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

Discover affordable housing in Ozark 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.

Westridge Apartments

72 West Ridge Drive, Gainesville, Missouri 65655

Harlin Heights

400 Harlin Heights Dr, Gainesville, Missouri 0

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Ozark County, Missouri
$16.29/hour
$3.99 (+32%) more than Missouri minimum wage and $9.04 (+125%) more than the Federal minimum wage.
Learn More About Ozark County, Missouri Affordable Housing ↓

How many renters live in Ozark County, Missouri?

The County of Ozark County has 8,688 people living in 3,654 households.

There are 1,782 renters living in 759 renter households in this County. Renters make up 20.51 percent of the population living in Ozark County.

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

There are an estimated 5,059 housing units in the Ozark County area. Of these, 817 units are rental homes, making up 16 percent of the housing market. For every renter household in Ozark County, Missouri, there are 1 rental units.

What is the vacancy rate for rentals in Ozark County?

The rental vacancy rate in Ozark County is 5 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 Ozark County for each bedroom size?

Occupied Rental Units by Size in Ozark County
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
2 73 253 242 189
Occupied Rental Units by Size in Ozark County

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

Among renter households in this market, 21 percent have housing cost burden. Further, 10 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 Ozark County

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $648 to $1,145. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $648
One BR $655
Two BR $860
Three BR $1,040
Four BR $1,145
2024 Fair Market Rents in Ozark County, Missouri

How many units are rented at Fair Market Rent (FMR) in Ozark 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 0 100 percent
One BR 66 90 percent
Two BR 143 57 percent
Rental Units Below FMR in Ozark County, Missouri

How many affordable rental units are in Ozark County?

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

Federal Program Unit Count
Low Income Housing Tax Credit 62
Section 8 Project-Based Rental Assistance 60
USDA Section 515 Rural Rental Housing 31
Tracked Units by Federal Program in Ozark County, Missouri

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

Income Based Apartments in Ozark County, Missouri

Ozark County features 63 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 Ozark County, Missouri

There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Ozark County.

Housing Choice Vouchers in Ozark County, Missouri

On average, Section 8 Housing Choice vouchers pay Ozark County landlords $400 per month towards rent. The average voucher holder contributes $200 towards rent in Ozark County.

The maximum amount a voucher would pay on behalf of a low-income tenant in Ozark County, Missouri for a two-bedroom apartment is between $774 and $946.

Sourced from federal housing data and AffordableHousingOnline.com research.