; Low Income Apartments For Rent in Clark County, MO

Kahoka Crossing

1140 W Main St
Kahoka, Missouri
Subsidized
Rent Assisted
Senior
Supportive
S515
RDRA
Call For Rent
1 BR

Wayland Apartments

State Highway Dd
Revere, Missouri
Rent Assisted
LIHTC
Showing Results 1-15
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There are 8 low-income apartments in Clark County that offer reduced rents to eligible households.

Rental assistance programs support 24 low-income homes in Clark County where households pay rent based on how much they earn. For 2024, elgible households participating in federally assisted housing pay an average of $235 towards rent each month.

Affordable rent data for some communities last confirmed on June 7th, 2024. Subdsidized rents typically change once a year based on federal guidance.

Clark County, Missouri Affordable Housing Data

Income Based Apartments in Clark County, Missouri

Clark County features 24 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 Clark County, Missouri

There are 8 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Clark County.

Housing Choice Vouchers in Clark County, Missouri

On average, Section 8 Housing Choice vouchers pay Clark County landlords $300 per month towards rent. The average voucher holder contributes $200 towards rent in Clark County.

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

2024 Clark County, 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
Clark County, Missouri Fair Market Rent $601 $607 $797 $1,027 $1,217
Clark County, Missouri Payment Standard Range $541 to $661 $546 to $668 $717 to $877 $924 to $1,130 $1,095 to $1,339

Sourced from federal housing data and AffordableHousingOnline.com research.

Clark County, MO Affordable Housing Snapshot

Total Affordable Apartment Properties 2
Total Low Income Apartments 32
Total Housing Units with Rental Assistance 24
Percentage of Housing Units Occupied By Renters 23.58%
Average Renter Household Size 2.11
Average Household Size 2.42
Median Household Income $43,883 ±$3,241
Median Rent $497 ±$56
Percentage Of Renters Overburdened 18.56% ± 6.84pp
Total Population 6,919

Population and Household Demographics

Clark County is a county in Missouri with a population of 6,919. There are 2,833 households in the county with an average household size of 2.42 persons. 23.58% of households in Clark County are renters.

Income and Rent Overburden in Clark County

The median gross income for households in Clark County is $43,883 a year, or $3,657 a month. The median rent for the county is $497 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Clark County, a household making less than $1,657 a month would be considered overburdened when renting an apartment at or above the median rent. 18.56% of households who rent are overburdened in Clark County.

Area Median Income In Clark County

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.

In Clark County, HUD calculates the Area Median Income for a family of four as $71,700

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 Clark County

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 Clark County

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 Clark County AMI may qualify for rental assistance programs that target Extremely Low Income households.
$15,050 $19,720 $24,860 $30,000 $35,140 $40,280 $44,500 $47,350
50% AMI Income Limits
Renters earning up to 50% of the Clark County AMI may qualify for rental assistance programs that target Very Low Income households.
$25,100 $28,700 $32,300 $35,850 $38,750 $41,600 $44,500 $47,350
80% AMI Income Limits
Renters earning up to 80% of the Clark County AMI may qualify for rental assistance programs that target Low Income households.
$40,150 $45,900 $51,650 $57,350 $61,950 $66,550 $71,150 $75,750