Low Income Apartments and Affordable Housing For Rent in Grant County, KY

Discover affordable housing in Grant County where there are 13+ 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.

Locust Ridge Apartments

275 McCoy Road, Dry Ridge, Kentucky 41035

Crittenden Place Apartments

175/185/195 Vincent Blvd, Crittenden, Kentucky 41030

Maple Ridge Apartments

18 Michigan Avenue, Dry Ridge, Kentucky 41035

Parkview Manor Apartments

228 S Main St, Williamstown, Kentucky 41097

Academy Place Apartments

286 Old Corinth Owenton Rd, Corinth, Kentucky 41010

Norwood Apts

206 Humes Ridge Road, Williamstown, Kentucky

Norwood Apts II

204 Humes Ridge Road, Williamstown, Kentucky

Light Leaf Apts David Fortner

202 Case Ln, Crittenden, Kentucky

N Kentucky Community Action Commission

Rural Housing Program, Crittenden, Kentucky 41030

Meadowview Estates

302 Meadowview Cir, Dry Ridge, Kentucky 41035

Helton Heights

98 High St, Williamstown, Kentucky 41097

Warsaw Place Apartments

24 Warsaw Rd, Dry Ridge, Kentucky 41035

Us 25 and Church St

Us Church St, Corinth, Kentucky 0

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Grant County, Kentucky
$18.47/hour
$11.22 (+155%) more than Kentucky minimum wage and $11.22 (+155%) more than the Federal minimum wage.
Learn More About Grant County, Kentucky Affordable Housing ↓

What HUD offices serve Grant County, 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 Section 8 Housing Choice Voucher (HCV) programs for Grant County, Kentucky.

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

How many renters live in Grant County, Kentucky?

The County of Grant County has 25,085 people living in 9,146 households.

There are 6,240 renters living in 2,544 renter households in this County. Renters make up 24.88 percent of the population living in Grant County.

What is the rental market like in Grant County, Kentucky?

There are an estimated 10,099 housing units in the Grant County area. Of these, 2,671 units are rental homes, making up 26 percent of the housing market. For every renter household in Grant County, Kentucky, there are 1 rental units.

What is the vacancy rate for rentals in Grant County?

The rental vacancy rate in Grant County is 5 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 Grant County for each bedroom size?

Occupied Rental Units by Size in Grant County
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
57 306 1,039 965 177
Occupied Rental Units by Size in Grant County

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

Among renter households in this market, 33 percent have housing cost burden. Further, 13 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 Grant County

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $661 to $1,552. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $661
One BR $742
Two BR $975
Three BR $1,179
Four BR $1,552
2024 Fair Market Rents in Grant County, Kentucky

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

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 37 65 percent
One BR 277 91 percent
Two BR 768 74 percent
Rental Units Below FMR in Grant County, Kentucky

How many affordable rental units are in Grant County?

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

Federal Program Unit Count
Low Income Housing Tax Credit 177
Public Housing 96
Section 8 Project-Based Rental Assistance 90
USDA Section 515 Rural Rental Housing 171
Tracked Units by Federal Program in Grant County, Kentucky

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

Income Based Apartments in Grant County, Kentucky

Grant County features 311 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 Grant County, Kentucky

There are 90 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Grant County.

Housing Choice Vouchers in Grant County, Kentucky

On average, Section 8 Housing Choice vouchers pay Grant County landlords $700 per month towards rent. The average voucher holder contributes $300 towards rent in Grant County.

The maximum amount a voucher would pay on behalf of a low-income tenant in Grant County, Kentucky for a two-bedroom apartment is between $878 and $1,073.

Sourced from federal housing data and AffordableHousingOnline.com research.