Affordable Housing In Henry County

20 Low Income Apartment Communities In Henry County

Antioch Hills Aka Harmon Gaines Duplexes

1819 N Gaines Dr
Clinton, Missouri

Clinton Apartments

205 Swisher Dr
Clinton, Missouri

Greyhound Apartments

507 W Colt St
Windsor, Missouri

Belmont Homes

410 S Smith St
Windsor, Missouri

Katy Trail Estates

7 Bradshaw Dr
Clinton, Missouri

Deepwater Sc Housing

615 S 8th St
Deepwater, Missouri

Katy Trails Estates

100 W Pine St
Clinton, Missouri

Windsors Briarwood Estates

Phelps and Hillcrest
Windsor, Missouri

Brookview Apts of Clinton

506 Meadowlark Drive
Clinton, Missouri

Grand River Senior Housing, Inc.

704 N. Maple
Urich, Missouri

Guide To Affordable Housing in Henry County, Missouri

There are 20 low income housing apartment communities offering 836 affordable apartments for rent in Henry County, Missouri.

Income Based Apartments in Henry County, Missouri

Henry County features 456 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 380 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 $652 and $796.

2022 Henry County, Missouri Fair Market Rents and Housing Choice Voucher Payment Standards

Fair Market Rents can be used to better understand the average housing costs of an area. Fair Market Rents are used by HUD to establish payment and rent standards for federal rental assistance programs like the Section 8 Housing Choice Voucher Program.

Studio One BR Two BR Three BR Four BR
Henry County, Missouri Fair Market Rent $517 $550 $724 $958 $982
Henry County, Missouri Payment Standard Range $465 to $569 $495 to $605 $652 to $796 $862 to $1,054 $884 to $1,080

Sourced from federal housing data and research.

Henry County, MO Affordable Housing Snapshot

Total Affordable Apartment Properties 20
Total Low Income Apartments 836
Total Housing Units with Rental Assistance 456
Percentage of Housing Units Occupied By Renters 25.15%
Average Renter Household Size 2.34
Average Household Size 2.29
Median Household Income $42,181 ±$3,047
Median Rent $669 ±$42
Percentage Of Renters Overburdened 40.1% ± 6.77pp
Total Population 22,034

Population and Household Demographics

Henry County is a county in Missouri with a population of 22,034. There are 9,518 households in the county with an average household size of 2.29 persons. 25.15% of households in Henry County are renters.

Income and Rent Overburden in Henry County

The median gross income for households in Henry County is $42,181 a year, or $3,515 a month. The median rent for the county is $669 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Henry County, a household making less than $2,230 a month would be considered overburdened when renting an apartment at or above the median rent. 40.1% of households who rent are overburdened in Henry County.

Area Median Income In Henry County

Affordable housing program eligibility is always determined by one's income. Each household's income is compared to the incomes of all other households in the area. This is accomplished through a statistic established by the government called the Area Median Income, most often referred to as AMI. The AMI is calculated and published each year by HUD.

In Henry County, HUD calculates the Area Median Income for a family of four as $59,400

Most affordable housing programs determine eligibility based on the percent of AMI a given household's income is. Among the programs that determine eligibility based on the AMI are Section 8, HOME, LIHTC, Section 515, 202 and 811.

Rental Assistance in Henry County

Rental assistance is a type of housing subsidy that pays for a portion of a renter’s monthly housing costs, including rent and tenant paid utilities. This housing assistance can come in the form of Section 8 Housing Choice Vouchers, project-based Section 8 contracts, public housing, USDA Rental Assistance (in Section 515 properties) as well as HUD Section 202 and 811 properties for elderly and disabled households.

Income Qualifications for HUD Rental Assistance in Henry County

1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% AMI Income Limits
Renters earning up to 30% of the Henry County AMI may qualify for rental assistance programs that target Extremely Low Income households.
$12,880 $17,420 $21,960 $26,500 $31,040 $34,500 $36,850 $39,250
50% AMI Income Limits
Renters earning up to 50% of the Henry County AMI may qualify for rental assistance programs that target Very Low Income households.
$20,800 $23,800 $26,750 $29,700 $32,100 $34,500 $36,850 $39,250
80% AMI Income Limits
Renters earning up to 80% of the Henry County AMI may qualify for rental assistance programs that target Low Income households.
$33,250 $38,000 $42,750 $47,500 $51,300 $55,100 $58,900 $62,700

Cities In Henry County

Select A City to View its Apartment Communities and Waiting Lists.

City Served By
Clinton The HUD funded Public Housing Agency that serves Clinton is the Clinton Housing Authority.
La Due