How many renters live in Moniteau County, Missouri?
The County of Moniteau County has 15,401 people living in 5,691 households.
There are 2,884 renters living in 1,322 renter households in this County. Renters make up 18.73 percent of the population living in Moniteau County.
What is the rental market like in Moniteau County, Missouri?
There are an estimated 6,178 housing units in the Moniteau County area. Of these, 1,373 units are rental homes, making up 22 percent of the housing market. For every renter household in Moniteau County, Missouri, there are 1 rental units.
What is the vacancy rate for rentals in Moniteau County?
The rental vacancy rate in Moniteau 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 Moniteau County for each bedroom size?
Occupied Rental Units by Size in Moniteau County
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 59 | 123 | 632 | 432 | 22 |
Occupied Rental Units by Size in Moniteau County
A large number of apartments in Moniteau County 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 Moniteau County are overburdened by housing costs?
Among renter households in this market, 29 percent have housing cost burden. Further, 16 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 Moniteau County
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $622 to $1,160. FMRs are updated annually by HUD for every city and county nationwide.
| Bed Size | 2024 Fair Market Rents |
| Studio | $622 |
| One BR | $626 |
| Two BR | $823 |
| Three BR | $1,065 |
| Four BR | $1,160 |
2024 Fair Market Rents in Moniteau County, Missouri
How many units are rented at Fair Market Rent (FMR) in Moniteau 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 | 40 | 68 percent |
| One BR | 83 | 67 percent |
| Two BR | 398 | 63 percent |
Rental Units Below FMR in Moniteau County, Missouri
How many affordable rental units are in Moniteau County?
There are a variety of federal affordable housing programs serving households in Moniteau County, Missouri including the following:
| Federal Program | Unit Count |
| Low Income Housing Tax Credit | 92 |
| Section 811 Supportive Housing for Persons with Disabilities | 19 |
| USDA Section 515 Rural Rental Housing | 178 |
Tracked Units by Federal Program in Moniteau County, Missouri
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in Moniteau County, Missouri
Moniteau County features 187 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 Moniteau County, Missouri
There are 92 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Moniteau County.
Housing Choice Vouchers in Moniteau County, Missouri
On average, Section 8 Housing Choice vouchers pay Moniteau County landlords $500 per month towards rent. The average voucher holder contributes $300 towards rent in Moniteau County.
The maximum amount a voucher would pay on behalf of a low-income tenant in Moniteau County, Missouri for a two-bedroom apartment is between $741 and $905.
Sourced from federal housing data and AffordableHousingOnline.com research.
