Affordable Housing In Bath County
6 Low Income Apartment Communities In Bath County
Housing Authorities that serve Bath County
|Kentucky Housing Corporation||Section 8 Housing Choice Voucher (HCV)|
Guide To Affordable Housing in Bath County, Kentucky
There are 6 low income housing apartment communities offering 247 affordable apartments for rent in Bath County, Kentucky.
Income Based Apartments in Bath County, Kentucky
Bath County features 223 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 Bath County, Kentucky
There are 24 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Bath County.
Housing Choice Vouchers in Bath County, Kentucky
On average, Section 8 Housing Choice vouchers pay Bath County landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Bath County.
The maximum amount a voucher would pay on behalf of a low-income tenant in Bath County, Kentucky for a two-bedroom apartment is between $594 and $726.
2020 Bath 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||$469||$501||$660||$822||$933|
|Payment Standard Range||$422 to $516||$451 to $551||$594 to $726||$740 to $904||$840 to $1,026|
Sourced from federal housing data and AffordableHousingOnline.com research.
Bath County, KY Affordable Housing Snapshot
|Total Affordable Apartment Properties||6|
|Total Low Income Apartments||247|
|Total Housing Units with Rental Assistance||223|
|Percentage of Housing Units Occupied By Renters||25.41%|
|Average Renter Household Size||2.76|
|Average Household Size||2.76|
|Median Household Income||$33,483 ±$2,421|
|Median Rent||$589 ±$34|
|Percentage Of Renters Overburdened||45.6% ± 8.2pp|
Population and Household Demographics
Bath County is a county in Kentucky with a population of 11,978. There are 4,297 households in the county with an average household size of 2.76 persons. 25.41% of households in Bath County are renters.
Income and Rent Overburden in Bath County
The median gross income for households in Bath County is $33,483 a year, or $2,790 a month. The median rent for the county is $589 a month.
Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Bath County, a household making less than $1,963 a month would be considered overburdened when renting an apartment at or above the median rent. 45.6% of households who rent are overburdened in Bath County.
Area Median Income In Bath 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 Bath County, HUD calculates the Area Median Income for a family of four as $45,000
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 Bath 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 Bath 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 Bath County
Select A City to View its Apartment Communities and Waiting Lists.
|Owingsville||The HUD funded Public Housing Agencies that serve Owingsville are the Housing Authority of Owingsville and Kentucky Housing Corporation.|
|Salt Lick||The HUD funded Public Housing Agency that serves Salt Lick is the Kentucky Housing Corporation.|
|Sharpsburg||The HUD funded Public Housing Agency that serves Sharpsburg is the Kentucky Housing Corporation.|