Low Income Apartments and Affordable Housing For Rent in Derby, KS

Discover affordable housing in Derby where there are 5+ housing opportunities based on income and household needs like accessible units for seniors or persons with disabilities. Find and apply to these low income apartments now.

Homestead Senior Residences-Derby

2101 Tall Tree Road, Derby, Kansas 67037

Brookridge Plaza

1259 N Buckner St, Derby, Kansas 67037

Springcreek Apartments

1804 E Osage Rd, Derby, Kansas 67037

Hearth Hollow Apartments

200 S Woodlawn Blvd, Derby, Kansas 67037

Lakefront Senior Residences

1701 E Osage Rd, Derby, Kansas 67037

Open Until Further Notice

Reported On February 23rd, 2024 by Nathan Brunet

calendar_today Opened: Jul 22
Open Until Further Notice

Reported On February 23rd, 2024 by Nathan Brunet

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Derby, Kansas
$19.26/hour
$12.01 (+166%) more than Kansas minimum wage and $12.01 (+166%) more than the Federal minimum wage.
Learn More About Derby, Kansas Affordable Housing ↓

What HUD offices serve Derby, Kansas?

Public Housing Agencies operate federally assisted affordable housing programs at local levels on behalf of HUD. Notably, housing agencies are responsible for managing Section 8 Housing Choice Voucher, Public Housing, and Project-Based Voucher waiting lists within their jurisdiction.

Operates the Section 8 Housing Choice Voucher (HCV), Public Housing, Homeownership Voucher, Family Self-Sufficiency, Veteran Affairs Supportive Housing (VASH), Mainstream Voucher programs for Derby, Kansas.
Operates the Section 8 Housing Choice Voucher (HCV) programs for Derby, Kansas.

Go to the Kansas Public Housing and Low-Income Apartments Waiting Lists page for openings near Derby.

How many renters live in Derby, Kansas?

The City of Derby has 25,551 people living in 10,029 households.

There are 6,864 renters living in 3,164 renter households in this City. Renters make up 26.86 percent of the population living in Derby.

What is the rental market like in Derby, Kansas?

There are an estimated 10,449 housing units in the Derby area. Of these, 3,227 units are rental homes, making up 31 percent of the housing market. For every renter household in Derby, Kansas, there are 1 rental units.

What is the vacancy rate for rentals in Derby?

The rental vacancy rate in Derby is 2 percent. This is a lower than average vacancy rate. When rental vacancy rates are low there are fewer available units. Rents tend to be higher as more people compete for scarce housing.

How many rental units are in Derby for each bedroom size?

Occupied Rental Units by Size in Derby
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
113 843 1,204 730 211
Occupied Rental Units by Size in Derby

A large number of apartments in Derby have two or fewer bedrooms. Seniors and young professionals especially may have more success finding an apartment that meets their needs.

How many renter households in Derby are overburdened by housing costs?

Among renter households in this market, 42 percent have housing cost burden. Further, 11 percent of households are extremely rent overburdened. When renters pay too much for their housing, it leaves little money for other necessities like food, clothes, or medicine.

The federal government says that renters are cost-burdened if they pay more than a third of their monthly income for rent and utilities.

How Much Is Rent in Derby

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $689 to $1,639. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $689
One BR $774
Two BR $1,017
Three BR $1,339
Four BR $1,639
2024 Fair Market Rents in Derby, Kansas

How many units are rented at Fair Market Rent (FMR) in Derby?

Renters with a Section 8 Housing Choice Voucher must select a home that is at or below the area’s Fair Market Rent. Markets with a large share of units above FMR tend to have longer search times to find a qualified unit, while those with a large share of units below FMR tend to have more choices and shorter search times. The share below FMR can vary by size of unit, as shown in the table below.

These are the approximate number of units renting below the FMR in this market:

Unit Size Count of Units Below FMR Percentage of Total Units Below FMR
Studio 33 29 percent
One BR 149 18 percent
Two BR 382 32 percent
Rental Units Below FMR in Derby, Kansas

How many affordable rental units are in Derby?

There are a variety of federal affordable housing programs serving households in Derby, Kansas including the following:

Federal Program Unit Count
Low Income Housing Tax Credit 372
Section 8 Project-Based Rental Assistance 46
Section 202 Supportive Housing for the Elderly 39
Tracked Units by Federal Program in Derby, Kansas

Rental units may be funded in part by multiple federal programs.

Income Based Apartments in Derby, Kansas

Derby features 86 income based apartments. Tenants of income based apartments typically pay no more than 30% of their income towards rent and utilities.

Low Rent Apartments in Derby, Kansas

There are 290 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Derby.

Housing Choice Vouchers in Derby, Kansas

On average, Section 8 Housing Choice vouchers pay Derby landlords $500 per month towards rent. The average voucher holder contributes $300 towards rent in Derby.

The maximum amount a voucher would pay on behalf of a low-income tenant in Derby, Kansas for a two-bedroom apartment is between $915 and $1,119.

Sourced from federal housing data and AffordableHousingOnline.com research.