About This Property
Lakewood Apts contains 99 low-income units in Columbia, MO, serving families with a mix of one, two, and three-bedroom floor plans. The property has been in service since 2005 and is funded through tax-exempt bonds with 4% LIHTC credits. The unit breakdown includes 36 one-bedroom, 52 two-bedroom, and 12 three-bedroom apartments.
Waitlist Information
Waitlist managed by Housing Authority of the City of Columbia
Preferences include working, elderly (62+), disabled, and honorably discharged veterans. Waiting lists for specific communities or bedroom sizes may be closed. Declining two invitations will purge the application from the waitlist.
The waiting list was last open from October 8-12, 2018. When open, preferences included working families (20+ hours/week for 60 days), elderly (62+), disabled, and honorably discharged veterans. Placement on the waiting list was determined by random lottery after preferences.
Waitlist data provided by section8waitlist.org
Updated June 18, 2026
Property Details
Fair Market Rent - Boone County, MO
FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.
| Bedrooms | FMR |
|---|---|
| Studio/Efficiency | $702 |
| 1 Bedroom | $861 |
| 2 Bedroom | $1,035 |
| 3 Bedroom | $1,386 |
| 4 Bedroom | $1,620 |
Income Limits - Boone County, MO
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $17,150
- Very Low (50%)
- $28,600
- Low (80%)
- $45,750
- Extremely Low (30%)
- $19,600
- Very Low (50%)
- $32,700
- Low (80%)
- $52,300
- Extremely Low (30%)
- $22,050
- Very Low (50%)
- $36,800
- Low (80%)
- $58,850
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $40,850
- Low (80%)
- $65,350
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $44,150
- Low (80%)
- $70,600
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $47,400
- Low (80%)
- $75,850
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $50,700
- Low (80%)
- $81,050
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $53,950
- Low (80%)
- $86,300
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $17,150 | $28,600 | $45,750 |
| 2 Persons | $19,600 | $32,700 | $52,300 |
| 3 Persons | $22,050 | $36,800 | $58,850 |
| 4 Persons | $26,500 | $40,850 | $65,350 |
| 5 Persons | $31,040 | $44,150 | $70,600 |
| 6 Persons | $35,580 | $47,400 | $75,850 |
| 7 Persons | $40,120 | $50,700 | $81,050 |
| 8 Persons | $44,660 | $53,950 | $86,300 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Columbia, MO?+
The Fair Market Rent (FMR) for Boone County, MO is: $702 (Studio), $861 (1BR), $1035 (2BR), $1386 (3BR), $1620 (4BR). Actual rent at subsidized properties like Lakewood Apts is typically 30% of household income or less.
What size apartments are available at Lakewood Apts?+
Lakewood Apts offers the following unit types: 36 One-Bedroom, 52 Two-Bedroom, 12 Three-Bedroom units, for a total of 99 units.
Who is eligible to live at Lakewood Apts?+
Lakewood Apts primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
Who manages Lakewood Apts?+
Lakewood Apts is managed by . You can reach them at . Visit their website for more information.
What is the price range for apartments in Columbia, MO?+
Based on Fair Market Rent for Boone County, the estimated price range is: 1-bedroom: $861, 2-bedroom: $1035, 3-bedroom: $1386. Actual rent at Lakewood Apts may be lower for income-eligible households.
Is there a waitlist for Lakewood Apts?+
Public Housing waitlist is currently Open. Section 8 (HCV) waitlist is currently Closed. Waitlist status can change frequently, so check back regularly or contact the housing authority directly for the most up-to-date information.
How do I apply for housing at Lakewood Apts?+
Lakewood Apts is a Low-Income Housing Tax Credit (LIHTC) property. To apply, you can start by calling , or visiting their website, or contacting the property management office. Contact the property to learn about availability and application requirements. Eligibility is based on income limits set for the area.
What are the income limits for affordable housing in Boone County, MO?+
For a 4-person household in Boone County, MO, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $40,850, Low Income (80% AMI): $65,350. These limits are set by HUD and updated annually.
Contact Information
Walk Score
Somewhat Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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