How many renters live in East Lynne, Missouri?
The City of East Lynne has people living in households.
There are renters living in renter households in this City. Renters make up 41.38 percent of the population living in East Lynne.
What is the rental market like in East Lynne, Missouri?
There are an estimated housing units in the East Lynne area. Of these, units are rental homes, making up percent of the housing market. For every renter household in East Lynne, Missouri, there are 1 rental units.
What is the vacancy rate for rentals in East Lynne?
The rental vacancy rate in East Lynne 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 East Lynne for each bedroom size?
Occupied Rental Units by Size in East Lynne
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 0 | 9 | 2 | 21 | 3 |
Occupied Rental Units by Size in East Lynne
A large number of apartments in East Lynne have two or fewer bedrooms. Seniors and young professionals especially may have more success finding an apartment that meets their needs.
How Much Is Rent in East Lynne
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $985 to $1,931. FMRs are updated annually by HUD for every city and county nationwide.
| Bed Size | 2024 Fair Market Rents |
| Studio | $985 |
| One BR | $1,098 |
| Two BR | $1,258 |
| Three BR | $1,645 |
| Four BR | $1,931 |
2024 Fair Market Rents in East Lynne, Missouri
How many units are rented at Fair Market Rent (FMR) in East Lynne?
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 | 9 | 100 percent |
| Two BR | 2 | 100 percent |
Rental Units Below FMR in East Lynne, Missouri
How many affordable rental units are in East Lynne?
There are a variety of federal affordable housing programs serving households in East Lynne, Missouri including the following:
| Federal Program | Unit Count |
| USDA Section 515 Rural Rental Housing |
Tracked Units by Federal Program in East Lynne, Missouri
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in East Lynne, Missouri
East Lynne features 8 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 East Lynne, Missouri
There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in East Lynne.
Housing Choice Vouchers in East Lynne, Missouri
On average, Section 8 Housing Choice vouchers pay East Lynne landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in East Lynne.
The maximum amount a voucher would pay on behalf of a low-income tenant in East Lynne, Missouri for a two-bedroom apartment is between $1,132 and $1,384.
Sourced from federal housing data and AffordableHousingOnline.com research.