Low Income Apartments and Affordable Housing For Rent in Catlettsburg, KY

Discover affordable housing in Catlettsburg where there are 1+ housing opportunities based on income and household needs like accessible units for seniors or persons with disabilities. Find and apply to these low income apartments now.

Grandview Manor

210 24th St, Catlettsburg, Kentucky 41129

calendar_today Opened: Sep 20
Open Until Further Notice

Reported On February 23rd, 2024 by Nathan Brunet

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Catlettsburg, Kentucky
$17.77/hour
$10.52 (+145%) more than Kentucky minimum wage and $10.52 (+145%) more than the Federal minimum wage.
Learn More About Catlettsburg, Kentucky Affordable Housing ↓

What HUD offices serve Catlettsburg, 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.

Operates the Section 8 Housing Choice Voucher (HCV) programs for Catlettsburg, Kentucky.

Go to the Kentucky Public Housing and Low-Income Apartments Waiting Lists page for openings near Catlettsburg.

How many renters live in Catlettsburg, Kentucky?

The City of Catlettsburg has 1,782 people living in 741 households.

There are 695 renters living in 363 renter households in this City. Renters make up 39 percent of the population living in Catlettsburg.

What is the rental market like in Catlettsburg, Kentucky?

There are an estimated 931 housing units in the Catlettsburg area. Of these, 373 units are rental homes, making up 40 percent of the housing market. For every renter household in Catlettsburg, Kentucky, there are 1 rental units.

What is the vacancy rate for rentals in Catlettsburg?

The rental vacancy rate in Catlettsburg is 2 percent. This is a lower than average vacancy rate. When rental vacancy rates are low there are fewer available units. Rents tend to be higher as more people compete for scarce housing.

How many rental units are in Catlettsburg for each bedroom size?

Occupied Rental Units by Size in Catlettsburg
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
34 119 121 62 8
Occupied Rental Units by Size in Catlettsburg

A large number of apartments in Catlettsburg have two or fewer bedrooms. Seniors and young professionals especially may have more success finding an apartment that meets their needs.

How many renter households in Catlettsburg are overburdened by housing costs?

Among renter households in this market, 38 percent have housing cost burden. Further, 9 percent of households are extremely rent overburdened. When renters pay too much for their housing, it leaves little money for other necessities like food, clothes, or medicine.

The federal government says that renters are cost-burdened if they pay more than a third of their monthly income for rent and utilities.

How Much Is Rent in Catlettsburg

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $793 to $1,431. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $793
One BR $815
Two BR $938
Three BR $1,236
Four BR $1,431
2024 Fair Market Rents in Catlettsburg, Kentucky

How many units are rented at Fair Market Rent (FMR) in Catlettsburg?

Renters with a Section 8 Housing Choice Voucher must select a home that is at or below the area’s Fair Market Rent. Markets with a large share of units above FMR tend to have longer search times to find a qualified unit, while those with a large share of units below FMR tend to have more choices and shorter search times. The share below FMR can vary by size of unit, as shown in the table below.

These are the approximate number of units renting below the FMR in this market:

Unit Size Count of Units Below FMR Percentage of Total Units Below FMR
Studio 27 79 percent
One BR 115 97 percent
Two BR 106 88 percent
Rental Units Below FMR in Catlettsburg, Kentucky

How many affordable rental units are in Catlettsburg?

There are a variety of federal affordable housing programs serving households in Catlettsburg, Kentucky including the following:

Federal Program Unit Count
Public Housing 149
Tracked Units by Federal Program in Catlettsburg, Kentucky

Rental units may be funded in part by multiple federal programs.

Income Based Apartments in Catlettsburg, Kentucky

Catlettsburg features 149 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 Catlettsburg, Kentucky

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

Housing Choice Vouchers in Catlettsburg, Kentucky

On average, Section 8 Housing Choice vouchers pay Catlettsburg landlords $500 per month towards rent. The average voucher holder contributes $300 towards rent in Catlettsburg.

The maximum amount a voucher would pay on behalf of a low-income tenant in Catlettsburg, Kentucky for a two-bedroom apartment is between $844 and $1,032.

Sourced from federal housing data and AffordableHousingOnline.com research.