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Affordable Housing In Carroll County

3 Low Income Apartment Communities In Carroll County

Carrollton Village

298 Village Ln
Carrollton, Kentucky

Carrollton Landmark

254 Landmark Ct
Carrollton, Kentucky

Port Williams Homes

805 Mason St
Carrollton, Kentucky
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Housing Authorities that serve Carroll County

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

Guide To Affordable Housing in Carroll County, Kentucky

There are 3 low income housing apartment communities offering 308 affordable apartments for rent in Carroll County, Kentucky.

Income Based Apartments in Carroll County, Kentucky

Carroll County features 308 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 Carroll County, Kentucky

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

Housing Choice Vouchers in Carroll County, Kentucky

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Carroll County, Kentucky for a two-bedroom apartment is between $580 and $708.

2020 Carroll County, 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 $458 $527 $644 $871 $874
Payment Standard Range $412 to $504 $474 to $580 $580 to $708 $784 to $958 $787 to $961

Sourced from federal housing data and research.

Carroll County, KY Affordable Housing Snapshot

Total Affordable Apartment Properties 3
Total Low Income Apartments 308
Total Housing Units with Rental Assistance 308
Percentage of Housing Units Occupied By Renters 39.22%
Average Renter Household Size 2.65
Average Household Size 2.63
Median Household Income $41,439 ±$2,384
Median Rent $645 ±$44
Percentage Of Renters Overburdened 36.83% ± 8.69pp
Total Population 10,830

Population and Household Demographics

Carroll County is a county in Kentucky with a population of 10,830. There are 3,988 households in the county with an average household size of 2.63 persons. 39.22% of households in Carroll County are renters.

Income and Rent Overburden in Carroll County

The median gross income for households in Carroll County is $41,439 a year, or $3,453 a month. The median rent for the county is $645 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Carroll County, a household making less than $2,150 a month would be considered overburdened when renting an apartment at or above the median rent. 36.83% of households who rent are overburdened in Carroll County.

Area Median Income In Carroll County

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.

In Carroll County, HUD calculates the Area Median Income for a family of four as $51,400

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 Carroll County

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 Carroll County

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

Cities In Carroll County

Select A City to View its Apartment Communities and Waiting Lists.

City Served By
Carrollton The HUD funded Public Housing Agencies that serve Carrollton are the Housing Authority of Carrollton and Kentucky Housing Corporation.
Ghent The HUD funded Public Housing Agency that serves Ghent is the Kentucky Housing Corporation.
Prestonville The HUD funded Public Housing Agency that serves Prestonville is the Kentucky Housing Corporation.
Sanders The HUD funded Public Housing Agency that serves Sanders is the Kentucky Housing Corporation.
Worthville The HUD funded Public Housing Agency that serves Worthville is the Kentucky Housing Corporation.