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

Discover affordable housing in Moundridge where there are 3+ 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.

Meadow View Resideneces

102 Meadow Ln , Moundridge, Kansas 67107

Northridge Manor

102 Kaufman St, Moundridge, Kansas 67107

Country View

807 S Christian, Moundridge, Kansas 67107

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Moundridge, Kansas
$17.03/hour
$9.78 (+135%) more than Kansas minimum wage and $9.78 (+135%) more than the Federal minimum wage.
Learn More About Moundridge, Kansas Affordable Housing ↓

How many renters live in Moundridge, Kansas?

The City of Moundridge has 1,854 people living in 750 households.

There are 380 renters living in 245 renter households in this City. Renters make up 20.5 percent of the population living in Moundridge.

What is the rental market like in Moundridge, Kansas?

There are an estimated 824 housing units in the Moundridge area. Of these, 281 units are rental homes, making up 34 percent of the housing market. For every renter household in Moundridge, Kansas, there are 1 rental units.

What is the vacancy rate for rentals in Moundridge?

The rental vacancy rate in Moundridge 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 Moundridge for each bedroom size?

Occupied Rental Units by Size in Moundridge
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
0 91 122 0 32
Occupied Rental Units by Size in Moundridge

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

Among renter households in this market, 29 percent have housing cost burden. Further, 20 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 Moundridge

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 Moundridge, Kansas

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

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 41 45 percent
Two BR 75 61 percent
Rental Units Below FMR in Moundridge, Kansas

How many affordable rental units are in Moundridge?

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

Federal Program Unit Count
Public Housing 54
Tracked Units by Federal Program in Moundridge, Kansas

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

Income Based Apartments in Moundridge, Kansas

Moundridge features 54 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 Moundridge, Kansas

There are 12 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Moundridge.

Housing Choice Vouchers in Moundridge, Kansas

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Moundridge, Kansas for a two-bedroom apartment is between $809 and $989.

Sourced from federal housing data and AffordableHousingOnline.com research.