About This Property
Lebanon Properties III comprises 24 one-bedroom units designated for low-income residents in Lebanon, Missouri. The property has been in service since 1992 and is located in Laclede County. All 24 units serve the affordable housing market.
Waitlist Information
Waitlist managed by Lebanon Housing Authority
The waiting list is currently open for families and senior/disabled households for 0, 1, 2, 3, and 4-bedroom units; the 5-bedroom list is closed. To apply, pre-applications can be picked up in-person at 1225 Maple Ln., Lebanon, MO 65536, Monday-Thursday from 9:00 am to 4:00 pm CT, and then mailed or hand-delivered. Applicants must provide Social Security Cards, birth certificates, photo IDs for adults, and proof of all income. Declining two invitations to apply will result in the application being purged from the waitlist. Preferences are not known at this time.
The HCV waitlist was previously open from March 6, 2026, to March 21, 2026, for families and senior/disabled households. Non-resident Section 8 applicants must use vouchers within the City of Lebanon, MO, for one year.
Waitlist data provided by section8waitlist.org
Updated May 8, 2026
Property Details
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 Lebanon Properties Iii is typically 30% of household income or less.
What size apartments are available at Lebanon Properties Iii?+
Lebanon Properties Iii offers the following unit types: 24 One-Bedroom units, for a total of 24 units.
How do I apply for housing at Lebanon Properties Iii?+
Lebanon Properties Iii 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 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.
Is there a waitlist for Lebanon Properties Iii?+
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 price range for apartments in Lebanon, MO?+
Based on Fair Market Rent for Laclede County, the estimated price range is: 1-bedroom: $607. Actual rent at Lebanon Properties Iii may be lower for income-eligible households.
Who manages Lebanon Properties Iii?+
Lebanon Properties Iii is managed by . You can reach them at . Visit their website for more information.
Contact Information
Walk Score
Almost All Errands Require a Car
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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