Low Income Apartments and Affordable Housing For Rent in Mound City, KS

Discover affordable housing in Mound City 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.

Mound City Rrh Inc

500 Walnut, Mound City, Kansas

Open Until Further Notice

Reported On February 23rd, 2024 by Nathan Brunet

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Mound City, Kansas
$23.83/hour
$16.58 (+229%) more than Kansas minimum wage and $16.58 (+229%) more than the Federal minimum wage.
Learn More About Mound City, Kansas Affordable Housing ↓

What HUD offices serve Mound City, Kansas?

Public Housing Agencies operate federally assisted affordable housing programs at local levels on behalf of HUD. Notably, housing agencies are responsible for managing Section 8 Housing Choice Voucher, Public Housing, and Project-Based Voucher waiting lists within their jurisdiction.

Operates the Section 8 Housing Choice Voucher (HCV), Mainstream Voucher programs for Mound City, Kansas.

Go to the Kansas Public Housing and Low-Income Apartments Waiting Lists page for openings near Mound City.

How many renters live in Mound City, Kansas?

The City of Mound City has 729 people living in 348 households.

There are 195 renters living in 113 renter households in this City. Renters make up 26.75 percent of the population living in Mound City.

What is the rental market like in Mound City, Kansas?

There are an estimated 408 housing units in the Mound City area. Of these, 129 units are rental homes, making up 32 percent of the housing market. For every renter household in Mound City, Kansas, there are 1 rental units.

What is the vacancy rate for rentals in Mound City?

The rental vacancy rate in Mound City is 12 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 Mound City for each bedroom size?

Occupied Rental Units by Size in Mound City
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
12 30 41 30 0
Occupied Rental Units by Size in Mound City

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

Among renter households in this market, 23 percent have housing cost burden. Further, 5 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 Mound City

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $985 to $1,931. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $985
One BR $1,098
Two BR $1,258
Three BR $1,645
Four BR $1,931
2024 Fair Market Rents in Mound City, Kansas

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

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 0 100 percent
One BR 30 100 percent
Two BR 38 93 percent
Rental Units Below FMR in Mound City, Kansas

How many affordable rental units are in Mound City?

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

Federal Program Unit Count
USDA Section 515 Rural Rental Housing 12
Tracked Units by Federal Program in Mound City, Kansas

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

Income Based Apartments in Mound City, Kansas

Mound City features 12 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 Mound City, Kansas

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

Housing Choice Vouchers in Mound City, Kansas

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Mound City, Kansas for a two-bedroom apartment is between $1,132 and $1,384.

Sourced from federal housing data and AffordableHousingOnline.com research.