Low Income Apartments and Affordable Housing For Rent in Springfield, MO (2024)

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Discover affordable housing in Springfield where there are 66+ housing opportunities based on income and household needs like accessible units for seniors or persons with disabilities. Find and apply to these low income apartments now.

Nu Elm Apartments

440 S New Ave, Springfield, Missouri 65806

bed1-2

Glenwood Manor

2540 North Delaware , Springfield, Missouri 65803

bed1-3

accessibilityAccessible

Talia Apartments

2645 W Delmar St, Springfield, Missouri 65802

bed1-3

Beacon Village

3902 W. Helen Street, Springfield, Missouri 65802

James Place

2420 W Grand St, Springfield, Missouri 65802

bed1-2

Keystone Family Homes

2336 N. Bolivar Rd., Springfield, Missouri 65803

Battlefield Towers

1451 E Woodland St, Springfield, Missouri 65804

Catalpa Apartments

2550 W Catalpa St, Springfield, Missouri 65802

Craigmont III

730 S Wabash Ave, Springfield, Missouri 65802

Country Club Village II

1515 South Wildan, Springfield, Missouri 65804

Crown Heights Apartments

606 S Scenic Ave, Springfield, Missouri 65802

Country Club Village I

1515 South Wildan Ave, Springfield, Missouri 65804

The Lancelot

1269 E Guinevere Ct, Springfield, Missouri 65804

Villas at Lark Pointe

1250 East Lark Street, Springfield, Missouri 65804

bed1-2

Jenny Lind Hall

711 S Jefferson Ave, Springfield, Missouri 65806

bed1

Y Gardens

1255 E. Chestnut Expwy, Springfield, Missouri 65802

bed1

McClernon Villas

1320 E. McClernon St, Springfield, Missouri 65803

bed2

Woodfield Park

2759 East Pythian Street, Springfield, Missouri 65802

bed2-3

Westport Park

250 N Hilton Ave, Springfield, Missouri 65802

bed2-3

The Frisco

309 S Jefferson Ave, Springfield, Missouri 65806

bedStudio-3

How To Identify Affordable Housing in Springfield, Missouri

Look for program and preference badges on affordable apartment listings. These badges can help you identify the types of low income housing each apartment offers and if you may be eligbile for rental assistance or reduced rents.

BadgeDescription

switch_access_shortcutShort Wait

Low income apartments with no or short waiting lists.

paymentSubsidized

Low income housing where the rent is subsidized and the renter pays only a portion of total rent.

real_estate_agentAccepts Vouchers

Apartments that accept Section 8 vouchers near you

elderlySenior

Rental housing for seniors who are 55 (or sometimes 62) and older.

paymentIncome Based

Affordable apartments where the rent paid is based on renter income.

accessibilityAccessible

Meets Accessibilty Requirements of the Fair Housing Act, the ADA, or HUD policy.

accessible_forwardDisability

Apartments for individuals or families with disabilities.
Housing Authority of the City of Springfield Section 8 HCV

Open Until Further Notice

devices

cloud_download

touch_appGet the Application

Reported On March 12th, 2024 byLorena Bentley

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The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment InSpringfield, Missouri

$17.44/hour

$5.14

(+42%) more thanMissouri minimum wage and

$10.19

(+141%) more than the Federal minimum wage.

Learn More About Springfield, Missouri AffordableHousing ↓

What HUD offices serve Springfield, Missouri?

Public Housing Agencies operate federally assisted affordable housing programs atlocal levels on behalf of HUD. Notably, housing agencies are responsible for managing Section 8Housing Choice Voucher, Public Housing, and Project-Based Voucher waiting lists within theirjurisdiction.

Housing Authority of the City of Springfield

Operates the Section 8 Housing Choice Voucher (HCV), Public Housing programs for Springfield, Missouri.

Ozarks Area Community Action Corporation

Operates the Section 8 Housing Choice Voucher (HCV) programs for Springfield, Missouri.

Go to theMissouriPublic Housing and Low-Income Apartments Waiting Lists page for openings near Springfield.

How many renters live in Springfield, Missouri?

The City of Springfield haspeople living in households.

There are renters living inrenter households in thisCity. Renters make up 54.18percent of the population living in Springfield.

What is the rental market like in Springfield, Missouri?

There are an estimated housing units in theSpringfield area. Of these, units are rentalhomes, making up percent of the housing market. Forevery renter household in Springfield, Missouri, there are1.04 rental units.

What is the vacancy rate for rentals in Springfield?

The rental vacancy rate in Springfield is 3 percent.This is alower than averagevacancy rate.When rental vacancy rates are low there are fewer available units. Rents tend to be higher as morepeoplecompete for scarce housing.

How many rental units are in Springfield for each bedroom size?

Occupied Rental Units by Size in Springfield
StudioOne-BedroomTwo-BedroomThree-BedroomFour+ Bedrooms
1,7929,73022,0229,5172,482

Occupied Rental Units by Size in Springfield

A large number of apartments in Springfield have two or fewer bedrooms. Seniors and youngprofessionalsespecially may have more success finding an apartment that meets their needs.

How Much Is Rent in Springfield

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - rangesfrom $718 to $1,434. FMRs areupdated annually by HUD for every city and county nationwide.

Bed Size2024 Fair Market Rents
Studio$718
One BR$723
Two BR$921
Three BR$1,274
Four BR$1,434

2024 Fair Market Rents in Springfield, Missouri

How many units are rented at Fair Market Rent (FMR) in Springfield?

Renters with a Section 8 Housing Choice Voucher must select a home that is at or below the area’s FairMarket Rent. Markets with a large share of units above FMR tend to have longer search times to find aqualified unit, while those with a large share of units below FMR tend to have more choices and shortersearch times. The share below FMR can vary by size of unit, as shown in the table below.

These are the approximate number of units renting below the FMR in this market:

Unit SizeCount of Units Below FMRPercentage of Total Units Below FMR
Studio1,04358 percent
One BR4,11142 percent
Two BR11,57753 percent

Rental Units Below FMR in Springfield, Missouri

How many affordable rental units are in Springfield?

There are a variety of federal affordable housing programs serving households inSpringfield, Missouri including the following:

Federal ProgramUnit Count
Low Income Housing Tax Credit
Public Housing
Section 8 Project-Based Rental Assistance
Section 811 Supportive Housing for Persons with Disabilities
Tracked Units by Federal Program in Springfield, Missouri

Rental units may be funded in part by multiple federal programs.

Income Based Apartments in Springfield, Missouri

Springfield features 1,768 income based apartments.Tenants of income based apartments typically pay no more than 30% of their income towards rent andutilities.

Low Rent Apartments in Springfield, Missouri

There are 2,237 rent subsidized apartments that do notprovide direct rental assistance but remain affordable to low income households in Springfield.

Housing Choice Vouchers in Springfield, Missouri

On average, Section 8 Housing Choice vouchers pay Springfield landlords$400 per month towards rent. The average voucher holdercontributes $300 towards rent inSpringfield.

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

Sourced from federal housing data and AffordableHousingOnline.comresearch.

Affordable Housing Tip

Always check the program's income limit.

Most federal housing programs serve renters earning 80% or less of the Area Median Income (AMI), or less.

What Renters Say About Us

Joana Warren says:

"Affordable Housing Online is a good place to see which Section 8 waiting lists are open."

Low Income Apartments and Affordable Housing For Rent in Springfield, MO (2024)
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