Affordable Housing In Redings Mill
Newton County, Missouri

Affordable Housing programs support 0 income based apartments in Redings Mill where households pay rent based on how much they earn.

There are 0 affordable apartments in Redings Mill that offer reduced rents to low-income households.

Waiting Lists in Redings Mill, Missouri

There are no open Section 8 Housing Choice Voucher waiting lists in Redings Mill. Go to the Missouri Section 8 Waiting Lists page for openings near Redings Mill.

Affordable Housing Near Redings Mill

View affordable apartments and waiting lists in cities near Redings Mill

City Apartments
Affordable Housing In Diamond, MO Affordable Housing programs support 1 apartment communities in Diamond.
Affordable Housing In Granby, MO Affordable Housing programs support 1 apartment communities in Granby.
Affordable Housing In Neosho, MO Affordable Housing programs support 9 apartment communities in Neosho.
Affordable Housing In Seneca, MO Affordable Housing programs support 2 apartment communities in Seneca.

Redings Mill, Missouri Affordable Housing Data

Income Based Apartments in Redings Mill, Missouri

Redings Mill features 0 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 Redings Mill, Missouri

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

Housing Choice Vouchers in Redings Mill, Missouri

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Redings Mill, Missouri for a two-bedroom apartment is between $739 and $903.

2023 Redings Mill, 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
Redings Mill, Missouri Fair Market Rent $616 $654 $821 $1,042 $1,157
Redings Mill, Missouri Payment Standard Range $554 to $678 $589 to $719 $739 to $903 $938 to $1,146 $1,041 to $1,273

Sourced from federal housing data and AffordableHousingOnline.com research.

Redings Mill, MO Affordable Housing Snapshot

Total Affordable Apartment Properties 0
Total Low Income Apartments 0
Total Housing Units with Rental Assistance 0
Percentage of Housing Units Occupied By Renters 11.58%
Average Renter Household Size 1.73
Average Household Size 2.07
Median Household Income $39,583 ±$10,664
Median Rent $0 ±$0
Percentage Of Renters Overburdened 45.45% ± 183.25pp
Total Population 197

Population and Household Demographics

Redings Mill is a city in Newton County, Missouri with a population of 197. There are 95 households in the city with an average household size of 2.07 persons. 11.58% of households in Redings Mill are renters.

Income and Rent Overburden in Redings Mill

The median gross income for households in Redings Mill is $39,583 a year, or $3,299 a month. The median rent for the city is $0 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Redings Mill, a household making less than $0 a month would be considered overburdened when renting an apartment at or above the median rent. 45.45% of households who rent are overburdened in Redings Mill.

Area Median Income In Redings Mill

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 Redings Mill, the AMI is calculated from all households within Newton County.

In Redings Mill, HUD calculates the Area Median Income for a family of four as $65,000

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 Redings Mill

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 Redings Mill

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 Redings Mill AMI may qualify for rental assistance programs that target Extremely Low Income households.
$13,650 $18,310 $23,030 $27,750 $32,470 $37,190 $40,300 $42,900
50% AMI Income Limits
Renters earning up to 50% of the Redings Mill AMI may qualify for rental assistance programs that target Very Low Income households.
$22,750 $26,000 $29,250 $32,500 $35,100 $37,700 $40,300 $42,900
80% AMI Income Limits
Renters earning up to 80% of the Redings Mill AMI may qualify for rental assistance programs that target Low Income households.
$36,400 $41,600 $46,800 $52,000 $56,200 $60,350 $64,500 $68,650