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Affordable Housing In Clarkson
Grayson County, Kentucky

1 Low Income Apartment Communities In Clarkson

Brentwood of Clarkson

328 N Patterson St
Clarkson, Kentucky
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Housing Authorities that serve Clarkson

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

Guide To Affordable Housing in Clarkson, Kentucky

There are 1 low income housing apartment communities offering 24 affordable apartments for rent in Clarkson, Kentucky.

Income Based Apartments in Clarkson, Kentucky

Clarkson features 0 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 Clarkson, Kentucky

There are 24 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Clarkson.

Housing Choice Vouchers in Clarkson, Kentucky

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Clarkson, Kentucky for a two-bedroom apartment is between $568 and $694.

2020 Clarkson, 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 $526 $531 $631 $873 $984
Payment Standard Range $473 to $579 $478 to $584 $568 to $694 $786 to $960 $886 to $1,082

Sourced from federal housing data and research.

Clarkson, KY Affordable Housing Snapshot

Total Affordable Apartment Properties 1
Total Low Income Apartments 24
Total Housing Units with Rental Assistance 0
Percentage of Housing Units Occupied By Renters 58.56%
Average Renter Household Size 2.17
Average Household Size 2.40
Median Household Income $22,500 ±$5,504
Median Rent $484 ±$27
Percentage Of Renters Overburdened 61.26% ± 14.56pp
Total Population 1,036

Population and Household Demographics

Clarkson is a city in Grayson County, Kentucky with a population of 1,036. There are 432 households in the city with an average household size of 2.40 persons. 58.56% of households in Clarkson are renters.

Income and Rent Overburden in Clarkson

The median gross income for households in Clarkson is $22,500 a year, or $1,875 a month. The median rent for the city is $484 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Clarkson, a household making less than $1,613 a month would be considered overburdened when renting an apartment at or above the median rent. 61.26% of households who rent are overburdened in Clarkson.

Area Median Income In Clarkson

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 Clarkson, the AMI is calculated from all households within Grayson County.

In Clarkson, HUD calculates the Area Median Income for a family of four as $46,500

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 Clarkson

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 Clarkson

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