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

Discover affordable housing in Greentop 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.

Greentop Housing Assoc

400 N Marion St, Greentop, Missouri 63546

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

How many renters live in Greentop, Missouri?

The City of Greentop has 546 people living in 231 households.

There are 102 renters living in 34 renter households in this City. Renters make up 18.68 percent of the population living in Greentop.

What is the rental market like in Greentop, Missouri?

There are an estimated 284 housing units in the Greentop area. Of these, 34 units are rental homes, making up 12 percent of the housing market. For every renter household in Greentop, Missouri, there are 1 rental units.

What is the vacancy rate for rentals in Greentop?

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

Occupied Rental Units by Size in Greentop
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
6 11 11 5 1
Occupied Rental Units by Size in Greentop

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

Among renter households in this market, 15 percent have housing cost burden. Further, 9 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 Greentop

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $542 to $1,358. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $542
One BR $609
Two BR $800
Three BR $1,127
Four BR $1,358
2024 Fair Market Rents in Greentop, Missouri

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

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 6 100 percent
One BR 9 82 percent
Two BR 2 18 percent
Rental Units Below FMR in Greentop, Missouri

How many affordable rental units are in Greentop?

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

Federal Program Unit Count
USDA Section 515 Rural Rental Housing 23
Tracked Units by Federal Program in Greentop, Missouri

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

Income Based Apartments in Greentop, Missouri

Greentop features 23 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 Greentop, Missouri

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

Housing Choice Vouchers in Greentop, Missouri

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

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

Sourced from federal housing data and AffordableHousingOnline.com research.