Affordable Housing In Osage Beach
Camden County, Missouri

5 Low Income Apartment Communities In Osage Beach

The Summit at Osage

4450 Ski Dr
Osage Beach, Missouri

Osage Beach Apartments

134 Mace Rd
Osage Beach, Missouri

Chandler Bay Apartments

4620 Parkwood Cir
Osage Beach, Missouri

Lake Ozark Village

1150 Mace Rd
Osage Beach, Missouri

Osage Beach Sr. Hsg % Maco Management

1073 Mace Rd
Osage Beach, Missouri
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Section 8 Vouchers, Apartments, and Waiting Lists in Osage Beach, 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.

Households who qualify for these programs may also qualify for Project-Based Section 8, which contributes rental assistance payments directly to private landlords on behalf of low-income tenants. Eligibility for the project-based program is similar to the voucher programs, but waiting list and application policies will vary depending on the landlord.

Public Housing Agencies Serving Osage Beach, Missouri

Housing Authority Programs
Pulaski County Public Housing Authority Section 8 Housing Choice Voucher (HCV)

Guide To Affordable Housing in Osage Beach, Missouri

There are 5 low income housing apartment communities offering 166 affordable apartments for rent in Osage Beach, Missouri.

Income Based Apartments in Osage Beach, Missouri

Osage Beach features 23 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 Osage Beach, Missouri

There are 143 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Osage Beach.

Housing Choice Vouchers in Osage Beach, Missouri

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Osage Beach, Missouri for a two-bedroom apartment is between $679 and $829.

2022 Osage Beach, Missouri Fair Market Rents and Housing Choice Voucher Payment Standards

Fair Market Rents can be used to better understand the average housing costs of an area. Fair Market Rents are used by HUD to establish payment and rent standards for federal rental assistance programs like the Section 8 Housing Choice Voucher Program.

Studio One BR Two BR Three BR Four BR
Osage Beach, Missouri Fair Market Rent $538 $573 $754 $1,035 $1,173
Osage Beach, Missouri Payment Standard Range $484 to $592 $516 to $630 $679 to $829 $932 to $1,139 $1,056 to $1,290

Sourced from federal housing data and AffordableHousingOnline.com research.

Osage Beach, MO Affordable Housing Snapshot

Total Affordable Apartment Properties 5
Total Low Income Apartments 166
Total Housing Units with Rental Assistance 23
Percentage of Housing Units Occupied By Renters 34.45%
Average Renter Household Size 2.22
Average Household Size 2.23
Median Household Income $42,971 ±$10,208
Median Rent $621 ±$66
Percentage Of Renters Overburdened 53.58% ± 19.22pp
Total Population 4,477

Population and Household Demographics

Osage Beach is a city in Camden County, Missouri with a population of 4,477. There are 1,907 households in the city with an average household size of 2.23 persons. 34.45% of households in Osage Beach are renters.

Income and Rent Overburden in Osage Beach

The median gross income for households in Osage Beach is $42,971 a year, or $3,581 a month. The median rent for the city is $621 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Osage Beach, a household making less than $2,070 a month would be considered overburdened when renting an apartment at or above the median rent. 53.58% of households who rent are overburdened in Osage Beach.

Area Median Income In Osage Beach

Affordable housing program eligibility is always determined by one's income. Each household's income is compared to the incomes of all other households in the area. This is accomplished through a statistic established by the government called the Area Median Income, most often referred to as AMI. The AMI is calculated and published each year by HUD.

HUD often uses an area larger than a city to determine the AMI because HUD anticipates those searching for housing will look beyond individual cities during their housing search. For Osage Beach, the AMI is calculated from all households within Camden County.

In Osage Beach, HUD calculates the Area Median Income for a family of four as $66,700

Most affordable housing programs determine eligibility based on the percent of AMI a given household's income is. Among the programs that determine eligibility based on the AMI are Section 8, HOME, LIHTC, Section 515, 202 and 811.

Rental Assistance in Osage Beach

Rental assistance is a type of housing subsidy that pays for a portion of a renter’s monthly housing costs, including rent and tenant paid utilities. This housing assistance can come in the form of Section 8 Housing Choice Vouchers, project-based Section 8 contracts, public housing, USDA Rental Assistance (in Section 515 properties) as well as HUD Section 202 and 811 properties for elderly and disabled households.

Income Qualifications for HUD Rental Assistance in Osage Beach

1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% AMI Income Limits
Renters earning up to 30% of the Osage Beach AMI may qualify for rental assistance programs that target Extremely Low Income households.
$13,900 $17,420 $21,960 $26,500 $31,040 $35,580 $40,120 $43,650
50% AMI Income Limits
Renters earning up to 50% of the Osage Beach AMI may qualify for rental assistance programs that target Very Low Income households.
$23,150 $26,450 $29,750 $33,050 $35,700 $38,350 $41,000 $43,650
80% AMI Income Limits
Renters earning up to 80% of the Osage Beach AMI may qualify for rental assistance programs that target Low Income households.
$37,050 $42,350 $47,650 $52,900 $57,150 $61,400 $65,600 $69,850