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

Discover affordable housing in Henry County where there are 21+ 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.

Clinton Estates

1020 S 2nd St, Clinton, Missouri 64735

Clinton North Apartments

512 Meadowlark Dr, Clinton, Missouri 64735

Village Square

135-139 North Washington & 210-221 Green St, Clinton, Missouri 64735

Windsors Briarwood Estates, Lp

424 Phelps St, Windsor, Missouri 65360

Deepwater Sc Housing

615 S 8th St, Deepwater, Missouri 64740

Kenton Place

1101 E Ohio St, Clinton, Missouri 64735

Clinton Apartments

205 Swisher Dr, Clinton, Missouri 64735

Cloy Estates

1441 Dzf Rd, Clinton, Missouri 64735

Clinton Manor

1717 Gaines Drive, Clinton, Missouri 64735

Antioch Hills Aka Harmon Gaines Duplexes

1819 N Gaines Dr, Clinton, Missouri 64735

Greyhound Apartments

507 W Colt St, Windsor, Missouri 65360

Katy Trail Estates

7 Bradshaw Dr, Clinton, Missouri 64735

Grand River Senior Housing, Inc.

704 N. Maple, Urich, Missouri

Brookview Apts of Clinton

506 Meadowlark Drive, Clinton, Missouri

Missouri

Hillcrest St and County Route E, Windsor, Missouri 65360

Katy Trails Estates

100 W Pine St, Clinton, Missouri 64735

223 Gravel Street

223 W Gravel St, Clinton, Missouri 64735

Calhoun Village Apartments

107 Northeast St, Calhoun, Missouri 65323

Belmont Homes

410 S Smith St, Windsor, Missouri 65360

514 E Meadowlark Dr

514 Meadowlark Dr, Clinton, Missouri 64735

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

How many renters live in Henry County, Missouri?

The County of Henry County has 22,064 people living in 9,241 households.

There are 5,590 renters living in 2,572 renter households in this County. Renters make up 25.34 percent of the population living in Henry County.

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

There are an estimated 10,704 housing units in the Henry County area. Of these, 2,645 units are rental homes, making up 25 percent of the housing market. For every renter household in Henry County, Missouri, there are 1 rental units.

What is the vacancy rate for rentals in Henry County?

The rental vacancy rate in Henry County is 2 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 Henry County for each bedroom size?

Occupied Rental Units by Size in Henry County
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
20 480 1,094 778 149
Occupied Rental Units by Size in Henry County

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

Among renter households in this market, 45 percent have housing cost burden. Further, 17 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 Henry County

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $603 to $1,061. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $603
One BR $607
Two BR $797
Three BR $1,057
Four BR $1,061
2024 Fair Market Rents in Henry County, Missouri

How many units are rented at Fair Market Rent (FMR) in Henry 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 5 25 percent
One BR 321 67 percent
Two BR 683 62 percent
Rental Units Below FMR in Henry County, Missouri

How many affordable rental units are in Henry County?

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

Federal Program Unit Count
Low Income Housing Tax Credit 495
Public Housing 150
Section 8 Project-Based Rental Assistance 118
USDA Section 515 Rural Rental Housing 181
Tracked Units by Federal Program in Henry County, Missouri

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

Income Based Apartments in Henry County, Missouri

Henry County features 506 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 Henry County, Missouri

There are 284 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Henry County.

Housing Choice Vouchers in Henry County, Missouri

On average, Section 8 Housing Choice vouchers pay Henry County landlords $500 per month towards rent. The average voucher holder contributes $300 towards rent in Henry County.

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

Sourced from federal housing data and AffordableHousingOnline.com research.