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Affordable Housing In Carlisle
Nicholas County, Kentucky

3 Low Income Apartment Communities In Carlisle

Green Valley Apartments

149 Green Valley Rd
Carlisle, Kentucky
Income Based
1-2 BR

City View Apartments

111 School Ave
Carlisle, Kentucky

Nicholas Square Apt

327 North Street
Carlisle, Kentucky
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Housing Authorities that serve Carlisle

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

Guide To Affordable Housing in Carlisle, Kentucky

There are 3 low income housing apartment communities offering 103 affordable apartments for rent in Carlisle, Kentucky.

Income Based Apartments in Carlisle, Kentucky

Carlisle features 103 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 Carlisle, Kentucky

There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Carlisle.

Housing Choice Vouchers in Carlisle, Kentucky

On average, Section 8 Housing Choice vouchers pay Carlisle landlords $500 per month towards rent. The average voucher holder contributes $200 towards rent in Carlisle.

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

2020 Carlisle, 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 $853 $856
Payment Standard Range $403 to $493 $431 to $527 $568 to $694 $768 to $938 $770 to $942

Sourced from federal housing data and research.

Carlisle, KY Affordable Housing Snapshot

Total Affordable Apartment Properties 3
Total Low Income Apartments 103
Total Housing Units with Rental Assistance 103
Percentage of Housing Units Occupied By Renters 41.49%
Average Renter Household Size 2.43
Average Household Size 2.20
Median Household Income $26,607 ±$4,085
Median Rent $540 ±$74
Percentage Of Renters Overburdened 48.4% ± 17.21pp
Total Population 2,163

Population and Household Demographics

Carlisle is a city in Nicholas County, Kentucky with a population of 2,163. There are 981 households in the city with an average household size of 2.20 persons. 41.49% of households in Carlisle are renters.

Income and Rent Overburden in Carlisle

The median gross income for households in Carlisle is $26,607 a year, or $2,217 a month. The median rent for the city is $540 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Carlisle, a household making less than $1,800 a month would be considered overburdened when renting an apartment at or above the median rent. 48.4% of households who rent are overburdened in Carlisle.

Area Median Income In Carlisle

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 Carlisle, the AMI is calculated from all households within Nicholas County.

In Carlisle, HUD calculates the Area Median Income for a family of four as $54,500

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 Carlisle

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 Carlisle

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 $29,450 $31,650 $33,800 $36,000
50% of Median $19,100 $21,800 $24,550 $27,250 $29,450 $31,650 $33,800 $36,000
80% of Median $30,550 $34,900 $39,250 $43,600 $47,100 $50,600 $54,100 $57,600