About This Property
Oak Towers comprises 147 low-income units in Columbia, Missouri, serving elderly residents with a mix of 77 studios and 70 one-bedroom apartments. The property was placed in service in 2018 and is supported by 4% LIHTC credit financing. For more information, contact the property management office.
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 Oak Towers is typically 30% of household income or less.
What size apartments are available at Oak Towers?+
Oak Towers offers the following unit types: 77 Studio, 70 One-Bedroom units, for a total of 147 units.
Who manages Oak Towers?+
Oak Towers 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. Actual rent at Oak Towers may be lower for income-eligible households.
Who is eligible to live at Oak Towers?+
Oak Towers primarily serves elderly residents, Handicapped. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
Is there a waitlist for Oak Towers?+
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 Oak Towers?+
Oak Towers 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
Very Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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