Income may not exceed 50% of the median income from the table below. The Housing Authority must provide 75 percent of vouchers to those whose income does not exceed 30% of the median income listed below.
HUD Designated Metro Area: Income Limits
| 2024 | Median Family Income | 2024 Yearly Income Limit | 2024 Yearly Income Limit - Person(s) in Family | ||||
|---|---|---|---|---|---|---|---|
| Income Limits | Category | 1 | 2 | 3 | 4 | 5 | |
| New Madrid County, MO | $63,700 | Very Low Income (50%) | $24,750 | $28,250 | $31,800 | $35,300 | $38,150 |
| Extremely Low Income (30%) | $15,060 | $20,440 | $25,820 | $31,200 | $36,580 | ||
| Low Income (80%) | $39,550 | $45,200 | $50,850 | $56,500 | $61,050 | ||
We have listed all of the housing authorities in New Madrid County. Using the chart above, if you qualify as low income (Very Low Income OR Extremely Low Income), we recommend that you visit your local housing authority. They should be your first stop for housing and rental assistance programs.
1. To get on the waiting list for Public Housing and Housing Choice Voucher (Section 8), visit the links provided below to the closest New Madrid County housing authority to your city in your city.
2. You can also visit the Housing Authority for other low income housing programs with rent assistance.
To be eligible for public housing, households must meet the following requirements:
1. Have an income that is below a certain level.
2. Be a U.S. citizen or a legal permanent resident.
3. Have a demonstrated need for housing assistance.
Public housing tenants pay rent based on their income. The rent is typically set at 30% of the household's monthly income.
If you are interested in learning more about public housing, or if you think you may be eligible, you can contact your local housing authority (lsted above). The Public Housing Authority can provide you with information on the application process and help you determine if you are eligible for public housing assistance.
550 Line Street
New Madrid, MO - 63869
New Madrid County
Phone Number: (573) 748-2417
1 Dillon Street
Morehouse, MO - 63868
New Madrid County
Phone Number: (573) 667-5579
| Apartment Size | HUD's Monthly Fair Market Rent For Area | LIHTC Maximum Rent | |
|---|---|---|---|
| Studio Apartments | $629 | Estimated $188.70 - utility allowance | |
| One Bedroom Apartments | $635 | Estimated $190.50 - utility allowance | |
| Two Bedroom Apartments | $834 | Estimated $250.20 - utility allowance | |
| Three Bedroom Apartments | $1008 | Estimated $302.40 - utility allowance |
Using the table above you can estimate what you would be paying by checking the LIHTC Maximum Rent section.
Contact these properties for openings and wait lists and price lists.
The US Department of Housing and Urban Development provides active listings of Section 8 and Multifamily apartments. We have listed them below for you to contact. Check with them to see if they have current availabilities and/or waiting lists. With Section 8 properties, you will need a voucher. Contact the New Madrid County Public Housing Authorities, listed at the top of this page.
Kewanee, MO
Lilbourn, MO
Marston, MO
Catron, MO
Matthews, MO
Canalou, MO
Our data is collected from the US Department of Housing and Urban Development data along with computations based on their rules on apartments/housing.
You must qualify for the HUD apartments in the area you are searching. Then, you need to apply directly at the location or through the Public Housing Authority.
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