Affordable Housing In Boyd County

12 Low Income Apartment Communities In Boyd County

Ashland Terrace

3100 Roberts Dr
Ashland, KY
1-4 BR

Harbor Hill Apartments

Landsdowne Dr
Ashland, KY
Call For Rent
1-3 BR
HCV Welcome

Ahp, Inc

2115 Moore St
Ashland, KY
Disabled Supportive Housing

Gla - Low II Apartments

1201 Stella Dr
Ashland, KY

Evergreen Square Pollard Place

451 Marcia St
Ashland, KY
HCV Welcome

Bruce I

1709 Clements Dr
Ashland, KY

Hillcrest Apartments

215 Carl Perkins Dr
Ashland, KY

Gla - Low I Apartments

1200 Stella Dr
Ashland, KY

Unity Square

506 9th St
Ashland, KY
Elderly Supportive Housing

Grandview Manor

210 24th St
Catlettsburg, KY

Housing Authorities that serve Boyd County

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

Other Housing Authorities located in Boyd County

Housing Authority Programs
Housing Authority of Catlettsburg Public Housing
Housing Authority of Ashland Public Housing

Guide To Affordable Housing in Boyd County, Kentucky

There are 12 low income housing apartment communities offering 1,254 affordable apartments for rent in Boyd County, Kentucky. Boyd County features 1,220 low income apartments with rental assistance where households typically pay no more than 30% of their income towards rent. Additionally, there are 34 other low income apartments that don't provide direct rental assistance but remain affordable to low income households in Boyd County.

Sourced from federal housing data and research.

Boyd County, KY Affordable Housing Snapshot

Total Affordable Apartment Properties 12
Total Low Income Apartments 1,254
Total Housing Units with Rental Assistance 1,220
Percentage of Housing Units Occupied By Renters 29.76%
Average Renter Household Size 2.42
Average Household Size 2.41
Median Household Income $42,319 ±$2,715
Median Rent $625 ±$28
Percentage Of Renters Overburdened 43.2% ± 4.85pp
Total Population 48,917

Population and Household Demographics

Boyd County is a County in Kentucky with a population of 48,917. There are 19,383 households in the county with an average household size of 2.41 persons. 29.76% of households in Boyd County are renters.

Income and Rent Overburden in Boyd County

The median gross income for households in Boyd County is $42,319 a year, or $3,527 a month. The median rent for the county is $625 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Boyd County, a household making less than $2,083 a month would be considered overburdened when renting an apartment at or above the median rent. 43.2% of households who rent are overburdened in Boyd County.1

Area Median Income In Boyd 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 Boyd County, HUD calculates the Area Median Income for a family of four as $56,400

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 Boyd 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 Boyd County HUD Rental Assistance in Boyd County

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $12,490 $16,910 $21,330 $25,750 $30,170 $32,750 $35,000 $37,250
50% of Median $19,750 $22,600 $25,400 $28,200 $30,500 $32,750 $35,000 $37,250
80% of Median $31,600 $36,100 $40,600 $45,100 $48,750 $52,350 $55,950 $59,550
Fair Market Rents in Boyd County

Fair Market Rents, often abbreviated as FMR, can be used to better understand the average housing costs of an area. Notably, Fair Market Rents are used to establish the payment standards for the Housing Choice Voucher Program, maximum rents in HOME financed rental projects and initial rents for Section 8 project based assistance.

2020 Fair Market Rents
Studio One BR Two BR Three BR Four BR
$553 $669 $808 $1,086 $1,278

Cities In Boyd County

Select A City to View its Apartment Communities and Waiting Lists.

City Listings Served By
Ashland 11 The HUD funded Public Housing Agencies that serve Ashland are the Housing Authority of Ashland and Ashland Assisted Housing Authority.
Westwood 0 The HUD funded Public Housing Agency that serves Westwood is the Ashland Assisted Housing Authority.
Cannonsburg 0 The HUD funded Public Housing Agency that serves Cannonsburg is the Ashland Assisted Housing Authority.
Catlettsburg 1 The HUD funded Public Housing Agency that serves Catlettsburg is the Ashland Assisted Housing Authority.