Frederick Terrace Apartments — Income-Restricted Housing in Arcadia, MO 63621

200 South Main Street #53, Arcadia, MO 63621

USDA ruralSeniors

52 units · 1 BR

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How to apply

  1. Managed by Arcadia Valley Senior Citizens I. USDA does not publish a phone number for this property.
  2. Find contact info on USDA's Multifamily Housing programs page.
  3. These records do not show openings — call to confirm vacancies and waiting lists.

At this building

Opened
1980
Bedrooms
52 1 bedroom
USDA rental assistance
29 units (tenant pays about 30% of income)
Accessible units
2
Managed by
Arcadia Valley Senior Citizens I

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Nearby income-restricted buildings

Rents and income limits in 63621

Fair market rent, 2 bedrooms
$1,090/mo
Income needed to pay it at 30% of income
$43,600/yr
Renters in 63621 paying 30% or more of income on rent
48%

Income limits (2026)

Iron County, MO area · median family income $78,900. Your household's yearly income before taxes must be at or below the limit.

PeopleExtremely low 30%Very low 50%Low 80%
1$16,600$27,650$44,200
2$21,640$31,600$50,500
3$27,320$35,550$56,800
4$33,000$39,450$63,100
5$38,680$42,650$68,150
6$44,360$45,800$73,200
7$48,950$48,950$78,250
8$52,100$52,100$83,300

Section 8 vouchers: up to the 50% limit, and most go to households under 30%. Public housing: up to 80%. Tax-credit apartments: usually up to 60% of median income, between the 50% and 80% columns.

Fair market rents (2027)

HUD's estimate of rent plus utilities for a modest home. Housing authorities set Section 8 voucher limits from it.

Size63621Wider area
Studio$800$709
1 bedroom$970$880
2 bedrooms$1,090$962
3 bedrooms$1,340$1,187
4 bedrooms$1,670$1,479

Wider area = Iron County, MO. Two-bedroom fair market rents in 4 nearby ZIPs range from $960 (63620) to $1,170 (63650).

Census figures for 63621 (2020–2024 average): Median household income $87,825. 14% of homes are rented. 48% of renters pay 30% or more of their income on rent, and 38% pay half or more.

Sources: HUD income limits FY2026; HUD Fair Market Rents FY2027 (Small Area FMR for ZIP figures); U.S. Census Bureau American Community Survey 5-year 2020–2024. Each program and building can set its own limits — confirm with the property.

Estimate your Section 8 rent share

Project-based Section 8 is on the buildings above. A Housing Choice Voucher is different: you apply with the housing authority, then find a landlord who takes it. Your share of rent is based on income — not always 30%. The calculator uses 63621's fair market rent.

Estimate your Section 8 rent share for 63621

Frequently Asked Questions

How do I apply to Frederick Terrace Apartments?

No phone is listed for Frederick Terrace Apartments. Try the city housing office or, for USDA rural properties, USDA's Multifamily Housing search. These records do not show openings.

Is Frederick Terrace Apartments Section 8 housing?

Frederick Terrace Apartments is listed as income-restricted housing in Arcadia, MO 63621 (usda). It is not labeled as project-based Section 8 in this file. Call to ask which programs they run.

How many units are at Frederick Terrace Apartments?

Public records list 52 units at Frederick Terrace Apartments in Arcadia, MO 63621. That is a building size, not a count of open apartments.

Are there other affordable apartments near Frederick Terrace Apartments?

Yes — this page lists other income-restricted buildings in 63621 and nearby ZIP codes. Open a nearby card for the address and phone. Lists still do not show vacancies.

People Also Ask

How do I get into Frederick Terrace Apartments?

Call the number on this page and ask about the waiting list or how to apply at Frederick Terrace Apartments in Arcadia, MO 63621. Public housing is through the housing authority. Bring ID and income documents when they tell you to. This site cannot submit an application for you.

How do I qualify for affordable housing in Arcadia, MO 63621?

Most income-restricted buildings in Arcadia, MO 63621 serve households at or below 50% or 80% of area median income. HUD's 2026 very low-income (50%) limit for a 1-person household is $27,650, and $39,450 for a 4-person household. Public housing can go up to 80% ($44,200 for 1 person). Each building sets its own cap — call to confirm before you apply. Citizenship, household size, and local preferences can also apply.

What is the income limit for low-income housing in Arcadia, MO 63621?

For many programs in Arcadia, MO 63621, the 2026 HUD very low-income (50%) limit is $27,650 a year for 1 person and $39,450 for 4 people. The low-income (80%) limit is $44,200 for 1 person. Tax-credit buildings often use 60% of median income. Confirm with the property — they can be stricter.

How much rent do you pay for low-income housing in Arcadia, MO 63621?

In public housing and most Section 8 in Arcadia, MO 63621, tenants typically pay about 30% of adjusted income. HUD's 2027 fair market rent for a 2-bedroom near Arcadia, MO 63621 is $1,090 a month (rent plus utilities for a modest unit). Tax-credit apartments use set rents below market, not always 30% of income. Call the building for the actual rent; this site is not a vacancy or price list.

Does Frederick Terrace Apartments take Section 8 vouchers?

This file does not say that Frederick Terrace Apartments has a project-based Section 8 contract. Some landlords in Arcadia, MO 63621 accept Housing Choice Vouchers; you have to ask. Apply for a voucher with the housing authority, then call Frederick Terrace Apartments.

Sources: HUD LIHTC database, 2024 (released Apr 2026); USDA Rural Development multifamily, Oct 2026. Not affiliated with HUD or USDA. Details can be out of date — confirm with the property before applying. Report a correction.