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

Discover affordable housing in Brodhead where there are 3+ 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.

Castle Village

90 Castle Village Dr, Brodhead, Kentucky 40409

Brodhead Elderly

Rr 1, Brodhead, Kentucky 40409

Brodhead Elderly Apartments

RR 1 Box 10, Brodhead, Kentucky 40409

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Brodhead, 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 Brodhead, Kentucky Affordable Housing ↓

What HUD offices serve Brodhead, 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 Section 8 Housing Choice Voucher (HCV) programs for Brodhead, Kentucky.

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

How many renters live in Brodhead, Kentucky?

The City of Brodhead has 1,361 people living in 470 households.

There are 749 renters living in 291 renter households in this City. Renters make up 55.03 percent of the population living in Brodhead.

What is the rental market like in Brodhead, Kentucky?

There are an estimated 601 housing units in the Brodhead area. Of these, 346 units are rental homes, making up 58 percent of the housing market. For every renter household in Brodhead, Kentucky, there are 1 rental units.

What is the vacancy rate for rentals in Brodhead?

The rental vacancy rate in Brodhead is 13 percent. This is a higher than average vacancy rate. When rental vacancy rates are high it means that there are a lot of available units and rents tend to be lower.

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

Occupied Rental Units by Size in Brodhead
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
3 84 122 82 0
Occupied Rental Units by Size in Brodhead

A large number of apartments in Brodhead 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 Brodhead are overburdened by housing costs?

Among renter households in this market, 39 percent have housing cost burden. Further, 17 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 Brodhead

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $616 to $1,156. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $616
One BR $647
Two BR $850
Three BR $1,130
Four BR $1,156
2024 Fair Market Rents in Brodhead, Kentucky

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

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 3 100 percent
One BR 65 77 percent
Two BR 116 95 percent
Rental Units Below FMR in Brodhead, Kentucky

How many affordable rental units are in Brodhead?

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

Federal Program Unit Count
Low Income Housing Tax Credit 94
Section 8 Project-Based Rental Assistance 70
USDA Section 515 Rural Rental Housing 24
Tracked Units by Federal Program in Brodhead, Kentucky

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

Income Based Apartments in Brodhead, Kentucky

Brodhead features 118 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 Brodhead, Kentucky

There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Brodhead.

Housing Choice Vouchers in Brodhead, Kentucky

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

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

Sourced from federal housing data and AffordableHousingOnline.com research.