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

Discover affordable housing in Todd County where there are 5+ 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.

Royal Arms Apartments

166 Royal Arms Land Rd, Elkton, Kentucky 42220

Landmark Senior Apartments

203 Elk Fork Rd, Elkton, Kentucky 42220

Elkton Arms Apts

609 S Main St, Elkton, Kentucky

Pennyrile Village

150 Pennyrile Ct, Guthrie, Kentucky 42234

Kentucky

Howell St, Guthrie, Kentucky 42234

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

What HUD offices serve Todd 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 Todd County, Kentucky.
Operates the Section 8 Housing Choice Voucher (HCV) programs for Todd County, Kentucky.

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

How many renters live in Todd County, Kentucky?

The County of Todd County has 12,281 people living in 4,476 households.

There are 3,251 renters living in 1,130 renter households in this County. Renters make up 26.47 percent of the population living in Todd County.

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

There are an estimated 5,143 housing units in the Todd County area. Of these, 1,262 units are rental homes, making up 25 percent of the housing market. For every renter household in Todd County, Kentucky, there are 1 rental units.

What is the vacancy rate for rentals in Todd County?

The rental vacancy rate in Todd County is 9 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 Todd County for each bedroom size?

Occupied Rental Units by Size in Todd County
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
9 161 391 452 95
Occupied Rental Units by Size in Todd County

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

Among renter households in this market, 21 percent have housing cost burden. Further, 6 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 Todd County

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $616 to $1,331. 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 $1,165
Four BR $1,331
2024 Fair Market Rents in Todd County, Kentucky

How many units are rented at Fair Market Rent (FMR) in Todd 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 9 100 percent
One BR 117 73 percent
Two BR 241 62 percent
Rental Units Below FMR in Todd County, Kentucky

How many affordable rental units are in Todd County?

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

Federal Program Unit Count
Low Income Housing Tax Credit 48
Public Housing 100
Section 8 Project-Based Rental Assistance 48
USDA Section 515 Rural Rental Housing 24
Tracked Units by Federal Program in Todd County, Kentucky

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

Income Based Apartments in Todd County, Kentucky

Todd County features 124 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 Todd County, Kentucky

There are 64 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Todd County.

Housing Choice Vouchers in Todd County, Kentucky

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

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

Sourced from federal housing data and AffordableHousingOnline.com research.