Affordable Housing In Sikeston
New Madrid County, Missouri

9 Low Income Apartment Communities In Sikeston

Kathleen Manor Apartments

107 W Kathleen St
Sikeston, Missouri
Call For Rent
1 BR
Subsidized
62+

Sikeston Apartments I

118 N 2nd St
Sikeston, Missouri
Call For Rent
1 BR
62+

Wendell Apartments

101 Cresap St
Sikeston, Missouri
Call For Rent
1 BR
Subsidized
62+
Supportive Housing

Scott Manor Apartments

803 West Gladys Street
Sikeston, Missouri
Call For Rent
1-3 BR
Subsidized

Morehouse

6 Dillon St
Sikeston, Missouri

126 South New Madrid St

126 N New Madrid St
Sikeston, Missouri

Westridge Senior Apartments

316 John R Malone Ave
Sikeston, Missouri

Missouri

Cole St
Sikeston, Missouri

Sikeston

104 Cardinal St
Sikeston, Missouri
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Section 8 Vouchers, Apartments, and Waiting Lists in Sikeston, 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.

Households who qualify for these programs may also qualify for Project-Based Section 8, which contributes rental assistance payments directly to private landlords on behalf of low-income tenants. Eligibility for the project-based program is similar to the voucher programs, but waiting list and application policies will vary depending on the landlord.

Public Housing Agencies Serving Sikeston, Missouri

Housing Authority Programs
Housing Authority of the City of Sikeston Section 8 Housing Choice Voucher (HCV); Public Housing

Guide To Affordable Housing in Sikeston, Missouri

There are 9 low income housing apartment communities offering 521 affordable apartments for rent in Sikeston, Missouri.

Income Based Apartments in Sikeston, Missouri

Sikeston features 485 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 Sikeston, Missouri

There are 36 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Sikeston.

Housing Choice Vouchers in Sikeston, Missouri

On average, Section 8 Housing Choice vouchers pay Sikeston landlords $400 per month towards rent. The average voucher holder contributes $300 towards rent in Sikeston.

The maximum amount a voucher would pay on behalf of a low-income tenant in Sikeston, Missouri for a two-bedroom apartment is between $623 and $761.

2022 Sikeston, 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
Sikeston, Missouri Fair Market Rent $494 $526 $692 $855 $938
Sikeston, Missouri Payment Standard Range $445 to $543 $473 to $579 $623 to $761 $770 to $941 $844 to $1,032

Sourced from federal housing data and AffordableHousingOnline.com research.

Sikeston, MO Affordable Housing Snapshot

Total Affordable Apartment Properties 9
Total Low Income Apartments 521
Total Housing Units with Rental Assistance 485
Percentage of Housing Units Occupied By Renters 40.99%
Average Renter Household Size 2.52
Average Household Size 2.48
Median Household Income $36,789 ±$3,134
Median Rent $586 ±$41
Percentage Of Renters Overburdened 40.16% ± 7.19pp
Total Population 16,436

Population and Household Demographics

Sikeston is a city in New Madrid County, Missouri with a population of 16,436. There are 6,494 households in the city with an average household size of 2.48 persons. 40.99% of households in Sikeston are renters.

Income and Rent Overburden in Sikeston

The median gross income for households in Sikeston is $36,789 a year, or $3,066 a month. The median rent for the city is $586 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Sikeston, a household making less than $1,953 a month would be considered overburdened when renting an apartment at or above the median rent. 40.16% of households who rent are overburdened in Sikeston.

Area Median Income In Sikeston

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 Sikeston, the AMI is calculated from all households within New Madrid County.

In Sikeston, HUD calculates the Area Median Income for a family of four as $52,100

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 Sikeston

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 Sikeston

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 Sikeston AMI may qualify for rental assistance programs that target Extremely Low Income households.
$13,590 $18,310 $23,030 $27,750 $32,470 $36,500 $39,000 $41,550
50% AMI Income Limits
Renters earning up to 50% of the Sikeston AMI may qualify for rental assistance programs that target Very Low Income households.
$22,050 $25,200 $28,350 $31,450 $34,000 $36,500 $39,000 $41,550
80% AMI Income Limits
Renters earning up to 80% of the Sikeston AMI may qualify for rental assistance programs that target Low Income households.
$35,250 $40,250 $45,300 $50,300 $54,350 $58,350 $62,400 $66,400