHousingOnline.com research.