Low Income Apartments and Affordable Housing For Rent in Platte City, MO

Discover affordable housing in Platte City where there are 5+ 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.

Platte Landing Apartments

101 O'Rouke Dr, Platte City, Missouri 64079

switch_access_shortcut Short Wait
payment Subsidized
real_estate_agent Accepts Vouchers

15524 NW 124th St

15524 NW 124th St, Platte City, Missouri 64079

bed 3
payment $1400/mo.

12315 Fox Creek Dr

12315 Fox Creek Dr, Platte City, Missouri 64079

bed 3
payment $1595/mo.

Platte City Prop Lp

115 O'rourke Dr, Platte City, Missouri

switch_access_shortcut Short Wait
payment Subsidized
real_estate_agent Accepts Vouchers

Platte Nonprofit Senior Housing Assn

1100 First Street, Platte City, Missouri

switch_access_shortcut Short Wait
payment Subsidized
real_estate_agent Accepts Vouchers

How To Identify Affordable Housing in Platte City, Missouri

Look for program and preference badges on affordable apartment listings. These badges can help you identify the types of low income housing each apartment offers and if you may be eligbile for rental assistance or reduced rents.

Badge Description
switch_access_shortcut Short Wait
Low income apartments with no or short waiting lists.
payment Subsidized
Low income housing where the rent is subsidized and the renter pays only a portion of total rent.
real_estate_agent Accepts Vouchers
Apartments that accept Section 8 vouchers near you
elderly Senior
Rental housing for seniors who are 55 (or sometimes 62) and older.
payment Income Based
Affordable apartments where the rent paid is based on renter income.
accessibility Accessible
Meets Accessibilty Requirements of the Fair Housing Act, the ADA, or HUD policy.
accessible_forward Disability
Apartments for individuals or families with disabilities.
real_estate_agent Naturally Affordable
Naturally Occuring Affordable Housing - or NOAH - is any housing unit that offers affordable rent without participating in a rent subsidy program.
Open Until Further Notice
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Reported On February 23rd, 2024 by Nathan Brunet

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Platte City, Missouri
$23.83/hour
$11.53 (+94%) more than Missouri minimum wage and $16.58 (+229%) more than the Federal minimum wage.
Learn More About Platte City, Missouri Affordable Housing ↓

What HUD offices serve Platte City, 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 Section 8 Housing Choice Voucher (HCV) programs for Platte City, Missouri.

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

How many renters live in Platte City, Missouri?

The City of Platte City has people living in households.

There are renters living in renter households in this City. Renters make up 42.73 percent of the population living in Platte City.

What is the rental market like in Platte City, Missouri?

There are an estimated housing units in the Platte City area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Platte City, Missouri, there are 1.11 rental units.

What is the vacancy rate for rentals in Platte City?

The rental vacancy rate in Platte City 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 Platte City for each bedroom size?

Occupied Rental Units by Size in Platte City
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
104 175 557 143 3
Occupied Rental Units by Size in Platte City

A large number of apartments in Platte City have two or fewer bedrooms. Seniors and young professionals especially may have more success finding an apartment that meets their needs.

How Much Is Rent in Platte City

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $985 to $1,931. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $985
One BR $1,098
Two BR $1,258
Three BR $1,645
Four BR $1,931
2024 Fair Market Rents in Platte City, Missouri

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

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 104 100 percent
One BR 103 59 percent
Two BR 267 48 percent
Rental Units Below FMR in Platte City, Missouri

How many affordable rental units are in Platte City?

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

Federal Program Unit Count
USDA Section 515 Rural Rental Housing
Tracked Units by Federal Program in Platte City, Missouri

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

Income Based Apartments in Platte City, Missouri

Platte City features 72 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 Platte City, Missouri

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

Housing Choice Vouchers in Platte City, Missouri

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Platte City, Missouri for a two-bedroom apartment is between $1,132 and $1,384.

Sourced from federal housing data and AffordableHousingOnline.com research.

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