About This Property
Rankin Mill Apts comprises 48 low-income rental units in Boonville, Missouri, with a mix of 36 two-bedroom and 12 three-bedroom apartments. The property placed in service in 2001 and utilizes 9% Low-Income Housing Tax Credits (LIHTC) to support affordability.
Waitlist Information
Waitlist managed by Housing Authority of the City of Boonville
The waiting list is currently open for families and senior/disabled households. Applicants are placed by the date and time pre-applications are received; no preferences are specified.
The HCV waiting list is closed for the Mid-Missouri Public Housing Agency, which includes Cooper County where Boonville is located.
Waitlist data provided by section8waitlist.org
Updated April 17, 2026
Property Details
Fair Market Rent - Cooper 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 | $555 |
| 1 Bedroom | $628 |
| 2 Bedroom | $819 |
| 3 Bedroom | $1,042 |
| 4 Bedroom | $1,390 |
Income Limits - Cooper County, MO
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $14,000
- Very Low (50%)
- $23,350
- Low (80%)
- $37,350
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $26,700
- Low (80%)
- $42,700
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $30,050
- Low (80%)
- $48,050
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $33,350
- Low (80%)
- $53,350
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $36,050
- Low (80%)
- $57,650
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $38,700
- Low (80%)
- $61,900
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $41,400
- Low (80%)
- $66,200
- Extremely Low (30%)
- $44,050
- Very Low (50%)
- $44,050
- Low (80%)
- $70,450
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $14,000 | $23,350 | $37,350 |
| 2 Persons | $17,420 | $26,700 | $42,700 |
| 3 Persons | $21,960 | $30,050 | $48,050 |
| 4 Persons | $26,500 | $33,350 | $53,350 |
| 5 Persons | $31,040 | $36,050 | $57,650 |
| 6 Persons | $35,580 | $38,700 | $61,900 |
| 7 Persons | $40,120 | $41,400 | $66,200 |
| 8 Persons | $44,050 | $44,050 | $70,450 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Boonville, MO?+
The Fair Market Rent (FMR) for Cooper County, MO is: $555 (Studio), $628 (1BR), $819 (2BR), $1042 (3BR), $1390 (4BR). Actual rent at subsidized properties like Rankin Mill Apts is typically 30% of household income or less.
What size apartments are available at Rankin Mill Apts?+
Rankin Mill Apts offers the following unit types: 36 Two-Bedroom, 12 Three-Bedroom units, for a total of 48 units.
Who manages Rankin Mill Apts?+
Rankin Mill Apts is managed by . You can reach them at . Visit their website for more information.
Is there a waitlist for Rankin Mill 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 Rankin Mill Apts?+
Rankin Mill 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 is the price range for apartments in Boonville, MO?+
Based on Fair Market Rent for Cooper County, the estimated price range is: 2-bedroom: $819, 3-bedroom: $1042. Actual rent at Rankin Mill Apts may be lower for income-eligible households.
What are the income limits for affordable housing in Cooper County, MO?+
For a 4-person household in Cooper County, MO, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $33,350, Low Income (80% AMI): $53,350. These limits are set by HUD and updated annually.
Contact Information
Walk Score
Almost All Errands Require a Car
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
