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

Discover affordable housing in Calloway County where there are 21+ 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.

Purchase Community Housing Dev. Corp.

1408 Diuguid Dr, Murray, Kentucky 42071

How To Identify Affordable Housing in Calloway County, Kentucky

Look for program and preference badges on affordable apartment listings. These badges can help you identify the types of low income housing each apartment offers and if you may be eligbile for rental assistance or reduced rents.

Badge Description
switch_access_shortcut Short Wait
Low income apartments with no or short waiting lists.
payment Subsidized
Low income housing where the rent is subsidized and the renter pays only a portion of total rent.
real_estate_agent Accepts Vouchers
Apartments that accept Section 8 vouchers near you
elderly Senior
Rental housing for seniors who are 55 (or sometimes 62) and older.
payment Income Based
Affordable apartments where the rent paid is based on renter income.
accessibility Accessible
Meets Accessibilty Requirements of the Fair Housing Act, the ADA, or HUD policy.
accessible_forward Disability
Apartments for individuals or families with disabilities.
real_estate_agent Naturally Affordable
Naturally Occuring Affordable Housing - or NOAH - is any housing unit that offers affordable rent without participating in a rent subsidy program.
The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Calloway County, Kentucky
$20.15/hour
$12.90 (+178%) more than Kentucky minimum wage and $12.90 (+178%) more than the Federal minimum wage.
Learn More About Calloway County, Kentucky Affordable Housing ↓

What HUD offices serve Calloway 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 Calloway County, Kentucky.

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

How many renters live in Calloway County, Kentucky?

The County of Calloway County has people living in households.

There are renters living in renter households in this County. Renters make up 28.78 percent of the population living in Calloway County.

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

There are an estimated housing units in the Calloway County area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Calloway County, Kentucky, there are 1.1 rental units.

What is the vacancy rate for rentals in Calloway County?

The rental vacancy rate in Calloway County is 7 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 Calloway County for each bedroom size?

Occupied Rental Units by Size in Calloway County
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
118 1,435 1,919 1,525 247
Occupied Rental Units by Size in Calloway County

A large number of apartments in Calloway County 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 Calloway County

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $778 to $1,417. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $778
One BR $810
Two BR $1,064
Three BR $1,287
Four BR $1,417
2024 Fair Market Rents in Calloway County, Kentucky

How many units are rented at Fair Market Rent (FMR) in Calloway 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 118 100 percent
One BR 1,064 74 percent
Two BR 1,146 60 percent
Rental Units Below FMR in Calloway County, Kentucky

How many affordable rental units are in Calloway County?

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

Federal Program Unit Count
Low Income Housing Tax Credit
Public Housing
Section 202 Supportive Housing for the Elderly
USDA Section 515 Rural Rental Housing
Tracked Units by Federal Program in Calloway County, Kentucky

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

Income Based Apartments in Calloway County, Kentucky

Calloway County features 400 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 Calloway County, Kentucky

There are 95 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Calloway County.

Housing Choice Vouchers in Calloway County, Kentucky

On average, Section 8 Housing Choice vouchers pay Calloway County landlords $700 per month towards rent. The average voucher holder contributes $300 towards rent in Calloway County.

The maximum amount a voucher would pay on behalf of a low-income tenant in Calloway County, Kentucky for a two-bedroom apartment is between $958 and $1,170.

Sourced from federal housing data and AffordableHousingOnline.com research.

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