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

Discover affordable housing in Osborne 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.

Solomon Valley Apartments

200 E Vermont St, Osborne, Kansas 67473

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Osborne, Kansas
$16.70/hour
$9.45 (+130%) more than Kansas minimum wage and $9.45 (+130%) more than the Federal minimum wage.
Learn More About Osborne, Kansas Affordable Housing ↓

How many renters live in Osborne, Kansas?

The City of Osborne has 1,512 people living in 707 households.

There are 472 renters living in 240 renter households in this City. Renters make up 31.22 percent of the population living in Osborne.

What is the rental market like in Osborne, Kansas?

There are an estimated 855 housing units in the Osborne area. Of these, 288 units are rental homes, making up 34 percent of the housing market. For every renter household in Osborne, Kansas, there are 1 rental units.

What is the vacancy rate for rentals in Osborne?

The rental vacancy rate in Osborne is 13 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 Osborne for each bedroom size?

Occupied Rental Units by Size in Osborne
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
0 38 120 62 20
Occupied Rental Units by Size in Osborne

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

Among renter households in this market, 27 percent have housing cost burden. Further, 6 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 Osborne

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $633 to $1,244. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $633
One BR $671
Two BR $882
Three BR $1,066
Four BR $1,244
2024 Fair Market Rents in Osborne, Kansas

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

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 38 100 percent
Two BR 75 63 percent
Rental Units Below FMR in Osborne, Kansas

How many affordable rental units are in Osborne?

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

Federal Program Unit Count
Public Housing 40
Tracked Units by Federal Program in Osborne, Kansas

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

Income Based Apartments in Osborne, Kansas

Osborne features 40 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 Osborne, Kansas

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

Housing Choice Vouchers in Osborne, Kansas

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Osborne, Kansas for a two-bedroom apartment is between $794 and $970.

Sourced from federal housing data and AffordableHousingOnline.com research.