How many renters live in McPherson County, Kansas?
The County of McPherson County has 30,085 people living in 12,140 households.
There are 5,907 renters living in 3,100 renter households in this County. Renters make up 19.63 percent of the population living in McPherson County.
What is the rental market like in McPherson County, Kansas?
There are an estimated 13,082 housing units in the McPherson County area. Of these, 3,311 units are rental homes, making up 25 percent of the housing market. For every renter household in McPherson County, Kansas, there are 1 rental units.
What is the vacancy rate for rentals in McPherson County?
The rental vacancy rate in McPherson County is 4 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 McPherson County for each bedroom size?
Occupied Rental Units by Size in McPherson County
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 89 | 564 | 1,427 | 807 | 189 |
Occupied Rental Units by Size in McPherson County
A large number of apartments in McPherson County 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 McPherson County are overburdened by housing costs?
Among renter households in this market, 43 percent have housing cost burden. Further, 26 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 McPherson County
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $645 to $1,319. FMRs are updated annually by HUD for every city and county nationwide.
| Bed Size | 2024 Fair Market Rents |
| Studio | $645 |
| One BR | $684 |
| Two BR | $899 |
| Three BR | $1,141 |
| Four BR | $1,319 |
2024 Fair Market Rents in McPherson County, Kansas
How many units are rented at Fair Market Rent (FMR) in McPherson County?
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 | 28 | 31 percent |
| One BR | 274 | 49 percent |
| Two BR | 781 | 55 percent |
Rental Units Below FMR in McPherson County, Kansas
How many affordable rental units are in McPherson County?
There are a variety of federal affordable housing programs serving households in McPherson County, Kansas including the following:
| Federal Program | Unit Count |
| Low Income Housing Tax Credit | 140 |
| Public Housing | 124 |
| Section 8 Project-Based Rental Assistance | 105 |
| USDA Section 515 Rural Rental Housing | 40 |
Tracked Units by Federal Program in McPherson County, Kansas
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in McPherson County, Kansas
McPherson County features 267 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 McPherson County, Kansas
There are 287 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in McPherson County.
Housing Choice Vouchers in McPherson County, Kansas
On average, Section 8 Housing Choice vouchers pay McPherson County landlords $300 per month towards rent. The average voucher holder contributes $300 towards rent in McPherson County.
The maximum amount a voucher would pay on behalf of a low-income tenant in McPherson County, Kansas for a two-bedroom apartment is between $809 and $989.
Sourced from federal housing data and AffordableHousingOnline.com research.
