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

Discover affordable housing in Moberly where there are 7+ 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.

Lucille Manor Apartments

800 Sinnock Ave, Moberly, Missouri 65270

Sherwood Glen Apartments

1000 S Williams St, Moberly, Missouri 65270

Moberly Plaza Apartments Phase II

1831 Ravenwood Drive , Moberly, Missouri 65270

Country Villas Apartments

2251 Silva Ln, Moberly, Missouri 65270

Allendale Manor + Countryview Gardens

205 Farror St, Moberly, Missouri 65270

Moberly Associates II Lp

2105 Silva Ln, Moberly, Missouri 65270

L. W Case Apartments ( Moberly )

220 Taylor St, Moberly, Missouri 65270

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 Moberly, 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 Moberly, Missouri Affordable Housing ↓

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

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

How many renters live in Moberly, Missouri?

The City of Moberly has 13,708 people living in 4,935 households.

There are 5,044 renters living in 2,319 renter households in this City. Renters make up 36.8 percent of the population living in Moberly.

What is the rental market like in Moberly, Missouri?

There are an estimated 5,746 housing units in the Moberly area. Of these, 2,398 units are rental homes, making up 42 percent of the housing market. For every renter household in Moberly, Missouri, there are 1 rental units.

What is the vacancy rate for rentals in Moberly?

The rental vacancy rate in Moberly is 1 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 Moberly for each bedroom size?

Occupied Rental Units by Size in Moberly
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
42 335 1,076 765 53
Occupied Rental Units by Size in Moberly

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

Among renter households in this market, 47 percent have housing cost burden. Further, 17 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 Moberly

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $601 to $1,218. 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 $1,123
Four BR $1,218
2024 Fair Market Rents in Moberly, Missouri

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

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 12 29 percent
One BR 200 60 percent
Two BR 765 71 percent
Rental Units Below FMR in Moberly, Missouri

How many affordable rental units are in Moberly?

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

Federal Program Unit Count
Low Income Housing Tax Credit 136
Public Housing 246
Section 8 Project-Based Rental Assistance 94
USDA Section 515 Rural Rental Housing 114
Tracked Units by Federal Program in Moberly, Missouri

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

Income Based Apartments in Moberly, Missouri

Moberly features 208 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 Moberly, Missouri

There are 44 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Moberly.

Housing Choice Vouchers in Moberly, Missouri

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

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

Sourced from federal housing data and AffordableHousingOnline.com research.