What HUD offices serve Saint Peters, 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.
Go to the Missouri Public Housing and Low-Income Apartments Waiting Lists page for openings near Saint Peters.
How many renters live in Saint Peters, Missouri?
The City of Saint Peters has people living in households.
There are renters living in renter households in this City. Renters make up 14.2 percent of the population living in Saint Peters.
What is the rental market like in Saint Peters, Missouri?
There are an estimated housing units in the Saint Peters area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Saint Peters, Missouri, there are 1.09 rental units.
What is the vacancy rate for rentals in Saint Peters?
The rental vacancy rate in Saint Peters is 7 percent. This is a higher than average vacancy rate. When rental vacancy rates are high it means that there are a lot of available units and rents tend to be lower.
How many rental units are in Saint Peters for each bedroom size?
Occupied Rental Units by Size in Saint Peters
Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
---|---|---|---|---|
167 | 1,153 | 2,321 | 656 | 216 |
Occupied Rental Units by Size in Saint Peters
A large number of apartments in Saint Peters 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 Saint Peters
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $928 to $1,818. FMRs are updated annually by HUD for every city and county nationwide.
Bed Size | 2024 Fair Market Rents |
Studio | $928 |
One BR | $972 |
Two BR | $1,209 |
Three BR | $1,565 |
Four BR | $1,818 |
2024 Fair Market Rents in Saint Peters, Missouri
How many units are rented at Fair Market Rent (FMR) in Saint Peters?
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 | 316 | 27 percent |
Two BR | 1,245 | 54 percent |
Rental Units Below FMR in Saint Peters, Missouri
How many affordable rental units are in Saint Peters?
There are a variety of federal affordable housing programs serving households in Saint Peters, Missouri including the following:
Federal Program | Unit Count |
Low Income Housing Tax Credit | |
Section 202 Supportive Housing for the Elderly |
Tracked Units by Federal Program in Saint Peters, Missouri
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in Saint Peters, Missouri
Saint Peters features 14 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 Saint Peters, Missouri
There are 398 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Saint Peters.
Housing Choice Vouchers in Saint Peters, Missouri
On average, Section 8 Housing Choice vouchers pay Saint Peters landlords $600 per month towards rent. The average voucher holder contributes $400 towards rent in Saint Peters.
The maximum amount a voucher would pay on behalf of a low-income tenant in Saint Peters, Missouri for a two-bedroom apartment is between $1,088 and $1,330.
Sourced from federal housing data and AffordableHousingOnline.com research.