; Low Income Apartments For Rent in Wellsville, KS

Homes at Walnut Creek

833 Main Street
Wellsville, Kansas
Rent Assisted
LIHTC
Call For Rent
3 BR

Walnut Plaza

325 Walnut St
Wellsville, Kansas
Subsidized
PBRA
BMIR

Wellsville Senior Housing

102 Walnut St
Wellsville, Kansas
Subsidized
Rent Assisted
Senior
Supportive
LIHTC
S515
RDRA

Wellsville Heights

833 Main St
Wellsville, Kansas
Subsidized
Rent Assisted
Senior
Supportive
LIHTC
S515
RDRA
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There are 32 low-income apartments in Wellsville that offer reduced rents to eligible households.

Rental assistance programs support 72 low-income homes in Wellsville where households pay rent based on how much they earn. For 2024, elgible households participating in federally assisted housing pay an average of $-4 towards rent each month.

Affordable rent data for some communities last confirmed on June 7th, 2024. Subdsidized rents typically change once a year based on federal guidance.

Public Housing Agencies Serving Wellsville, Kansas

Public Housing Agencies operate federally assisted affordable housing programs at local levels on behalf of HUD. Notably, housing agencies are responsible for managing Section 8 Housing Choice Voucher, Public Housing, and Project-Based Voucher waiting lists within their jurisdiction.

Housing Authority Programs
East Central Kansas Economic Opportunity Corporation Section 8 Housing Choice Voucher (HCV)
Go to the Kansas Public Housing and Low-Income Apartments Waiting Lists page for openings near Wellsville.

Wellsville, Kansas Affordable Housing Data

Income Based Apartments in Wellsville, Kansas

Wellsville features 72 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 Wellsville, Kansas

There are 32 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Wellsville.

Housing Choice Vouchers in Wellsville, Kansas

On average, Section 8 Housing Choice vouchers pay Wellsville landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Wellsville.

The maximum amount a voucher would pay on behalf of a low-income tenant in Wellsville, Kansas for a two-bedroom apartment is between $905 and $1,107.

2024 Wellsville, 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
Wellsville, Kansas Fair Market Rent $761 $766 $1,006 $1,229 $1,421
Wellsville, Kansas Payment Standard Range $685 to $837 $689 to $843 $905 to $1,107 $1,106 to $1,352 $1,279 to $1,563

Sourced from federal housing data and AffordableHousingOnline.com research.

Wellsville, KS Affordable Housing Snapshot

Total Affordable Apartment Properties 4
Total Low Income Apartments 104
Total Housing Units with Rental Assistance 72
Percentage of Housing Units Occupied By Renters 28.35%
Average Renter Household Size 2.10
Average Household Size 2.54
Median Household Income $48,350 ±$4,734
Median Rent $712 ±$205
Percentage Of Renters Overburdened 40.98% ± 16.55pp
Total Population 1,880

Population and Household Demographics

Wellsville is a city in Franklin County, Kansas with a population of 1,880. There are 723 households in the city with an average household size of 2.54 persons. 28.35% of households in Wellsville are renters.

Income and Rent Overburden in Wellsville

The median gross income for households in Wellsville is $48,350 a year, or $4,029 a month. The median rent for the city is $712 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Wellsville, a household making less than $2,373 a month would be considered overburdened when renting an apartment at or above the median rent. 40.98% of households who rent are overburdened in Wellsville.

Area Median Income In Wellsville

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 Wellsville, the AMI is calculated from all households within Franklin County.

In Wellsville, HUD calculates the Area Median Income for a family of four as $86,400

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 Wellsville

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 Wellsville

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 Wellsville AMI may qualify for rental assistance programs that target Extremely Low Income households.
$16,900 $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 Wellsville AMI may qualify for rental assistance programs that target Very Low Income households.
$28,150 $32,150 $36,150 $40,150 $43,400 $46,600 $49,800 $53,000
80% AMI Income Limits
Renters earning up to 80% of the Wellsville AMI may qualify for rental assistance programs that target Low Income households.
$45,000 $51,400 $57,850 $64,250 $69,400 $74,550 $79,700 $84,850