Affordable Housing In Clark County

13 Low Income Apartment Communities In Clark County

Oliver School Apartments

Oliver St
Winchester, KY
Call For Rent
1-3 BR
HCV Welcome

Westwood Apartments

900 Westwood Dr
Winchester, KY

Beverly P White Towers

4 N Maple St
Winchester, KY

Brown Proctor Apartments

108 S Main St
Winchester, KY
HCV Welcome

Yeiser Industrial Park

4851 Rockwell Road
Winchester, KY

Burchwood of Berea

50 N Main St
Winchester, KY
Elderly Supportive Housing

Andover Estates ( Fka Winchester S F. Homes )

Andover & Whitney Sts
Winchester, KY
HCV Welcome

Smith P. Kerr Building

N Main St
Winchester, KY
HCV Welcome

Fort Estill Subdivision

Buffalo Trace
Winchester, KY
HCV Welcome

Winchester Hills Apartments I

200 Hubbard Rd
Winchester, KY
HCV Welcome

There are 13 low income housing apartment complexes which contain 811 affordable apartments for rent in Clark County. Many of these rental apartments are income based housing with 656 apartments that set rent based on your income. In Clark County, HUD housing programs support 235 rental assistance apartments through programs like Project-based Section 8. There are 155 other low income apartments that don't have rental assistance but are cheaper than market rate rents.

Housing Authorities that serve Clark County

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

Other Housing Authorities located in Clark County

Housing Authority Programs
Housing Authority of Winchester Public Housing

Guide To Affordable Housing in Clark County, Kentucky

Clark County, KY Affordable Housing Snapshot

Total Affordable Apartment Properties 13
Total Low Income Apartments 811
Total Rent Assisted Apartments 656
Percentage of Housing Units Occupied By Renters 35.84%
Average Renter Household Size 2.44
Total Population 35,657
Housing Units 14,173
Average Household Size 2.49
Median Household Income $47,959 ±$2,888
Median Rent $698 ±$31
Percentage Of Renters Overburdened 41.7% ± 5.8pp

Population and Household Demographics

Clark County is a County in Kentucky with a population of 35,657. There are 14,173 households in the county with an average household size of 2.49 persons. 35.84% of households in Clark County are renters.

Income and Rent Overburden in Clark County

The median gross income for households in Clark County is $47,959 a year, or $3,997 a month. The median rent for the county is $698 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Clark County, a household making less than $2,327 a month would be considered overburdened when renting an apartment at or above the median rent. 41.7% of households who rent are overburdened in Clark County.1

Area Median Income In Clark 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 Clark County, HUD calculates the Area Median Income for a family of four as $74,500

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 Clark 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 Clark County HUD Rental Assistance in Clark County

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $15,650 $17,900 $21,330 $25,750 $30,170 $34,590 $39,010 $43,430
50% of Median $26,100 $29,800 $33,550 $37,250 $40,250 $43,250 $46,200 $49,200
80% of Median $41,750 $47,700 $53,650 $59,600 $64,400 $69,150 $73,950 $78,700
Low Income Housing Tax Credits in Clark County

The Low-Income Housing Tax Credit (LIHTC) program aims to create affordable rental housing for low and very low income families.

From 1997 to 2009, 6 low income apartment communities containing 155 rental apartments have been constructed and made affordable to low income persons in Clark County by the Low Income Housing Tax Credit Program.

If your income is less than 60% of the Area Median Income (AMI), you should not expect to pay more than the rent value for a unit in the table below. However, Affordable apartment communities that receive funding through the Low Income Housing Tax Credit program may have rental units that are not subject to income and rent limits.

Rent limits for the LIHTC Program are determined so that a household making the maximum income for the expected household size of the unit would only pay 30% of their income for rent.

Income Qualifications for Low Income Housing Tax Credit Apartments in Clark County

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
50% of Median $26,100 $29,800 $33,550 $37,250 $40,250 $43,250 $46,200 $49,200
60% of Median $31,320 $35,760 $40,260 $44,700 $48,300 $51,900 $55,440 $59,040

For example, the expected household size for a two bedroom apartment is 3 people. Using the table above, the maximum income for a 3 person household at 60% of the AMI in Clark County is $40,260 a year, or $3,355 a month. To determine the maximum rent in the table below we multiply the monthly maximum income, $3,355 by 30% to get a maximum rent of $1,007 a month.

Rent for units in the LIHTC Program include a utility allowance which is determined by the average monthly cost of utilities paid directly by residents. This allowance has not been subtracted from the rents in the table below. These utility allowances are set on a property by property basis.

% of AMI Studio 1 Bed 2 Bed 3 Bed 4 Bed 5 Bed
50% $653 $699 $839 $969 $1,081 $1,193
60% $783 $839 $1,007 $1,163 $1,298 $1,431
Fair Market Rents in Clark County

Fair Market Rents, often abbreviated as FMR, can be used to better understand the average housing costs of an area. Notably, Fair Market Rents are used to establish the payment standards for the Housing Choice Voucher Program, maximum rents in HOME financed rental projects and initial rents for Section 8 project based assistance.

2019 Fair Market Rents
Studio One BR Two BR Three BR Four BR
$617 $692 $883 $1,231 $1,551

Cities In Clark County

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

City Listings Served By
Winchester 13 The HUD funded Public Housing Agencies that serve Winchester are the Housing Authority of Winchester and Kentucky Housing Corporation.