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

Discover affordable housing in Springfield where there are 66+ 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.

Nu Elm Apartments

440 S New Ave, Springfield, Missouri 65806

Glenwood Manor

2540 North Delaware , Springfield, Missouri 65803

Keystone Family Homes

2336 N. Bolivar Rd., Springfield, Missouri 65803

Battlefield Towers

1451 E Woodland St, Springfield, Missouri 65804

Talia Apartments

2645 W Delmar St, Springfield, Missouri 65802

Beacon Village

3902 W. Helen Street, Springfield, Missouri 65802

James Place

2420 W Grand St, Springfield, Missouri 65802

Catalpa Apartments

2550 W Catalpa St, Springfield, Missouri 65802

Craigmont III

730 S Wabash Ave, Springfield, Missouri 65802

Country Club Village II

1515 South Wildan, Springfield, Missouri 65804

Crown Heights Apartments

606 S Scenic Ave, Springfield, Missouri 65802

Country Club Village I

1515 South Wildan Ave, Springfield, Missouri 65804

The Lancelot

1269 E Guinevere Ct, Springfield, Missouri 65804

Villas at Lark Pointe

1250 East Lark Street, Springfield, Missouri 65804

Jenny Lind Hall

711 S Jefferson Ave, Springfield, Missouri 65806

Stoneridge

3455 E Lombard St, Springfield, Missouri 65809

Craigmont Place

605 S Wabash Ave, Springfield, Missouri 65802

Boonville Lofts

600 N Boonville Ave, Springfield, Missouri 65806

The Frisco

309 S Jefferson Ave, Springfield, Missouri 65806

Fulbright Springs II

3759 N Amelia Ave, Springfield, Missouri 65803

Open Until Further Notice

Reported On February 23rd, 2024 by Nathan Brunet

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Springfield, Missouri
$17.44/hour
$5.14 (+42%) more than Missouri minimum wage and $10.19 (+141%) more than the Federal minimum wage.
Learn More About Springfield, Missouri Affordable Housing ↓

What HUD offices serve Springfield, 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), Public Housing programs for Springfield, Missouri.
Operates the Section 8 Housing Choice Voucher (HCV) programs for Springfield, Missouri.

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

How many renters live in Springfield, Missouri?

The City of Springfield has 170,062 people living in 77,278 households.

There are 92,132 renters living in 45,814 renter households in this City. Renters make up 54.18 percent of the population living in Springfield.

What is the rental market like in Springfield, Missouri?

There are an estimated 83,272 housing units in the Springfield area. Of these, 47,433 units are rental homes, making up 57 percent of the housing market. For every renter household in Springfield, Missouri, there are 1 rental units.

What is the vacancy rate for rentals in Springfield?

The rental vacancy rate in Springfield is 3 percent. This is a lower than average vacancy rate. When rental vacancy rates are low there are fewer available units. Rents tend to be higher as more people compete for scarce housing.

How many rental units are in Springfield for each bedroom size?

Occupied Rental Units by Size in Springfield
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
1,792 9,730 22,022 9,517 2,482
Occupied Rental Units by Size in Springfield

A large number of apartments in Springfield have two or fewer bedrooms. Seniors and young professionals especially may have more success finding an apartment that meets their needs.

How many renter households in Springfield are overburdened by housing costs?

Among renter households in this market, 48 percent have housing cost burden. Further, 22 percent of households are extremely rent overburdened. When renters pay too much for their housing, it leaves little money for other necessities like food, clothes, or medicine.

The federal government says that renters are cost-burdened if they pay more than a third of their monthly income for rent and utilities.

How Much Is Rent in Springfield

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $718 to $1,434. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $718
One BR $723
Two BR $921
Three BR $1,274
Four BR $1,434
2024 Fair Market Rents in Springfield, Missouri

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

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 1,043 58 percent
One BR 4,111 42 percent
Two BR 11,577 53 percent
Rental Units Below FMR in Springfield, Missouri

How many affordable rental units are in Springfield?

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

Federal Program Unit Count
Low Income Housing Tax Credit 2,532
Public Housing 454
Section 8 Project-Based Rental Assistance 788
Section 811 Supportive Housing for Persons with Disabilities 59
Tracked Units by Federal Program in Springfield, Missouri

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

Income Based Apartments in Springfield, Missouri

Springfield features 1,768 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 Springfield, Missouri

There are 2,237 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Springfield.

Housing Choice Vouchers in Springfield, Missouri

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Springfield, Missouri for a two-bedroom apartment is between $829 and $1,013.

Sourced from federal housing data and AffordableHousingOnline.com research.