
About This Property
Hope Properties III is a 32-unit affordable housing community in Wichita, Kansas that has been in service since 2008. The property is owned and operated by a non-profit organization. Units are available for rent to qualifying low-income households.
Waitlist Information
Waitlist managed by Wichita Housing Authority
The Ark River Residences waitlist, a new construction of forty-two affordable housing units, is anticipated to open on July 1, 2026, at 5136 S. Broadway, Wichita, Kansas 67216.
Head of household must be at least 18 or an emancipated minor, income must not exceed HUD limits, and all adult members must pass a criminal background check with no lifetime registered sex offenders. Serves Sedgwick, Harvey (except Newton), and Butler Counties, with priority for families with children, elderly, and disabled individuals.
Waitlist data provided by section8waitlist.org
Updated April 17, 2026
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 Wichita, 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 Hope Properties Iii is typically 30% of household income or less.
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.
How do I apply for housing at Hope Properties Iii?+
Hope Properties Iii is a Low-Income Housing Tax Credit (LIHTC) property. To apply, you can start by calling , 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 Hope Properties Iii?+
Hope Properties Iii is managed by . You can reach them at .
Is there a waitlist for Hope Properties Iii?+
Public Housing waitlist is currently Opening Soon and is expected to open for applications soon. Section 8 (HCV) waitlist is currently Open. Waitlist status can change frequently, so check back regularly or contact the housing authority directly for the most up-to-date information.
Walk Score
Somewhat Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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