How many renters live in New Bloomfield, Missouri?
The City of New Bloomfield has people living in households.
There are renters living in renter households in this City. Renters make up 52.92 percent of the population living in New Bloomfield.
What is the rental market like in New Bloomfield, Missouri?
There are an estimated housing units in the New Bloomfield area. Of these, units are rental homes, making up percent of the housing market. For every renter household in New Bloomfield, Missouri, there are 1.04 rental units.
What is the vacancy rate for rentals in New Bloomfield?
The rental vacancy rate in New Bloomfield 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 New Bloomfield for each bedroom size?
Occupied Rental Units by Size in New Bloomfield
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 0 | 19 | 25 | 40 | 92 |
Occupied Rental Units by Size in New Bloomfield
A large number of apartments in New Bloomfield have two or fewer bedrooms. Seniors and young professionals especially may have more success finding an apartment that meets their needs.
How Much Is Rent in New Bloomfield
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $708 to $1,380. FMRs are updated annually by HUD for every city and county nationwide.
| Bed Size | 2024 Fair Market Rents |
| Studio | $708 |
| One BR | $713 |
| Two BR | $937 |
| Three BR | $1,133 |
| Four BR | $1,380 |
2024 Fair Market Rents in New Bloomfield, Missouri
How many units are rented at Fair Market Rent (FMR) in New Bloomfield?
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 | 14 | 74 percent |
| Two BR | 21 | 84 percent |
Rental Units Below FMR in New Bloomfield, Missouri
How many affordable rental units are in New Bloomfield?
There are a variety of federal affordable housing programs serving households in New Bloomfield, Missouri including the following:
| Federal Program | Unit Count |
| USDA Section 515 Rural Rental Housing |
Tracked Units by Federal Program in New Bloomfield, Missouri
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in New Bloomfield, Missouri
New Bloomfield features 16 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 New Bloomfield, Missouri
There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in New Bloomfield.
Housing Choice Vouchers in New Bloomfield, Missouri
On average, Section 8 Housing Choice vouchers pay New Bloomfield landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in New Bloomfield.
The maximum amount a voucher would pay on behalf of a low-income tenant in New Bloomfield, Missouri for a two-bedroom apartment is between $843 and $1,031.
Sourced from federal housing data and AffordableHousingOnline.com research.