Affordable Housing In Clinton County
11 Low Income Apartment Communities In Clinton County
Guide To Affordable Housing in Clinton County, Kentucky
There are 11 low income housing apartment communities offering 315 affordable apartments for rent in Clinton County, Kentucky.
Income Based Apartments in Clinton County, Kentucky
Clinton County features 199 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 Clinton County, Kentucky
There are 116 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Clinton County.
Housing Choice Vouchers in Clinton County, Kentucky
On average, Section 8 Housing Choice vouchers pay Clinton County landlords $400 per month towards rent. The average voucher holder contributes $200 towards rent in Clinton County.
The maximum amount a voucher would pay on behalf of a low-income tenant in Clinton County, Kentucky for a two-bedroom apartment is between $568 and $694.
2020 Clinton County, 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||$448||$495||$631||$822||$855|
|Payment Standard Range||$403 to $493||$446 to $545||$568 to $694||$740 to $904||$770 to $941|
Sourced from federal housing data and AffordableHousingOnline.com research.
Clinton County, KY Affordable Housing Snapshot
|Total Affordable Apartment Properties||11|
|Total Low Income Apartments||315|
|Total Housing Units with Rental Assistance||199|
|Percentage of Housing Units Occupied By Renters||25.04%|
|Average Renter Household Size||2.54|
|Average Household Size||2.60|
|Median Household Income||$28,025 ±$2,629|
|Median Rent||$528 ±$38|
|Percentage Of Renters Overburdened||32.3% ± 9.6pp|
Population and Household Demographics
Clinton County is a county in Kentucky with a population of 10,188. There are 3,858 households in the county with an average household size of 2.60 persons. 25.04% of households in Clinton County are renters.
Income and Rent Overburden in Clinton County
The median gross income for households in Clinton County is $28,025 a year, or $2,335 a month. The median rent for the county is $528 a month.
Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Clinton County, a household making less than $1,760 a month would be considered overburdened when renting an apartment at or above the median rent. 32.3% of households who rent are overburdened in Clinton County.
Area Median Income In Clinton 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 Clinton County, HUD calculates the Area Median Income for a family of four as $39,600
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 Clinton 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 Clinton County
|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|