Low Income & Subsidized Housing in New Madrid, MO

There are 4 subsidized and income-restricted properties in New Madrid with roughly 191 assisted units — including 1 project-based Section 8 buildings, 1 public housing developments, and 2 LIHTC tax-credit communities, according to HUD administrative data. Reported tenant-paid rents across these buildings range from about $198 to $357 per month. Median reported wait: about 4 months.

4
assisted properties
191
subsidized units
$278
typical rent
4 mo
median wait

Map of subsidized housing in New Madrid

Complete directory of subsidized housing in New Madrid

PropertyUnitsAvg rentReported wait
New Madrid Public Housing 99$357 4 mo
New Madrid Garden Apts LIHTC 40
New Madrid Villa PB Section 8 40$198
Old Oaks Apts LIHTC 12

Section 8 apartments in New Madrid (project-based)

These buildings carry HUD Section 8 contracts attached to the units — apply at each management office rather than through the voucher waitlist. How project-based Section 8 works →

PropertyUnitsAvg rentReported wait
New Madrid Villa PB Section 8 40$198

Public housing developments in New Madrid

Rents here are set at about 30% of household income and managed by the local housing authority. About the public housing program →

PropertyUnitsAvg rentReported wait
New Madrid Public Housing 99$357 4 mo

LIHTC & affordable tax-credit apartments in New Madrid

Tax-credit units rent below market rate for households within income bands (often 30–60% of Area Median Income). Understanding LIHTC →

PropertyUnitsAvg rentReported wait
New Madrid Garden Apts LIHTC 40
Old Oaks Apts LIHTC 12

Voucher rent limits: New Madrid County Fair Market Rents

Housing Choice Voucher payment standards in this area derive from HUD's FY2026 Fair Market Rents for New Madrid County: studio $661, 1-BR $678, 2-BR $890, 3-BR $1,067, 4-BR $1,178.

Full FMR table for New Madrid County →

How to apply for subsidized housing in New Madrid

  1. Apply to buildings directly. Project-based Section 8, public housing, §202/§811 and LIHTC properties run their own waitlists — contact each office using the details on its page.
  2. Join voucher waitlists. Your regional housing authority administers Housing Choice Vouchers; ask about current openings and preferences. Step-by-step application guide →
  3. Document everything. ID, Social Security cards, birth certificates, and income proof speed up both paths.
  4. Stay reachable. Update your address everywhere — missed mail is the top reason applicants lose spots.

Nearby cities with low income housing

Data: HUD Picture of Subsidized Households & LIHTC database (2024 vintage). Figures are administrative averages — confirm current availability with each property.