Affordable Housing In Hardin County
42 Low Income Apartment Communities In Hardin County
Housing Authorities that serve Hardin County
|Kentucky Housing Corporation||Section 8 Housing Choice Voucher (HCV)|
Guide To Affordable Housing in Hardin County, Kentucky
There are 42 low income housing apartment communities offering 1,526 affordable apartments for rent in Hardin County, Kentucky.
Income Based Apartments in Hardin County, Kentucky
Hardin County features 742 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 County, Kentucky
There are 784 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Hardin County.
Housing Choice Vouchers in Hardin County, Kentucky
On average, Section 8 Housing Choice vouchers pay Hardin County landlords $700 per month towards rent. The average voucher holder contributes $300 towards rent in Hardin County.
The maximum amount a voucher would pay on behalf of a low-income tenant in Hardin County, Kentucky for a two-bedroom apartment is between $703 and $859.
2020 Hardin 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|
|Fair Market Rent||$587||$593||$781||$1,127||$1,371|
|Payment Standard Range||$528 to $646||$534 to $652||$703 to $859||$1,014 to $1,240||$1,234 to $1,508|
Sourced from federal housing data and AffordableHousingOnline.com research.
Hardin County, KY Affordable Housing Snapshot
|Total Affordable Apartment Properties||42|
|Total Low Income Apartments||1,526|
|Total Housing Units with Rental Assistance||742|
|Percentage of Housing Units Occupied By Renters||37.55%|
|Average Renter Household Size||2.56|
|Average Household Size||2.58|
|Median Household Income||$50,765 ±$1,766|
|Median Rent||$762 ±$18|
|Percentage Of Renters Overburdened||39.6% ± 3.49pp|
Population and Household Demographics
Hardin County is a county in Kentucky with a population of 107,529. There are 40,376 households in the county with an average household size of 2.58 persons. 37.55% of households in Hardin County are renters.
Income and Rent Overburden in Hardin County
The median gross income for households in Hardin County is $50,765 a year, or $4,230 a month. The median rent for the county is $762 a month.
Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Hardin County, a household making less than $2,540 a month would be considered overburdened when renting an apartment at or above the median rent. 39.6% of households who rent are overburdened in Hardin County.
Area Median Income In Hardin 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 Hardin County, HUD calculates the Area Median Income for a family of four as $68,600
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 Hardin 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 Hardin County
|Income||1 Person||2 Person||3 Person||4 Person||5 Person||6 Person||7 Person||8 Person|
|30% of Median||$14,450||$17,240||$21,720||$26,200||$30,680||$35,160||$39,640||$44,120|
|50% of Median||$24,050||$27,450||$30,900||$34,300||$37,050||$39,800||$42,550||$45,300|
|80% of Median||$38,450||$43,950||$49,450||$54,900||$59,300||$63,700||$68,100||$72,500|
Cities In Hardin County
Select A City to View its Apartment Communities and Waiting Lists.
|Cecilia||The HUD funded Public Housing Agency that serves Cecilia is the Kentucky Housing Corporation.|
|Elizabethtown||The HUD funded Public Housing Agencies that serve Elizabethtown are the Housing Authority of Elizabethtown and Kentucky Housing Corporation.|
|Fort Knox||The HUD funded Public Housing Agency that serves Fort Knox is the Kentucky Housing Corporation.|
|Muldraugh||The HUD funded Public Housing Agency that serves Muldraugh is the Kentucky Housing Corporation.|
|Radcliff||The HUD funded Public Housing Agencies that serve Radcliff are the Housing Authority of Radcliff and Kentucky Housing Corporation.|
|Sonora||The HUD funded Public Housing Agency that serves Sonora is the Kentucky Housing Corporation.|
|Upton||The HUD funded Public Housing Agency that serves Upton is the Kentucky Housing Corporation.|
|Vine Grove||The HUD funded Public Housing Agency that serves Vine Grove is the Kentucky Housing Corporation.|
|West Point||The HUD funded Public Housing Agency that serves West Point is the Kentucky Housing Corporation.|