Affordable Housing In Ashland
Boyd County, Kentucky

Waiting List Openings In Ashland

Boyd County, KY Section 8 HCV Waiting List

The Ashland Assisted Housing Authority (AAHA) Section 8 Housing Choice Voucher waiting list applications will be accepted from September 20, 2021 at 9:00 am ET, until further notice.

How to Apply for the Boyd County, KY Section 8 HCV Waiting List.

11 Low Income Apartment Communities In Ashland

Ashland Terrace

3100 Roberts Dr
Ashland, Kentucky
$539-803
1-4 BR
Subsidized

Bruce Apartments

1709 Clements Dr
Ashland, Kentucky
Call For Rent
1-3 BR

Harbor Hill Apartments

Landsdowne Dr
Ashland, Kentucky
Call For Rent
1-3 BR

Ahp, Inc

2115 Moore St
Ashland, Kentucky
Subsidized
Accessible
Accessible
Disabled Supportive Housing

Gla - Low II Apartments

1201 Stella Dr
Ashland, Kentucky
Subsidized

Evergreen Square Pollard Place

451 Marcia St
Ashland, Kentucky
Subsidized
Accessible

Hillcrest Apartments

215 Carl Perkins Dr
Ashland, Kentucky
Subsidized

Gla - Low I Apartments

1200 Stella Dr
Ashland, Kentucky
Subsidized

Unity Square

506 9th St
Ashland, Kentucky
Subsidized
62+
Accessible
Elderly Supportive Housing

Scope Towers II

3101 Winchester Ave
Ashland, Kentucky

Housing Authorities that serve Ashland

Housing Authority Programs
Housing Authority of Ashland Public Housing
Ashland Assisted Housing Authority Section 8 Housing Choice Voucher (HCV)

Guide To Affordable Housing in Ashland, Kentucky

There are 11 low income housing apartment communities offering 1,254 affordable apartments for rent in Ashland, Kentucky.

Income Based Apartments in Ashland, Kentucky

Ashland features 1,220 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 Ashland, Kentucky

There are 34 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Ashland.

Housing Choice Vouchers in Ashland, Kentucky

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Ashland, Kentucky for a two-bedroom apartment is between $712 and $870.

2021 Ashland, Kentucky Fair Market Rents and Housing Choice Voucher Payment Standards

Fair Market Rents can be used to better understand the average housing costs of an area. Fair Market Rents are used by HUD to establish payment and rent standards for federal rental assistance programs like the Section 8 Housing Choice Voucher Program.

Studio One BR Two BR Three BR Four BR
Ashland, Kentucky Fair Market Rent $553 $652 $791 $1,063 $1,213
Ashland, Kentucky Payment Standard Range $498 to $608 $587 to $717 $712 to $870 $957 to $1,169 $1,092 to $1,334

Sourced from federal housing data and AffordableHousingOnline.com research.

Ashland, KY Affordable Housing Snapshot

Total Affordable Apartment Properties 11
Total Low Income Apartments 1,254
Total Housing Units with Rental Assistance 1,220
Percentage of Housing Units Occupied By Renters 39.31%
Average Renter Household Size 2.40
Average Household Size 2.36
Median Household Income $39,208 ±$2,241
Median Rent $595 ±$37
Percentage Of Renters Overburdened 48.08% ± 5.77pp
Total Population 21,391

Population and Household Demographics

Ashland is a city in Boyd County, Kentucky with a population of 21,391. There are 8,962 households in the city with an average household size of 2.36 persons. 39.31% of households in Ashland are renters.

Income and Rent Overburden in Ashland

The median gross income for households in Ashland is $39,208 a year, or $3,267 a month. The median rent for the city is $595 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Ashland, a household making less than $1,983 a month would be considered overburdened when renting an apartment at or above the median rent. 48.08% of households who rent are overburdened in Ashland.

Area Median Income In Ashland

Affordable housing program eligibility is always determined by one's income. Each household's income is compared to the incomes of all other households in the area. This is accomplished through a statistic established by the government called the Area Median Income, most often referred to as AMI. The AMI is calculated and published each year by HUD.

HUD often uses an area larger than a city to determine the AMI because HUD anticipates those searching for housing will look beyond individual cities during their housing search. For Ashland, the AMI is calculated from all households within Boyd County.

In Ashland, HUD calculates the Area Median Income for a family of four as $62,600

Most affordable housing programs determine eligibility based on the percent of AMI a given household's income is. Among the programs that determine eligibility based on the AMI are Section 8, HOME, LIHTC, Section 515, 202 and 811.

Rental Assistance in Ashland

Rental assistance is a type of housing subsidy that pays for a portion of a renter’s monthly housing costs, including rent and tenant paid utilities. This housing assistance can come in the form of Section 8 Housing Choice Vouchers, project-based Section 8 contracts, public housing, USDA Rental Assistance (in Section 515 properties) as well as HUD Section 202 and 811 properties for elderly and disabled households.

Income Qualifications for HUD Rental Assistance in Ashland

1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% AMI Income Limits
Renters earning up to 30% of the Ashland AMI may qualify for rental assistance programs that target Extremely Low Income households.
$13,050 $17,420 $21,960 $26,500 $31,040 $35,580 $38,450 $40,950
50% AMI Income Limits
Renters earning up to 50% of the Ashland AMI may qualify for rental assistance programs that target Very Low Income households.
$21,700 $24,800 $27,900 $31,000 $33,500 $36,000 $38,450 $40,950
80% AMI Income Limits
Renters earning up to 80% of the Ashland AMI may qualify for rental assistance programs that target Low Income households.
$34,750 $39,700 $44,650 $49,600 $53,600 $57,550 $61,550 $65,500