Low Income Apartments and Affordable Housing For Rent in Gasconade County, MO

Discover affordable housing in Gasconade County where there are 4+ 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.

Owensville Estates

901 S 4th St, Owensville, Missouri 65066

Owensville Annex

901 South 4th Street, Owensville, Missouri 65066

Hermann Senior Housing Corp

510 Goethe St, Hermann, Missouri

Owensville Senior Citizen Housing

1009 Springfield Rd, Owensville, Missouri

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

How many renters live in Gasconade County, Missouri?

The County of Gasconade County has 14,801 people living in 5,970 households.

There are 2,569 renters living in 1,152 renter households in this County. Renters make up 17.36 percent of the population living in Gasconade County.

What is the rental market like in Gasconade County, Missouri?

There are an estimated 7,615 housing units in the Gasconade County area. Of these, 1,237 units are rental homes, making up 16 percent of the housing market. For every renter household in Gasconade County, Missouri, there are 1 rental units.

What is the vacancy rate for rentals in Gasconade County?

The rental vacancy rate in Gasconade County is 7 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 Gasconade County for each bedroom size?

Occupied Rental Units by Size in Gasconade County
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
38 338 362 335 74
Occupied Rental Units by Size in Gasconade County

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

Among renter households in this market, 31 percent have housing cost burden. Further, 12 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 Gasconade County

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $601 to $1,326. 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 $964
Four BR $1,326
2024 Fair Market Rents in Gasconade County, Missouri

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

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 28 74 percent
One BR 251 74 percent
Two BR 298 82 percent
Rental Units Below FMR in Gasconade County, Missouri

How many affordable rental units are in Gasconade County?

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

Federal Program Unit Count
USDA Section 515 Rural Rental Housing 134
Tracked Units by Federal Program in Gasconade County, Missouri

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

Income Based Apartments in Gasconade County, Missouri

Gasconade County features 134 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 Gasconade County, Missouri

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

Housing Choice Vouchers in Gasconade County, Missouri

On average, Section 8 Housing Choice vouchers pay Gasconade County landlords $500 per month towards rent. The average voucher holder contributes $200 towards rent in Gasconade County.

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

Sourced from federal housing data and AffordableHousingOnline.com research.