; Low Income Apartments For Rent in Columbia, MO

Apply to Columbia Apartment Waiting Lists

Freedom House

107 N William St
Columbia, Missouri
Subsidized
Supportive
S. 811 Supportive

Boone Pointe Affordable Housing

4630 Apple Tree Ln. & 306 St. Joseph St.
Columbia, Missouri
Rent Assisted
LIHTC

Waterbrook Place

413 N Garth Ave
Columbia, Missouri
Subsidized
Supportive
S. 811 Supportive

Gentry Estates I & II

4150 Bethel Street
Columbia, Missouri
Rent Assisted
LIHTC
$562-690
1-2 BR

Sinclair Estates

1985 West Southampton Drive
Columbia, Missouri
Rent Assisted
LIHTC
$645
2 BR

1517-1519 Paris Rd Unit 1519

1517-1519 Paris Rd
Columbia, Missouri
$850
2 BR

1305 N Golf Blvd

1305 N Golf Blvd
Columbia, Missouri
$1,025
4 BR

2933 NORTHLAND Dr

2933 NORTHLAND Dr
COLUMBIA, Missouri
$750
2 BR

2931 Northland Dr

2931 Northland Dr
Columbia, Missouri
$750
2 BR

4200 S Bearfield Rd Unit 12

4200 S Bearfield Rd Unit 12
Columbia, Missouri
$740
1 BR

4505-4507-4507 W Millbrook Dr Unit 4505 Millbrook Dr.

4505-4507-4507 W Millbrook Dr
Columbia, Missouri
$995
3 BR

2812 LEEWAY Dr

2812 LEEWAY Dr
COLUMBIA, Missouri
$825
2 BR

1510 Doris Dr Unit Apt A

1510 Doris Dr
Columbia, Missouri
$900
2 BR

5008-5010-5010 Betty Jean Way Unit 5008 Betty Jean Way

5008-5010-5010 Betty Jean Way
Columbia, Missouri
$1,500
4 BR

1515 Bouchelle Ave Unit 201

1515 Bouchelle Ave
Columbia, Missouri
$700
1 BR
Showing Results 1-15

There are 846 low-income apartments in Columbia that offer reduced rents to eligible households.

Rental assistance programs support 687 low-income homes in Columbia where households pay rent based on how much they earn. For 2024, elgible households participating in federally assisted housing pay an average of $320 towards rent each month.

Affordable rent data for some communities last confirmed on July 2nd, 2024. Subdsidized rents typically change once a year based on federal guidance.

Public Housing Agencies Serving Columbia, 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.

Housing Authority Programs
Columbia Housing Authority Section 8 Housing Choice Voucher (HCV); Public Housing
Boone County Public Housing Agency Section 8 Housing Choice Voucher (HCV)
Go to the Missouri Public Housing and Low-Income Apartments Waiting Lists page for openings near Columbia.

Columbia, Missouri Affordable Housing Data

Income Based Apartments in Columbia, Missouri

Columbia features 687 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 Columbia, Missouri

There are 846 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Columbia.

Housing Choice Vouchers in Columbia, Missouri

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Columbia, Missouri for a two-bedroom apartment is between $932 and $1,139.

2024 Columbia, 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
Columbia, Missouri Fair Market Rent $702 $861 $1,035 $1,386 $1,620
Columbia, Missouri Payment Standard Range $632 to $772 $775 to $947 $932 to $1,139 $1,247 to $1,525 $1,458 to $1,782

Sourced from federal housing data and AffordableHousingOnline.com research.

Columbia, MO Affordable Housing Snapshot

Total Affordable Apartment Properties 155
Total Low Income Apartments 1,662
Total Housing Units with Rental Assistance 687
Percentage of Housing Units Occupied By Renters 52.31%
Average Renter Household Size 2.20
Average Household Size 2.36
Median Household Income $44,907 ±$2,063
Median Rent $799 ±$21
Percentage Of Renters Overburdened 53.12% ± 3.01pp
Total Population 115,391

Population and Household Demographics

Columbia is a city in Boone County, Missouri with a population of 115,391. There are 45,024 households in the city with an average household size of 2.36 persons. 52.31% of households in Columbia are renters.

Income and Rent Overburden in Columbia

The median gross income for households in Columbia is $44,907 a year, or $3,742 a month. The median rent for the city is $799 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Columbia, a household making less than $2,663 a month would be considered overburdened when renting an apartment at or above the median rent. 53.12% of households who rent are overburdened in Columbia.

Area Median Income In Columbia

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.

HUD often uses an area larger than a city to determine the AMI because HUD anticipates those searching for housing will look beyond individual cities during their housing search. For Columbia, the AMI is calculated from all households within Boone County.

In Columbia, HUD calculates the Area Median Income for a family of four as $103,600

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 Columbia

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 Columbia

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 Columbia AMI may qualify for rental assistance programs that target Extremely Low Income households.
$19,600 $22,400 $25,200 $30,000 $35,140 $40,280 $45,420 $50,560
50% AMI Income Limits
Renters earning up to 50% of the Columbia AMI may qualify for rental assistance programs that target Very Low Income households.
$32,650 $37,300 $41,950 $46,600 $50,350 $54,100 $57,800 $61,550
80% AMI Income Limits
Renters earning up to 80% of the Columbia AMI may qualify for rental assistance programs that target Low Income households.
$52,200 $59,650 $67,100 $74,550 $80,550 $86,500 $92,450 $98,450