Affordable Housing In Harrodsburg
Mercer County, Kentucky

6 Low Income Apartment Communities In Harrodsburg

Belmont Court Apartments

633 Belmont Street
Harrodsburg, Kentucky
Call For Rent
1-3 BR

Ky062001

517 W Office St
Harrodsburg, Kentucky

Berkshire Apts

830 North College St
Harrodsburg, Kentucky

Cardinal Meadows C/O Winterwood Inc

851 South College St
Harrodsburg, Kentucky

Berkshire Apts #2

830 North College St
Harrodsburg, Kentucky

Cypress Hill Apts

445 East Factory
Harrodsburg, Kentucky
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Section 8 Vouchers, Apartments, and Waiting Lists in Harrodsburg, 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.

Households who qualify for these programs may also qualify for Project-Based Section 8, which contributes rental assistance payments directly to private landlords on behalf of low-income tenants. Eligibility for the project-based program is similar to the voucher programs, but waiting list and application policies will vary depending on the landlord.

Public Housing Agencies Serving Harrodsburg, Kentucky

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

Guide To Affordable Housing in Harrodsburg, Kentucky

There are 6 low income housing apartment communities offering 365 affordable apartments for rent in Harrodsburg, Kentucky.

Income Based Apartments in Harrodsburg, Kentucky

Harrodsburg features 238 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 Harrodsburg, Kentucky

There are 127 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Harrodsburg.

Housing Choice Vouchers in Harrodsburg, Kentucky

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Harrodsburg, Kentucky for a two-bedroom apartment is between $607 and $741.

2022 Harrodsburg, 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
Harrodsburg, Kentucky Fair Market Rent $482 $512 $674 $956 $974
Harrodsburg, Kentucky Payment Standard Range $434 to $530 $461 to $563 $607 to $741 $860 to $1,052 $877 to $1,071

Sourced from federal housing data and AffordableHousingOnline.com research.

Harrodsburg, KY Affordable Housing Snapshot

Total Affordable Apartment Properties 6
Total Low Income Apartments 365
Total Housing Units with Rental Assistance 238
Percentage of Housing Units Occupied By Renters 46.26%
Average Renter Household Size 2.29
Average Household Size 2.35
Median Household Income $30,240 ±$2,970
Median Rent $553 ±$35
Percentage Of Renters Overburdened 51.94% ± 10.27pp
Total Population 8,380

Population and Household Demographics

Harrodsburg is a city in Mercer County, Kentucky with a population of 8,380. There are 3,504 households in the city with an average household size of 2.35 persons. 46.26% of households in Harrodsburg are renters.

Income and Rent Overburden in Harrodsburg

The median gross income for households in Harrodsburg is $30,240 a year, or $2,520 a month. The median rent for the city is $553 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Harrodsburg, a household making less than $1,843 a month would be considered overburdened when renting an apartment at or above the median rent. 51.94% of households who rent are overburdened in Harrodsburg.

Area Median Income In Harrodsburg

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 Harrodsburg, the AMI is calculated from all households within Mercer County.

In Harrodsburg, HUD calculates the Area Median Income for a family of four as $65,600

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 Harrodsburg

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 Harrodsburg

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 Harrodsburg AMI may qualify for rental assistance programs that target Extremely Low Income households.
$13,800 $17,420 $21,960 $26,500 $31,040 $35,580 $40,120 $43,300
50% AMI Income Limits
Renters earning up to 50% of the Harrodsburg AMI may qualify for rental assistance programs that target Very Low Income households.
$23,000 $26,250 $29,550 $32,800 $35,450 $38,050 $40,700 $43,300
80% AMI Income Limits
Renters earning up to 80% of the Harrodsburg AMI may qualify for rental assistance programs that target Low Income households.
$36,750 $42,000 $47,250 $52,500 $56,700 $60,900 $65,100 $69,300