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

Discover affordable housing in Osage County 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.

Linncourt Apartments

150 Linnwood Dr, Linn, Missouri 65051

Freeburg Estates

603 Gilbert Ave, Freeburg, Missouri 0

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Osage County, Missouri
$15.61/hour
$3.31 (+27%) more than Missouri minimum wage and $8.36 (+115%) more than the Federal minimum wage.
Learn More About Osage County, Missouri Affordable Housing ↓

How many renters live in Osage County, Missouri?

The County of Osage County has 13,374 people living in 5,220 households.

There are 1,897 renters living in 878 renter households in this County. Renters make up 14.18 percent of the population living in Osage County.

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

There are an estimated 6,503 housing units in the Osage County area. Of these, 984 units are rental homes, making up 15 percent of the housing market. For every renter household in Osage County, Missouri, there are 1 rental units.

What is the vacancy rate for rentals in Osage County?

The rental vacancy rate in Osage County is 10 percent. This is a higher than average vacancy rate. When rental vacancy rates are high it means that there are a lot of available units and rents tend to be lower.

How many rental units are in Osage County for each bedroom size?

Occupied Rental Units by Size in Osage County
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
30 236 225 318 9
Occupied Rental Units by Size in Osage County

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

Among renter households in this market, 28 percent have housing cost burden. Further, 15 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 Osage County

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $646 to $1,207. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $646
One BR $650
Two BR $824
Three BR $1,161
Four BR $1,207
2024 Fair Market Rents in Osage County, Missouri

How many units are rented at Fair Market Rent (FMR) in Osage 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 24 80 percent
One BR 189 80 percent
Two BR 168 75 percent
Rental Units Below FMR in Osage County, Missouri

How many affordable rental units are in Osage County?

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

Federal Program Unit Count
Low Income Housing Tax Credit 16
Section 811 Supportive Housing for Persons with Disabilities 1
USDA Section 515 Rural Rental Housing 16
Tracked Units by Federal Program in Osage County, Missouri

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

Income Based Apartments in Osage County, Missouri

Osage County 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 Osage County, Missouri

There are 12 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Osage County.

Housing Choice Vouchers in Osage County, Missouri

On average, Section 8 Housing Choice vouchers pay Osage County landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Osage County.

The maximum amount a voucher would pay on behalf of a low-income tenant in Osage County, Missouri for a two-bedroom apartment is between $742 and $906.

Sourced from federal housing data and AffordableHousingOnline.com research.