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

Discover affordable housing in Marshfield 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.

Marshfield Seniors

575 Pine Ridge St, Marshfield, Missouri 65706

Marshfield Senior Apartments

1060 Banning St, Marshfield, Missouri 65706

Massey Park Apartments

240 N White Oak St, Marshfield, Missouri 65706

Brookview Apts of Marshfield Ph II

517 Church St, Marshfield, Missouri

South White Oak

603 Birchwood Rd, Marshfield, Missouri 65706

Marshfield Heights Apartments

1052 Banning St, Marshfield, Missouri 65706

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 Marshfield, Missouri
$17.44/hour
$5.14 (+42%) more than Missouri minimum wage and $10.19 (+141%) more than the Federal minimum wage.
Learn More About Marshfield, Missouri Affordable Housing ↓

What HUD offices serve Marshfield, 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 Marshfield, Missouri.

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

How many renters live in Marshfield, Missouri?

The City of Marshfield has 7,501 people living in 2,619 households.

There are 3,269 renters living in 1,102 renter households in this City. Renters make up 43.58 percent of the population living in Marshfield.

What is the rental market like in Marshfield, Missouri?

There are an estimated 3,082 housing units in the Marshfield area. Of these, 1,231 units are rental homes, making up 40 percent of the housing market. For every renter household in Marshfield, Missouri, there are 1 rental units.

What is the vacancy rate for rentals in Marshfield?

The rental vacancy rate in Marshfield is 4 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 Marshfield for each bedroom size?

Occupied Rental Units by Size in Marshfield
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
22 203 483 363 31
Occupied Rental Units by Size in Marshfield

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

Among renter households in this market, 25 percent have housing cost burden. Further, 8 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 Marshfield

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $718 to $1,434. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $718
One BR $723
Two BR $921
Three BR $1,274
Four BR $1,434
2024 Fair Market Rents in Marshfield, Missouri

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

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 22 100 percent
One BR 166 82 percent
Two BR 410 85 percent
Rental Units Below FMR in Marshfield, Missouri

How many affordable rental units are in Marshfield?

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

Federal Program Unit Count
Low Income Housing Tax Credit 191
Section 8 Project-Based Rental Assistance 44
USDA Section 515 Rural Rental Housing 39
Tracked Units by Federal Program in Marshfield, Missouri

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

Income Based Apartments in Marshfield, Missouri

Marshfield features 83 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 Marshfield, Missouri

There are 86 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Marshfield.

Housing Choice Vouchers in Marshfield, Missouri

On average, Section 8 Housing Choice vouchers pay Marshfield landlords $400 per month towards rent. The average voucher holder contributes $300 towards rent in Marshfield.

The maximum amount a voucher would pay on behalf of a low-income tenant in Marshfield, Missouri for a two-bedroom apartment is between $829 and $1,013.

Sourced from federal housing data and AffordableHousingOnline.com research.