Affordable Housing In Chanute
Neosho County, Kansas

8 Low Income Apartment Communities In Chanute

The Hampton Apartments

521 W 14th Street
Chanute, KS

Safari West Apartments

1500 W Main Street
Chanute, KS
62+
Accessible
Elderly Supportive Housing
Subsidized

Chanute Plaza Apartments

1111 S Plummer Ave
Chanute, KS
HCV Welcome

Prairie Trail

1500 W 14th St
Chanute, KS
Subsidized

Prairie Village

1209 S Plummer Ave
Chanute, KS
Subsidized

Osage Village and General Occupancy

301 W Walnut St
Chanute, KS

Cornerstone Apartments

1520 W 4th St
Chanute, KS
HCV Welcome

Murray Hill Senior Apartments

400 W 3rd St
Chanute, KS
HCV Welcome
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Housing Authorities that serve Chanute

Housing Authority Programs
Chanute Housing Authority Section 8 Housing Choice Voucher (HCV); Public Housing
Southeast Kansas Community Action Program Section 8 Housing Choice Voucher (HCV); Mainstream Voucher

Guide To Affordable Housing in Chanute, Kansas

According to federal housing data and AffordableHousingOnline.com research, there are 8 low income housing apartment communities offering 445 affordable apartments for rent in Chanute, Kansas. Chanute features 299 low income apartments with rental assistance where households typically pay no more than 30% of their income towards rent. Additionally, there are 146 other low income apartments that don't provide direct rental assistance but remain affordable to low income households in Chanute.

Chanute, KS Affordable Housing Snapshot

Total Affordable Apartment Properties 8
Total Low Income Apartments 445
Total Housing Units with Rental Assistance 299
Percentage of Housing Units Occupied By Renters 37.79%
Average Renter Household Size 2.25
Average Household Size 2.40
Median Household Income $39,263 ±$3,571
Median Rent $579 ±$31
Percentage Of Renters Overburdened 40.36% ± 10.73pp
Total Population 9,217

Population and Household Demographics

Chanute is a City in Neosho County, Kansas with a population of 9,217. There are 3,691 households in the city with an average household size of 2.40 persons. 37.79% of households in Chanute are renters.

Income and Rent Overburden in Chanute

The median gross income for households in Chanute is $39,263 a year, or $3,272 a month. The median rent for the city is $579 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Chanute, a household making less than $1,930 a month would be considered overburdened when renting an apartment at or above the median rent. 40.36% of households who rent are overburdened in Chanute.1

Area Median Income In Chanute

Affordable housing program eligibility is always determined by one's income. Each household's income is compared to the incomes of all other households in the area. This is accomplished through a statistic established by the government called the Area Median Income, most often referred to as AMI. The AMI is calculated and published each year by HUD.

HUD often uses an area larger than a city to determine the AMI because HUD anticipates those searching for housing will look beyond individual cities during their housing search. For Chanute, the AMI is calculated from all households within Neosho County.

In Chanute, HUD calculates the Area Median Income for a family of four as $56,800

Most affordable housing programs determine eligibility based on the percent of AMI a given household's income is. Among the programs that determine eligibility based on the AMI are Section 8, HOME, LIHTC, Section 515, 202 and 811.

Rental Assistance in Chanute

Rental assistance is a type of housing subsidy that pays for a portion of a renter’s monthly housing costs, including rent and tenant paid utilities. This housing assistance can come in the form of Section 8 Housing Choice Vouchers, project-based Section 8 contracts, public housing, USDA Rental Assistance (in Section 515 properties) as well as HUD Section 202 and 811 properties for elderly and disabled households.

Income Qualifications for Chanute HUD Rental Assistance in Chanute

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $12,950 $16,910 $21,330 $25,750 $30,170 $34,590 $38,150 $40,600
50% of Median $21,550 $24,600 $27,700 $30,750 $33,250 $35,700 $38,150 $40,600
80% of Median $34,450 $39,400 $44,300 $49,200 $53,150 $57,100 $61,050 $64,950
Low Income Housing Tax Credits in Chanute

The Low-Income Housing Tax Credit (LIHTC) program aims to create affordable rental housing for low and very low income families.

From 2000 to 2010, 2 low income apartment communities containing 97 rental apartments have been constructed and made affordable to low income persons in Chanute by the Low Income Housing Tax Credit Program.

If your income is less than 60% of the Area Median Income (AMI), you should not expect to pay more than the rent value for a unit in the table below. However, Affordable apartment communities that receive funding through the Low Income Housing Tax Credit program may have rental units that are not subject to income and rent limits.

Rent limits for the LIHTC Program are determined so that a household making the maximum income for the expected household size of the unit would only pay 30% of their income for rent.

Income Qualifications for Low Income Housing Tax Credit Apartments in Chanute

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
50% of Median $21,550 $24,600 $27,700 $30,750 $33,250 $35,700 $38,150 $40,600
60% of Median $25,860 $29,520 $33,240 $36,900 $39,900 $42,840 $45,780 $48,720

For example, the expected household size for a two bedroom apartment is 3 people. Using the table above, the maximum income for a 3 person household at 60% of the AMI in Chanute is $33,240 a year, or $2,770 a month. To determine the maximum rent in the table below we multiply the monthly maximum income, $2,770 by 30% to get a maximum rent of $831 a month.

Rent for units in the LIHTC Program include a utility allowance which is determined by the average monthly cost of utilities paid directly by residents. This allowance has not been subtracted from the rents in the table below. These utility allowances are set on a property by property basis.

% of AMI Studio 1 Bed 2 Bed 3 Bed 4 Bed 5 Bed
50% $539 $577 $693 $800 $893 $984
60% $647 $692 $831 $960 $1,071 $1,181
Fair Market Rents in Chanute

Fair Market Rents, often abbreviated as FMR, can be used to better understand the average housing costs of an area. Notably, Fair Market Rents are used to establish the payment standards for the Housing Choice Voucher Program, maximum rents in HOME financed rental projects and initial rents for Section 8 project based assistance.

2020 Fair Market Rents
Studio One BR Two BR Three BR Four BR
$524 $582 $714 $964 $967