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

Discover affordable housing in Macon where there are 6+ 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.

Alexandra Pointe

802 Ranchland Dr, Macon, Missouri 63552

Macon

1404 S Missouri St, Macon, Missouri 63552

Ranchland Gardens

802 Ranchland Dr, Macon, Missouri 63552

Macon Senior Citizens Hsg Inc

601 Maple Lane, Macon, Missouri

Ranchland Garden Apartments

700 Ranchland Dr, Macon, Missouri 63552

Missouri

218 Lakeview Towers, Macon, Missouri 63552

calendar_today Opened: Mar 21
Open Until Further Notice

Reported On March 21st, 2024 by Lorena Bentley

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

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

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

How many renters live in Macon, Missouri?

The City of Macon has 5,452 people living in 2,323 households.

There are 1,566 renters living in 820 renter households in this City. Renters make up 28.72 percent of the population living in Macon.

What is the rental market like in Macon, Missouri?

There are an estimated 2,802 housing units in the Macon area. Of these, 953 units are rental homes, making up 34 percent of the housing market. For every renter household in Macon, Missouri, there are 1 rental units.

What is the vacancy rate for rentals in Macon?

The rental vacancy rate in Macon is 14 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 Macon for each bedroom size?

Occupied Rental Units by Size in Macon
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
56 162 275 299 14
Occupied Rental Units by Size in Macon

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

Among renter households in this market, 48 percent have housing cost burden. Further, 20 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 Macon

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $540 to $1,139. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $540
One BR $607
Two BR $797
Three BR $1,123
Four BR $1,139
2024 Fair Market Rents in Macon, Missouri

How many units are rented at Fair Market Rent (FMR) in Macon?

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 22 39 percent
One BR 127 78 percent
Two BR 130 47 percent
Rental Units Below FMR in Macon, Missouri

How many affordable rental units are in Macon?

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

Federal Program Unit Count
Low Income Housing Tax Credit 71
Public Housing 105
USDA Section 515 Rural Rental Housing 151
Tracked Units by Federal Program in Macon, Missouri

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

Income Based Apartments in Macon, Missouri

Macon features 256 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 Macon, Missouri

There are 67 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Macon.

Housing Choice Vouchers in Macon, Missouri

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

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

Sourced from federal housing data and AffordableHousingOnline.com research.