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

Discover affordable housing in Edina 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.

Knox County Senior Citizens Housing Inc

400 N Cottey St, Edina, Missouri 63537

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Edina, Missouri
$15.49/hour
$3.19 (+26%) more than Missouri minimum wage and $8.24 (+114%) more than the Federal minimum wage.
Learn More About Edina, Missouri Affordable Housing ↓

How many renters live in Edina, Missouri?

The City of Edina has 1,379 people living in 396 households.

There are 227 renters living in 84 renter households in this City. Renters make up 16.46 percent of the population living in Edina.

What is the rental market like in Edina, Missouri?

There are an estimated 620 housing units in the Edina area. Of these, 92 units are rental homes, making up 15 percent of the housing market. For every renter household in Edina, Missouri, there are 1 rental units.

What is the vacancy rate for rentals in Edina?

The rental vacancy rate in Edina is 9 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 Edina for each bedroom size?

Occupied Rental Units by Size in Edina
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
4 21 31 18 10
Occupied Rental Units by Size in Edina

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

Among renter households in this market, 18 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 Edina

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $617 to $1,249. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $617
One BR $623
Two BR $818
Three BR $989
Four BR $1,249
2024 Fair Market Rents in Edina, Missouri

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

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 4 100 percent
One BR 16 76 percent
Two BR 18 58 percent
Rental Units Below FMR in Edina, Missouri

How many affordable rental units are in Edina?

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

Federal Program Unit Count
USDA Section 515 Rural Rental Housing 20
Tracked Units by Federal Program in Edina, Missouri

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

Income Based Apartments in Edina, Missouri

Edina features 20 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 Edina, Missouri

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

Housing Choice Vouchers in Edina, Missouri

On average, Section 8 Housing Choice vouchers pay Edina landlords $300 per month towards rent. The average voucher holder contributes $200 towards rent in Edina.

The maximum amount a voucher would pay on behalf of a low-income tenant in Edina, Missouri for a two-bedroom apartment is between $736 and $900.

Sourced from federal housing data and AffordableHousingOnline.com research.