There is one low income housing apartment complex in Raymore, Missouri.Due to the small amount of listings, we searched a 30 mile radius from Raymore, MO. If we located any, we list them below along with the distance from Raymore, MO. Low Income Housing Types: Show
Rental Assistance Programs Looking for government and non-profit programs to assist you with paying for your rent? Low Income/Affordable Housing in Raymore, MO statistics How does income and housing costs in Raymore compare with Missouri income averages.
Income Limits in Raymore, Missouri. Cass County, MO Income Limits Summary*
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minimum beds select combobox - maximum beds select combobox TypeLifestyleLifestyle select combobox Move-In DateBathsAmenitiesAffordabilityKeywordsSquare FeetRatingTravel TimeSet a destination, transportation method, and your ideal commute time to see results. Select transportation methodIdeal commute time Set traffic type Ready to Apply? Good News! This rental is accepting applications through Apartments.com. Act now and your $ purchase will include 9 additional FREE application submissions to participating properties. Or if you already have an account Affordable Housing In Raymore Cass County, Missouri8 Low Income Apartment Communities In RaymoreWalnut Estates412 W Walnut St Raymore, Missouri Subsidized 62+ Accessible Elderly Supportive Housing Guide To Affordable Housing in Raymore, MissouriThere are 8 low income housing apartment communities offering 114 affordable apartments for rent in Raymore, Missouri. Income Based Apartments in Raymore, MissouriRaymore features 34 income based apartments. Tenants of income based apartments typically pay no more than 30% of their income towards rent and utilities. There are 80 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Raymore. Housing Choice Vouchers in Raymore, MissouriOn average, Section 8 Housing Choice vouchers pay Raymore landlords $500 per month towards rent. The average voucher holder contributes $400 towards rent in Raymore. The maximum amount a voucher would pay on behalf of a low-income tenant in Raymore, Missouri for a two-bedroom apartment is between $927 and $1,133. 2022 Raymore, Missouri Fair Market Rents and Housing Choice Voucher Payment StandardsFair 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.
Sourced from federal housing data and AffordableHousingOnline.com research.
Raymore, MO Affordable Housing Snapshot
Population and Household DemographicsRaymore is a city in Cass County, Missouri with a population of 19,813. There are 7,420 households in the city with an average household size of 2.64 persons. 19.46% of households in Raymore are renters. Income and Rent Overburden in RaymoreThe median gross income for households in Raymore is $74,293 a year, or $6,191 a month. The median rent for the city is $1,099 a month. Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Raymore, a household making less than $3,663 a month would be considered overburdened when renting an apartment at or above the median rent. 51.32% of households who rent are overburdened in Raymore. Area Median Income In RaymoreAffordable 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 Raymore, the AMI is calculated from all households within Cass County. In Raymore, HUD calculates the Area Median Income for a family of four as $97,700 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 RaymoreRental 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 Raymore
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