; Low Income Apartments For Rent in Worth County, MO

Sunny Slope Apartments

602 S Lyon St
Grant City, Missouri
Subsidized
Rent Assisted
Senior
Supportive
S515
RDRA
$436
2 BR

Sheridan-Villa

4th and Lincoln Street
Sheridan, Missouri
Subsidized
Rent Assisted
Senior
Supportive
S515
RDRA

Crestwood Apartments

206 W 6th St
Grant City, Missouri
Rent Assisted
Senior
Supportive
S515
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There are 24 low-income apartments in Worth County that offer reduced rents to eligible households.

Rental assistance programs support 28 low-income homes in Worth County 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 April 23rd, 2021. Subdsidized rents typically change once a year based on federal guidance.

Worth County, Missouri Affordable Housing Data

Income Based Apartments in Worth County, Missouri

Worth County features 28 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 Worth County, Missouri

There are 24 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Worth County.

Housing Choice Vouchers in Worth County, Missouri

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Worth County, Missouri for a two-bedroom apartment is between $743 and $908.

2024 Worth County, 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
Worth County, Missouri Fair Market Rent $622 $628 $825 $1,163 $1,259
Worth County, Missouri Payment Standard Range $560 to $684 $565 to $691 $743 to $908 $1,047 to $1,279 $1,133 to $1,385

Sourced from federal housing data and AffordableHousingOnline.com research.

Worth County, MO Affordable Housing Snapshot

Total Affordable Apartment Properties 3
Total Low Income Apartments 52
Total Housing Units with Rental Assistance 28
Percentage of Housing Units Occupied By Renters 25.33%
Average Renter Household Size 2.50
Average Household Size 2.25
Median Household Income $45,952 ±$4,474
Median Rent $406 ±$129
Percentage Of Renters Overburdened 21.05% ± 8.33pp
Total Population 2,082

Population and Household Demographics

Worth County is a county in Missouri with a population of 2,082. There are 900 households in the county with an average household size of 2.25 persons. 25.33% of households in Worth County are renters.

Income and Rent Overburden in Worth County

The median gross income for households in Worth County is $45,952 a year, or $3,829 a month. The median rent for the county is $406 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Worth County, a household making less than $1,353 a month would be considered overburdened when renting an apartment at or above the median rent. 21.05% of households who rent are overburdened in Worth County.

Area Median Income In Worth County

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.

In Worth County, HUD calculates the Area Median Income for a family of four as $63,500

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 Worth County

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 Worth County

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 Worth County AMI may qualify for rental assistance programs that target Extremely Low Income households.
$14,950 $19,720 $24,860 $30,000 $35,140 $40,280 $44,050 $46,900
50% AMI Income Limits
Renters earning up to 50% of the Worth County AMI may qualify for rental assistance programs that target Very Low Income households.
$24,850 $28,400 $31,950 $35,500 $38,350 $41,200 $44,050 $46,900
80% AMI Income Limits
Renters earning up to 80% of the Worth County AMI may qualify for rental assistance programs that target Low Income households.
$39,800 $45,450 $51,150 $56,800 $61,350 $65,900 $70,450 $75,000