Affordable Housing In Osborne County
Kansas

4 Low Income Apartment Communities In Osborne County

Paradise Valley Apartments

410 N 3rd St
Natoma, KS
Subsidized

Solomon Valley Apartments

200 E Vermont St
Osborne, KS

Centennial Village

914 Kansas St
Downs, KS

Downs Rentals

712 Blunt St
Downs, KS
HCV Welcome
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Other Housing Authorities located in Osborne County

Housing Authority Programs
Osborne Housing Authority Public Housing
Downs Housing Authority Public Housing

Guide To Affordable Housing in Osborne County, Kansas

There are 4 low income housing apartment communities offering 104 affordable apartments for rent in Osborne County, Kansas. Osborne County features 96 low income apartments with rental assistance where households typically pay no more than 30% of their income towards rent. Additionally, there are 8 other low income apartments that don't provide direct rental assistance but remain affordable to low income households in Osborne County.

Sourced from federal housing data and AffordableHousingOnline.com research.

Osborne County, KS Affordable Housing Snapshot

Total Affordable Apartment Properties 4
Total Low Income Apartments 104
Total Housing Units with Rental Assistance 96
Percentage of Housing Units Occupied By Renters 25.06%
Average Renter Household Size 1.93
Average Household Size 2.08
Median Household Income $40,216 ±$3,678
Median Rent $455 ±$36
Percentage Of Renters Overburdened 23.3% ± 8.05pp
Total Population 3,782

Population and Household Demographics

Osborne County is a County in Kansas with a population of 3,782. There are 1,764 households in the county with an average household size of 2.08 persons. 25.06% of households in Osborne County are renters.

Income and Rent Overburden in Osborne County

The median gross income for households in Osborne County is $40,216 a year, or $3,351 a month. The median rent for the county is $455 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Osborne County, a household making less than $1,517 a month would be considered overburdened when renting an apartment at or above the median rent. 23.3% of households who rent are overburdened in Osborne County.1

Area Median Income In Osborne County

Affordable housing program eligibility is always determined by one's income. Each household's income is compared to the incomes of all other households in the area. This is accomplished through a statistic established by the government called the Area Median Income, most often referred to as AMI. The AMI is calculated and published each year by HUD.

In Osborne County, HUD calculates the Area Median Income for a family of four as $60,600

Most affordable housing programs determine eligibility based on the percent of AMI a given household's income is. Among the programs that determine eligibility based on the AMI are Section 8, HOME, LIHTC, Section 515, 202 and 811.

Rental Assistance in Osborne County

Rental assistance is a type of housing subsidy that pays for a portion of a renter’s monthly housing costs, including rent and tenant paid utilities. This housing assistance can come in the form of Section 8 Housing Choice Vouchers, project-based Section 8 contracts, public housing, USDA Rental Assistance (in Section 515 properties) as well as HUD Section 202 and 811 properties for elderly and disabled households.

Income Qualifications for Osborne County HUD Rental Assistance in Osborne County

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $12,950 $16,910 $21,330 $25,750 $30,170 $34,590 $38,150 $40,600
50% of Median $21,550 $24,600 $27,700 $30,750 $33,250 $35,700 $38,150 $40,600
80% of Median $34,450 $39,400 $44,300 $49,200 $53,150 $57,100 $61,050 $64,950
Low Income Housing Tax Credits in Osborne County

The Low-Income Housing Tax Credit (LIHTC) program aims to create affordable rental housing for low and very low income families.

From 1999 to 1999, 1 low income apartment communities containing 8 rental apartments have been constructed and made affordable to low income persons in Osborne County by the Low Income Housing Tax Credit Program.

If your income is less than 60% of the Area Median Income (AMI), you should not expect to pay more than the rent value for a unit in the table below. However, Affordable apartment communities that receive funding through the Low Income Housing Tax Credit program may have rental units that are not subject to income and rent limits.

Rent limits for the LIHTC Program are determined so that a household making the maximum income for the expected household size of the unit would only pay 30% of their income for rent.

Income Qualifications for Low Income Housing Tax Credit Apartments in Osborne County

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
50% of Median $21,550 $24,600 $27,700 $30,750 $33,250 $35,700 $38,150 $40,600
60% of Median $25,860 $29,520 $33,240 $36,900 $39,900 $42,840 $45,780 $48,720

For example, the expected household size for a two bedroom apartment is 3 people. Using the table above, the maximum income for a 3 person household at 60% of the AMI in Osborne County is $33,240 a year, or $2,770 a month. To determine the maximum rent in the table below we multiply the monthly maximum income, $2,770 by 30% to get a maximum rent of $831 a month.

Rent for units in the LIHTC Program include a utility allowance which is determined by the average monthly cost of utilities paid directly by residents. This allowance has not been subtracted from the rents in the table below. These utility allowances are set on a property by property basis.

% of AMI Studio 1 Bed 2 Bed 3 Bed 4 Bed 5 Bed
50% $539 $577 $693 $800 $893 $984
60% $647 $692 $831 $960 $1,071 $1,181
Fair Market Rents in Osborne County

Fair Market Rents, often abbreviated as FMR, can be used to better understand the average housing costs of an area. Notably, Fair Market Rents are used to establish the payment standards for the Housing Choice Voucher Program, maximum rents in HOME financed rental projects and initial rents for Section 8 project based assistance.

2020 Fair Market Rents
Studio One BR Two BR Three BR Four BR
$524 $624 $714 $1,030 $1,039

Cities In Osborne County

Select A City to View its Apartment Communities and Waiting Lists.

City Listings Served By
Downs 2 The HUD funded Public Housing Agency that serves Downs is the Downs Housing Authority.
Natoma 1
Alton 0
Osborne 1
Portis 0