Affordable Housing In Greenup County

11 Low Income Apartment Communities In Greenup County

Raceland Meadows

518 Raceland Meadows Dr
Raceland, Kentucky
Call For Rent
1-2 BR

Brentwood Apartments II

605 Powell Ln
Flatwoods, Kentucky

Holley Manor

704 Eunice St
South Shore, Kentucky

Holley Manor Annex

600 Eunice St
South Shore, Kentucky

Pleasant View Apartments, Inc

2719 Fields Ave
Flatwoods, Kentucky

Brentwood Apartments III Ltd

1801 Clay St
Flatwoods, Kentucky

Brentwood Apartments III

1701 Clay St
Flatwoods, Kentucky

Tygart Creek Townhomes

324 Tygart Creek Pl
South Shore, Kentucky

Bay Berry Townhomes

110 E St
Flatwoods, Kentucky

Riverwood Apts

901 Powell Lane
Flatwoods, Kentucky

Guide To Affordable Housing in Greenup County, Kentucky

There are 11 low income housing apartment communities offering 337 affordable apartments for rent in Greenup County, Kentucky.

Income Based Apartments in Greenup County, Kentucky

Greenup County features 176 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 Greenup County, Kentucky

There are 161 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Greenup County.

Housing Choice Vouchers in Greenup County, Kentucky

On average, Section 8 Housing Choice vouchers pay Greenup County landlords $500 per month towards rent. The average voucher holder contributes $300 towards rent in Greenup County.

The maximum amount a voucher would pay on behalf of a low-income tenant in Greenup County, Kentucky for a two-bedroom apartment is between $712 and $870.

2022 Greenup 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
Greenup County, Kentucky Fair Market Rent $570 $659 $791 $1,058 $1,179
Greenup County, Kentucky Payment Standard Range $513 to $627 $593 to $725 $712 to $870 $952 to $1,164 $1,061 to $1,297

Sourced from federal housing data and research.

Greenup County, KY Affordable Housing Snapshot

Total Affordable Apartment Properties 11
Total Low Income Apartments 337
Total Housing Units with Rental Assistance 176
Percentage of Housing Units Occupied By Renters 22.73%
Average Renter Household Size 2.40
Average Household Size 2.54
Median Household Income $45,370 ±$1,926
Median Rent $629 ±$28
Percentage Of Renters Overburdened 37.48% ± 4.23pp
Total Population 36,477

Population and Household Demographics

Greenup County is a county in Kentucky with a population of 36,477. There are 14,200 households in the county with an average household size of 2.54 persons. 22.73% of households in Greenup County are renters.

Income and Rent Overburden in Greenup County

The median gross income for households in Greenup County is $45,370 a year, or $3,781 a month. The median rent for the county is $629 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Greenup County, a household making less than $2,097 a month would be considered overburdened when renting an apartment at or above the median rent. 37.48% of households who rent are overburdened in Greenup County.

Area Median Income In Greenup 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 Greenup County, HUD calculates the Area Median Income for a family of four as $62,600

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 Greenup 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 Greenup County

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 Greenup County AMI may qualify for rental assistance programs that target Extremely Low Income households.
$13,050 $17,420 $21,960 $26,500 $31,040 $35,580 $38,450 $40,950
50% AMI Income Limits
Renters earning up to 50% of the Greenup County AMI may qualify for rental assistance programs that target Very Low Income households.
$21,700 $24,800 $27,900 $31,000 $33,500 $36,000 $38,450 $40,950
80% AMI Income Limits
Renters earning up to 80% of the Greenup County AMI may qualify for rental assistance programs that target Low Income households.
$34,750 $39,700 $44,650 $49,600 $53,600 $57,550 $61,550 $65,500

Cities In Greenup County

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City Served By
South Shore