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

Discover affordable housing in Taylorsville where there are 6+ 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.

Spencer Village Apartments

3 Crume CT, Taylorsville, Kentucky 40071

Hallmark by the Lake

136 Ray Rd, Taylorsville, Kentucky 40071

Taylorsville Place

Mt Washington RD, Taylorsville, Kentucky 40071

Chapel House - Taylorsville

40 Ray Rd, Taylorsville, Kentucky 40071

Centretown Apts

256 West Main Street, Taylorsville, Kentucky

Taylorsville Townhome Apt

301 Back Alley, Taylorsville, Kentucky

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Taylorsville, Kentucky
$24.64/hour
$17.39 (+240%) more than Kentucky minimum wage and $17.39 (+240%) more than the Federal minimum wage.
Learn More About Taylorsville, Kentucky Affordable Housing ↓

What HUD offices serve Taylorsville, 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 Taylorsville, Kentucky.

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

How many renters live in Taylorsville, Kentucky?

The City of Taylorsville has 1,718 people living in 565 households.

There are 1,166 renters living in 410 renter households in this City. Renters make up 67.87 percent of the population living in Taylorsville.

What is the rental market like in Taylorsville, Kentucky?

There are an estimated 615 housing units in the Taylorsville area. Of these, 428 units are rental homes, making up 70 percent of the housing market. For every renter household in Taylorsville, Kentucky, there are 1 rental units.

What is the vacancy rate for rentals in Taylorsville?

The rental vacancy rate in Taylorsville is 2 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 Taylorsville for each bedroom size?

Occupied Rental Units by Size in Taylorsville
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
4 113 188 86 15
Occupied Rental Units by Size in Taylorsville

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

Among renter households in this market, 33 percent have housing cost burden. Further, 11 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 Taylorsville

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $976 to $1,955. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $976
One BR $1,077
Two BR $1,301
Three BR $1,701
Four BR $1,955
2024 Fair Market Rents in Taylorsville, Kentucky

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

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 4 100 percent
One BR 113 100 percent
Two BR 176 94 percent
Rental Units Below FMR in Taylorsville, Kentucky

How many affordable rental units are in Taylorsville?

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

Federal Program Unit Count
Section 8 Project-Based Rental Assistance 9
Section 202 Supportive Housing for the Elderly 47
USDA Section 515 Rural Rental Housing 34
Tracked Units by Federal Program in Taylorsville, Kentucky

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

Income Based Apartments in Taylorsville, Kentucky

Taylorsville features 80 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 Taylorsville, Kentucky

There are 72 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Taylorsville.

Housing Choice Vouchers in Taylorsville, Kentucky

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Taylorsville, Kentucky for a two-bedroom apartment is between $1,171 and $1,431.

Sourced from federal housing data and AffordableHousingOnline.com research.