Affordable Housing In Ritchey
Newton County, Missouri

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

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

Waiting Lists in Ritchey, Missouri

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

Affordable Housing Near Ritchey

View affordable apartments and waiting lists in cities near Ritchey

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.

Ritchey, Missouri Affordable Housing Data

Income Based Apartments in Ritchey, Missouri

Ritchey 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 Ritchey, Missouri

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

Housing Choice Vouchers in Ritchey, Missouri

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

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

2023 Ritchey, 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
Ritchey, Missouri Fair Market Rent $616 $654 $821 $1,042 $1,157
Ritchey, 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 research.

Ritchey, 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 25.93%
Average Renter Household Size 3.57
Average Household Size 2.89
Median Household Income $40,625 ±$25,751
Median Rent $0 ±$0
Percentage Of Renters Overburdened 14.29% ± 274.78pp
Total Population 78

Population and Household Demographics

Ritchey is a city in Newton County, Missouri with a population of 78. There are 27 households in the city with an average household size of 2.89 persons. 25.93% of households in Ritchey are renters.

Income and Rent Overburden in Ritchey

The median gross income for households in Ritchey is $40,625 a year, or $3,385 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 Ritchey, a household making less than $0 a month would be considered overburdened when renting an apartment at or above the median rent. 14.29% of households who rent are overburdened in Ritchey.

Area Median Income In Ritchey

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

In Ritchey, 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 Ritchey

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 Ritchey

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 Ritchey 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 Ritchey 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 Ritchey 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