What HUD offices serve Elkhorn City, 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.
Go to the Kentucky Public Housing and Low-Income Apartments Waiting Lists page for openings near Elkhorn City.
How many renters live in Elkhorn City, Kentucky?
The City of Elkhorn City has people living in households.
There are renters living in renter households in this City. Renters make up 31.1 percent of the population living in Elkhorn City.
What is the rental market like in Elkhorn City, Kentucky?
There are an estimated housing units in the Elkhorn City area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Elkhorn City, Kentucky, there are 1.39 rental units.
What is the vacancy rate for rentals in Elkhorn City?
The rental vacancy rate in Elkhorn City is 28 percent. This is a higher than average vacancy rate. When rental vacancy rates are high it means that there are a lot of available units and rents tend to be lower.
How many rental units are in Elkhorn City for each bedroom size?
Occupied Rental Units by Size in Elkhorn City
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 10 | 9 | 37 | 53 | 0 |
Occupied Rental Units by Size in Elkhorn City
A large number of apartments in Elkhorn City have two or fewer bedrooms. Seniors and young professionals especially may have more success finding an apartment that meets their needs.
How Much Is Rent in Elkhorn City
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $660 to $1,324. FMRs are updated annually by HUD for every city and county nationwide.
| Bed Size | 2024 Fair Market Rents |
| Studio | $660 |
| One BR | $784 |
| Two BR | $911 |
| Three BR | $1,102 |
| Four BR | $1,324 |
2024 Fair Market Rents in Elkhorn City, Kentucky
How many units are rented at Fair Market Rent (FMR) in Elkhorn City?
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 | 6 | 60 percent |
| One BR | 9 | 100 percent |
| Two BR | 37 | 100 percent |
Rental Units Below FMR in Elkhorn City, Kentucky
How many affordable rental units are in Elkhorn City?
There are a variety of federal affordable housing programs serving households in Elkhorn City, Kentucky including the following:
| Federal Program | Unit Count |
| Section 202 Supportive Housing for the Elderly |
Tracked Units by Federal Program in Elkhorn City, Kentucky
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in Elkhorn City, Kentucky
Elkhorn City features 16 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 Elkhorn City, Kentucky
There are 8 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Elkhorn City.
Housing Choice Vouchers in Elkhorn City, Kentucky
On average, Section 8 Housing Choice vouchers pay Elkhorn City landlords $300 per month towards rent. The average voucher holder contributes $200 towards rent in Elkhorn City.
The maximum amount a voucher would pay on behalf of a low-income tenant in Elkhorn City, Kentucky for a two-bedroom apartment is between $820 and $1,002.
Sourced from federal housing data and AffordableHousingOnline.com research.