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

Discover affordable housing in Oakley where there are 2+ 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.

Westview and 8th Street

700 W 5th St, Oakley, Kansas 67748

Ivory Street Apartments, Llc

803 Ivory St, Oakley, Kansas 67748

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Oakley, Kansas
$18.54/hour
$11.29 (+156%) more than Kansas minimum wage and $11.29 (+156%) more than the Federal minimum wage.
Learn More About Oakley, Kansas Affordable Housing ↓

What HUD offices serve Oakley, 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 Public Housing programs for Oakley, Kansas.

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

How many renters live in Oakley, Kansas?

The City of Oakley has 2,063 people living in 929 households.

There are 700 renters living in 348 renter households in this City. Renters make up 33.93 percent of the population living in Oakley.

What is the rental market like in Oakley, Kansas?

There are an estimated 1,013 housing units in the Oakley area. Of these, 402 units are rental homes, making up 40 percent of the housing market. For every renter household in Oakley, Kansas, there are 1 rental units.

What is the vacancy rate for rentals in Oakley?

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

Occupied Rental Units by Size in Oakley
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
0 52 184 92 20
Occupied Rental Units by Size in Oakley

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

Among renter households in this market, 31 percent have housing cost burden. Further, 13 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 Oakley

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $633 to $1,175. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $633
One BR $786
Two BR $882
Three BR $1,101
Four BR $1,175
2024 Fair Market Rents in Oakley, Kansas

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

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 33 63 percent
Two BR 126 68 percent
Rental Units Below FMR in Oakley, Kansas

How many affordable rental units are in Oakley?

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

Federal Program Unit Count
Low Income Housing Tax Credit 8
Public Housing 42
Tracked Units by Federal Program in Oakley, Kansas

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

Income Based Apartments in Oakley, Kansas

Oakley features 42 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 Oakley, Kansas

There are 8 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Oakley.

Housing Choice Vouchers in Oakley, Kansas

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Oakley, Kansas for a two-bedroom apartment is between $881 and $1,077.

Sourced from federal housing data and AffordableHousingOnline.com research.