Low Income Apartments and Affordable Housing For Rent in Marion County, KY

Discover affordable housing in Marion County where there are 6+ housing opportunities based on income and household needs like accessible units for seniors or persons with disabilities. Find and apply to these low income apartments now.

Lebanon Townhome Apartments

580 Valley View Court, Lebanon, Kentucky 40033

Maple Street Apartments

555 Maple Street, Lebanon, Kentucky 40033

Marion Centennial Apartments

560 Maple St, Lebanon, Kentucky 40033

Lincoln View Housing

101 W Walnut St, Lebanon, Kentucky 40033

Hamilton - Warren - Memory L

100 Sunset Ter, Lebanon, Kentucky 40033

Hamilton - Warren - Memory L

103 Rosenwald Vlg, Lebanon, Kentucky 40033

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Marion County, Kentucky
$16.42/hour
$9.17 (+126%) more than Kentucky minimum wage and $9.17 (+126%) more than the Federal minimum wage.
Learn More About Marion County, Kentucky Affordable Housing ↓

What HUD offices serve Marion County, 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.

Operates the Section 8 Housing Choice Voucher (HCV) programs for Marion County, Kentucky.

Go to the Kentucky Public Housing and Low-Income Apartments Waiting Lists page for openings near Marion County.

How many renters live in Marion County, Kentucky?

The County of Marion County has 19,627 people living in 7,588 households.

There are 4,536 renters living in 1,991 renter households in this County. Renters make up 23.11 percent of the population living in Marion County.

What is the rental market like in Marion County, Kentucky?

There are an estimated 8,381 housing units in the Marion County area. Of these, 2,087 units are rental homes, making up 25 percent of the housing market. For every renter household in Marion County, Kentucky, there are 1 rental units.

What is the vacancy rate for rentals in Marion County?

The rental vacancy rate in Marion County is 2 percent. This is a lower than average vacancy rate. When rental vacancy rates are low there are fewer available units. Rents tend to be higher as more people compete for scarce housing.

How many rental units are in Marion County for each bedroom size?

Occupied Rental Units by Size in Marion County
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
165 343 587 814 67
Occupied Rental Units by Size in Marion County

A large number of apartments in Marion County have two or fewer bedrooms. Seniors and young professionals especially may have more success finding an apartment that meets their needs.

How many renter households in Marion County are overburdened by housing costs?

Among renter households in this market, 43 percent have housing cost burden. Further, 13 percent of households are extremely rent overburdened. When renters pay too much for their housing, it leaves little money for other necessities like food, clothes, or medicine.

The federal government says that renters are cost-burdened if they pay more than a third of their monthly income for rent and utilities.

How Much Is Rent in Marion County

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $656 to $1,155. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $656
One BR $660
Two BR $867
Three BR $1,052
Four BR $1,155
2024 Fair Market Rents in Marion County, Kentucky

How many units are rented at Fair Market Rent (FMR) in Marion County?

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
Studio 146 88 percent
One BR 254 74 percent
Two BR 418 71 percent
Rental Units Below FMR in Marion County, Kentucky

How many affordable rental units are in Marion County?

There are a variety of federal affordable housing programs serving households in Marion County, Kentucky including the following:

Federal Program Unit Count
Public Housing 210
Section 8 Project-Based Rental Assistance 74
Section 202 Supportive Housing for the Elderly 28
USDA Section 515 Rural Rental Housing 48
Tracked Units by Federal Program in Marion County, Kentucky

Rental units may be funded in part by multiple federal programs.

Income Based Apartments in Marion County, Kentucky

Marion County features 254 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 Marion County, Kentucky

There are 92 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Marion County.

Housing Choice Vouchers in Marion County, Kentucky

On average, Section 8 Housing Choice vouchers pay Marion County landlords $400 per month towards rent. The average voucher holder contributes $300 towards rent in Marion County.

The maximum amount a voucher would pay on behalf of a low-income tenant in Marion County, Kentucky for a two-bedroom apartment is between $780 and $954.

Sourced from federal housing data and AffordableHousingOnline.com research.