
About This Property
Olde Oak Tree offers 125 units of affordable housing in Independence, Missouri, with 124 one-bedroom and one three-bedroom units designed to serve elderly residents. The property has been in service since 2005 and receives funding through tax-exempt bonds and 4% Low-Income Housing Tax Credits (LIHTC). All units serve low-income households.
Waitlist Information
Waitlist managed by Housing Authority of the City of Independence
The Public Housing waiting list is currently closed. No information was found regarding an upcoming opening date.
The Housing Choice Voucher (HCV) waiting list is currently closed. No information was found regarding an upcoming opening date.
Waitlist data provided by section8waitlist.org
Updated May 8, 2026
Property Details
Fair Market Rent - Jackson 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 | $985 |
| 1 Bedroom | $1,098 |
| 2 Bedroom | $1,258 |
| 3 Bedroom | $1,645 |
| 4 Bedroom | $1,931 |
Income Limits - Jackson County, MO
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $18,200
- Very Low (50%)
- $30,350
- Low (80%)
- $48,550
- Extremely Low (30%)
- $20,800
- Very Low (50%)
- $34,650
- Low (80%)
- $55,450
- Extremely Low (30%)
- $23,400
- Very Low (50%)
- $39,000
- Low (80%)
- $62,400
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $43,300
- Low (80%)
- $69,300
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $46,800
- Low (80%)
- $74,850
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $50,250
- Low (80%)
- $80,400
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $53,700
- Low (80%)
- $85,950
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $57,200
- Low (80%)
- $91,500
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $18,200 | $30,350 | $48,550 |
| 2 Persons | $20,800 | $34,650 | $55,450 |
| 3 Persons | $23,400 | $39,000 | $62,400 |
| 4 Persons | $26,500 | $43,300 | $69,300 |
| 5 Persons | $31,040 | $46,800 | $74,850 |
| 6 Persons | $35,580 | $50,250 | $80,400 |
| 7 Persons | $40,120 | $53,700 | $85,950 |
| 8 Persons | $44,660 | $57,200 | $91,500 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Independence, MO?+
The Fair Market Rent (FMR) for Jackson County, MO is: $985 (Studio), $1098 (1BR), $1258 (2BR), $1645 (3BR), $1931 (4BR). Actual rent at subsidized properties like Olde Oak Tree is typically 30% of household income or less.
What size apartments are available at Olde Oak Tree?+
Olde Oak Tree offers the following unit types: 124 One-Bedroom, 1 Three-Bedroom units, for a total of 125 units.
What are the income limits for affordable housing in Jackson County, MO?+
For a 4-person household in Jackson County, MO, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $43,300, Low Income (80% AMI): $69,300. These limits are set by HUD and updated annually.
Is there a waitlist for Olde Oak Tree?+
Public Housing waitlist is currently Closed. 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.
Who is eligible to live at Olde Oak Tree?+
Olde Oak Tree primarily serves elderly residents. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
Who manages Olde Oak Tree?+
Olde Oak Tree is managed by . You can reach them at . Visit their website for more information.
How do I apply for housing at Olde Oak Tree?+
Olde Oak Tree 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 Independence, MO?+
Based on Fair Market Rent for Jackson County, the estimated price range is: 1-bedroom: $1098, 3-bedroom: $1645. Actual rent at Olde Oak Tree may be lower for income-eligible households.
Contact Information
Walk Score
Somewhat Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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