How many renters live in Larned, Kansas?
The City of Larned has people living in households.
There are renters living in 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 housing units in the Larned area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Larned, Kansas, there are 1.19 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 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 | |
| Section 8 Project-Based Rental Assistance | |
| USDA Section 515 Rural Rental Housing |
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.