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

Discover affordable housing in Greenfield where there are 2+ 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.

Greenfield Properties Apartments

559 Broad St, Greenfield, Missouri 65661

Greenfield Retirement Home

210 and 408 Garrett St, Greenfield, Missouri

Open Until Further Notice

Reported On February 23rd, 2024 by Chris Madden

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

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

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

How many renters live in Greenfield, Missouri?

The City of Greenfield has 1,288 people living in 567 households.

There are 543 renters living in 244 renter households in this City. Renters make up 42.16 percent of the population living in Greenfield.

What is the rental market like in Greenfield, Missouri?

There are an estimated 715 housing units in the Greenfield area. Of these, 267 units are rental homes, making up 37 percent of the housing market. For every renter household in Greenfield, Missouri, there are 1 rental units.

What is the vacancy rate for rentals in Greenfield?

The rental vacancy rate in Greenfield 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 Greenfield for each bedroom size?

Occupied Rental Units by Size in Greenfield
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
0 110 58 39 30
Occupied Rental Units by Size in Greenfield

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

Among renter households in this market, 36 percent have housing cost burden. Further, 11 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 Greenfield

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $601 to $1,321. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $601
One BR $631
Two BR $797
Three BR $1,123
Four BR $1,321
2024 Fair Market Rents in Greenfield, Missouri

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

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 95 86 percent
Two BR 44 76 percent
Rental Units Below FMR in Greenfield, Missouri

How many affordable rental units are in Greenfield?

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

Federal Program Unit Count
Low Income Housing Tax Credit 24
USDA Section 515 Rural Rental Housing 72
Tracked Units by Federal Program in Greenfield, Missouri

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

Income Based Apartments in Greenfield, Missouri

Greenfield features 72 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 Greenfield, Missouri

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

Housing Choice Vouchers in Greenfield, Missouri

On average, Section 8 Housing Choice vouchers pay Greenfield landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Greenfield.

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

Sourced from federal housing data and AffordableHousingOnline.com research.