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

Discover affordable housing in Kenton County where there are 46+ 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.

Thomas Edison School Apartments

1516 Scott Blvd, Covington, Kentucky 41011

Three Springs Townhomes

2404 Anderson Road, Crescent Springs, Kentucky 41017

Lincoln Grant Scholar House

824 Greenup St, Covington, Kentucky 41011

Eastside Revitalization

Scattered Sites, Covington, Kentucky 41011

St Aloysius Apartments

410 W 8th Street, Covington, Kentucky 41011

Taylor Ridge

904 Regal Ridge Drive, Independence, Kentucky 41051

Lasalette Gardens Apartments

702 Greenup St, Covington, Kentucky 41011

Highpoint Apartments

110 Hay St, Ludlow, Kentucky 41016

Hathaway Court Apartments

1200 Highway Ave, Covington, Kentucky 41011

Cambridge Square Covington

101 Promontory Dr, Covington, Kentucky 41015

WH MainStrasse Apartments

831 Bakewell Street, Covington, Kentucky 41011

Bismarck Apartments

PO Box 175828, Covington, Kentucky 41011

Voa Orv Madison Pike

4594 Oliver Rd, Independence, Kentucky 41051

The Austinburg Apartments

411 Patton St, Covington, Kentucky 41014

Goodwill Village Apartments

1550 Banklick St, Covington, Kentucky 41011

River's Edge at Eastside Pointe

1028 Greenup Street , Covington, Kentucky 41011

WH MainStrasse Apartments

414 W. 6th, Covington, Kentucky 41011

Gardens at Greenup

1102 Greenup Street, Covington, Kentucky 41011

City Heights

706 Welsh Dr, Covington, Kentucky 41011

Ashwood Apartments and Townhomes

3534 Kimberly Dr, Erlanger, Kentucky 41018

calendar_today Opened: Aug 13
Open Until Further Notice

Reported On March 7th, 2024 by Lorena Bentley

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Kenton County, Kentucky
$22.63/hour
$15.38 (+212%) more than Kentucky minimum wage and $15.38 (+212%) more than the Federal minimum wage.
Learn More About Kenton County, Kentucky Affordable Housing ↓

What HUD offices serve Kenton 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 Public Housing programs for Kenton County, Kentucky.
Operates the Section 8 Housing Choice Voucher (HCV), Family Self-Sufficiency, Veteran Affairs Supportive Housing (VASH), Section 8 Project-Based Voucher (PBV) programs for Kenton County, Kentucky.

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

How many renters live in Kenton County, Kentucky?

The County of Kenton County has 170,313 people living in 66,791 households.

There are 39,207 renters living in 18,471 renter households in this County. Renters make up 23.02 percent of the population living in Kenton County.

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

There are an estimated 73,256 housing units in the Kenton County area. Of these, 20,405 units are rental homes, making up 28 percent of the housing market. For every renter household in Kenton County, Kentucky, there are 1 rental units.

What is the vacancy rate for rentals in Kenton County?

The rental vacancy rate in Kenton County is 6 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 Kenton County for each bedroom size?

Occupied Rental Units by Size in Kenton County
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
605 6,333 8,655 2,292 586
Occupied Rental Units by Size in Kenton County

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

Among renter households in this market, 38 percent have housing cost burden. Further, 20 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 Kenton County

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $810 to $1,766. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $810
One BR $919
Two BR $1,195
Three BR $1,588
Four BR $1,766
2024 Fair Market Rents in Kenton County, Kentucky

How many units are rented at Fair Market Rent (FMR) in Kenton 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 420 69 percent
One BR 3,452 55 percent
Two BR 4,721 55 percent
Rental Units Below FMR in Kenton County, Kentucky

How many affordable rental units are in Kenton County?

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

Federal Program Unit Count
Low Income Housing Tax Credit 1,202
Public Housing 851
Section 8 Project-Based Rental Assistance 814
Section 202 Supportive Housing for the Elderly 40
Section 811 Supportive Housing for Persons with Disabilities 12
Tracked Units by Federal Program in Kenton County, Kentucky

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

Income Based Apartments in Kenton County, Kentucky

Kenton County features 1,642 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 Kenton County, Kentucky

There are 882 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Kenton County.

Housing Choice Vouchers in Kenton County, Kentucky

On average, Section 8 Housing Choice vouchers pay Kenton County landlords $500 per month towards rent. The average voucher holder contributes $300 towards rent in Kenton County.

The maximum amount a voucher would pay on behalf of a low-income tenant in Kenton County, Kentucky for a two-bedroom apartment is between $1,076 and $1,315.

Sourced from federal housing data and AffordableHousingOnline.com research.