What HUD offices serve Perry 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.
Go to the Kentucky Public Housing and Low-Income Apartments Waiting Lists page for openings near Perry County.
How many renters live in Perry County, Kentucky?
The County of Perry County has 28,136 people living in 11,279 households.
There are 7,477 renters living in 2,738 renter households in this County. Renters make up 26.57 percent of the population living in Perry County.
What is the rental market like in Perry County, Kentucky?
There are an estimated 13,226 housing units in the Perry County area. Of these, 3,046 units are rental homes, making up 23 percent of the housing market. For every renter household in Perry County, Kentucky, there are 1 rental units.
What is the vacancy rate for rentals in Perry County?
The rental vacancy rate in Perry County is 10 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 Perry County for each bedroom size?
Occupied Rental Units by Size in Perry County
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 9 | 541 | 1,116 | 765 | 307 |
Occupied Rental Units by Size in Perry County
A large number of apartments in Perry 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 Perry County are overburdened by housing costs?
Among renter households in this market, 40 percent have housing cost burden. Further, 16 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 Perry County
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $676 to $1,245. FMRs are updated annually by HUD for every city and county nationwide.
| Bed Size | 2024 Fair Market Rents |
| Studio | $676 |
| One BR | $710 |
| Two BR | $933 |
| Three BR | $1,128 |
| Four BR | $1,245 |
2024 Fair Market Rents in Perry County, Kentucky
How many units are rented at Fair Market Rent (FMR) in Perry 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 | 9 | 100 percent |
| One BR | 369 | 68 percent |
| Two BR | 701 | 63 percent |
Rental Units Below FMR in Perry County, Kentucky
How many affordable rental units are in Perry County?
There are a variety of federal affordable housing programs serving households in Perry County, Kentucky including the following:
| Federal Program | Unit Count |
| Low Income Housing Tax Credit | 12 |
| Public Housing | 273 |
| Section 8 Project-Based Rental Assistance | 97 |
| Mod Rehab Project-Based Rental Assistance | 3 |
| Section 811 Supportive Housing for Persons with Disabilities | 1 |
| USDA Section 515 Rural Rental Housing | 112 |
Tracked Units by Federal Program in Perry County, Kentucky
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in Perry County, Kentucky
Perry County features 439 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 Perry County, Kentucky
There are 54 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Perry County.
Housing Choice Vouchers in Perry County, Kentucky
On average, Section 8 Housing Choice vouchers pay Perry County landlords $700 per month towards rent. The average voucher holder contributes $200 towards rent in Perry County.
The maximum amount a voucher would pay on behalf of a low-income tenant in Perry County, Kentucky for a two-bedroom apartment is between $840 and $1,026.
Sourced from federal housing data and AffordableHousingOnline.com research.
