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Affordable Housing In Grayson County

17 Low Income Apartment Communities In Grayson County

Caney Creek Apartments

509 Morgantown St
Caneyville, Kentucky

Brentwood of Clarkson

328 N Patterson St
Clarkson, Kentucky

Bear Creek of Leitchfield

126 Thomas Dr
Leitchfield, Kentucky

Patty Place Apartments

101 Patty Place Way
Leitchfield, Kentucky

Cwc Rentals

Allison Way
Leitchfield, Kentucky

Northwood Homes

Various Addresses
Leitchfield, Kentucky

Greenlawn Apts

126 Thomas Dr
Leitchfield, Kentucky

Housing Authorities that serve Grayson County

Housing Authority Programs
Kentucky Housing Corporation Section 8 Housing Choice Voucher (HCV)

Guide To Affordable Housing in Grayson County, Kentucky

There are 17 low income housing apartment communities offering 484 affordable apartments for rent in Grayson County, Kentucky.

Income Based Apartments in Grayson County, Kentucky

Grayson County features 262 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 Grayson County, Kentucky

There are 222 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Grayson County.

Housing Choice Vouchers in Grayson County, Kentucky

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Grayson County, Kentucky for a two-bedroom apartment is between $568 and $694.

2020 Grayson 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 $526 $531 $631 $873 $984
Payment Standard Range $473 to $579 $478 to $584 $568 to $694 $786 to $960 $886 to $1,082

Sourced from federal housing data and research.

Grayson County, KY Affordable Housing Snapshot

Total Affordable Apartment Properties 17
Total Low Income Apartments 484
Total Housing Units with Rental Assistance 262
Percentage of Housing Units Occupied By Renters 27.75%
Average Renter Household Size 2.50
Average Household Size 2.60
Median Household Income $35,030 ±$2,737
Median Rent $528 ±$50
Percentage Of Renters Overburdened 39.69% ± 7.22pp
Total Population 26,001

Population and Household Demographics

Grayson County is a county in Kentucky with a population of 26,001. There are 9,840 households in the county with an average household size of 2.60 persons. 27.75% of households in Grayson County are renters.

Income and Rent Overburden in Grayson County

The median gross income for households in Grayson County is $35,030 a year, or $2,919 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 Grayson County, a household making less than $1,760 a month would be considered overburdened when renting an apartment at or above the median rent. 39.69% of households who rent are overburdened in Grayson County.

Area Median Income In Grayson 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 Grayson County, HUD calculates the Area Median Income for a family of four as $46,500

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 Grayson 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 Grayson 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

Cities In Grayson County

Select A City to View its Apartment Communities and Waiting Lists.

City Served By
Caneyville The HUD funded Public Housing Agency that serves Caneyville is the Kentucky Housing Corporation.
Clarkson The HUD funded Public Housing Agency that serves Clarkson is the Kentucky Housing Corporation.
Leitchfield The HUD funded Public Housing Agency that serves Leitchfield is the Kentucky Housing Corporation.