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

Discover affordable housing in Salisbury where there are 4+ 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.

Salisbury Square Apartments

411 West 2nd Street, Salisbury, Missouri 65281

bed 1-2
payment $600-750/mo.

Broadway Square

106 East 3rd Street, Salisbury, Missouri 65281

bed 1-2
payment $550-700/mo.

Sunrise Square Apartments

501 East 6th Street, Salisbury, Missouri 65281

bed 1-2
payment $600-750/mo.

Salisbury Senior Citizen Hsng Auth

409 S. Hutchinson, Salisbury, Missouri

switch_access_shortcut Short Wait
payment Subsidized
real_estate_agent Accepts Vouchers

How To Identify Affordable Housing in Salisbury, 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.
The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Salisbury, 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 Salisbury, Missouri Affordable Housing ↓

What HUD offices serve Salisbury, 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 Salisbury, Missouri.

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

How many renters live in Salisbury, Missouri?

The City of Salisbury has people living in households.

There are renters living in renter households in this City. Renters make up 25.24 percent of the population living in Salisbury.

What is the rental market like in Salisbury, Missouri?

There are an estimated housing units in the Salisbury area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Salisbury, Missouri, there are 1.14 rental units.

What is the vacancy rate for rentals in Salisbury?

The rental vacancy rate in Salisbury is 13 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 Salisbury for each bedroom size?

Occupied Rental Units by Size in Salisbury
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
0 34 50 33 9
Occupied Rental Units by Size in Salisbury

A large number of apartments in Salisbury 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 Salisbury

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $601 to $1,216. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $601
One BR $608
Two BR $797
Three BR $1,054
Four BR $1,216
2024 Fair Market Rents in Salisbury, Missouri

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

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
One BR 32 94 percent
Two BR 41 82 percent
Rental Units Below FMR in Salisbury, Missouri

How many affordable rental units are in Salisbury?

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

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

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

Income Based Apartments in Salisbury, Missouri

Salisbury features 28 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 Salisbury, Missouri

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

Housing Choice Vouchers in Salisbury, Missouri

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

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

Sourced from federal housing data and AffordableHousingOnline.com research.

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