Affordable Housing In Henderson County
Kentucky

18 Low Income Apartment Communities In Henderson County

Saddlebrook Apartments Two

1056 Saddlebrook Dr
Henderson, Kentucky
Call For Rent
1-3 BR

WARM Residences

38 N McKinley St
Henderson, Kentucky
Call For Rent
2-3 BR

Fair Acres Apartments

500 Fair St
Henderson, Kentucky
Subsidized

Independent Living III - Henderson

1636 S Main St
Henderson, Kentucky
Subsidized
62+
Accessible
Elderly Supportive Housing

Henderson Station I & II

1303 Washington St
Henderson, Kentucky

Henderson Group Home

1660 S Main St
Henderson, Kentucky
Subsidized
62+
Accessible
Elderly Supportive Housing

Countryview Apartments

1422 Mattingly Dr
Henderson, Kentucky
Subsidized

Redbanks Apartments and Towers

737 Kimsey Ln
Henderson, Kentucky
Subsidized
62+
Accessible
Elderly Supportive Housing

Cambridge Pointe Apartments

2718 Zion Rd
Henderson, Kentucky

Sand Lane Manor

505 Sand Ln
Henderson, Kentucky

Guide To Affordable Housing in Henderson County, Kentucky

There are 18 low income housing apartment communities offering 1,233 affordable apartments for rent in Henderson County, Kentucky.

Income Based Apartments in Henderson County, Kentucky

Henderson County features 723 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 Henderson County, Kentucky

There are 470 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Henderson County.

Housing Choice Vouchers in Henderson County, Kentucky

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Henderson County, Kentucky for a two-bedroom apartment is between $792 and $968.

2022 Henderson 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
Henderson County, Kentucky Fair Market Rent $621 $706 $880 $1,153 $1,326
Henderson County, Kentucky Payment Standard Range $559 to $683 $635 to $777 $792 to $968 $1,038 to $1,268 $1,193 to $1,459

Sourced from federal housing data and AffordableHousingOnline.com research.

Henderson County, KY Affordable Housing Snapshot

Total Affordable Apartment Properties 18
Total Low Income Apartments 1,233
Total Housing Units with Rental Assistance 723
Percentage of Housing Units Occupied By Renters 36.7%
Average Renter Household Size 2.24
Average Household Size 2.41
Median Household Income $41,036 ±$2,205
Median Rent $612 ±$20
Percentage Of Renters Overburdened 46.72% ± 4.55pp
Total Population 46,396

Population and Household Demographics

Henderson County is a county in Kentucky with a population of 46,396. There are 18,742 households in the county with an average household size of 2.41 persons. 36.7% of households in Henderson County are renters.

Income and Rent Overburden in Henderson County

The median gross income for households in Henderson County is $41,036 a year, or $3,420 a month. The median rent for the county is $612 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Henderson County, a household making less than $2,040 a month would be considered overburdened when renting an apartment at or above the median rent. 46.72% of households who rent are overburdened in Henderson County.

Area Median Income In Henderson 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 Henderson County, HUD calculates the Area Median Income for a family of four as $78,400

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 Henderson 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 Henderson County

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 Henderson County AMI may qualify for rental assistance programs that target Extremely Low Income households.
$16,000 $18,300 $21,960 $26,500 $31,040 $35,580 $40,120 $44,660
50% AMI Income Limits
Renters earning up to 50% of the Henderson County AMI may qualify for rental assistance programs that target Very Low Income households.
$26,650 $30,450 $34,250 $38,050 $41,100 $44,150 $47,200 $50,250
80% AMI Income Limits
Renters earning up to 80% of the Henderson County AMI may qualify for rental assistance programs that target Low Income households.
$42,650 $48,750 $54,850 $60,900 $65,800 $70,650 $75,550 $80,400

Cities In Henderson County

Select A City to View its Apartment Communities and Waiting Lists.

City Served By
Corydon
Henderson The HUD funded Public Housing Agency that serves Henderson is the Housing Authority of Henderson.
Robards
Spottsville