Low Income Apartments and Affordable Housing For Rent in El Dorado, KS

Discover affordable housing in El Dorado where there are 8+ 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.

Heritage House & Gordy Square

211 N Gordy Street, El Dorado, Kansas 67042

Lawndale Senior Residences

1600 N Main Street, El Dorado, Kansas 67042

Silverwood Apartments

2301 Enterprise Ave, El Dorado, Kansas 67042

Quail Ridge Apartments

1305 S High Street, El Dorado, Kansas 67042

Ccl of El Dorado II

722 Wedgewood Dr, El Dorado, Kansas 67042

Ccl of El Dorado I

1237 Ellet St, El Dorado, Kansas 67042

Sandstone Homes I

540 Sunflower Dr, El Dorado, Kansas 67042

Walnut River Residences

925 SE River Rd, El Dorado, Kansas 67042

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 El Dorado, 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 El Dorado, Kansas Affordable Housing ↓

What HUD offices serve El Dorado, 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 El Dorado, Kansas.
Operates the Section 8 Housing Choice Voucher (HCV) programs for El Dorado, Kansas.

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

How many renters live in El Dorado, Kansas?

The City of El Dorado has 12,882 people living in 5,350 households.

There are 4,175 renters living in 2,077 renter households in this City. Renters make up 32.41 percent of the population living in El Dorado.

What is the rental market like in El Dorado, Kansas?

There are an estimated 6,185 housing units in the El Dorado area. Of these, 2,278 units are rental homes, making up 37 percent of the housing market. For every renter household in El Dorado, Kansas, there are 1 rental units.

What is the vacancy rate for rentals in El Dorado?

The rental vacancy rate in El Dorado is 9 percent. This is a higher than average vacancy rate. When rental vacancy rates are high it means that there are a lot of available units and rents tend to be lower.

How many rental units are in El Dorado for each bedroom size?

Occupied Rental Units by Size in El Dorado
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
0 456 895 584 74
Occupied Rental Units by Size in El Dorado

A large number of apartments in El Dorado 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 El Dorado are overburdened by housing costs?

Among renter households in this market, 42 percent have housing cost burden. Further, 24 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 El Dorado

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 El Dorado, Kansas

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

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
One BR 424 93 percent
Two BR 592 66 percent
Rental Units Below FMR in El Dorado, Kansas

How many affordable rental units are in El Dorado?

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

Federal Program Unit Count
Low Income Housing Tax Credit 162
Section 8 Project-Based Rental Assistance 319
Tracked Units by Federal Program in El Dorado, Kansas

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

Income Based Apartments in El Dorado, Kansas

El Dorado features 234 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 El Dorado, Kansas

There are 130 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in El Dorado.

Housing Choice Vouchers in El Dorado, Kansas

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

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

Sourced from federal housing data and AffordableHousingOnline.com research.