Low Income Apartments and Affordable Housing For Rent in Calvert City, KY

Discover affordable housing in Calvert City where there are 3+ 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.

Cox Manor Apartments

2 Cox Manor Dr, Calvert City, Kentucky 42029

Calvert City Apts

594 Cedar St, Calvert City, Kentucky

Hawthorne Apartments : Rental

1143 6th Ave, Calvert City, Kentucky 42029

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Calvert City, Kentucky
$17.75/hour
$10.50 (+145%) more than Kentucky minimum wage and $10.50 (+145%) more than the Federal minimum wage.
Learn More About Calvert City, Kentucky Affordable Housing ↓

What HUD offices serve Calvert City, 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 Calvert City, Kentucky.

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

How many renters live in Calvert City, Kentucky?

The City of Calvert City has 2,524 people living in 1,054 households.

There are 888 renters living in 475 renter households in this City. Renters make up 35.18 percent of the population living in Calvert City.

What is the rental market like in Calvert City, Kentucky?

There are an estimated 1,232 housing units in the Calvert City area. Of these, 475 units are rental homes, making up 39 percent of the housing market. For every renter household in Calvert City, Kentucky, there are 1 rental units.

What is the vacancy rate for rentals in Calvert City?

The rental vacancy rate in Calvert City is 0 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 Calvert City for each bedroom size?

Occupied Rental Units by Size in Calvert City
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
4 57 195 219 0
Occupied Rental Units by Size in Calvert City

A large number of apartments in Calvert City 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 Calvert City are overburdened by housing costs?

Among renter households in this market, 68 percent have housing cost burden. Further, 15 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 Calvert City

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $679 to $1,565. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $679
One BR $780
Two BR $937
Three BR $1,133
Four BR $1,565
2024 Fair Market Rents in Calvert City, Kentucky

How many units are rented at Fair Market Rent (FMR) in Calvert City?

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 4 100 percent
One BR 40 70 percent
Two BR 154 79 percent
Rental Units Below FMR in Calvert City, Kentucky

How many affordable rental units are in Calvert City?

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

Federal Program Unit Count
Public Housing 19
Section 8 Project-Based Rental Assistance 24
Tracked Units by Federal Program in Calvert City, Kentucky

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

Income Based Apartments in Calvert City, Kentucky

Calvert City features 50 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 Calvert City, Kentucky

There are 6 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Calvert City.

Housing Choice Vouchers in Calvert City, Kentucky

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Calvert City, Kentucky for a two-bedroom apartment is between $843 and $1,031.

Sourced from federal housing data and AffordableHousingOnline.com research.