About This Property
Homestead Senior Residences Derby provides 62 low-income units for elderly residents in Derby, Kansas. The community offers 14 one-bedroom and 48 two-bedroom apartments and opened in 2019. This non-profit owned property utilizes HOME funding and 9% Low-Income Housing Tax Credits to support affordability.
Property Details
Fair Market Rent - Sedgwick County, KS
FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.
| Bedrooms | FMR |
|---|---|
| Studio/Efficiency | $689 |
| 1 Bedroom | $774 |
| 2 Bedroom | $1,017 |
| 3 Bedroom | $1,339 |
| 4 Bedroom | $1,639 |
Income Limits - Sedgwick County, KS
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $15,950
- Very Low (50%)
- $26,550
- Low (80%)
- $42,500
- Extremely Low (30%)
- $18,200
- Very Low (50%)
- $30,350
- Low (80%)
- $48,550
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $34,150
- Low (80%)
- $54,600
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $37,900
- Low (80%)
- $60,650
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $40,950
- Low (80%)
- $65,550
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $44,000
- Low (80%)
- $70,400
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $47,000
- Low (80%)
- $75,250
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $50,050
- Low (80%)
- $80,100
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $15,950 | $26,550 | $42,500 |
| 2 Persons | $18,200 | $30,350 | $48,550 |
| 3 Persons | $21,960 | $34,150 | $54,600 |
| 4 Persons | $26,500 | $37,900 | $60,650 |
| 5 Persons | $31,040 | $40,950 | $65,550 |
| 6 Persons | $35,580 | $44,000 | $70,400 |
| 7 Persons | $40,120 | $47,000 | $75,250 |
| 8 Persons | $44,660 | $50,050 | $80,100 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Derby, KS?+
The Fair Market Rent (FMR) for Sedgwick County, KS is: $689 (Studio), $774 (1BR), $1017 (2BR), $1339 (3BR), $1639 (4BR). Actual rent at subsidized properties like Homestead Senior Residences Derby is typically 30% of household income or less.
What size apartments are available at Homestead Senior Residences Derby?+
Homestead Senior Residences Derby offers the following unit types: 14 One-Bedroom, 48 Two-Bedroom units, for a total of 62 units.
How do I apply for housing at Homestead Senior Residences Derby?+
Homestead Senior Residences Derby is a Low-Income Housing Tax Credit (LIHTC) property. To apply, you can start by calling , or visiting their website, or contacting the property management office. Contact the property to learn about availability and application requirements. Eligibility is based on income limits set for the area.
Who manages Homestead Senior Residences Derby?+
Homestead Senior Residences Derby is managed by . You can reach them at . Visit their website for more information.
Who is eligible to live at Homestead Senior Residences Derby?+
Homestead Senior Residences Derby primarily serves elderly residents. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
What is the price range for apartments in Derby, KS?+
Based on Fair Market Rent for Sedgwick County, the estimated price range is: 1-bedroom: $774, 2-bedroom: $1017. Actual rent at Homestead Senior Residences Derby may be lower for income-eligible households.
What are the income limits for affordable housing in Sedgwick County, KS?+
For a 4-person household in Sedgwick County, KS, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $37,900, Low Income (80% AMI): $60,650. These limits are set by HUD and updated annually.
Contact Information
Walk Score
Car-Dependent
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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