Affordable Housing In Carrollton
Carroll County, Kentucky

3 Low Income Apartment Communities In Carrollton

Carrollton Village

298 Village Ln
Carrollton, Kentucky
Subsidized

Carrollton Landmark

254 Landmark Ct
Carrollton, Kentucky
Subsidized

Port Williams Homes

805 Mason St
Carrollton, Kentucky
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Section 8 Vouchers, Apartments, and Waiting Lists in Carrollton, 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.

Households who qualify for these programs may also qualify for Project-Based Section 8, which contributes rental assistance payments directly to private landlords on behalf of low-income tenants. Eligibility for the project-based program is similar to the voucher programs, but waiting list and application policies will vary depending on the landlord.

Public Housing Agencies Serving Carrollton, Kentucky

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

Guide To Affordable Housing in Carrollton, Kentucky

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

Income Based Apartments in Carrollton, Kentucky

Carrollton 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 Carrollton, Kentucky

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

Housing Choice Vouchers in Carrollton, Kentucky

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Carrollton, Kentucky for a two-bedroom apartment is between $607 and $741.

2022 Carrollton, 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
Carrollton, Kentucky Fair Market Rent $482 $592 $674 $957 $1,047
Carrollton, Kentucky Payment Standard Range $434 to $530 $533 to $651 $607 to $741 $861 to $1,053 $942 to $1,152

Sourced from federal housing data and AffordableHousingOnline.com research.

Carrollton, 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 57.04%
Average Renter Household Size 2.43
Average Household Size 2.32
Median Household Income $39,784 ±$6,811
Median Rent $606 ±$41
Percentage Of Renters Overburdened 36.96% ± 13.16pp
Total Population 3,933

Population and Household Demographics

Carrollton is a city in Carroll County, Kentucky with a population of 3,933. There are 1,627 households in the city with an average household size of 2.32 persons. 57.04% of households in Carrollton are renters.

Income and Rent Overburden in Carrollton

The median gross income for households in Carrollton is $39,784 a year, or $3,315 a month. The median rent for the city is $606 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Carrollton, a household making less than $2,020 a month would be considered overburdened when renting an apartment at or above the median rent. 36.96% of households who rent are overburdened in Carrollton.

Area Median Income In Carrollton

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 Carrollton, the AMI is calculated from all households within Carroll County.

In Carrollton, HUD calculates the Area Median Income for a family of four as $52,800

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 Carrollton

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 Carrollton

1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% AMI Income Limits
Renters earning up to 30% of the Carrollton AMI may qualify for rental assistance programs that target Extremely Low Income households.
$12,880 $17,420 $21,960 $26,500 $29,350 $31,500 $33,700 $35,850
50% AMI Income Limits
Renters earning up to 50% of the Carrollton AMI may qualify for rental assistance programs that target Very Low Income households.
$19,050 $21,750 $24,450 $27,150 $29,350 $31,500 $33,700 $35,850
80% AMI Income Limits
Renters earning up to 80% of the Carrollton AMI may qualify for rental assistance programs that target Low Income households.
$30,450 $34,800 $39,150 $43,450 $46,950 $50,450 $53,900 $57,400