; Low Income Apartments For Rent in Orrick, MO

Orrick Senior Citizens Housing

403 S. Adams St
Orrick, Missouri
Subsidized
Rent Assisted
Senior
Supportive
S515
RDRA

River Bend Apartments

409 Wells St
Orrick, Missouri
Rent Assisted
LIHTC
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There are 20 low-income apartments in Orrick that offer reduced rents to eligible households.

Rental assistance programs support 16 low-income homes in Orrick where households pay rent based on how much they earn. For 2024, elgible households participating in federally assisted housing pay an average of $-4 towards rent each month.

Affordable rent data for some communities last confirmed on October 30th, 2019. Subdsidized rents typically change once a year based on federal guidance.

Public Housing Agencies Serving Orrick, 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
Ray County Housing Authority Section 8 Housing Choice Voucher (HCV)
Lafayette County Housing Authority Section 8 Housing Choice Voucher (HCV)
Go to the Missouri Public Housing and Low-Income Apartments Waiting Lists page for openings near Orrick.

Orrick, Missouri Affordable Housing Data

Income Based Apartments in Orrick, Missouri

Orrick features 16 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 Orrick, Missouri

There are 20 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Orrick.

Housing Choice Vouchers in Orrick, Missouri

On average, Section 8 Housing Choice vouchers pay Orrick landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Orrick.

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

2024 Orrick, 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
Orrick, Missouri Fair Market Rent $985 $1,098 $1,258 $1,645 $1,931
Orrick, 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.

Orrick, MO Affordable Housing Snapshot

Total Affordable Apartment Properties 2
Total Low Income Apartments 36
Total Housing Units with Rental Assistance 16
Percentage of Housing Units Occupied By Renters 33.33%
Average Renter Household Size 2.28
Average Household Size 2.70
Median Household Income $54,750 ±$12,762
Median Rent $638 ±$181
Percentage Of Renters Overburdened 20.62% ± 15.61pp
Total Population 785

Population and Household Demographics

Orrick is a city in Ray County, Missouri with a population of 785. There are 291 households in the city with an average household size of 2.70 persons. 33.33% of households in Orrick are renters.

Income and Rent Overburden in Orrick

The median gross income for households in Orrick is $54,750 a year, or $4,563 a month. The median rent for the city is $638 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Orrick, a household making less than $2,127 a month would be considered overburdened when renting an apartment at or above the median rent. 20.62% of households who rent are overburdened in Orrick.

Area Median Income In Orrick

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 Orrick, the AMI is calculated from all households within Ray County.

In Orrick, 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 Orrick

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 Orrick

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30% AMI Income Limits
Renters earning up to 30% of the Orrick 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 Orrick 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 Orrick 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