Low Income Apartments and Affordable Housing For Rent in Moscow Mills, MO

Discover affordable housing in Moscow Mills where there are 2+ 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.

Chestnut Ridge

10 Chestnut Ridge Ct, Moscow Mills, Missouri 63362

Parkview Estates of Moscow Mills

322 Railroad St, Moscow Mills, Missouri 63362

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 Moscow Mills, Missouri
$22.90/hour
$10.60 (+86%) more than Missouri minimum wage and $15.65 (+216%) more than the Federal minimum wage.
Learn More About Moscow Mills, Missouri Affordable Housing ↓

What HUD offices serve Moscow Mills, 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 Moscow Mills, Missouri.

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

How many renters live in Moscow Mills, Missouri?

The City of Moscow Mills has 3,502 people living in 1,200 households.

There are 964 renters living in 320 renter households in this City. Renters make up 27.53 percent of the population living in Moscow Mills.

What is the rental market like in Moscow Mills, Missouri?

There are an estimated 1,221 housing units in the Moscow Mills area. Of these, 341 units are rental homes, making up 28 percent of the housing market. For every renter household in Moscow Mills, Missouri, there are 1 rental units.

What is the vacancy rate for rentals in Moscow Mills?

The rental vacancy rate in Moscow Mills is 6 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 Moscow Mills for each bedroom size?

Occupied Rental Units by Size in Moscow Mills
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
0 12 56 252 0
Occupied Rental Units by Size in Moscow Mills

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

Among renter households in this market, 35 percent have housing cost burden. Further, 29 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 Moscow Mills

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $928 to $1,818. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $928
One BR $972
Two BR $1,209
Three BR $1,565
Four BR $1,818
2024 Fair Market Rents in Moscow Mills, Missouri

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

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
One BR 12 100 percent
Two BR 28 50 percent
Rental Units Below FMR in Moscow Mills, Missouri

How many affordable rental units are in Moscow Mills?

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

Federal Program Unit Count
Low Income Housing Tax Credit 52
Tracked Units by Federal Program in Moscow Mills, Missouri

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

Income Based Apartments in Moscow Mills, Missouri

Moscow Mills features 0 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 Moscow Mills, Missouri

There are 52 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Moscow Mills.

Housing Choice Vouchers in Moscow Mills, Missouri

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Moscow Mills, Missouri for a two-bedroom apartment is between $1,088 and $1,330.

Sourced from federal housing data and AffordableHousingOnline.com research.