; Low Income Apartments For Rent in Queen City, MO

Queen City Hsg Assn

108 N Hirschell St
Queen City, Missouri
Subsidized
Rent Assisted
Senior
Supportive
S515
RDRA
Showing Results 1-15
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There are 0 low-income apartments in Queen City that offer reduced rents to eligible households.

Rental assistance programs support 20 low-income homes in Queen City where households pay rent based on how much they earn. For 2024, elgible households participating in federally assisted housing pay an average of $221 towards rent each month.

Affordable rent data for some communities last confirmed on April 23rd, 2021. Subdsidized rents typically change once a year based on federal guidance.

Queen City, Missouri Affordable Housing Data

Income Based Apartments in Queen City, Missouri

Queen City features 20 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 Queen City, Missouri

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

Housing Choice Vouchers in Queen City, Missouri

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

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

2024 Queen City, 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
Queen City, Missouri Fair Market Rent $540 $607 $797 $964 $1,061
Queen City, Missouri Payment Standard Range $486 to $594 $546 to $668 $717 to $877 $868 to $1,060 $955 to $1,167

Sourced from federal housing data and AffordableHousingOnline.com research.

Queen City, MO Affordable Housing Snapshot

Total Affordable Apartment Properties 1
Total Low Income Apartments 20
Total Housing Units with Rental Assistance 20
Percentage of Housing Units Occupied By Renters 29.06%
Average Renter Household Size 2.34
Average Household Size 2.40
Median Household Income $28,906 ±$9,642
Median Rent $316 ±$66
Percentage Of Renters Overburdened 20.78% ± 22.63pp
Total Population 686

Population and Household Demographics

Queen City is a city in Schuyler County, Missouri with a population of 686. There are 265 households in the city with an average household size of 2.40 persons. 29.06% of households in Queen City are renters.

Income and Rent Overburden in Queen City

The median gross income for households in Queen City is $28,906 a year, or $2,409 a month. The median rent for the city is $316 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Queen City, a household making less than $1,053 a month would be considered overburdened when renting an apartment at or above the median rent. 20.78% of households who rent are overburdened in Queen City.

Area Median Income In Queen City

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 Queen City, the AMI is calculated from all households within Schuyler County.

In Queen City, HUD calculates the Area Median Income for a family of four as $64,400

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 Queen City

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 Queen City

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30% AMI Income Limits
Renters earning up to 30% of the Queen City AMI may qualify for rental assistance programs that target Extremely Low Income households.
$14,580 $19,720 $24,860 $30,000 $35,140 $38,650 $41,300 $44,000
50% AMI Income Limits
Renters earning up to 50% of the Queen City AMI may qualify for rental assistance programs that target Very Low Income households.
$23,350 $26,650 $30,000 $33,300 $36,000 $38,650 $41,300 $44,000
80% AMI Income Limits
Renters earning up to 80% of the Queen City AMI may qualify for rental assistance programs that target Low Income households.
$37,300 $42,600 $47,950 $53,250 $57,550 $61,800 $66,050 $70,300