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

Discover affordable housing in Dexter where there are 11+ 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.

Apple Court Apartments

9 Apple Ct, Dexter, Missouri 63841

Hickory Plaza Apartments

1406 Scott St, Dexter, Missouri 63841

Eastgate Manor Apartments

1803 E Stoddard, Dexter, Missouri 63841

Hickory Villa II Apartments

1000 Hickory Villa Dr, Dexter, Missouri 63841

Dexter

900 N Elm St, Dexter, Missouri 63841

Dexter Associates II

51 Peach Ct, Dexter, Missouri 63841

Dexter Apartments

21 Apple Ct, Dexter, Missouri 63841

Dexter Senior Apartments

1002 Hickory Log Dr, Dexter, Missouri 63841

Crossroads Court ( Dexter Elderly Housing )

1309 W Business US Highway 60, Dexter, Missouri 63841

Hickory Plaza Apartments

1406 Scott Avenue, Dexter, Missouri 63841

Grants Apartments

Grant and Two Mills Rd, Dexter, Missouri 63841

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

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

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

How many renters live in Dexter, Missouri?

The City of Dexter has 7,910 people living in 3,290 households.

There are 3,035 renters living in 1,366 renter households in this City. Renters make up 38.37 percent of the population living in Dexter.

What is the rental market like in Dexter, Missouri?

There are an estimated 3,954 housing units in the Dexter area. Of these, 1,575 units are rental homes, making up 40 percent of the housing market. For every renter household in Dexter, Missouri, there are 1 rental units.

What is the vacancy rate for rentals in Dexter?

The rental vacancy rate in Dexter is 13 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 Dexter for each bedroom size?

Occupied Rental Units by Size in Dexter
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
36 389 556 358 27
Occupied Rental Units by Size in Dexter

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

Among renter households in this market, 38 percent have housing cost burden. Further, 15 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 Dexter

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $601 to $1,259. 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 $1,037
Four BR $1,259
2024 Fair Market Rents in Dexter, Missouri

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

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 21 58 percent
One BR 303 78 percent
Two BR 399 72 percent
Rental Units Below FMR in Dexter, Missouri

How many affordable rental units are in Dexter?

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

Federal Program Unit Count
Low Income Housing Tax Credit 118
Public Housing 136
Section 8 Project-Based Rental Assistance 117
USDA Section 515 Rural Rental Housing 76
Tracked Units by Federal Program in Dexter, Missouri

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

Income Based Apartments in Dexter, Missouri

Dexter features 314 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 Dexter, Missouri

There are 40 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Dexter.

Housing Choice Vouchers in Dexter, Missouri

On average, Section 8 Housing Choice vouchers pay Dexter landlords $400 per month towards rent. The average voucher holder contributes $300 towards rent in Dexter.

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

Sourced from federal housing data and AffordableHousingOnline.com research.