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

Discover affordable housing in Guthrie where there are 2+ 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.

Pennyrile Village

150 Pennyrile Ct, Guthrie, Kentucky 42234

Kentucky

Howell St, Guthrie, Kentucky 42234

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

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

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

How many renters live in Guthrie, Kentucky?

The City of Guthrie has 1,414 people living in 550 households.

There are 846 renters living in 262 renter households in this City. Renters make up 59.83 percent of the population living in Guthrie.

What is the rental market like in Guthrie, Kentucky?

There are an estimated 652 housing units in the Guthrie area. Of these, 297 units are rental homes, making up 46 percent of the housing market. For every renter household in Guthrie, Kentucky, there are 1 rental units.

What is the vacancy rate for rentals in Guthrie?

The rental vacancy rate in Guthrie is 12 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 Guthrie for each bedroom size?

Occupied Rental Units by Size in Guthrie
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
9 34 107 95 12
Occupied Rental Units by Size in Guthrie

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

Among renter households in this market, 38 percent have housing cost burden. Further, 3 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 Guthrie

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $616 to $1,331. 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 $1,165
Four BR $1,331
2024 Fair Market Rents in Guthrie, Kentucky

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

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 9 100 percent
One BR 28 82 percent
Two BR 60 56 percent
Rental Units Below FMR in Guthrie, Kentucky

How many affordable rental units are in Guthrie?

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

Federal Program Unit Count
Public Housing 100
Section 8 Project-Based Rental Assistance 1
Tracked Units by Federal Program in Guthrie, Kentucky

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

Income Based Apartments in Guthrie, Kentucky

Guthrie features 100 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 Guthrie, Kentucky

There are 7 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Guthrie.

Housing Choice Vouchers in Guthrie, Kentucky

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

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

Sourced from federal housing data and AffordableHousingOnline.com research.