What HUD offices serve Beaver Dam, 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.
Go to the Kentucky Public Housing and Low-Income Apartments Waiting Lists page for openings near Beaver Dam.
How many renters live in Beaver Dam, Kentucky?
The City of Beaver Dam has people living in households.
There are renters living in renter households in this City. Renters make up 40.68 percent of the population living in Beaver Dam.
What is the rental market like in Beaver Dam, Kentucky?
There are an estimated housing units in the Beaver Dam area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Beaver Dam, Kentucky, there are 1.09 rental units.
What is the vacancy rate for rentals in Beaver Dam?
The rental vacancy rate in Beaver Dam is 8 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 Beaver Dam for each bedroom size?
Occupied Rental Units by Size in Beaver Dam
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 0 | 31 | 488 | 110 | 0 |
Occupied Rental Units by Size in Beaver Dam
A large number of apartments in Beaver Dam have two or fewer bedrooms. Seniors and young professionals especially may have more success finding an apartment that meets their needs.
How Much Is Rent in Beaver Dam
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $616 to $1,208. FMRs are updated annually by HUD for every city and county nationwide.
| Bed Size | 2024 Fair Market Rents |
| Studio | $616 |
| One BR | $656 |
| Two BR | $850 |
| Three BR | $1,028 |
| Four BR | $1,208 |
2024 Fair Market Rents in Beaver Dam, Kentucky
How many units are rented at Fair Market Rent (FMR) in Beaver Dam?
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 |
| One BR | 26 | 84 percent |
| Two BR | 352 | 72 percent |
Rental Units Below FMR in Beaver Dam, Kentucky
How many affordable rental units are in Beaver Dam?
There are a variety of federal affordable housing programs serving households in Beaver Dam, Kentucky including the following:
| Federal Program | Unit Count |
| Low Income Housing Tax Credit | |
| Public Housing | |
| USDA Section 515 Rural Rental Housing |
Tracked Units by Federal Program in Beaver Dam, Kentucky
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in Beaver Dam, Kentucky
Beaver Dam features 96 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 Beaver Dam, Kentucky
There are 96 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Beaver Dam.
Housing Choice Vouchers in Beaver Dam, Kentucky
On average, Section 8 Housing Choice vouchers pay Beaver Dam landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Beaver Dam.
The maximum amount a voucher would pay on behalf of a low-income tenant in Beaver Dam, Kentucky for a two-bedroom apartment is between $765 and $935.
Sourced from federal housing data and AffordableHousingOnline.com research.