Low Income Apartments and Affordable Housing For Rent in Pineville, MO

Discover affordable housing in Pineville 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.

The Summit

214 Clay St, Pineville, Missouri 64856

Pineville Lha

300 Big Sugar Rd, Pineville, Missouri 64856

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Pineville, Missouri
$15.09/hour
$2.79 (+23%) more than Missouri minimum wage and $7.84 (+108%) more than the Federal minimum wage.
Learn More About Pineville, Missouri Affordable Housing ↓

What HUD offices serve Pineville, 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.

Operates the Public Housing programs for Pineville, Missouri.

Go to the Missouri Public Housing and Low-Income Apartments Waiting Lists page for openings near Pineville.

How many renters live in Pineville, Missouri?

The City of Pineville has 895 people living in 358 households.

There are 385 renters living in 193 renter households in this City. Renters make up 43.02 percent of the population living in Pineville.

What is the rental market like in Pineville, Missouri?

There are an estimated 423 housing units in the Pineville area. Of these, 193 units are rental homes, making up 46 percent of the housing market. For every renter household in Pineville, Missouri, there are 1 rental units.

What is the vacancy rate for rentals in Pineville?

The rental vacancy rate in Pineville is 0 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 Pineville for each bedroom size?

Occupied Rental Units by Size in Pineville
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
8 46 47 92 0
Occupied Rental Units by Size in Pineville

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

Among renter households in this market, 59 percent have housing cost burden. Further, 14 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 Pineville

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $631 to $1,353. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $631
One BR $635
Two BR $797
Three BR $1,051
Four BR $1,353
2024 Fair Market Rents in Pineville, Missouri

How many units are rented at Fair Market Rent (FMR) in Pineville?

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 4 50 percent
One BR 45 98 percent
Two BR 29 62 percent
Rental Units Below FMR in Pineville, Missouri

How many affordable rental units are in Pineville?

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

Federal Program Unit Count
Low Income Housing Tax Credit 12
Public Housing 30
USDA Section 515 Rural Rental Housing 12
Tracked Units by Federal Program in Pineville, Missouri

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

Income Based Apartments in Pineville, Missouri

Pineville features 42 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 Pineville, Missouri

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

Housing Choice Vouchers in Pineville, Missouri

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Pineville, Missouri for a two-bedroom apartment is between $717 and $877.

Sourced from federal housing data and AffordableHousingOnline.com research.