Affordable Housing In Valley Center
3 Low Income Apartment Communities In Valley Center
Housing Authorities that serve Valley Center
|Sedgwick County Housing Authority||Section 8 Housing Choice Voucher (HCV)|
|Wichita Housing Authority||Section 8 Housing Choice Voucher (HCV); Public Housing; Homeownership Voucher; Family Self-Sufficiency; Veteran Affairs Supportive Housing (VASH); Mainstream Voucher|
Guide To Affordable Housing in Valley Center, Kansas
There are 3 low income housing apartment communities offering 124 affordable apartments for rent in Valley Center, Kansas.
Income Based Apartments in Valley Center, Kansas
Valley Center features 0 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 Valley Center, Kansas
There are 124 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Valley Center.
Housing Choice Vouchers in Valley Center, Kansas
On average, Section 8 Housing Choice vouchers pay Valley Center landlords $500 per month towards rent. The average voucher holder contributes $300 towards rent in Valley Center.
The maximum amount a voucher would pay on behalf of a low-income tenant in Valley Center, Kansas for a two-bedroom apartment is between $740 and $904.
2020 Valley Center, Kansas Fair Market Rents and Housing Choice Voucher Payment Standards
Fair Market Rents can be used to better understand the average housing costs of an area. Fair Market Rents are used by HUD to establish payment and rent standards for federal rental assistance programs like the Section 8 Housing Choice Voucher Program.
|Studio||One BR||Two BR||Three BR||Four BR|
|Fair Market Rent||$536||$630||$822||$1,121||$1,372|
|Payment Standard Range||$482 to $590||$567 to $693||$740 to $904||$1,009 to $1,233||$1,235 to $1,509|
Sourced from federal housing data and AffordableHousingOnline.com research.
Valley Center, KS Affordable Housing Snapshot
|Total Affordable Apartment Properties||3|
|Total Low Income Apartments||124|
|Total Housing Units with Rental Assistance||0|
|Percentage of Housing Units Occupied By Renters||17.68%|
|Average Renter Household Size||2.14|
|Average Household Size||2.70|
|Median Household Income||$59,556 ±$11,946|
|Median Rent||$779 ±$194|
|Percentage Of Renters Overburdened||40.97% ± 22.22pp|
Population and Household Demographics
Valley Center is a city in Sedgwick County, Kansas with a population of 6,586. There are 2,443 households in the city with an average household size of 2.70 persons. 17.68% of households in Valley Center are renters.
Income and Rent Overburden in Valley Center
The median gross income for households in Valley Center is $59,556 a year, or $4,963 a month. The median rent for the city is $779 a month.
Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Valley Center, a household making less than $2,597 a month would be considered overburdened when renting an apartment at or above the median rent. 40.97% of households who rent are overburdened in Valley Center.
Area Median Income In Valley Center
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.
HUD often uses an area larger than a city to determine the AMI because HUD anticipates those searching for housing will look beyond individual cities during their housing search. For Valley Center, the AMI is calculated from all households within Sedgwick County.
In Valley Center, HUD calculates the Area Median Income for a family of four as $72,600
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 Valley Center
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 HUD Rental Assistance in Valley Center
|Income||1 Person||2 Person||3 Person||4 Person||5 Person||6 Person||7 Person||8 Person|
|30% of Median||$15,300||$17,450||$21,720||$26,200||$30,680||$35,160||$39,640||$44,120|
|50% of Median||$25,450||$29,050||$32,700||$36,300||$39,250||$42,150||$45,050||$47,950|
|80% of Median||$40,700||$46,500||$52,300||$58,100||$62,750||$67,400||$72,050||$76,700|