Affordable Housing In Elwood
Doniphan County, Kansas

3 Low Income Apartment Communities In Elwood

Birch Apartments

505 N 14th St
Elwood, Kansas
Subsidized

Elwood Park Place

1103 Missouri St
Elwood, Kansas
Accepts Vouchers

Elwood Greens Elwood Park Place

Mass And Atlantic; 9th And 13T
Elwood, Kansas
Accepts Vouchers
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Guide To Affordable Housing in Elwood, Kansas

There are 3 low income housing apartment communities offering 67 affordable apartments for rent in Elwood, Kansas.

Income Based Apartments in Elwood, Kansas

Elwood features 17 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 Elwood, Kansas

There are 50 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Elwood.

Housing Choice Vouchers in Elwood, Kansas

On average, Section 8 Housing Choice vouchers pay Elwood landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Elwood.

The maximum amount a voucher would pay on behalf of a low-income tenant in Elwood, Kansas for a two-bedroom apartment is between $717 and $877.

2020 Elwood, Kansas Fair Market Rents and Housing Choice Voucher Payment Standards

Fair Market Rents can be used to better understand the average housing costs of an area. Fair Market Rents are used by HUD to establish payment and rent standards for federal rental assistance programs like the Section 8 Housing Choice Voucher Program.

Studio One BR Two BR Three BR Four BR
Fair Market Rent $555 $610 $797 $1,064 $1,142
Payment Standard Range $500 to $611 $549 to $671 $717 to $877 $958 to $1,170 $1,028 to $1,256

Sourced from federal housing data and AffordableHousingOnline.com research.

Elwood, KS Affordable Housing Snapshot

Total Affordable Apartment Properties 3
Total Low Income Apartments 67
Total Housing Units with Rental Assistance 17
Percentage of Housing Units Occupied By Renters 32.51%
Average Renter Household Size 2.63
Average Household Size 2.30
Median Household Income $35,500 ±$4,790
Median Rent $707 ±$142
Percentage Of Renters Overburdened 43.45% ± 19.96pp
Total Population 1,027

Population and Household Demographics

Elwood is a City in Doniphan County, Kansas with a population of 1,027. There are 446 households in the city with an average household size of 2.30 persons. 32.51% of households in Elwood are renters.

Income and Rent Overburden in Elwood

The median gross income for households in Elwood is $35,500 a year, or $2,958 a month. The median rent for the city is $707 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Elwood, a household making less than $2,357 a month would be considered overburdened when renting an apartment at or above the median rent. 43.45% of households who rent are overburdened in Elwood.1

Area Median Income In Elwood

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 Elwood, the AMI is calculated from all households within Doniphan County.

In Elwood, HUD calculates the Area Median Income for a family of four as $64,300

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 Elwood

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 HUD Rental Assistance in Elwood

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $13,550 $16,910 $21,330 $25,750 $30,170 $34,590 $39,010 $42,450
50% of Median $22,550 $25,750 $28,950 $32,150 $34,750 $37,300 $39,900 $42,450
80% of Median $36,050 $41,200 $46,350 $51,450 $55,600 $59,700 $63,800 $67,950