Affordable Housing In Greensburg
Green County, Kentucky

5 Low Income Apartment Communities In Greensburg

Housing Authorities that serve Greensburg

Housing Authority	Programs
Housing Authority of Greensburg	Section 8 Housing Choice Voucher (HCV); Public Housing

Guide To Affordable Housing in Greensburg, Kentucky

There are 5 low income housing apartment communities offering 205 affordable apartments for rent in Greensburg, Kentucky.

Income Based Apartments in Greensburg, Kentucky

Greensburg features 181 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 Greensburg, Kentucky

There are 24 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Greensburg.

Housing Choice Vouchers in Greensburg, Kentucky

On average, Section 8 Housing Choice vouchers pay Greensburg landlords $200 per month towards rent. The average voucher holder contributes $300 towards rent in Greensburg.

The maximum amount a voucher would pay on behalf of a low-income tenant in Greensburg, Kentucky for a two-bedroom apartment is between $597 and $729.

2021 Greensburg, 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
Greensburg, Kentucky Fair Market Rent	$475	$503	$663	$825	$899
Greensburg, Kentucky Payment Standard Range	$428 to $523	$453 to $553	$597 to $729	$743 to $908	$809 to $989

Sourced from federal housing data and AffordableHousingOnline.com research.

Greensburg, KY Affordable Housing Snapshot

Total Affordable Apartment Properties	5
Total Low Income Apartments	205
Total Housing Units with Rental Assistance	181
Percentage of Housing Units Occupied By Renters	39.17%
Average Renter Household Size	2.09
Average Household Size	2.28
Median Household Income	$26,293 ±$3,489
Median Rent	$488 ±$34
Percentage Of Renters Overburdened	41.22% ± 12.63pp
Total Population	2,298

Population and Household Demographics

Greensburg is a city in Green County, Kentucky with a population of 2,298. There are 960 households in the city with an average household size of 2.28 persons. 39.17% of households in Greensburg are renters.

Income and Rent Overburden in Greensburg

The median gross income for households in Greensburg is $26,293 a year, or $2,191 a month. The median rent for the city is $488 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Greensburg, a household making less than $1,627 a month would be considered overburdened when renting an apartment at or above the median rent. 41.22% of households who rent are overburdened in Greensburg.

Area Median Income In Greensburg

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.

HUD often uses an area larger than a city to determine the AMI because HUD anticipates those searching for housing will look beyond individual cities during their housing search. For Greensburg, the AMI is calculated from all households within Green County.

In Greensburg, HUD calculates the Area Median Income for a family of four as $51,800

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 Greensburg

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 Greensburg

	1 Person	2 Person	3 Person	4 Person	5 Person	6 Person	7 Person	8 Person
30% AMI Income Limits Renters earning up to 30% of the Greensburg AMI may qualify for rental assistance programs that target Extremely Low Income households.	$12,760	$17,240	$21,720	$26,200	$28,850	$31,000	$33,150	$35,250
50% AMI Income Limits Renters earning up to 50% of the Greensburg AMI may qualify for rental assistance programs that target Very Low Income households.	$18,700	$21,400	$24,050	$26,700	$28,850	$31,000	$33,150	$35,250
80% AMI Income Limits Renters earning up to 80% of the Greensburg AMI may qualify for rental assistance programs that target Low Income households.	$29,900	$34,200	$38,450	$42,700	$46,150	$49,550	$52,950	$56,400