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Affordable Housing In Carter County

8 Low Income Apartment Communities In Carter County

Sawgrass Greene

100 Sawgrass Ln
Grayson, Kentucky
1-4 BR

Poplar Plains Apartments

420 McDavid Blvd
Grayson, Kentucky
Call For Rent
2-3 BR
Accepts Vouchers

Cold Springs Townhomes

131 S. Cold Springs Road
Olive Hill, Kentucky

Hydreco Apartments

501 Tygart St
Olive Hill, Kentucky

Friendship House - Grayson

174 Everman St
Grayson, Kentucky
Elderly Supportive Housing

Chapel House - Grayson

200 Everman St
Grayson, Kentucky
Elderly Supportive Housing

Townhomes of Grayson

512 Robert and Mary St
Grayson, Kentucky
Accepts Vouchers

Sawgrass Greene

110 Sawgrass Ln
Grayson, Kentucky
Accepts Vouchers
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Housing Authorities that serve Carter County

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

Other Housing Authorities located in Carter County

Housing Authority Programs
Housing Authority of Olive Hill Public Housing

Guide To Affordable Housing in Carter County, Kentucky

There are 8 low income housing apartment communities offering 313 affordable apartments for rent in Carter County, Kentucky.

Income Based Apartments in Carter County, Kentucky

Carter County features 173 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 Carter County, Kentucky

There are 140 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Carter County.

Housing Choice Vouchers in Carter County, Kentucky

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

Sourced from federal housing data and research.

Carter County, KY Affordable Housing Snapshot

Total Affordable Apartment Properties 8
Total Low Income Apartments 313
Total Housing Units with Rental Assistance 173
Percentage of Housing Units Occupied By Renters 21.98%
Average Renter Household Size 2.36
Average Household Size 2.54
Median Household Income $36,696 ±$2,216
Median Rent $559 ±$30
Percentage Of Renters Overburdened 36.7% ± 6.49pp
Total Population 27,326

Population and Household Demographics

Carter County is a County in Kentucky with a population of 27,326. There are 10,487 households in the county with an average household size of 2.54 persons. 21.98% of households in Carter County are renters.

Income and Rent Overburden in Carter County

The median gross income for households in Carter County is $36,696 a year, or $3,058 a month. The median rent for the county is $559 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Carter County, a household making less than $1,863 a month would be considered overburdened when renting an apartment at or above the median rent. 36.7% of households who rent are overburdened in Carter County.1

Area Median Income In Carter 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 Carter County, HUD calculates the Area Median Income for a family of four as $46,600

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 Carter 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 Carter County

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $12,490 $16,910 $21,330 $25,600 $27,650 $29,700 $31,750 $33,800
50% of Median $17,950 $20,500 $23,050 $25,600 $27,650 $29,700 $31,750 $33,800
80% of Median $28,700 $32,800 $36,900 $40,950 $44,250 $47,550 $50,800 $54,100

Cities In Carter County

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

City Listings Served By
Grayson 6 The HUD funded Public Housing Agency that serves Grayson is the Kentucky Housing Corporation.
Olive Hill 2 The HUD funded Public Housing Agencies that serve Olive Hill are the Housing Authority of Olive Hill and Kentucky Housing Corporation.