Affordable & Income-Based Housing in Cape Girardeau

Affordability in Cape Girardeau, MO

According to Census ACS 5-Year data (as of 2024), the median gross rent in Cape Girardeau is $876 per month and the median household income is $55,658 per year. With 46% of residents renting, demand for income-restricted housing remains a meaningful part of the local market.

Safety

According to FBI Crime Data Explorer, the Cape Girardeau Police Department reported a violent crime rate of 584 per 100,000 residents in 2024. Crime rates are not directly comparable across cities due to differences in reporting practices and local definitions.

Getting Around Cape Girardeau

According to Walk Score, the area around assisted properties in Cape Girardeau scores 78 (Very Walkable), meaning most errands can be accomplished on foot. The Bike Score for the same area is 64, indicating good biking infrastructure.

No Transit Score is available for this area, so residents who rely on public transportation should confirm local bus routes and schedules before committing to a property.

Schools

According to NCES Common Core of Data, 13 schools across 4 districts serve Cape Girardeau, including 6 elementary, 2 middle, 4 high schools, and 1 other. Ratings vary by school and district, so renters should check the assigned schools for a specific address.

Cost of Renting in Cape Girardeau, MO

The median household income in Cape Girardeau is $55,658 per year, according to Census ACS 5-Year estimates. The citywide median rent is $876 per month, also per Census ACS 5-Year data.

HUD-assisted, Section 8, and LIHTC properties in Cape Girardeau offer rent that is capped based on income limits, which can provide significant savings compared to market-rate housing.

• Median household income: $55,658/year (Census ACS 5-Year)
• Median market rent: $876/month (Census ACS 5-Year)
• Renter households: 46% of occupied housing units (Census ACS 5-Year)
• Affordable units tracked on Lease Lantern: 223 units across 7 properties

Environment and Flood Risk

All 7 affordable housing properties in Cape Girardeau have been mapped for flood risk. None are located in a high-risk flood zone, which is a low level of flood exposure for renters to be aware of.