; Low Income Apartments For Rent in Sparta, MO

Sparta Senior Citizens Housing

436 Division St
Sparta, Missouri
Subsidized
Rent Assisted
Senior
Supportive
S515
RDRA
Showing Results 1-15
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There are 0 low-income apartments in Sparta that offer reduced rents to eligible households.

Rental assistance programs support 20 low-income homes in Sparta 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 Sparta, 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
Ozarks Area Community Action Corporation Section 8 Housing Choice Voucher (HCV)
Go to the Missouri Public Housing and Low-Income Apartments Waiting Lists page for openings near Sparta.

Sparta, Missouri Affordable Housing Data

Income Based Apartments in Sparta, Missouri

Sparta 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 Sparta, Missouri

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

Housing Choice Vouchers in Sparta, Missouri

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Sparta, Missouri for a two-bedroom apartment is between $829 and $1,013.

2024 Sparta, 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
Sparta, Missouri Fair Market Rent $718 $723 $921 $1,274 $1,434
Sparta, Missouri Payment Standard Range $646 to $790 $651 to $795 $829 to $1,013 $1,147 to $1,401 $1,291 to $1,577

Sourced from federal housing data and AffordableHousingOnline.com research.

Sparta, 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 40.85%
Average Renter Household Size 2.60
Average Household Size 2.59
Median Household Income $37,107 ±$4,278
Median Rent $676 ±$73
Percentage Of Renters Overburdened 46.73% ± 10.36pp
Total Population 1,943

Population and Household Demographics

Sparta is a city in Christian County, Missouri with a population of 1,943. There are 749 households in the city with an average household size of 2.59 persons. 40.85% of households in Sparta are renters.

Income and Rent Overburden in Sparta

The median gross income for households in Sparta is $37,107 a year, or $3,092 a month. The median rent for the city is $676 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Sparta, a household making less than $2,253 a month would be considered overburdened when renting an apartment at or above the median rent. 46.73% of households who rent are overburdened in Sparta.

Area Median Income In Sparta

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 Sparta, the AMI is calculated from all households within Christian County.

In Sparta, HUD calculates the Area Median Income for a family of four as $85,100

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 Sparta

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 Sparta

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30% AMI Income Limits
Renters earning up to 30% of the Sparta AMI may qualify for rental assistance programs that target Extremely Low Income households.
$15,850 $19,720 $24,860 $30,000 $35,140 $40,280 $45,420 $49,700
50% AMI Income Limits
Renters earning up to 50% of the Sparta AMI may qualify for rental assistance programs that target Very Low Income households.
$26,400 $30,150 $33,900 $37,650 $40,700 $43,700 $46,700 $49,700
80% AMI Income Limits
Renters earning up to 80% of the Sparta AMI may qualify for rental assistance programs that target Low Income households.
$42,200 $48,200 $54,250 $60,250 $65,100 $69,900 $74,750 $79,550