Affordable Housing In Hardin
Marshall County, Kentucky

2 Low Income Apartment Communities In Hardin

Hardin Apartments

25 Harlan Ln
Hardin, Kentucky
Subsidized

Hilldale Apartments

64 Hilldale Ln
Hardin, Kentucky
Subsidized
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Housing Authorities that serve Hardin

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

Guide To Affordable Housing in Hardin, Kentucky

There are 2 low income housing apartment communities offering 76 affordable apartments for rent in Hardin, Kentucky.

Income Based Apartments in Hardin, Kentucky

Hardin features 76 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 Hardin, Kentucky

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

Housing Choice Vouchers in Hardin, Kentucky

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Hardin, Kentucky for a two-bedroom apartment is between $633 and $773.

2020 Hardin, 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 $600 $618 $703 $876 $954
Payment Standard Range $540 to $660 $556 to $680 $633 to $773 $788 to $964 $859 to $1,049

Sourced from federal housing data and AffordableHousingOnline.com research.

Hardin, KY Affordable Housing Snapshot

Total Affordable Apartment Properties 2
Total Low Income Apartments 76
Total Housing Units with Rental Assistance 76
Percentage of Housing Units Occupied By Renters 42.23%
Average Renter Household Size 2.51
Average Household Size 2.49
Median Household Income $27,266 ±$6,107
Median Rent $0 ±$0
Percentage Of Renters Overburdened 61.32% ± 30.92pp
Total Population 625

Population and Household Demographics

Hardin is a City in Marshall County, Kentucky with a population of 625. There are 251 households in the city with an average household size of 2.49 persons. 42.23% of households in Hardin are renters.

Income and Rent Overburden in Hardin

The median gross income for households in Hardin is $27,266 a year, or $2,272 a month. The median rent for the city is $0 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Hardin, a household making less than $0 a month would be considered overburdened when renting an apartment at or above the median rent. 61.32% of households who rent are overburdened in Hardin.1

Area Median Income In Hardin

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 Hardin, the AMI is calculated from all households within Marshall County.

In Hardin, HUD calculates the Area Median Income for a family of four as $61,300

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 Hardin

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 Hardin

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $12,900 $16,910 $21,330 $25,750 $30,170 $34,590 $38,050 $40,500
50% of Median $21,500 $24,550 $27,600 $30,650 $33,150 $35,600 $38,050 $40,500
80% of Median $34,350 $39,250 $44,150 $49,050 $53,000 $56,900 $60,850 $64,750