Affordable Housing In Centralia
Audrain County, Missouri

Centralia city limits extend into  Audrain County and  Boone County.

5 Low Income Apartment Communities In Centralia

Centralia Apartments

525 W Southgate
Centralia, Missouri
Call For Rent
1-2 BR
Subsidized

Columbia Oaks Apartments

609 N Columbia St
Centralia, Missouri
Accepts Vouchers

Creston Court Apartments

212 S Columbia St
Centralia, Missouri
Subsidized

Stonecrest Apartments

415 W Singleton St
Centralia, Missouri
Subsidized

Sunset Gardens Inc

109 E Wigham St
Centralia, Missouri
Subsidized
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Guide To Affordable Housing in Centralia, Missouri

There are 5 low income housing apartment communities offering 344 affordable apartments for rent in Centralia, Missouri.

Income Based Apartments in Centralia, Missouri

Centralia features 328 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 Centralia, Missouri

There are 16 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Centralia.

Housing Choice Vouchers in Centralia, Missouri

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Centralia, Missouri for a two-bedroom apartment is between $596 and $728.

2020 Centralia, Missouri Fair Market Rents and Housing Choice Voucher Payment Standards

Fair Market Rents can be used to better understand the average housing costs of an area. Fair Market Rents are used by HUD to establish payment and rent standards for federal rental assistance programs like the Section 8 Housing Choice Voucher Program.

Studio One BR Two BR Three BR Four BR
Fair Market Rent $444 $503 $662 $827 $897
Payment Standard Range $400 to $488 $453 to $553 $596 to $728 $744 to $910 $807 to $987

Sourced from federal housing data and AffordableHousingOnline.com research.

Centralia, MO Affordable Housing Snapshot

Total Affordable Apartment Properties 5
Total Low Income Apartments 344
Total Housing Units with Rental Assistance 328
Percentage of Housing Units Occupied By Renters 34.73%
Average Renter Household Size 2.01
Average Household Size 2.14
Median Household Income $40,114 ±$13,890
Median Rent $624 ±$291
Percentage Of Renters Overburdened 40.9% ± 19.01pp
Total Population 4,159

Population and Household Demographics

Centralia is a City in Audrain County, Missouri with a population of 4,159. There are 1,915 households in the city with an average household size of 2.14 persons. 34.73% of households in Centralia are renters.

Income and Rent Overburden in Centralia

The median gross income for households in Centralia is $40,114 a year, or $3,343 a month. The median rent for the city is $624 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Centralia, a household making less than $2,080 a month would be considered overburdened when renting an apartment at or above the median rent. 40.9% of households who rent are overburdened in Centralia.1

Area Median Income In Centralia

Affordable housing program eligibility is always determined by one's income. Each household's income is compared to the incomes of all other households in the area. This is accomplished through a statistic established by the government called the Area Median Income, most often referred to as AMI. The AMI is calculated and published each year by HUD.

HUD often uses an area larger than a city to determine the AMI because HUD anticipates those searching for housing will look beyond individual cities during their housing search. For Centralia, the AMI is calculated from all households within Audrain County.

In Centralia, HUD calculates the Area Median Income for a family of four as $57,000

Most affordable housing programs determine eligibility based on the percent of AMI a given household's income is. Among the programs that determine eligibility based on the AMI are Section 8, HOME, LIHTC, Section 515, 202 and 811.

Rental Assistance in Centralia

Rental assistance is a type of housing subsidy that pays for a portion of a renter’s monthly housing costs, including rent and tenant paid utilities. This housing assistance can come in the form of Section 8 Housing Choice Vouchers, project-based Section 8 contracts, public housing, USDA Rental Assistance (in Section 515 properties) as well as HUD Section 202 and 811 properties for elderly and disabled households.

Income Qualifications for HUD Rental Assistance in Centralia

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $12,490 $16,910 $21,330 $25,750 $30,170 $33,100 $35,350 $37,650
50% of Median $19,950 $22,800 $25,650 $28,500 $30,800 $33,100 $35,350 $37,650
80% of Median $31,950 $36,500 $41,050 $45,600 $49,250 $52,900 $56,550 $60,200