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

Discover affordable housing in Harrodsburg where there are 6+ 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.

Belmont Court Apartments

633 Belmont Street, Harrodsburg, Kentucky 40330

Berkshire Apts #2

830 North College St, Harrodsburg, Kentucky

Berkshire Apts

830 North College St, Harrodsburg, Kentucky

Cypress Hill Apts

445 East Factory, Harrodsburg, Kentucky

Cardinal Meadows C/O Winterwood Inc

851 South College St, Harrodsburg, Kentucky


517 W Office St, Harrodsburg, Kentucky 40330

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Harrodsburg, Kentucky
$8.85 (+122%) more than Kentucky minimum wage and $8.85 (+122%) more than the Federal minimum wage.
Learn More About Harrodsburg, Kentucky Affordable Housing ↓

What HUD offices serve 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.

Operates the Public Housing programs for Harrodsburg, Kentucky.
Operates the Section 8 Housing Choice Voucher (HCV) programs for Harrodsburg, Kentucky.

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

How many renters live in Harrodsburg, Kentucky?

The City of Harrodsburg has 9,057 people living in 4,029 households.

There are 3,498 renters living in 1,758 renter households in this City. Renters make up 38.62 percent of the population living in Harrodsburg.

What is the rental market like in Harrodsburg, Kentucky?

There are an estimated 4,445 housing units in the Harrodsburg area. Of these, 1,858 units are rental homes, making up 42 percent of the housing market. For every renter household in Harrodsburg, Kentucky, there are 1 rental units.

What is the vacancy rate for rentals in Harrodsburg?

The rental vacancy rate in Harrodsburg is 3 percent. This is a lower than average vacancy rate. When rental vacancy rates are low there are fewer available units. Rents tend to be higher as more people compete for scarce housing.

How many rental units are in Harrodsburg for each bedroom size?

Occupied Rental Units by Size in Harrodsburg
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
8 418 776 401 106
Occupied Rental Units by Size in Harrodsburg

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

Among renter households in this market, 33 percent have housing cost burden. Further, 15 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 Harrodsburg

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $616 to $1,322. 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 $1,198
Four BR $1,322
2024 Fair Market Rents in Harrodsburg, Kentucky

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

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 4 50 percent
One BR 284 68 percent
Two BR 635 82 percent
Rental Units Below FMR in Harrodsburg, Kentucky

How many affordable rental units are in Harrodsburg?

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

Federal Program Unit Count
Low Income Housing Tax Credit 95
Public Housing 162
Section 8 Project-Based Rental Assistance 60
USDA Section 515 Rural Rental Housing 130
Tracked Units by Federal Program in Harrodsburg, Kentucky

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

Income Based Apartments in Harrodsburg, Kentucky

Harrodsburg features 302 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 64 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 $765 and $935.

Sourced from federal housing data and AffordableHousingOnline.com research.