Affordable Housing In Marion County
23 Low Income Apartment Communities In Marion County
Housing Authorities that serve Marion County
|Lincoln County Public Housing Agency||Section 8 Housing Choice Voucher (HCV)|
Guide To Affordable Housing in Marion County, Missouri
There are 23 low income housing apartment communities offering 1,485 affordable apartments for rent in Marion County, Missouri.
Income Based Apartments in Marion County, Missouri
Marion County features 1,260 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 Marion County, Missouri
There are 225 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Marion County.
Housing Choice Vouchers in Marion County, Missouri
On average, Section 8 Housing Choice vouchers pay Marion County landlords $500 per month towards rent. The average voucher holder contributes $200 towards rent in Marion County.
The maximum amount a voucher would pay on behalf of a low-income tenant in Marion County, Missouri for a two-bedroom apartment is between $581 and $710.
2020 Marion County, Missouri Fair Market Rents and Housing Choice Voucher Payment Standards
Fair Market Rents can be used to better understand the average housing costs of an area. Fair Market Rents are used by HUD to establish payment and rent standards for federal rental assistance programs like the Section 8 Housing Choice Voucher Program.
|Studio||One BR||Two BR||Three BR||Four BR|
|Fair Market Rent||$515||$520||$645||$901||$904|
|Payment Standard Range||$464 to $567||$468 to $572||$581 to $710||$811 to $991||$814 to $994|
Sourced from federal housing data and AffordableHousingOnline.com research.
Marion County, MO Affordable Housing Snapshot
|Total Affordable Apartment Properties||23|
|Total Low Income Apartments||1,485|
|Total Housing Units with Rental Assistance||1,260|
|Percentage of Housing Units Occupied By Renters||35.14%|
|Average Renter Household Size||2.32|
|Average Household Size||2.43|
|Median Household Income||$40,814 ±$1,474|
|Median Rent||$606 ±$25|
|Percentage Of Renters Overburdened||37.26% ± 4.67pp|
Population and Household Demographics
Marion County is a county in Missouri with a population of 28,840. There are 11,213 households in the county with an average household size of 2.43 persons. 35.14% of households in Marion County are renters.
Income and Rent Overburden in Marion County
The median gross income for households in Marion County is $40,814 a year, or $3,401 a month. The median rent for the county is $606 a month.
Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Marion County, a household making less than $2,020 a month would be considered overburdened when renting an apartment at or above the median rent. 37.26% of households who rent are overburdened in Marion County.
Area Median Income In Marion County
Affordable housing program eligibility is always determined by one's income. Each household's income is compared to the incomes of all other households in the area. This is accomplished through a statistic established by the government called the Area Median Income, most often referred to as AMI. The AMI is calculated and published each year by HUD.
In Marion County, HUD calculates the Area Median Income for a family of four as $59,600
Most affordable housing programs determine eligibility based on the percent of AMI a given household's income is. Among the programs that determine eligibility based on the AMI are Section 8, HOME, LIHTC, Section 515, 202 and 811.
Rental Assistance in Marion County
Rental assistance is a type of housing subsidy that pays for a portion of a renter’s monthly housing costs, including rent and tenant paid utilities. This housing assistance can come in the form of Section 8 Housing Choice Vouchers, project-based Section 8 contracts, public housing, USDA Rental Assistance (in Section 515 properties) as well as HUD Section 202 and 811 properties for elderly and disabled households.
Income Qualifications for HUD Rental Assistance in Marion County
|Income||1 Person||2 Person||3 Person||4 Person||5 Person||6 Person||7 Person||8 Person|
|30% of Median||$12,760||$17,240||$21,720||$26,200||$30,680||$34,600||$37,000||$39,350|
|50% of Median||$20,900||$23,850||$26,850||$29,800||$32,200||$34,600||$37,000||$39,350|
|80% of Median||$33,400||$38,200||$42,950||$47,700||$51,550||$55,350||$59,150||$63,000|
Cities In Marion County
Select A City to View its Apartment Communities and Waiting Lists.
|Hannibal||The HUD funded Public Housing Agencies that serve Hannibal are the Hannibal Housing Authority and Lincoln County Public Housing Agency.|
|Monroe City||The HUD funded Public Housing Agency that serves Monroe City is the Lincoln County Public Housing Agency.|
|Palmyra||The HUD funded Public Housing Agency that serves Palmyra is the Lincoln County Public Housing Agency.|