Affordable Housing In Barren County
9 Low Income Apartment Communities In Barren County
Housing Authorities that serve Barren County
|Kentucky Housing Corporation||Section 8 Housing Choice Voucher (HCV)|
Guide To Affordable Housing in Barren County, Kentucky
There are 9 low income housing apartment communities offering 649 affordable apartments for rent in Barren County, Kentucky.
Income Based Apartments in Barren County, Kentucky
Barren County features 582 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 Barren County, Kentucky
There are 67 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Barren County.
Housing Choice Vouchers in Barren County, Kentucky
On average, Section 8 Housing Choice vouchers pay Barren County landlords $400 per month towards rent. The average voucher holder contributes $300 towards rent in Barren County.
The maximum amount a voucher would pay on behalf of a low-income tenant in Barren County, Kentucky for a two-bedroom apartment is between $596 and $728.
2020 Barren County, 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|
|Fair Market Rent||$470||$540||$662||$883||$897|
|Payment Standard Range||$423 to $517||$486 to $594||$596 to $728||$795 to $971||$807 to $987|
Sourced from federal housing data and AffordableHousingOnline.com research.
Barren County, KY Affordable Housing Snapshot
|Total Affordable Apartment Properties||9|
|Total Low Income Apartments||649|
|Total Housing Units with Rental Assistance||582|
|Percentage of Housing Units Occupied By Renters||32.54%|
|Average Renter Household Size||2.31|
|Average Household Size||2.48|
|Median Household Income||$38,370 ±$1,807|
|Median Rent||$594 ±$20|
|Percentage Of Renters Overburdened||44.9% ± 5.77pp|
Population and Household Demographics
Barren County is a county in Kentucky with a population of 42,925. There are 16,979 households in the county with an average household size of 2.48 persons. 32.54% of households in Barren County are renters.
Income and Rent Overburden in Barren County
The median gross income for households in Barren County is $38,370 a year, or $3,198 a month. The median rent for the county is $594 a month.
Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Barren County, a household making less than $1,980 a month would be considered overburdened when renting an apartment at or above the median rent. 44.9% of households who rent are overburdened in Barren County.
Area Median Income In Barren County
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.
In Barren County, HUD calculates the Area Median Income for a family of four as $50,100
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 Barren County
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 Barren County
|Income||1 Person||2 Person||3 Person||4 Person||5 Person||6 Person||7 Person||8 Person|
|30% of Median||$12,760||$17,240||$21,720||$26,200||$28,850||$31,000||$33,150||$35,250|
|50% of Median||$18,700||$21,400||$24,050||$26,700||$28,850||$31,000||$33,150||$35,250|
|80% of Median||$29,900||$34,200||$38,450||$42,700||$46,150||$49,550||$52,950||$56,400|
Cities In Barren County
Select A City to View its Apartment Communities and Waiting Lists.
|Cave City||The HUD funded Public Housing Agency that serves Cave City is the Kentucky Housing Corporation.|
|Glasgow||The HUD funded Public Housing Agencies that serve Glasgow are the Housing Authority of Glasgow and Kentucky Housing Corporation.|
|Hiseville||The HUD funded Public Housing Agency that serves Hiseville is the Kentucky Housing Corporation.|
|Park City||The HUD funded Public Housing Agency that serves Park City is the Kentucky Housing Corporation.|