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

Discover affordable housing in Missouri where there are 750+ 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.

Frisco Senior Village

700 S Oakland Ave, Bolivar, Missouri 65613

bed 1-2
payment $328-595/mo.

St Francois Heights

1100 St Joe Dr, Park Hills, Missouri 63601

bed 1-2

Billings Apartments

203 S Cedar St, Billings, Missouri 65610

bed 1-2

Parma Apartments

210 Dawna St, Parma, Missouri 63870

bed 1-3

Autumn View I & II Apartments

921 Floyd St, Kennett, Missouri 63857

bed 1

Scott City Apartments I & II

404 N Lincoln St, Scott City, Missouri 63780

bed 1

Strafford Arms I & II

221 W Pine St, Strafford, Missouri 65757

bed 1-2

Oak Grove Heights Apartments

1855 E Division St, Bolivar, Missouri 65613

bed 1-2

Apple Plaza Apartments

716 N Main St, Plattsburg, Missouri 64477

bed 1-2

Cameron Greens Apartments

1000 N Harris St, Cameron, Missouri 64429

bed 1-2

Centertown Leisure Village

118 Shangri La Ln, Centertown, Missouri 65023

bed 1

Clinton North Apartments

512 Meadowlark Dr, Clinton, Missouri 64735

bed 1

Moritz Place Apartments

1735 Hazel Ave, Carthage, Missouri 64836

bed 1

Riverview Apartments

601 W 3rd St, Caruthersville, Missouri 63830

bed 1

Bell City Apartments

362 Harper Ln, Bell City, Missouri 63735

bed 1

Boehme Hinni Apartments

549 N Silver Springs Rd, Cape Girardeau, Missouri 63701

bed 1

Senath Apartments

100 Highfill St, Senath, Missouri 63876

bed 1-3

Bertrand Estates I Apartments

512 E Cedar St, Bertrand, Missouri 63823

bed 1-2

Buffalo Apartments

102 Johnson Dr, Buffalo, Missouri 65622

bed 1-2

Thayer Apartments

941 Pine St, Thayer, Missouri 65791

bed 1-2

How To Identify Affordable Housing in 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.
The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Missouri
$16.44/hour
$4.14 (+34%) more than Missouri minimum wage and $9.19 (+127%) more than the Federal minimum wage.
Learn More About Missouri Affordable Housing ↓

How many renters live in Missouri?

The State of Missouri has people living in households.

There are renters living in renter households in this State. Renters make up 19.33 percent of the population living in Missouri.

What is the rental market like in Missouri?

There are an estimated housing units in the Missouri area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Missouri, there are 1.08 rental units.

What is the vacancy rate for rentals in Missouri?

The rental vacancy rate in Missouri is 8 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 Missouri for each bedroom size?

Occupied Rental Units by Size in Missouri
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
33 394 1,370 923 212
Occupied Rental Units by Size in Missouri

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

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

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 17 52 percent
One BR 201 51 percent
Two BR 808 59 percent
Rental Units Below FMR in Missouri

How many affordable rental units are in Missouri?

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

Federal Program Unit Count
Low Income Housing Tax Credit
Section 8 Project-Based Rental Assistance
USDA Section 515 Rural Rental Housing
Tracked Units by Federal Program in Missouri

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

Income Based Apartments in Missouri

Missouri features 57,393 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 Missouri

There are 44,090 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Missouri.

Housing Choice Vouchers in Missouri

On average, Section 8 Housing Choice vouchers pay Missouri landlords $500 per month towards rent. The average voucher holder contributes $300 towards rent in Missouri.

The maximum amount a voucher would pay on behalf of a low-income tenant in Missouri for a two-bedroom apartment is between $781 and $955.

Sourced from federal housing data and AffordableHousingOnline.com research.