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

Discover affordable housing in Gentry County where there are 5+ 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.

Friendly Heights Apartments Inc

301 N Walnut St, Stanberry, Missouri 64489

Eastridge Inc

300 N 12th St, Albany, Missouri 64402

Albany Estates

906 N 18th St, Albany, Missouri 64402

Stanberry Independent

114 W 2nd St, Stanberry, Missouri 64489

Avenue Apartments

201 N Alanthus Ave, Stanberry, Missouri

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

How many renters live in Gentry County, Missouri?

The County of Gentry County has 6,219 people living in 2,347 households.

There are 1,116 renters living in 572 renter households in this County. Renters make up 17.95 percent of the population living in Gentry County.

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

There are an estimated 2,934 housing units in the Gentry County area. Of these, 645 units are rental homes, making up 22 percent of the housing market. For every renter household in Gentry County, Missouri, there are 1 rental units.

What is the vacancy rate for rentals in Gentry County?

The rental vacancy rate in Gentry County is 11 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 Gentry County for each bedroom size?

Occupied Rental Units by Size in Gentry County
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
12 164 215 146 27
Occupied Rental Units by Size in Gentry County

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

Among renter households in this market, 24 percent have housing cost burden. Further, 8 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 Gentry County

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $601 to $1,353. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $601
One BR $617
Two BR $797
Three BR $1,092
Four BR $1,353
2024 Fair Market Rents in Gentry County, Missouri

How many units are rented at Fair Market Rent (FMR) in Gentry 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 10 83 percent
One BR 140 85 percent
Two BR 135 63 percent
Rental Units Below FMR in Gentry County, Missouri

How many affordable rental units are in Gentry County?

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

Federal Program Unit Count
Low Income Housing Tax Credit 20
Section 8 Project-Based Rental Assistance 8
USDA Section 515 Rural Rental Housing 80
Tracked Units by Federal Program in Gentry County, Missouri

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

Income Based Apartments in Gentry County, Missouri

Gentry County features 108 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 Gentry County, Missouri

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

Housing Choice Vouchers in Gentry County, Missouri

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

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

Sourced from federal housing data and AffordableHousingOnline.com research.