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

Discover affordable housing in Missouri where there are 750+ 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.

Weston Senior Citizens Housing

1145 Lindemeyer Ln, Weston, Missouri 64098

Wells Villa Inc

525 N 2nd St, Wellsville, Missouri 63384

Timber Run Housing

1525 Nebraska St, Mound City, Missouri 64470

Sunshine Village

700 E 6th St, Willow Springs, Missouri 65793

Sunset Gardens Inc

109 E Wigham St, Centralia, Missouri 65240

Sunset Apartments

113 W Sunset Dr, Hale, Missouri 64643

Sunny Slopes Apartments

500 N Gibbs Ave, Pierce City, Missouri 65723

Sunnydale Apartments

601 Lindy Ln, Holden, Missouri 64040

Stover Golden Acres

101 E 1st St, Stover, Missouri 65078

Stonecrest Apartments

415 W Singleton St, Centralia, Missouri 65240

Sparta Senior Citizens Housing

436 Division St, Sparta, Missouri 65753

Silver Crest Villa

318 W Oak St, Urbana, Missouri 65767

Shelbyville Rural Rental Housing Corp

304 W Main St, Shelbyville, Missouri 63469

Schell City Housing

365 W 4th St, Schell City, Missouri 64783

Rogersville Senior Citizens Housing

112 S Maple St, Rogersville, Missouri 65742

Rest Easy Apartments Inc

604 E Grand St, Gallatin, Missouri 64640

Palmyra Rural Rental Housing Inc

502 Sunset Dr, Palmyra, Missouri 63461

Ozark Meadows Lp

402 S 11th St, Ozark, Missouri 65721

Novinger Housing Assn

500 Main St, Novinger, Missouri 63559

12th Street Apartments

1113 S 12th St, Bethany, Missouri 64424

How To Identify Affordable Housing in Missouri

Look for program and preference badges on affordable apartment listings. These badges can help you identify the types of low income housing each apartment offers and if you may be eligbile for rental assistance or reduced rents.

Badge Description
switch_access_shortcut Short Wait
Low income apartments with no or short waiting lists.
payment Subsidized
Low income housing where the rent is subsidized and the renter pays only a portion of total rent.
real_estate_agent Accepts Vouchers
Apartments that accept Section 8 vouchers near you
elderly Senior
Rental housing for seniors who are 55 (or sometimes 62) and older.
payment Income Based
Affordable apartments where the rent paid is based on renter income.
accessibility Accessible
Meets Accessibilty Requirements of the Fair Housing Act, the ADA, or HUD policy.
accessible_forward Disability
Apartments for individuals or families with disabilities.
The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Missouri
$16.44/hour
$4.14 (+34%) more than Missouri minimum wage and $9.19 (+127%) more than the Federal minimum wage.
Learn More About Missouri Affordable Housing ↓

How many renters live in Missouri?

The State of Missouri has 43,227 people living in 16,494 households.

There are 8,355 renters living in 2,986 renter households in this State. Renters make up 19.33 percent of the population living in Missouri.

What is the rental market like in Missouri?

There are an estimated 39,729 housing units in the Missouri area. Of these, 3,238 units are rental homes, making up 8 percent of the housing market. For every renter household in Missouri, there are 1 rental units.

What is the vacancy rate for rentals in Missouri?

The rental vacancy rate in Missouri is 8 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 Missouri for each bedroom size?

Occupied Rental Units by Size in Missouri
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
33 394 1,370 923 212
Occupied Rental Units by Size in Missouri

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

Among renter households in this market, 30 percent have housing cost burden. Further, 13 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 many units are rented at Fair Market Rent (FMR) in Missouri?

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 17 52 percent
One BR 201 51 percent
Two BR 808 59 percent
Rental Units Below FMR in Missouri

How many affordable rental units are in Missouri?

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

Federal Program Unit Count
Low Income Housing Tax Credit 258
Section 8 Project-Based Rental Assistance 1
USDA Section 515 Rural Rental Housing 131
Tracked Units by Federal Program in Missouri

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

Income Based Apartments in Missouri

Missouri features 57,393 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 Missouri

There are 44,090 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Missouri.

Housing Choice Vouchers in Missouri

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Missouri for a two-bedroom apartment is between $781 and $955.

Sourced from federal housing data and AffordableHousingOnline.com research.