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

Discover affordable housing in Laclede County where there are 15+ 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.

Lebanon Properties III

750 Main St, Lebanon, Missouri 65536

Lebanon Oaks Apartments

601 St. Louis St, Lebanon, Missouri 65536

Lebanon Heights Apartments

450 Wood St, Lebanon, Missouri 65536

Monroe Estates

601 North Monroe , Lebanon, Missouri 65536

Tower Village

623 Tower Road, Lebanon, Missouri 65536

W.T. Vernon Housing

550 Harwood Ave, Lebanon, Missouri 65536

Timber Creek Estates

628 E Bland Rd, Lebanon, Missouri 65536

Lebanon Fields Apartments

1535 Tower Rd, Lebanon, Missouri 65536

Conway Senior Citizens Housing

111 S Myrtle St, Conway, Missouri 65632

Lebanon Senior Housing, Phase II

919 Tower Rd, Lebanon, Missouri 65536

Maplewoods

Woodhill Dr, Lebanon, Missouri 65536

Cedargate Apartments

Rubey and Elm St, Conway, Missouri 65632

Maple Village

261 Harwood Ave, Lebanon, Missouri 65536

Lebanon Sundance Apartments

1041 Ivey Ln, Lebanon, Missouri 65536

Missouri

Bland And Tower Sts, Lebanon, Missouri 99999

Open Until Further Notice

Reported On February 23rd, 2024 by Chris Madden

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

What HUD offices serve Laclede 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) programs for Laclede County, Missouri.

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

How many renters live in Laclede County, Missouri?

The County of Laclede County has 36,060 people living in 14,345 households.

There are 10,343 renters living in 4,284 renter households in this County. Renters make up 28.68 percent of the population living in Laclede County.

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

There are an estimated 15,935 housing units in the Laclede County area. Of these, 4,693 units are rental homes, making up 29 percent of the housing market. For every renter household in Laclede County, Missouri, there are 1 rental units.

What is the vacancy rate for rentals in Laclede County?

The rental vacancy rate in Laclede County 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 Laclede County for each bedroom size?

Occupied Rental Units by Size in Laclede County
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
210 762 1,452 1,557 203
Occupied Rental Units by Size in Laclede County

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

Among renter households in this market, 31 percent have housing cost burden. Further, 11 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 Laclede County

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $601 to $1,353. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $601
One BR $607
Two BR $797
Three BR $1,061
Four BR $1,353
2024 Fair Market Rents in Laclede County, Missouri

How many units are rented at Fair Market Rent (FMR) in Laclede 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 138 66 percent
One BR 577 76 percent
Two BR 757 52 percent
Rental Units Below FMR in Laclede County, Missouri

How many affordable rental units are in Laclede County?

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

Federal Program Unit Count
Low Income Housing Tax Credit 326
Public Housing 162
Section 8 Project-Based Rental Assistance 140
USDA Section 515 Rural Rental Housing 147
Tracked Units by Federal Program in Laclede County, Missouri

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

Income Based Apartments in Laclede County, Missouri

Laclede County features 424 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 Laclede County, Missouri

There are 198 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Laclede County.

Housing Choice Vouchers in Laclede County, Missouri

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

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

Sourced from federal housing data and AffordableHousingOnline.com research.