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Affordable Housing In Brodhead
Rockcastle County, Kentucky

3 Low Income Apartment Communities In Brodhead

Castle Village

90 Castle Village Dr
Brodhead, Kentucky

Brodhead Elderly

Rr 1
Brodhead, Kentucky

Brodhead Elderly Apartments

RR 1 Box 10
Brodhead, Kentucky
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Housing Authorities that serve Brodhead

Housing Authority Programs
Kentucky Housing Corporation Section 8 Housing Choice Voucher (HCV)

Guide To Affordable Housing in Brodhead, Kentucky

There are 3 low income housing apartment communities offering 118 affordable apartments for rent in Brodhead, Kentucky.

Income Based Apartments in Brodhead, Kentucky

Brodhead features 94 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 Brodhead, Kentucky

There are 24 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Brodhead.

Housing Choice Vouchers in Brodhead, Kentucky

On average, Section 8 Housing Choice vouchers pay Brodhead landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Brodhead.

The maximum amount a voucher would pay on behalf of a low-income tenant in Brodhead, Kentucky for a two-bedroom apartment is between $568 and $694.

2020 Brodhead, 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 $476 $479 $631 $854 $940
Payment Standard Range $428 to $524 $431 to $527 $568 to $694 $769 to $939 $846 to $1,034

Sourced from federal housing data and research.

Brodhead, KY Affordable Housing Snapshot

Total Affordable Apartment Properties 3
Total Low Income Apartments 118
Total Housing Units with Rental Assistance 94
Percentage of Housing Units Occupied By Renters 54.94%
Average Renter Household Size 2.35
Average Household Size 2.41
Median Household Income $20,379 ±$4,416
Median Rent $534 ±$46
Percentage Of Renters Overburdened 53.24% ± 12.74pp
Total Population 1,324

Population and Household Demographics

Brodhead is a city in Rockcastle County, Kentucky with a population of 1,324. There are 506 households in the city with an average household size of 2.41 persons. 54.94% of households in Brodhead are renters.

Income and Rent Overburden in Brodhead

The median gross income for households in Brodhead is $20,379 a year, or $1,698 a month. The median rent for the city is $534 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Brodhead, a household making less than $1,780 a month would be considered overburdened when renting an apartment at or above the median rent. 53.24% of households who rent are overburdened in Brodhead.

Area Median Income In Brodhead

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.

HUD often uses an area larger than a city to determine the AMI because HUD anticipates those searching for housing will look beyond individual cities during their housing search. For Brodhead, the AMI is calculated from all households within Rockcastle County.

In Brodhead, HUD calculates the Area Median Income for a family of four as $50,900

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 Brodhead

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 Brodhead

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