Low Income Apartments For Rent in Independence, MO

There are 399 low-income apartments in Independence that offer reduced rents to eligible households. Low-income rents in Independence, Missouri can range from $508 to $840 depending on the number of bedrooms.

Rental assistance programs support 1,255 low-income homes in Independence where households pay rent based on how much they earn. For 2024, elgible households participating in federally assisted housing pay an average of $344 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 Independence, 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
Housing Authority of the City of Independence	Section 8 Housing Choice Voucher (HCV); Public Housing

Go to the Missouri Public Housing and Low-Income Apartments Waiting Lists page for openings near Independence.

Independence, Missouri Affordable Housing Data

Income Based Apartments in Independence, Missouri

Independence features 1,255 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 Independence, Missouri

There are 399 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Independence.

Housing Choice Vouchers in Independence, Missouri

On average, Section 8 Housing Choice vouchers pay Independence landlords $600 per month towards rent. The average voucher holder contributes $300 towards rent in Independence.

The maximum amount a voucher would pay on behalf of a low-income tenant in Independence, Missouri for a two-bedroom apartment is between $1,132 and $1,384.

2024 Independence, 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
Independence, Missouri Fair Market Rent	$985	$1,098	$1,258	$1,645	$1,931
Independence, Missouri Payment Standard Range	$887 to $1,084	$988 to $1,208	$1,132 to $1,384	$1,481 to $1,810	$1,738 to $2,124

Sourced from federal housing data and AffordableHousingOnline.com research.

Independence, MO Affordable Housing Snapshot

Total Affordable Apartment Properties 59

Total Low Income Apartments 1,686

Total Housing Units with Rental Assistance 1,255

Percentage of Housing Units Occupied By Renters 36.56%

Average Renter Household Size 2.26

Average Household Size 2.40

Median Household Income $43,472 ±$1,322

Median Rent $775 ±$13

Percentage Of Renters Overburdened 48.17% ± 3.21pp

Total Population 117,192

Total Affordable Apartment Properties	59
Total Low Income Apartments	1,686
Total Housing Units with Rental Assistance	1,255
Percentage of Housing Units Occupied By Renters	36.56%
Average Renter Household Size	2.26
Average Household Size	2.40
Median Household Income	$43,472 ±$1,322
Median Rent	$775 ±$13
Percentage Of Renters Overburdened	48.17% ± 3.21pp
Total Population	117,192

Population and Household Demographics

Independence is a city in Jackson County, Missouri with a population of 117,192. There are 48,313 households in the city with an average household size of 2.40 persons. 36.56% of households in Independence are renters.

Income and Rent Overburden in Independence

The median gross income for households in Independence is $43,472 a year, or $3,623 a month. The median rent for the city is $775 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Independence, a household making less than $2,583 a month would be considered overburdened when renting an apartment at or above the median rent. 48.17% of households who rent are overburdened in Independence.

Area Median Income In Independence

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 Independence, the AMI is calculated from all households within Jackson County.

In Independence, HUD calculates the Area Median Income for a family of four as $104,600

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 Independence

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 Independence

	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 Independence AMI may qualify for rental assistance programs that target Extremely Low Income households.	$21,550	$24,600	$27,700	$30,750	$35,140	$40,280	$45,420	$50,560
50% AMI Income Limits Renters earning up to 50% of the Independence AMI may qualify for rental assistance programs that target Very Low Income households.	$35,900	$41,000	$46,150	$51,250	$55,350	$59,450	$63,550	$67,650
80% AMI Income Limits Renters earning up to 80% of the Independence AMI may qualify for rental assistance programs that target Low Income households.	$57,400	$65,600	$73,800	$82,000	$88,600	$95,150	$101,700	$108,250