How many renters live in Syracuse, Kansas?
The City of Syracuse has 1,511 people living in 530 households.
There are 467 renters living in 155 renter households in this City. Renters make up 30.91 percent of the population living in Syracuse.
What is the rental market like in Syracuse, Kansas?
There are an estimated 635 housing units in the Syracuse area. Of these, 169 units are rental homes, making up 27 percent of the housing market. For every renter household in Syracuse, Kansas, there are 1 rental units.
What is the vacancy rate for rentals in Syracuse?
The rental vacancy rate in Syracuse is 0 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 Syracuse for each bedroom size?
Occupied Rental Units by Size in Syracuse
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 0 | 14 | 68 | 58 | 0 |
Occupied Rental Units by Size in Syracuse
A large number of apartments in Syracuse 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 Syracuse are overburdened by housing costs?
Among renter households in this market, 25 percent have housing cost burden. Further, 1 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 Syracuse
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $670 to $1,318. FMRs are updated annually by HUD for every city and county nationwide.
| Bed Size | 2024 Fair Market Rents |
| Studio | $670 |
| One BR | $711 |
| Two BR | $934 |
| Three BR | $1,129 |
| Four BR | $1,318 |
2024 Fair Market Rents in Syracuse, Kansas
How many units are rented at Fair Market Rent (FMR) in Syracuse?
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 | 12 | 86 percent |
| Two BR | 45 | 66 percent |
Rental Units Below FMR in Syracuse, Kansas
How many affordable rental units are in Syracuse?
There are a variety of federal affordable housing programs serving households in Syracuse, Kansas including the following:
| Federal Program | Unit Count |
| Low Income Housing Tax Credit | 8 |
| USDA Section 515 Rural Rental Housing | 16 |
Tracked Units by Federal Program in Syracuse, Kansas
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in Syracuse, Kansas
Syracuse features 24 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 Syracuse, Kansas
There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Syracuse.
Housing Choice Vouchers in Syracuse, Kansas
On average, Section 8 Housing Choice vouchers pay Syracuse landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Syracuse.
The maximum amount a voucher would pay on behalf of a low-income tenant in Syracuse, Kansas for a two-bedroom apartment is between $841 and $1,027.
Sourced from federal housing data and AffordableHousingOnline.com research.
