What HUD offices serve Butler, 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 Butler.
How many renters live in Butler, Kentucky?
The City of Butler has people living in households.
There are renters living in renter households in this City. Renters make up 46.65 percent of the population living in Butler.
What is the rental market like in Butler, Kentucky?
There are an estimated housing units in the Butler area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Butler, Kentucky, there are 1.37 rental units.
What is the vacancy rate for rentals in Butler?
The rental vacancy rate in Butler 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 Butler for each bedroom size?
Occupied Rental Units by Size in Butler
Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
---|---|---|---|---|
0 | 22 | 90 | 3 | 7 |
Occupied Rental Units by Size in Butler
A large number of apartments in Butler 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 Butler
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $810 to $1,766. FMRs are updated annually by HUD for every city and county nationwide.
Bed Size | 2024 Fair Market Rents |
Studio | $810 |
One BR | $919 |
Two BR | $1,195 |
Three BR | $1,588 |
Four BR | $1,766 |
2024 Fair Market Rents in Butler, Kentucky
How many units are rented at Fair Market Rent (FMR) in Butler?
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 | 10 | 45 percent |
Two BR | 87 | 97 percent |
Rental Units Below FMR in Butler, Kentucky
How many affordable rental units are in Butler?
There are a variety of federal affordable housing programs serving households in Butler, Kentucky including the following:
Federal Program | Unit Count |
Low Income Housing Tax Credit |
Tracked Units by Federal Program in Butler, Kentucky
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in Butler, Kentucky
Butler features 20 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 Butler, Kentucky
There are 10 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Butler.
Housing Choice Vouchers in Butler, Kentucky
On average, Section 8 Housing Choice vouchers pay Butler landlords $600 per month towards rent. The average voucher holder contributes $300 towards rent in Butler.
The maximum amount a voucher would pay on behalf of a low-income tenant in Butler, Kentucky for a two-bedroom apartment is between $1,076 and $1,315.
Sourced from federal housing data and AffordableHousingOnline.com research.