Low Income Apartments and Affordable Housing For Rent in Calloway County, KY

Discover affordable housing in Calloway County where there are 11+ 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.

Essex Downs Apartments

1511 Duiguid Dr, Murray, Kentucky 42071

Calloway Gardens Apartments

1505 Duiguid Dr, Murray, Kentucky 42071

Hazel Apartments

101 Center St, Hazel, Kentucky 42049

Forest View Apartments

1213 N 16th St, Murray, Kentucky 42071

Tanglewood Apartments

1750 Lowes Dr, Murray, Kentucky 42071

Wesley at Murray

440 Utterback Rd, Murray, Kentucky 42071

University Heights Apartments

1734 Campbell St, Murray, Kentucky 42071

University Heights

1734 Campbell St, Murray, Kentucky

Mur-Cal Apartments

902 Northwood Dr, Murray, Kentucky

Hurt Drive

623 Broad St, Murray, Kentucky 42071

Purchase Community Housing Dev. Corp.

1408 Diuguid Dr, Murray, Kentucky 42071

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Calloway County, Kentucky
$20.15/hour
$12.90 (+178%) more than Kentucky minimum wage and $12.90 (+178%) more than the Federal minimum wage.
Learn More About Calloway County, Kentucky Affordable Housing ↓

What HUD offices serve Calloway County, 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 Calloway County, Kentucky.

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

How many renters live in Calloway County, Kentucky?

The County of Calloway County has 37,345 people living in 14,805 households.

There are 10,749 renters living in 5,266 renter households in this County. Renters make up 28.78 percent of the population living in Calloway County.

What is the rental market like in Calloway County, Kentucky?

There are an estimated 17,983 housing units in the Calloway County area. Of these, 5,793 units are rental homes, making up 32 percent of the housing market. For every renter household in Calloway County, Kentucky, there are 1 rental units.

What is the vacancy rate for rentals in Calloway County?

The rental vacancy rate in Calloway County is 7 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 Calloway County for each bedroom size?

Occupied Rental Units by Size in Calloway County
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
118 1,435 1,919 1,525 247
Occupied Rental Units by Size in Calloway County

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

Among renter households in this market, 38 percent have housing cost burden. Further, 21 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 Calloway County

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $778 to $1,417. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $778
One BR $810
Two BR $1,064
Three BR $1,287
Four BR $1,417
2024 Fair Market Rents in Calloway County, Kentucky

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

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 118 100 percent
One BR 1,064 74 percent
Two BR 1,146 60 percent
Rental Units Below FMR in Calloway County, Kentucky

How many affordable rental units are in Calloway County?

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

Federal Program Unit Count
Low Income Housing Tax Credit 76
Public Housing 205
Section 202 Supportive Housing for the Elderly 47
USDA Section 515 Rural Rental Housing 192
Tracked Units by Federal Program in Calloway County, Kentucky

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

Income Based Apartments in Calloway County, Kentucky

Calloway County features 400 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 Calloway County, Kentucky

There are 95 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Calloway County.

Housing Choice Vouchers in Calloway County, Kentucky

On average, Section 8 Housing Choice vouchers pay Calloway County landlords $700 per month towards rent. The average voucher holder contributes $300 towards rent in Calloway County.

The maximum amount a voucher would pay on behalf of a low-income tenant in Calloway County, Kentucky for a two-bedroom apartment is between $958 and $1,170.

Sourced from federal housing data and AffordableHousingOnline.com research.