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

Discover affordable housing in Leoti where there are 1+ 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.

Parkview Apartments

600 S 6th St, Leoti, Kansas 67861

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Leoti, 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 Leoti, Kansas Affordable Housing ↓

How many renters live in Leoti, Kansas?

The City of Leoti has 1,536 people living in 647 households.

There are 243 renters living in 107 renter households in this City. Renters make up 15.82 percent of the population living in Leoti.

What is the rental market like in Leoti, Kansas?

There are an estimated 731 housing units in the Leoti area. Of these, 122 units are rental homes, making up 17 percent of the housing market. For every renter household in Leoti, Kansas, there are 1 rental units.

What is the vacancy rate for rentals in Leoti?

The rental vacancy rate in Leoti is 0 percent. This is a lower than average vacancy rate. When rental vacancy rates are low there are fewer available units. Rents tend to be higher as more people compete for scarce housing.

How many rental units are in Leoti for each bedroom size?

Occupied Rental Units by Size in Leoti
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
0 26 70 4 6
Occupied Rental Units by Size in Leoti

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

Among renter households in this market, 50 percent have housing cost burden. Further, 11 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 Leoti

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 $786
Two BR $882
Three BR $1,243
Four BR $1,244
2024 Fair Market Rents in Leoti, Kansas

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

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 24 92 percent
Two BR 58 83 percent
Rental Units Below FMR in Leoti, Kansas

How many affordable rental units are in Leoti?

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

Federal Program Unit Count
USDA Section 515 Rural Rental Housing 24
Tracked Units by Federal Program in Leoti, Kansas

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

Income Based Apartments in Leoti, Kansas

Leoti features 24 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 Leoti, Kansas

There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Leoti.

Housing Choice Vouchers in Leoti, Kansas

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

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

Sourced from federal housing data and AffordableHousingOnline.com research.