How many renters live in Little River, Kansas?
The City of Little River has 400 people living in 148 households.
There are 71 renters living in 38 renter households in this City. Renters make up 17.75 percent of the population living in Little River.
What is the rental market like in Little River, Kansas?
There are an estimated 181 housing units in the Little River area. Of these, 48 units are rental homes, making up 27 percent of the housing market. For every renter household in Little River, Kansas, there are 1 rental units.
What is the vacancy rate for rentals in Little River?
The rental vacancy rate in Little River is 21 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 Little River for each bedroom size?
Occupied Rental Units by Size in Little River
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 0 | 13 | 6 | 18 | 0 |
Occupied Rental Units by Size in Little River
A large number of apartments in Little River 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 Little River are overburdened by housing costs?
Among renter households in this market, 8 percent have housing cost burden. Further, 3 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 Little River
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 | $730 |
| Two BR | $882 |
| Three BR | $1,243 |
| Four BR | $1,244 |
2024 Fair Market Rents in Little River, Kansas
How many units are rented at Fair Market Rent (FMR) in Little River?
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 | 13 | 100 percent |
| Two BR | 5 | 83 percent |
Rental Units Below FMR in Little River, Kansas
How many affordable rental units are in Little River?
There are a variety of federal affordable housing programs serving households in Little River, Kansas including the following:
| Federal Program | Unit Count |
| Low Income Housing Tax Credit | 4 |
Tracked Units by Federal Program in Little River, Kansas
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in Little River, Kansas
Little River features 0 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 Little River, Kansas
There are 10 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Little River.
Housing Choice Vouchers in Little River, Kansas
On average, Section 8 Housing Choice vouchers pay Little River landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Little River.
The maximum amount a voucher would pay on behalf of a low-income tenant in Little River, Kansas for a two-bedroom apartment is between $794 and $970.
Sourced from federal housing data and AffordableHousingOnline.com research.
