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

Discover affordable housing in Larned where there are 10+ 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.

Pawnee Plaza

1801 Broadway St, Larned, Kansas 67550

Street of Dreams

223 W 17th St, Larned, Kansas 67550

Larned Dream Homes

113 E 20th St, Larned, Kansas 67550

Prairie Villas

1001 W 13th St, Larned, Kansas 67550

MeadowBrooks

2601 Dover Square, Larned, Kansas 67550

Hearthstone

417 W 18th St, Larned, Kansas 67550

Trails West Apt

8th and Morris, Larned, Kansas

Santa Fe Trail Apt

1312 Carroll, Larned, Kansas

Four Seasons Villag

200 West 17th and State, Larned, Kansas

Chdo - Hoi - 1100 W 13th

1100 W 13th, Larned, Kansas 67550

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Larned, Kansas
$16.70/hour
$9.45 (+130%) more than Kansas minimum wage and $9.45 (+130%) more than the Federal minimum wage.
Learn More About Larned, Kansas Affordable Housing ↓

How many renters live in Larned, Kansas?

The City of Larned has 3,167 people living in 1,560 households.

There are 1,228 renters living in 739 renter households in this City. Renters make up 38.77 percent of the population living in Larned.

What is the rental market like in Larned, Kansas?

There are an estimated 1,943 housing units in the Larned area. Of these, 881 units are rental homes, making up 45 percent of the housing market. For every renter household in Larned, Kansas, there are 1 rental units.

What is the vacancy rate for rentals in Larned?

The rental vacancy rate in Larned is 16 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 Larned for each bedroom size?

Occupied Rental Units by Size in Larned
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
11 190 354 113 55
Occupied Rental Units by Size in Larned

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

Among renter households in this market, 41 percent have housing cost burden. Further, 20 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 Larned

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $633 to $1,244. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $633
One BR $671
Two BR $882
Three BR $1,215
Four BR $1,244
2024 Fair Market Rents in Larned, Kansas

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

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 11 100 percent
One BR 147 77 percent
Two BR 208 59 percent
Rental Units Below FMR in Larned, Kansas

How many affordable rental units are in Larned?

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

Federal Program Unit Count
Low Income Housing Tax Credit 52
Section 8 Project-Based Rental Assistance 40
USDA Section 515 Rural Rental Housing 68
Tracked Units by Federal Program in Larned, Kansas

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

Income Based Apartments in Larned, Kansas

Larned features 108 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 Larned, Kansas

There are 52 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Larned.

Housing Choice Vouchers in Larned, Kansas

On average, Section 8 Housing Choice vouchers pay Larned landlords $400 per month towards rent. The average voucher holder contributes $300 towards rent in Larned.

The maximum amount a voucher would pay on behalf of a low-income tenant in Larned, Kansas for a two-bedroom apartment is between $794 and $970.

Sourced from federal housing data and AffordableHousingOnline.com research.