About This Property
Monroe Estates comprises 74 low-income rental units in Lebanon, Missouri, offering a mix of one-, two-, and three-bedroom floor plans. The property, which has been in service since 2002, contains 46 one-bedroom units, 20 two-bedroom units, and 8 three-bedroom units. Monroe Estates is financed through tax-exempt bonds and receives 4% Low Income Housing Tax Credit funding.
Waitlist Information
Waitlist managed by Lebanon Housing Authority
Accepting pre-applications for families and senior/disabled households in 1 to 4 bedroom units. Applicants must pick up pre-applications in person, then mail or hand-deliver completed forms. Declining two invitations will purge the application from the waitlist.
Waitlist data provided by section8waitlist.org
Updated June 18, 2026
Property Details
HUD Inspection Score
HUD inspects properties on a 0-100 scale. Scores above 60 are considered passing.
Fair Market Rent - Laclede 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 | $601 |
| 1 Bedroom | $607 |
| 2 Bedroom | $797 |
| 3 Bedroom | $1,061 |
| 4 Bedroom | $1,353 |
Income Limits - Laclede County, MO
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $12,880
- Very Low (50%)
- $19,950
- Low (80%)
- $31,850
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $22,800
- Low (80%)
- $36,400
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $25,650
- Low (80%)
- $40,950
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $28,450
- Low (80%)
- $45,500
- Extremely Low (30%)
- $30,750
- Very Low (50%)
- $30,750
- Low (80%)
- $49,150
- Extremely Low (30%)
- $33,050
- Very Low (50%)
- $33,050
- Low (80%)
- $52,800
- Extremely Low (30%)
- $35,300
- Very Low (50%)
- $35,300
- Low (80%)
- $56,450
- Extremely Low (30%)
- $37,600
- Very Low (50%)
- $37,600
- Low (80%)
- $60,100
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $12,880 | $19,950 | $31,850 |
| 2 Persons | $17,420 | $22,800 | $36,400 |
| 3 Persons | $21,960 | $25,650 | $40,950 |
| 4 Persons | $26,500 | $28,450 | $45,500 |
| 5 Persons | $30,750 | $30,750 | $49,150 |
| 6 Persons | $33,050 | $33,050 | $52,800 |
| 7 Persons | $35,300 | $35,300 | $56,450 |
| 8 Persons | $37,600 | $37,600 | $60,100 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Lebanon, MO?+
The Fair Market Rent (FMR) for Laclede County, MO is: $601 (Studio), $607 (1BR), $797 (2BR), $1061 (3BR), $1353 (4BR). Actual rent at subsidized properties like Monroe Estates is typically 30% of household income or less.
What size apartments are available at Monroe Estates?+
Monroe Estates offers the following unit types: 46 One-Bedroom, 20 Two-Bedroom, 8 Three-Bedroom units, for a total of 74 units.
What is the price range for apartments in Lebanon, MO?+
Based on Fair Market Rent for Laclede County, the estimated price range is: 1-bedroom: $607, 2-bedroom: $797, 3-bedroom: $1061. Actual rent at Monroe Estates may be lower for income-eligible households.
How do I apply for housing at Monroe Estates?+
Monroe Estates 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.
Is there a waitlist for Monroe Estates?+
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.
What is the HUD inspection score for Monroe Estates?+
Monroe Estates has a HUD inspection score of 84 out of 100, which is considered good. HUD inspects subsidized housing properties to ensure they meet minimum health and safety standards. Scores of 60 or above are considered passing.
Who manages Monroe Estates?+
Monroe Estates is managed by . You can reach them at . Visit their website for more information.
What are the income limits for affordable housing in Laclede County, MO?+
For a 4-person household in Laclede County, MO, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $28,450, Low Income (80% AMI): $45,500. 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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