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

Discover affordable housing in Carrollton where there are 5+ 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.

Spring Manor

212 Spring St, Carrollton, Missouri 64633

Valley View Apts % Angee Germann

201 Ford Street, Carrollton, Missouri

Brookview Apts of Carrollton

401 Crouch Street, Carrollton, Missouri

Monroe Manor Grand Ave Circle

107 N Monroe St, Carrollton, Missouri 64633

Carrollton Villa

1108 E 10th St, Carrollton, Missouri 64633

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

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

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

How many renters live in Carrollton, Missouri?

The City of Carrollton has 3,454 people living in 1,324 households.

There are 1,502 renters living in 582 renter households in this City. Renters make up 43.49 percent of the population living in Carrollton.

What is the rental market like in Carrollton, Missouri?

There are an estimated 1,695 housing units in the Carrollton area. Of these, 626 units are rental homes, making up 37 percent of the housing market. For every renter household in Carrollton, Missouri, there are 1 rental units.

What is the vacancy rate for rentals in Carrollton?

The rental vacancy rate in Carrollton is 7 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 Carrollton for each bedroom size?

Occupied Rental Units by Size in Carrollton
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
0 163 180 186 53
Occupied Rental Units by Size in Carrollton

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

Among renter households in this market, 30 percent have housing cost burden. Further, 4 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 Carrollton

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $601 to $1,214. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $601
One BR $607
Two BR $797
Three BR $1,121
Four BR $1,214
2024 Fair Market Rents in Carrollton, Missouri

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

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 63 39 percent
Two BR 66 37 percent
Rental Units Below FMR in Carrollton, Missouri

How many affordable rental units are in Carrollton?

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

Federal Program Unit Count
Low Income Housing Tax Credit 48
Public Housing 70
Section 8 Project-Based Rental Assistance 11
USDA Section 515 Rural Rental Housing 12
Tracked Units by Federal Program in Carrollton, Missouri

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

Income Based Apartments in Carrollton, Missouri

Carrollton features 121 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 Carrollton, Missouri

There are 48 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Carrollton.

Housing Choice Vouchers in Carrollton, Missouri

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

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

Sourced from federal housing data and AffordableHousingOnline.com research.