What HUD offices serve Columbia, 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.
Go to the Missouri Public Housing and Low-Income Apartments Waiting Lists page for openings near Columbia.
How many renters live in Columbia, Missouri?
The City of Columbia has people living in households.
There are renters living in renter households in this City. Renters make up 43.5 percent of the population living in Columbia.
What is the rental market like in Columbia, Missouri?
There are an estimated housing units in the Columbia area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Columbia, Missouri, there are 1.03 rental units.
What is the vacancy rate for rentals in Columbia?
The rental vacancy rate in Columbia is 7 percent. This is a higher than average vacancy rate. When rental vacancy rates are high it means that there are a lot of available units and rents tend to be lower.
How many rental units are in Columbia for each bedroom size?
Occupied Rental Units by Size in Columbia
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms 1,080 4,161 11,255 5,921 3,291 Occupied Rental Units by Size in Columbia
A large number of apartments in Columbia have two or fewer bedrooms. Seniors and young professionals especially may have more success finding an apartment that meets their needs.
How Much Is Rent in Columbia
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $702 to $1,620. FMRs are updated annually by HUD for every city and county nationwide.
Bed Size 2024 Fair Market Rents Studio $702 One BR $861 Two BR $1,035 Three BR $1,386 Four BR $1,620 2024 Fair Market Rents in Columbia, Missouri
How many units are rented at Fair Market Rent (FMR) in Columbia?
Renters with a Section 8 Housing Choice Voucher must select a home that is at or below the area’s Fair Market Rent. Markets with a large share of units above FMR tend to have longer search times to find a qualified unit, while those with a large share of units below FMR tend to have more choices and shorter search 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 Size Count of Units Below FMR Percentage of Total Units Below FMR Studio 554 51 percent One BR 2,176 52 percent Two BR 7,171 64 percent Rental Units Below FMR in Columbia, Missouri
How many affordable rental units are in Columbia?
There are a variety of federal affordable housing programs serving households in
Columbia, Missouri including the following: Rental units may be funded in part by multiple federal programs.Federal Program Unit 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 Columbia, Missouri
Income Based Apartments in Columbia, Missouri
Columbia features 687 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 Columbia, Missouri
There are 846 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Columbia.
Housing Choice Vouchers in Columbia, Missouri
On average, Section 8 Housing Choice vouchers pay Columbia landlords $500 per month towards rent. The average voucher holder contributes $300 towards rent in Columbia.
The maximum amount a voucher would pay on behalf of a low-income tenant in Columbia, Missouri for a two-bedroom apartment is between $932 and $1,139.
Sourced from federal housing data and AffordableHousingOnline.com research.
