What HUD offices serve Junction City, 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.
Go to the Kentucky Public Housing and Low-Income Apartments Waiting Lists page for openings near Junction City.
How many renters live in Junction City, Kentucky?
The City of Junction City has 2,166 people living in 961 households.
There are 550 renters living in 228 renter households in this City. Renters make up 25.39 percent of the population living in Junction City.
What is the rental market like in Junction City, Kentucky?
There are an estimated 1,118 housing units in the Junction City area. Of these, 252 units are rental homes, making up 23 percent of the housing market. For every renter household in Junction City, Kentucky, there are 1 rental units.
What is the vacancy rate for rentals in Junction City?
The rental vacancy rate in Junction City is 10 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 Junction City for each bedroom size?
Occupied Rental Units by Size in Junction City
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 0 | 23 | 119 | 82 | 4 |
Occupied Rental Units by Size in Junction City
A large number of apartments in Junction City 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 Junction City are overburdened by housing costs?
Among renter households in this market, 44 percent have housing cost burden. Further, 19 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 Junction City
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $702 to $1,461. FMRs are updated annually by HUD for every city and county nationwide.
| Bed Size | 2024 Fair Market Rents |
| Studio | $702 |
| One BR | $706 |
| Two BR | $928 |
| Three BR | $1,225 |
| Four BR | $1,461 |
2024 Fair Market Rents in Junction City, Kentucky
How many units are rented at Fair Market Rent (FMR) in Junction City?
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 |
| One BR | 21 | 91 percent |
| Two BR | 73 | 61 percent |
Rental Units Below FMR in Junction City, Kentucky
How many affordable rental units are in Junction City?
There are a variety of federal affordable housing programs serving households in Junction City, Kentucky including the following:
| Federal Program | Unit Count |
| Low Income Housing Tax Credit | 16 |
| Public Housing | 26 |
| USDA Section 515 Rural Rental Housing | 40 |
Tracked Units by Federal Program in Junction City, Kentucky
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in Junction City, Kentucky
Junction City features 152 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 Junction City, Kentucky
There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Junction City.
Housing Choice Vouchers in Junction City, Kentucky
On average, Section 8 Housing Choice vouchers pay Junction City landlords $400 per month towards rent. The average voucher holder contributes $300 towards rent in Junction City.
The maximum amount a voucher would pay on behalf of a low-income tenant in Junction City, Kentucky for a two-bedroom apartment is between $835 and $1,021.
Sourced from federal housing data and AffordableHousingOnline.com research.
