How many renters live in Holcomb, Kansas?
The City of Holcomb has 2,395 people living in 726 households.
There are 147 renters living in 69 renter households in this City. Renters make up 6.14 percent of the population living in Holcomb.
What is the rental market like in Holcomb, Kansas?
There are an estimated 778 housing units in the Holcomb area. Of these, 77 units are rental homes, making up 10 percent of the housing market. For every renter household in Holcomb, Kansas, there are 1 rental units.
What is the vacancy rate for rentals in Holcomb?
The rental vacancy rate in Holcomb is 10 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 Holcomb for each bedroom size?
Occupied Rental Units by Size in Holcomb
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 0 | 10 | 28 | 18 | 4 |
Occupied Rental Units by Size in Holcomb
A large number of apartments in Holcomb 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 Holcomb are overburdened by housing costs?
Among renter households in this market, 49 percent have housing cost burden. Further, 17 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 Holcomb
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $737 to $1,629. FMRs are updated annually by HUD for every city and county nationwide.
| Bed Size | 2024 Fair Market Rents |
| Studio | $737 |
| One BR | $782 |
| Two BR | $1,028 |
| Three BR | $1,357 |
| Four BR | $1,629 |
2024 Fair Market Rents in Holcomb, Kansas
How many units are rented at Fair Market Rent (FMR) in Holcomb?
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 | 10 | 100 percent |
| Two BR | 22 | 79 percent |
Rental Units Below FMR in Holcomb, Kansas
How many affordable rental units are in Holcomb?
There are a variety of federal affordable housing programs serving households in Holcomb, Kansas including the following:
| Federal Program | Unit Count |
| USDA Section 515 Rural Rental Housing | 32 |
Tracked Units by Federal Program in Holcomb, Kansas
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in Holcomb, Kansas
Holcomb features 32 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 Holcomb, Kansas
There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Holcomb.
Housing Choice Vouchers in Holcomb, Kansas
On average, Section 8 Housing Choice vouchers pay Holcomb landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Holcomb.
The maximum amount a voucher would pay on behalf of a low-income tenant in Holcomb, Kansas for a two-bedroom apartment is between $925 and $1,131.
Sourced from federal housing data and AffordableHousingOnline.com research.
