Low Income Apartments and Affordable Housing For Rent in Newton County, MO

Discover affordable housing in Newton County where there are 13+ 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.

The Lane Apartments

303 E Hickory Street, Neosho, Missouri 64850

The Oaks and Summit View

321 Hamilton St, Neosho, Missouri 64850

Lost Creek Manor

2101 Highway K, Seneca, Missouri 64865

Diamond Apartments

309 Charles St, Diamond, Missouri 64840

Indian Hills Apartments

800 Chickesaw St, Seneca, Missouri 64865

Greystone Place

201 N Jefferson St, Neosho, Missouri 64850

The Hamptons of Neosho

3615 Beaumont St, Neosho, Missouri 64850

Neosho Villas

3080 Laramie Ln, Neosho, Missouri 64850

Neosho Meadows

2980 Laramie Ln, Neosho, Missouri 64850

Brook Street Apartments

423 W Brook St, Neosho, Missouri

Twin Oaks Apts

199 Twin Oaks Dr, Granby, Missouri

Crowder Apartments

RR 6, Neosho, Missouri 64850

Stewart Apartments

345 N Wood St, Neosho, Missouri 64850

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Newton County, Missouri
$5.18 (+42%) more than Missouri minimum wage and $10.23 (+141%) more than the Federal minimum wage.
Learn More About Newton County, Missouri Affordable Housing ↓

How many renters live in Newton County, Missouri?

The County of Newton County has 59,019 people living in 21,991 households.

There are 14,401 renters living in 5,649 renter households in this County. Renters make up 24.4 percent of the population living in Newton County.

What is the rental market like in Newton County, Missouri?

There are an estimated 24,636 housing units in the Newton County area. Of these, 5,872 units are rental homes, making up 24 percent of the housing market. For every renter household in Newton County, Missouri, there are 1 rental units.

What is the vacancy rate for rentals in Newton County?

The rental vacancy rate in Newton 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 Newton County for each bedroom size?

Occupied Rental Units by Size in Newton County
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
123 928 2,160 2,003 318
Occupied Rental Units by Size in Newton County

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

Among renter households in this market, 33 percent have housing cost burden. Further, 13 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 Newton County

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $722 to $1,268. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $722
One BR $741
Two BR $923
Three BR $1,177
Four BR $1,268
2024 Fair Market Rents in Newton County, Missouri

How many units are rented at Fair Market Rent (FMR) in Newton 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 106 86 percent
One BR 686 74 percent
Two BR 1,487 69 percent
Rental Units Below FMR in Newton County, Missouri

How many affordable rental units are in Newton County?

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

Federal Program Unit Count
Low Income Housing Tax Credit 318
Public Housing 112
Section 8 Project-Based Rental Assistance 52
Section 811 Supportive Housing for Persons with Disabilities 14
USDA Section 515 Rural Rental Housing 108
Tracked Units by Federal Program in Newton County, Missouri

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

Income Based Apartments in Newton County, Missouri

Newton County features 223 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 Newton County, Missouri

There are 223 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Newton County.

Housing Choice Vouchers in Newton County, Missouri

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Newton County, Missouri for a two-bedroom apartment is between $831 and $1,015.

Sourced from federal housing data and AffordableHousingOnline.com research.