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

Discover affordable housing in Flemingsburg where there are 5+ 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.

High Ridge Manor Apartments

17 Highridge Ln, Flemingsburg, Kentucky 41041

Fleming Trace Apartments

280 Rucker Street , Flemingsburg, Kentucky 41041

Ridgeway Park Apartments

316 Glascock Dr, Flemingsburg, Kentucky 41041

Westview Apartments

108 Pioneer Trace, Flemingsburg, Kentucky

James T Crain Heights

101 Circle Dr, Flemingsburg, Kentucky 41041

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Flemingsburg, Kentucky
$16.10/hour
$8.85 (+122%) more than Kentucky minimum wage and $8.85 (+122%) more than the Federal minimum wage.
Learn More About Flemingsburg, Kentucky Affordable Housing ↓

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

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

How many renters live in Flemingsburg, Kentucky?

The City of Flemingsburg has 2,955 people living in 1,168 households.

There are 1,710 renters living in 622 renter households in this City. Renters make up 57.87 percent of the population living in Flemingsburg.

What is the rental market like in Flemingsburg, Kentucky?

There are an estimated 1,363 housing units in the Flemingsburg area. Of these, 697 units are rental homes, making up 51 percent of the housing market. For every renter household in Flemingsburg, Kentucky, there are 1 rental units.

What is the vacancy rate for rentals in Flemingsburg?

The rental vacancy rate in Flemingsburg is 11 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 Flemingsburg for each bedroom size?

Occupied Rental Units by Size in Flemingsburg
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
0 35 273 268 46
Occupied Rental Units by Size in Flemingsburg

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

Among renter households in this market, 36 percent have housing cost burden. Further, 14 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 Flemingsburg

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $616 to $1,229. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $616
One BR $729
Two BR $850
Three BR $1,100
Four BR $1,229
2024 Fair Market Rents in Flemingsburg, Kentucky

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

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
One BR 34 97 percent
Two BR 206 75 percent
Rental Units Below FMR in Flemingsburg, Kentucky

How many affordable rental units are in Flemingsburg?

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

Federal Program Unit Count
Low Income Housing Tax Credit 16
Public Housing 40
Section 8 Project-Based Rental Assistance 59
USDA Section 515 Rural Rental Housing 72
Tracked Units by Federal Program in Flemingsburg, Kentucky

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

Income Based Apartments in Flemingsburg, Kentucky

Flemingsburg features 172 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 Flemingsburg, Kentucky

There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Flemingsburg.

Housing Choice Vouchers in Flemingsburg, Kentucky

On average, Section 8 Housing Choice vouchers pay Flemingsburg landlords $700 per month towards rent. The average voucher holder contributes $200 towards rent in Flemingsburg.

The maximum amount a voucher would pay on behalf of a low-income tenant in Flemingsburg, Kentucky for a two-bedroom apartment is between $765 and $935.

Sourced from federal housing data and AffordableHousingOnline.com research.