Low Income Apartments and Affordable Housing For Rent in Corbin, KY

Discover affordable housing in Corbin where there are 22+ housing opportunities based on income and household needs like accessible units for seniors or persons with disabilities. Find and apply to these low income apartments now.

Chestnut Greene

145 Robert E Cox Rd, Corbin, Kentucky 40701

Campground Apartments

Campground Ct, Corbin, Kentucky 40701

FRIENDSHIP HOUSE - CORBIN

1365 MASTER ST, Corbin, Kentucky 40701

Kceoc Corbin ( Oakpl ) Dba Murrell Mitchell Apartments

Old Barboursville Hwy, Corbin, Kentucky 40701

Northfield Station

850 S Highway 1223, Corbin, Kentucky 40701

Greater Corbin Manor

1400 Corbin Manor Apartment, Corbin, Kentucky 40701

Cumberland Care Home

1203 American Greeting Card Rd, Corbin, Kentucky 40701

Friendship House of Corbin

1365 E Master St, Corbin, Kentucky 40701

Valley View

301 Valley View , Corbin, Kentucky 40701

Caleb Cottages

Gilbert St, Corbin, Kentucky 40701

Kceoc Senior Housing

110 Mitchell St, Corbin, Kentucky 40701

Gilbert Apartments

278 Gilbert St, Corbin, Kentucky 40701

Alumni Apartments

60 Sydne Cir, Corbin, Kentucky 40701

Chapel House - Corbin

1375 Master St, Corbin, Kentucky 40701

Baptist Housing

704 Engineer St, Corbin, Kentucky 40701

Powell Station

45 Claire Dr, Corbin, Kentucky 40701

Kceoc Corbin Apartments

Old Us 25E, Corbin, Kentucky 40701

Elaine Apartments

47 Elaine Ct, Corbin, Kentucky 40701

Vermillian Village

1001 W 8th St, Corbin, Kentucky 40701

Oak Place Apartments I

1232 Old Barbourville Rd, Corbin, Kentucky 40701

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Corbin, Kentucky
$16.10/hour
$8.85 (+122%) more than Kentucky minimum wage and $8.85 (+122%) more than the Federal minimum wage.
Learn More About Corbin, Kentucky Affordable Housing ↓

What HUD offices serve Corbin, Kentucky?

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.

Operates the Public Housing programs for Corbin, Kentucky.

Go to the Kentucky Public Housing and Low-Income Apartments Waiting Lists page for openings near Corbin.

How many renters live in Corbin, Kentucky?

The City of Corbin has 8,611 people living in 2,984 households.

There are 3,141 renters living in 1,332 renter households in this City. Renters make up 36.48 percent of the population living in Corbin.

What is the rental market like in Corbin, Kentucky?

There are an estimated 3,265 housing units in the Corbin area. Of these, 1,402 units are rental homes, making up 43 percent of the housing market. For every renter household in Corbin, Kentucky, there are 1 rental units.

What is the vacancy rate for rentals in Corbin?

The rental vacancy rate in Corbin is 3 percent. This is a lower than average vacancy rate. When rental vacancy rates are low there are fewer available units. Rents tend to be higher as more people compete for scarce housing.

How many rental units are in Corbin for each bedroom size?

Occupied Rental Units by Size in Corbin
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
66 338 523 309 77
Occupied Rental Units by Size in Corbin

A large number of apartments in Corbin have two or fewer bedrooms. Seniors and young professionals especially may have more success finding an apartment that meets their needs.

How many renter households in Corbin are overburdened by housing costs?

Among renter households in this market, 36 percent have housing cost burden. Further, 18 percent of households are extremely rent overburdened. When renters pay too much for their housing, it leaves little money for other necessities like food, clothes, or medicine.

The federal government says that renters are cost-burdened if they pay more than a third of their monthly income for rent and utilities.

How Much Is Rent in Corbin

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $616 to $1,442. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $616
One BR $664
Two BR $850
Three BR $1,067
Four BR $1,442
2024 Fair Market Rents in Corbin, Kentucky

How many units are rented at Fair Market Rent (FMR) in Corbin?

Renters with a Section 8 Housing Choice Voucher must select a home that is at or below the area’s Fair Market Rent. Markets with a large share of units above FMR tend to have longer search times to find a qualified unit, while those with a large share of units below FMR tend to have more choices and shorter search times. The share below FMR can vary by size of unit, as shown in the table below.

These are the approximate number of units renting below the FMR in this market:

Unit Size Count of Units Below FMR Percentage of Total Units Below FMR
Studio 32 48 percent
One BR 263 78 percent
Two BR 293 56 percent
Rental Units Below FMR in Corbin, Kentucky

How many affordable rental units are in Corbin?

There are a variety of federal affordable housing programs serving households in Corbin, Kentucky including the following:

Federal Program Unit Count
Low Income Housing Tax Credit 431
Public Housing 153
Section 8 Project-Based Rental Assistance 272
Section 202 Supportive Housing for the Elderly 16
Tracked Units by Federal Program in Corbin, Kentucky

Rental units may be funded in part by multiple federal programs.

Income Based Apartments in Corbin, Kentucky

Corbin features 761 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 Corbin, Kentucky

There are 205 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Corbin.

Housing Choice Vouchers in Corbin, Kentucky

On average, Section 8 Housing Choice vouchers pay Corbin landlords $400 per month towards rent. The average voucher holder contributes $200 towards rent in Corbin.

The maximum amount a voucher would pay on behalf of a low-income tenant in Corbin, Kentucky for a two-bedroom apartment is between $765 and $935.

Sourced from federal housing data and AffordableHousingOnline.com research.