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

Discover affordable housing in Wright County 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.

Mansfield

100 E Maple St, Mansfield, Missouri 65704

Midtown Homes

100 Oak Ave, Mansfield, Missouri 65704

Mansfield Dba Northview Homes

230 E Miller Rd, Mansfield, Missouri 65704

1 Bradwood Villa

1 Bradwood Villa, Norwood, Missouri 65717

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

How many renters live in Wright County, Missouri?

The County of Wright County has 18,475 people living in 6,825 households.

There are 3,848 renters living in 1,541 renter households in this County. Renters make up 20.83 percent of the population living in Wright County.

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

There are an estimated 8,374 housing units in the Wright County area. Of these, 1,782 units are rental homes, making up 21 percent of the housing market. For every renter household in Wright County, Missouri, there are 1 rental units.

What is the vacancy rate for rentals in Wright County?

The rental vacancy rate in Wright County is 10 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 Wright County for each bedroom size?

Occupied Rental Units by Size in Wright County
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
5 287 447 671 111
Occupied Rental Units by Size in Wright County

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

Among renter households in this market, 36 percent have housing cost burden. Further, 11 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 Wright County

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $601 to $1,210. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $601
One BR $607
Two BR $797
Three BR $1,120
Four BR $1,210
2024 Fair Market Rents in Wright County, Missouri

How many units are rented at Fair Market Rent (FMR) in Wright 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 5 100 percent
One BR 252 88 percent
Two BR 247 55 percent
Rental Units Below FMR in Wright County, Missouri

How many affordable rental units are in Wright County?

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

Federal Program Unit Count
Low Income Housing Tax Credit 70
Public Housing 236
Section 8 Project-Based Rental Assistance 64
USDA Section 515 Rural Rental Housing 50
Tracked Units by Federal Program in Wright County, Missouri

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

Income Based Apartments in Wright County, Missouri

Wright County features 127 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 Wright County, Missouri

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

Housing Choice Vouchers in Wright County, Missouri

On average, Section 8 Housing Choice vouchers pay Wright County landlords $400 per month towards rent. The average voucher holder contributes $200 towards rent in Wright County.

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

Sourced from federal housing data and AffordableHousingOnline.com research.