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

Discover affordable housing in Danville where there are 7+ 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.

The Village Apartments

104 Mcclure Dr, Danville, Kentucky 40422

Patchen Pointe Apartments

200 Walker Court, Danville, Kentucky 40422

Parkside East Apartments

351 Holtzclaw Street, Danville, Kentucky 40422

Long Run Apartments

301 N Hill N Dale St, Danville, Kentucky 40422

Shaker Point Apts

100 Shakerpoint Dr, Danville, Kentucky

Arnold Towers

301 Nichols Ter, Danville, Kentucky 40468

Latimer Heights

651 W Lexington Ave, Danville, Kentucky 40422

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Danville, Kentucky
$17.58/hour
$10.33 (+142%) more than Kentucky minimum wage and $10.33 (+142%) more than the Federal minimum wage.
Learn More About Danville, Kentucky Affordable Housing ↓

What HUD offices serve Danville, 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 Public Housing programs for Danville, Kentucky.
Operates the Section 8 Housing Choice Voucher (HCV) programs for Danville, Kentucky.

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

How many renters live in Danville, Kentucky?

The City of Danville has 17,191 people living in 6,663 households.

There are 5,803 renters living in 2,859 renter households in this City. Renters make up 33.76 percent of the population living in Danville.

What is the rental market like in Danville, Kentucky?

There are an estimated 7,219 housing units in the Danville area. Of these, 3,078 units are rental homes, making up 43 percent of the housing market. For every renter household in Danville, Kentucky, there are 1 rental units.

What is the vacancy rate for rentals in Danville?

The rental vacancy rate in Danville is 6 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 Danville for each bedroom size?

Occupied Rental Units by Size in Danville
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
123 359 1,596 684 89
Occupied Rental Units by Size in Danville

A large number of apartments in Danville 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 Danville are overburdened by housing costs?

Among renter households in this market, 46 percent have housing cost burden. Further, 29 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 Danville

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $702 to $1,461. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $702
One BR $706
Two BR $928
Three BR $1,225
Four BR $1,461
2024 Fair Market Rents in Danville, Kentucky

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

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 62 50 percent
One BR 268 75 percent
Two BR 1,250 78 percent
Rental Units Below FMR in Danville, Kentucky

How many affordable rental units are in Danville?

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

Federal Program Unit Count
Low Income Housing Tax Credit 132
Public Housing 349
Section 8 Project-Based Rental Assistance 42
Section 811 Supportive Housing for Persons with Disabilities 12
USDA Section 515 Rural Rental Housing 110
Tracked Units by Federal Program in Danville, Kentucky

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

Income Based Apartments in Danville, Kentucky

Danville features 372 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 Danville, Kentucky

There are 70 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Danville.

Housing Choice Vouchers in Danville, Kentucky

On average, Section 8 Housing Choice vouchers pay Danville landlords $400 per month towards rent. The average voucher holder contributes $300 towards rent in Danville.

The maximum amount a voucher would pay on behalf of a low-income tenant in Danville, Kentucky for a two-bedroom apartment is between $835 and $1,021.

Sourced from federal housing data and AffordableHousingOnline.com research.