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

Discover affordable housing in Chilhowee where there are 1+ 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.

Chilhowee Sch, Inc

206 N Ohio St, Chilhowee, Missouri 64733

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Chilhowee, Missouri
$15.93/hour
$3.63 (+30%) more than Missouri minimum wage and $8.68 (+120%) more than the Federal minimum wage.
Learn More About Chilhowee, Missouri Affordable Housing ↓

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

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

How many renters live in Chilhowee, Missouri?

The City of Chilhowee has 267 people living in 101 households.

There are 123 renters living in 48 renter households in this City. Renters make up 46.07 percent of the population living in Chilhowee.

What is the rental market like in Chilhowee, Missouri?

There are an estimated 138 housing units in the Chilhowee area. Of these, 48 units are rental homes, making up 35 percent of the housing market. For every renter household in Chilhowee, Missouri, there are 1 rental units.

What is the vacancy rate for rentals in Chilhowee?

The rental vacancy rate in Chilhowee is 0 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 Chilhowee for each bedroom size?

Occupied Rental Units by Size in Chilhowee
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
0 16 20 11 1
Occupied Rental Units by Size in Chilhowee

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

Among renter households in this market, 58 percent have housing cost burden. Further, 50 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 Chilhowee

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $669 to $1,427. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $669
One BR $712
Two BR $841
Three BR $1,185
Four BR $1,427
2024 Fair Market Rents in Chilhowee, Missouri

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

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 13 81 percent
Two BR 9 45 percent
Rental Units Below FMR in Chilhowee, Missouri

How many affordable rental units are in Chilhowee?

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

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

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

Income Based Apartments in Chilhowee, Missouri

Chilhowee features 12 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 Chilhowee, Missouri

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

Housing Choice Vouchers in Chilhowee, Missouri

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Chilhowee, Missouri for a two-bedroom apartment is between $757 and $925.

Sourced from federal housing data and AffordableHousingOnline.com research.