Affordable Housing In McPherson County

18 Low Income Apartment Communities In McPherson County

Northgate Manor

1442 Garden Ln
Mcpherson, KS

Hickory Heights Apartments

225 S Hickory St
Mcpherson, KS
HCV Welcome

Edinburgh Manor

120 Oak Park Dr Apt 12
Mcpherson, KS
Elderly Supportive Housing

Mound View Residences

NW Koehn Ave. & Spruce Ave.
Moundridge, KS
HCV Welcome

Northridge Crossing

507 E Northview Avenue
Mcpherson, KS
HCV Welcome

Eastview Villa

208 N Walnut St
Inman, KS

Northview Village

1600 N Grimes St
Mcpherson, KS
HCV Welcome

Chestnut Place

1008 S. Chestnut
Mcpherson, KS
HCV Welcome

Chapel Ridge of Mcpherson

1717 N Main St
Mcpherson, KS
HCV Welcome

River Villas of Marquette River View Villa

207 S Washington St
Marquette, KS
HCV Welcome

Other Housing Authorities located in McPherson County

Housing Authority Programs
Moundridge Housing Authority Public Housing
Lindsborg Housing Authority Public Housing

Guide To Affordable Housing in McPherson County, Kansas

According to federal housing data and research, there are 18 low income housing apartment communities offering 523 affordable apartments for rent in McPherson County, Kansas. McPherson County features 231 low income apartments with rental assistance where households typically pay no more than 30% of their income towards rent. Additionally, there are 292 other low income apartments that don't provide direct rental assistance but remain affordable to low income households in McPherson County.

McPherson County, KS Affordable Housing Snapshot

Total Affordable Apartment Properties 18
Total Low Income Apartments 523
Total Housing Units with Rental Assistance 231
Percentage of Housing Units Occupied By Renters 24.02%
Average Renter Household Size 2.03
Average Household Size 2.37
Median Household Income $56,128 ±$2,402
Median Rent $641 ±$48
Percentage Of Renters Overburdened 27.44% ± 5.43pp
Total Population 29,252

Population and Household Demographics

McPherson County is a County in Kansas with a population of 29,252. There are 11,791 households in the county with an average household size of 2.37 persons. 24.02% of households in McPherson County are renters.

Income and Rent Overburden in McPherson County

The median gross income for households in McPherson County is $56,128 a year, or $4,677 a month. The median rent for the county is $641 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In McPherson County, a household making less than $2,137 a month would be considered overburdened when renting an apartment at or above the median rent. 27.44% of households who rent are overburdened in McPherson County.1

Area Median Income In McPherson County

Affordable housing program eligibility is always determined by one's income. Each household's income is compared to the incomes of all other households in the area. This is accomplished through a statistic established by the government called the Area Median Income, most often referred to as AMI. The AMI is calculated and published each year by HUD.

In McPherson County, HUD calculates the Area Median Income for a family of four as $73,500

Most affordable housing programs determine eligibility based on the percent of AMI a given household's income is. Among the programs that determine eligibility based on the AMI are Section 8, HOME, LIHTC, Section 515, 202 and 811.

Rental Assistance in McPherson County

Rental assistance is a type of housing subsidy that pays for a portion of a renter’s monthly housing costs, including rent and tenant paid utilities. This housing assistance can come in the form of Section 8 Housing Choice Vouchers, project-based Section 8 contracts, public housing, USDA Rental Assistance (in Section 515 properties) as well as HUD Section 202 and 811 properties for elderly and disabled households.

Income Qualifications for McPherson County HUD Rental Assistance in McPherson County

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $15,450 $17,650 $21,330 $25,750 $30,170 $34,590 $39,010 $43,430
50% of Median $25,750 $29,400 $33,100 $36,750 $39,700 $42,650 $45,600 $48,550
80% of Median $41,200 $47,050 $52,950 $58,800 $63,550 $68,250 $72,950 $77,650
Low Income Housing Tax Credits in McPherson County

The Low-Income Housing Tax Credit (LIHTC) program aims to create affordable rental housing for low and very low income families.

From 1987 to 2011, 8 low income apartment communities containing 246 rental apartments have been constructed and made affordable to low income persons in McPherson County by the Low Income Housing Tax Credit Program.

If your income is less than 60% of the Area Median Income (AMI), you should not expect to pay more than the rent value for a unit in the table below. However, Affordable apartment communities that receive funding through the Low Income Housing Tax Credit program may have rental units that are not subject to income and rent limits.

Rent limits for the LIHTC Program are determined so that a household making the maximum income for the expected household size of the unit would only pay 30% of their income for rent.

Income Qualifications for Low Income Housing Tax Credit Apartments in McPherson County

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
50% of Median $25,750 $29,400 $33,100 $36,750 $39,700 $42,650 $45,600 $48,550
60% of Median $30,900 $35,280 $39,720 $44,100 $47,640 $51,180 $54,720 $58,260

For example, the expected household size for a two bedroom apartment is 3 people. Using the table above, the maximum income for a 3 person household at 60% of the AMI in McPherson County is $39,720 a year, or $3,310 a month. To determine the maximum rent in the table below we multiply the monthly maximum income, $3,310 by 30% to get a maximum rent of $993 a month.

Rent for units in the LIHTC Program include a utility allowance which is determined by the average monthly cost of utilities paid directly by residents. This allowance has not been subtracted from the rents in the table below. These utility allowances are set on a property by property basis.

% of AMI Studio 1 Bed 2 Bed 3 Bed 4 Bed 5 Bed
50% $644 $689 $828 $956 $1,066 $1,177
60% $773 $827 $993 $1,147 $1,280 $1,412
Fair Market Rents in McPherson County

Fair Market Rents, often abbreviated as FMR, can be used to better understand the average housing costs of an area. Notably, Fair Market Rents are used to establish the payment standards for the Housing Choice Voucher Program, maximum rents in HOME financed rental projects and initial rents for Section 8 project based assistance.

2020 Fair Market Rents
Studio One BR Two BR Three BR Four BR
$571 $591 $778 $998 $1,108

Cities In McPherson County

Select A City to View its Apartment Communities and Waiting Lists.

City Listings Served By
Inman 1
Mcpherson 9
Galva 1
Marquette 1
Lindsborg 2 The HUD funded Public Housing Agency that serves Lindsborg is the Lindsborg Housing Authority.
Moundridge 3
Canton 1
Roxbury 0
Windom 0