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

Discover affordable housing in Greenville where there are 3+ 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.

Greenville Park

100 Pritchett Dr, Greenville, Kentucky 42345

Glenbrook Park Apartments

230 Wilson St, Greenville, Kentucky 42345

Westside Terrace

601 Reynolds Dr, Greenville, Kentucky 42345

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Greenville, 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 Greenville, Kentucky Affordable Housing ↓

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

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

How many renters live in Greenville, Kentucky?

The City of Greenville has 4,463 people living in 1,923 households.

There are 1,064 renters living in 567 renter households in this City. Renters make up 23.84 percent of the population living in Greenville.

What is the rental market like in Greenville, Kentucky?

There are an estimated 2,271 housing units in the Greenville area. Of these, 779 units are rental homes, making up 34 percent of the housing market. For every renter household in Greenville, Kentucky, there are 1 rental units.

What is the vacancy rate for rentals in Greenville?

The rental vacancy rate in Greenville is 27 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 Greenville for each bedroom size?

Occupied Rental Units by Size in Greenville
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
0 189 313 65 0
Occupied Rental Units by Size in Greenville

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

Among renter households in this market, 61 percent have housing cost burden. Further, 24 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 Greenville

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $616 to $1,188. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $616
One BR $647
Two BR $850
Three BR $1,068
Four BR $1,188
2024 Fair Market Rents in Greenville, Kentucky

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

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 133 70 percent
Two BR 269 86 percent
Rental Units Below FMR in Greenville, Kentucky

How many affordable rental units are in Greenville?

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

Federal Program Unit Count
Public Housing 50
Section 8 Project-Based Rental Assistance 170
Tracked Units by Federal Program in Greenville, Kentucky

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

Income Based Apartments in Greenville, Kentucky

Greenville features 158 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 Greenville, Kentucky

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

Housing Choice Vouchers in Greenville, Kentucky

On average, Section 8 Housing Choice vouchers pay Greenville landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Greenville.

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

Sourced from federal housing data and AffordableHousingOnline.com research.