Low Income Apartments and Affordable Housing For Rent in Texas County, MO

Discover affordable housing in Texas County where there are 17+ 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.

Prairie Ridge

Old Ridge Rd, Licking, Missouri 65542

Houston Apartments

777 Hwy 17 W, Houston, Missouri 65483

Cabool Apartments l

903 Parkway Ave, Cabool, Missouri 65689

Licking II Apartments

202 Old Ridge Rd, Licking, Missouri 65542

Mountain Grove l Apartments

405 E Clouse St, Mountain Grove, Missouri 65711

Mountain Grove Apartments ll

601 E Clouse St, Mountain Grove, Missouri 65711

Licking I Apartments

201 Friend St, Licking, Missouri 65542

Houston

101 Ozark Ter, Houston, Missouri 65483

Cabool Apartments ll

903 Parkway Dr, Cabool, Missouri 65689

Grandview Terrace Senior Citizen Housing

Grandview Terrace, Cabool, Missouri 65689

Deerlick Apartments

220 Carter St, Licking, Missouri 65542

Pineview Heights

515 Garst St, Cabool, Missouri 65689

Hamrick Terrace Apartments

50 Hamrick Terrace, Houston, Missouri

University Heights

26th St, Cabool, Missouri 0

1 Cedar Bluff Ave

1 Cedar Bluff Ave, Cabool, Missouri 65689

Mc Elldo Complex

312 W 3rd St, Mountain Grove, Missouri 65711

Prairie Ridge II

301 Tiller St, Licking, Missouri 65542

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Texas County, 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 Texas County, Missouri Affordable Housing ↓

How many renters live in Texas County, Missouri?

The County of Texas County has 24,828 people living in 9,335 households.

There are 5,716 renters living in 2,214 renter households in this County. Renters make up 23.02 percent of the population living in Texas County.

What is the rental market like in Texas County, Missouri?

There are an estimated 11,042 housing units in the Texas County area. Of these, 2,324 units are rental homes, making up 21 percent of the housing market. For every renter household in Texas County, Missouri, there are 1 rental units.

What is the vacancy rate for rentals in Texas County?

The rental vacancy rate in Texas County is 4 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 Texas County for each bedroom size?

Occupied Rental Units by Size in Texas County
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
62 383 753 796 175
Occupied Rental Units by Size in Texas County

A large number of apartments in Texas County 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 Texas County are overburdened by housing costs?

Among renter households in this market, 35 percent have housing cost burden. Further, 17 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 Texas County

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $601 to $1,353. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $601
One BR $710
Two BR $797
Three BR $1,054
Four BR $1,353
2024 Fair Market Rents in Texas County, Missouri

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

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 58 94 percent
One BR 310 81 percent
Two BR 508 67 percent
Rental Units Below FMR in Texas County, Missouri

How many affordable rental units are in Texas County?

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

Federal Program Unit Count
Low Income Housing Tax Credit 126
Public Housing 99
Section 8 Project-Based Rental Assistance 119
USDA Section 515 Rural Rental Housing 173
Tracked Units by Federal Program in Texas County, Missouri

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

Income Based Apartments in Texas County, Missouri

Texas County features 512 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 Texas County, Missouri

There are 39 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Texas County.

Housing Choice Vouchers in Texas County, Missouri

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

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

Sourced from federal housing data and AffordableHousingOnline.com research.