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There are 72 low-income apartments in Arkansas City that offer reduced rents to eligible households.
Rental assistance programs support 244 low-income homes in Arkansas City where households pay rent based on how much they earn. For 2024, elgible households participating in federally assisted housing pay an average of $311 towards rent each month.
Affordable rent data for some communities last confirmed on July 2nd, 2024. Subdsidized rents typically change once a year based on federal guidance.
Arkansas City, Kansas Affordable Housing Data
Income Based Apartments in Arkansas City, Kansas
Arkansas City features 244 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 Arkansas City, Kansas
There are 72 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Arkansas City.
Housing Choice Vouchers in Arkansas City, Kansas
On average, Section 8 Housing Choice vouchers pay Arkansas City landlords $300 per month towards rent. The average voucher holder contributes $300 towards rent in Arkansas City.
The maximum amount a voucher would pay on behalf of a low-income tenant in Arkansas City, Kansas for a two-bedroom apartment is between $794 and $970.
2024 Arkansas City, 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 | |
|---|---|---|---|---|---|
| Arkansas City, Kansas Fair Market Rent | $598 | $671 | $882 | $1,126 | $1,329 |
| Arkansas City, Kansas Payment Standard Range | $538 to $658 | $604 to $738 | $794 to $970 | $1,013 to $1,239 | $1,196 to $1,462 |
Sourced from federal housing data and AffordableHousingOnline.com research.
Arkansas City, KS Affordable Housing Snapshot
| Total Affordable Apartment Properties | 10 |
|---|---|
| Total Low Income Apartments | 318 |
| Total Housing Units with Rental Assistance | 244 |
| Percentage of Housing Units Occupied By Renters | 44.61% |
| Average Renter Household Size | 2.61 |
| Average Household Size | 2.49 |
| Median Household Income | $38,757 ±$2,532 |
| Median Rent | $637 ±$26 |
| Percentage Of Renters Overburdened | 44.46% ± 7.34pp |
| Total Population | 12,253 |
Population and Household Demographics
Arkansas City is a city in Cowley County, Kansas with a population of 12,253. There are 4,674 households in the city with an average household size of 2.49 persons. 44.61% of households in Arkansas City are renters.
Income and Rent Overburden in Arkansas City
The median gross income for households in Arkansas City is $38,757 a year, or $3,230 a month. The median rent for the city is $637 a month.
Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Arkansas City, a household making less than $2,123 a month would be considered overburdened when renting an apartment at or above the median rent. 44.46% of households who rent are overburdened in Arkansas City.
Area Median Income In Arkansas City
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 Arkansas City, the AMI is calculated from all households within Cowley County.
In Arkansas City, HUD calculates the Area Median Income for a family of four as $74,400
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 Arkansas City
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 Arkansas City
| 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person | 7 Person | 8 Person | |
|---|---|---|---|---|---|---|---|---|
| 30% AMI Income Limits Renters earning up to 30% of the Arkansas City AMI may qualify for rental assistance programs that target Extremely Low Income households. |
$16,250 | $19,720 | $24,860 | $30,000 | $35,140 | $40,280 | $45,420 | $50,560 |
| 50% AMI Income Limits Renters earning up to 50% of the Arkansas City AMI may qualify for rental assistance programs that target Very Low Income households. |
$27,000 | $30,850 | $34,700 | $38,550 | $41,650 | $44,750 | $47,850 | $50,900 |
| 80% AMI Income Limits Renters earning up to 80% of the Arkansas City AMI may qualify for rental assistance programs that target Low Income households. |
$43,200 | $49,350 | $55,500 | $61,650 | $66,600 | $71,550 | $76,450 | $81,400 |
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