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

Discover affordable housing in Boone County where there are 34+ 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.

Centralia Apartments

525 W Southgate, Centralia, Missouri 65240

Freedom House

107 N William St, Columbia, Missouri 65201

Boone Pointe Affordable Housing

4630 Apple Tree Ln. & 306 St. Joseph St., Columbia, Missouri 65203

Buena Vista Homes

405 N Ogden St, Sturgeon, Missouri 65284

Moniteau Housing

600 4th St, Rocheport, Missouri 65279

Waterbrook Place

413 N Garth Ave, Columbia, Missouri 65203

Gentry Estates I & II

4150 Bethel Street, Columbia, Missouri 65203

Sinclair Estates

1985 West Southampton Drive, Columbia, Missouri 65203

Bryant Walker Apartments II

306 Lasalle Pl., Columbia, Missouri 65203

Bryant Walkway Apartments

9 Bryant Walkway, Columbia, Missouri 65203

Bear Creek Townhomes

Elleta Boulevard, Columbia, Missouri 65202

Patriot Place Apartments

2112 E Business Loop 70, Columbia, Missouri 65201

Stuart Parker Apartments

225 Unity Dr, Columbia, Missouri 65203

Oak Towers

700 N Garth Ave, Columbia, Missouri 65203

Bethel Ridge Estates ll

3850 Bethel St, Columbia, Missouri 65203

Lakewood Apartments

203 Anita Ct, Columbia, Missouri 65201

Columbia Square Apartments

1801 W Worley St, Columbia, Missouri 65203

Hanover Village

1601 Hanover Blvd, Columbia, Missouri 65202

North Hampton Village

7000 N Buckingham Sq, Columbia, Missouri 65202

Harambee House

703 N 8th St, Columbia, Missouri 65201

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Boone County, Missouri
$19.60/hour
$7.30 (+59%) more than Missouri minimum wage and $12.35 (+170%) more than the Federal minimum wage.
Learn More About Boone County, Missouri Affordable Housing ↓

What HUD offices serve Boone County, 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), Public Housing programs for Boone County, Missouri.
Operates the Section 8 Housing Choice Voucher (HCV) programs for Boone County, Missouri.

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

How many renters live in Boone County, Missouri?

The County of Boone County has 187,690 people living in 77,339 households.

There are 65,245 renters living in 31,868 renter households in this County. Renters make up 34.76 percent of the population living in Boone County.

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

There are an estimated 80,187 housing units in the Boone County area. Of these, 34,035 units are rental homes, making up 42 percent of the housing market. For every renter household in Boone County, Missouri, there are 1 rental units.

What is the vacancy rate for rentals in Boone County?

The rental vacancy rate in Boone County is 7 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 Boone County for each bedroom size?

Occupied Rental Units by Size in Boone County
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
1,340 4,271 13,238 8,556 4,091
Occupied Rental Units by Size in Boone County

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

Among renter households in this market, 46 percent have housing cost burden. Further, 28 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 Boone County

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $702 to $1,620. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $702
One BR $861
Two BR $1,035
Three BR $1,386
Four BR $1,620
2024 Fair Market Rents in Boone County, Missouri

How many units are rented at Fair Market Rent (FMR) in Boone 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 573 43 percent
One BR 2,259 53 percent
Two BR 9,928 75 percent
Rental Units Below FMR in Boone County, Missouri

How many affordable rental units are in Boone County?

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

Federal Program Unit Count
Low Income Housing Tax Credit 1,191
Public Housing 119
Section 8 Project-Based Rental Assistance 232
Section 811 Supportive Housing for Persons with Disabilities 71
USDA Section 515 Rural Rental Housing 178
Tracked Units by Federal Program in Boone County, Missouri

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

Income Based Apartments in Boone County, Missouri

Boone County features 789 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 Boone County, Missouri

There are 870 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Boone County.

Housing Choice Vouchers in Boone County, Missouri

On average, Section 8 Housing Choice vouchers pay Boone County landlords $600 per month towards rent. The average voucher holder contributes $300 towards rent in Boone County.

The maximum amount a voucher would pay on behalf of a low-income tenant in Boone County, Missouri for a two-bedroom apartment is between $932 and $1,139.

Sourced from federal housing data and AffordableHousingOnline.com research.