Affordable Housing In Riley County
Kansas

4 Low Income Apartment Communities In Riley County

Brookfield Residences

415 Walters Drive
Manhattan, KS
HCV Welcome

Riley Centre

902 W Walnut St
Riley, KS
Subsidized

Willow ridge Apartments

5547 Stone Crest Court Manhattan, KS
Manhattan, KS
HCV Welcome

Prairie View Estate

315 N Park
Ogden, KS
Subsidized
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Other Housing Authorities located in Riley County

Housing Authority Programs
Manhattan Housing Authority Section 8 Housing Choice Voucher (HCV); Public Housing
North Central Flint Hills Area Agency On Aging Section 8 Housing Choice Voucher (HCV)

Guide To Affordable Housing in Riley County, Kansas

According to federal housing data and AffordableHousingOnline.com research, there are 4 low income housing apartment communities offering 226 affordable apartments for rent in Riley County, Kansas. Riley County features 72 low income apartments with rental assistance where households typically pay no more than 30% of their income towards rent. Additionally, there are 154 other low income apartments that don't provide direct rental assistance but remain affordable to low income households in Riley County.

Riley County, KS Affordable Housing Snapshot

Total Affordable Apartment Properties 4
Total Low Income Apartments 226
Total Housing Units with Rental Assistance 72
Percentage of Housing Units Occupied By Renters 58.25%
Average Renter Household Size 2.47
Average Household Size 2.49
Median Household Income $44,437 ±$1,711
Median Rent $884 ±$31
Percentage Of Renters Overburdened 48.56% ± 3.17pp
Total Population 75,022

Population and Household Demographics

Riley County is a County in Kansas with a population of 75,022. There are 26,467 households in the county with an average household size of 2.49 persons. 58.25% of households in Riley County are renters.

Income and Rent Overburden in Riley County

The median gross income for households in Riley County is $44,437 a year, or $3,703 a month. The median rent for the county is $884 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Riley County, a household making less than $2,947 a month would be considered overburdened when renting an apartment at or above the median rent. 48.56% of households who rent are overburdened in Riley County.1

Area Median Income In Riley 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 Riley County, HUD calculates the Area Median Income for a family of four as $83,800

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 Riley 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 Riley County HUD Rental Assistance in Riley County

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $16,700 $19,050 $21,450 $25,750 $30,170 $34,590 $39,010 $43,430
50% of Median $27,800 $31,800 $35,750 $39,700 $42,900 $46,100 $49,250 $52,450
80% of Median $44,450 $50,800 $57,150 $63,500 $68,600 $73,700 $78,750 $83,850
Low Income Housing Tax Credits in Riley County

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

From 1998 to 1998, 1 low income apartment communities containing 48 rental apartments have been constructed and made affordable to low income persons in Riley 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 Riley County

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
50% of Median $27,800 $31,800 $35,750 $39,700 $42,900 $46,100 $49,250 $52,450
60% of Median $33,360 $38,160 $42,900 $47,640 $51,480 $55,320 $59,100 $62,940

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 Riley County is $42,900 a year, or $3,575 a month. To determine the maximum rent in the table below we multiply the monthly maximum income, $3,575 by 30% to get a maximum rent of $1,073 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% $695 $745 $894 $1,033 $1,153 $1,271
60% $834 $894 $1,073 $1,239 $1,383 $1,526
Fair Market Rents in Riley 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
$752 $757 $969 $1,334 $1,701

Cities In Riley County

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

City Listings Served By
Riley 1
Ogden 1
Leonardville 0
Randolph 0