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

Discover affordable housing in Lincoln County where there are 27+ 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.

Parkview Estates of Moscow Mills

322 Railroad St, Moscow Mills, Missouri 63362

switch_access_shortcut Short Wait
accessibility Accessible

Fairfield Apts of Troy

1050 Sommerset Dr, Troy, Missouri

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payment Subsidized
real_estate_agent Accepts Vouchers

Brookview Sr Apts of Troy

1051 Brookview Dr, Troy, Missouri

switch_access_shortcut Short Wait
payment Subsidized
real_estate_agent Accepts Vouchers

Taylor Terrace

1101 Old Tollgate Rd, Elsberry, Missouri

switch_access_shortcut Short Wait
payment Subsidized
real_estate_agent Accepts Vouchers

Old Monroe Senior Citizen Housing

100 Friendship Village Ct, Old Monroe, Missouri

switch_access_shortcut Short Wait
payment Subsidized
real_estate_agent Accepts Vouchers

Brookview Apts of Elsberry

100 Brookview Ln, Elsberry, Missouri

switch_access_shortcut Short Wait
payment Subsidized
real_estate_agent Accepts Vouchers

Troy Village Apartments

Forsythe Cir, Troy, Missouri 63379

switch_access_shortcut Short Wait
accessibility Accessible

How To Identify Affordable Housing in Lincoln County, 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.
real_estate_agent Naturally Affordable
Naturally Occuring Affordable Housing - or NOAH - is any housing unit that offers affordable rent without participating in a rent subsidy program.
calendar_today Opened: Mar 21
Open Until Further Notice
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Reported On September 18th, 2024 by Lorena Bentley

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Lincoln County, Missouri
$22.90/hour
$10.60 (+86%) more than Missouri minimum wage and $15.65 (+216%) more than the Federal minimum wage.
Learn More About Lincoln County, Missouri Affordable Housing ↓

What HUD offices serve Lincoln 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 Lincoln County, Missouri.

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

How many renters live in Lincoln County, Missouri?

The County of Lincoln County has people living in households.

There are renters living in renter households in this County. Renters make up 20.24 percent of the population living in Lincoln County.

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

There are an estimated housing units in the Lincoln County area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Lincoln County, Missouri, there are 1.03 rental units.

What is the vacancy rate for rentals in Lincoln County?

The rental vacancy rate in Lincoln County is 3 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 Lincoln County for each bedroom size?

Occupied Rental Units by Size in Lincoln County
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
24 743 1,187 2,303 253
Occupied Rental Units by Size in Lincoln County

A large number of apartments in Lincoln County have two or fewer bedrooms. Seniors and young professionals especially may have more success finding an apartment that meets their needs.

How Much Is Rent in Lincoln County

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $928 to $1,818. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $928
One BR $972
Two BR $1,209
Three BR $1,565
Four BR $1,818
2024 Fair Market Rents in Lincoln County, Missouri

How many units are rented at Fair Market Rent (FMR) in Lincoln 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 23 96 percent
One BR 699 94 percent
Two BR 933 79 percent
Rental Units Below FMR in Lincoln County, Missouri

How many affordable rental units are in Lincoln County?

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

Federal Program Unit Count
Low Income Housing Tax Credit
USDA Section 515 Rural Rental Housing
Tracked Units by Federal Program in Lincoln County, Missouri

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

Income Based Apartments in Lincoln County, Missouri

Lincoln County features 288 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 Lincoln County, Missouri

There are 374 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Lincoln County.

Housing Choice Vouchers in Lincoln County, Missouri

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Lincoln County, Missouri for a two-bedroom apartment is between $1,088 and $1,330.

Sourced from federal housing data and AffordableHousingOnline.com research.

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