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Affordable Housing In Campton
Wolfe County, Kentucky

3 Low Income Apartment Communities In Campton

Eagleview Apartments

42 Eagleview Apt Rd
Campton, Kentucky

Campton Methodist Housing I

480 Old Kentucky 15
Campton, Kentucky
Subsidized

Campton Square Apartments

540 Old Kentucky 15
Campton, Kentucky
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Housing Authorities that serve Campton

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

Guide To Affordable Housing in Campton, Kentucky

There are 3 low income housing apartment communities offering 112 affordable apartments for rent in Campton, Kentucky.

Income Based Apartments in Campton, Kentucky

Campton features 48 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 Campton, Kentucky

There are 64 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Campton.

Housing Choice Vouchers in Campton, Kentucky

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

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

2020 Campton, 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 $448 $479 $631 $841 $1,068
Payment Standard Range $403 to $493 $431 to $527 $568 to $694 $757 to $925 $961 to $1,175

Sourced from federal housing data and AffordableHousingOnline.com research.

Campton, KY Affordable Housing Snapshot

Total Affordable Apartment Properties 3
Total Low Income Apartments 112
Total Housing Units with Rental Assistance 48
Percentage of Housing Units Occupied By Renters 58.75%
Average Renter Household Size 2.51
Average Household Size 2.39
Median Household Income $15,357 ±$4,655
Median Rent $572 ±$119
Percentage Of Renters Overburdened 40.43% ± 20.84pp
Total Population 574

Population and Household Demographics

Campton is a city in Wolfe County, Kentucky with a population of 574. There are 240 households in the city with an average household size of 2.39 persons. 58.75% of households in Campton are renters.

Income and Rent Overburden in Campton

The median gross income for households in Campton is $15,357 a year, or $1,280 a month. The median rent for the city is $572 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Campton, a household making less than $1,907 a month would be considered overburdened when renting an apartment at or above the median rent. 40.43% of households who rent are overburdened in Campton.

Area Median Income In Campton

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 Campton, the AMI is calculated from all households within Wolfe County.

In Campton, HUD calculates the Area Median Income for a family of four as $35,200

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 Campton

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 Campton

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