Low Income Apartments and Affordable Housing For Rent in Jessamine County, KY

Discover affordable housing in Jessamine County where there are 21+ 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.

Briarwick Apartments

1050 Hickory Hill Dr, Nicholasville, Kentucky 40356

Elmwood Apartments

200 Elmwood Ct, Nicholasville, Kentucky 40356

Foxwood Five

308 Foxwood Dr, Nicholasville, Kentucky 40356

Edgewood East

609 Longview Dr, Nicholasville, Kentucky 40356

Beacon Apartments

256 Blueberry Ln, Nicholasville, Kentucky 40356

Creekside Senior Apartments

N Second ST, Nicholasville, Kentucky 40356

Edgewood Heights

501 - 515 Longview Drive, Nicholasville, Kentucky

Asbury Heights Apts

202 Epworth Ave, Wilmore, Kentucky

Derby Ridge Apts

320 Southview Dr., Nicholasville, Kentucky

Helmsdale Apartment

316 Wichita Drive, Nicholasville, Kentucky

Jessamine Village Ltd

315 Village Circle, Wilmore, Kentucky

Westwood Square

109 Wichita Drive, Nicholasville, Kentucky

Nicholasville Greens

N Central AVE, Nicholasville, Kentucky 40356

1 Beauford Pl

1 Beauford Pl, Nicholasville, Kentucky 40356

Staton - Groves

108 Cypress St, Nicholasville, Kentucky 40356

Imperial Pointe, Phase III

308 Imperial Pointe, Nicholasville, Kentucky 40356

Imperial Pointe, Phase I

112 Imperial Pointe, Nicholasville, Kentucky 40356

Hickory Hill Townhomes

100 Andrea Dr, Nicholasville, Kentucky 40356

Imperial Pointe, Phase IV

300 Imperial Pointe, Nicholasville, Kentucky 40356

Imperial Pointe, Phase II

349 Imperial Pointe, Nicholasville, Kentucky 40356

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Jessamine County, Kentucky
$22.29/hour
$15.04 (+207%) more than Kentucky minimum wage and $15.04 (+207%) more than the Federal minimum wage.
Learn More About Jessamine County, Kentucky Affordable Housing ↓

What HUD offices serve Jessamine County, 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 Section 8 Housing Choice Voucher (HCV) programs for Jessamine County, Kentucky.

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

How many renters live in Jessamine County, Kentucky?

The County of Jessamine County has 53,381 people living in 19,251 households.

There are 16,194 renters living in 6,000 renter households in this County. Renters make up 30.34 percent of the population living in Jessamine County.

What is the rental market like in Jessamine County, Kentucky?

There are an estimated 20,733 housing units in the Jessamine County area. Of these, 6,304 units are rental homes, making up 30 percent of the housing market. For every renter household in Jessamine County, Kentucky, there are 1 rental units.

What is the vacancy rate for rentals in Jessamine County?

The rental vacancy rate in Jessamine County 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 Jessamine County for each bedroom size?

Occupied Rental Units by Size in Jessamine County
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
33 970 2,320 2,038 564
Occupied Rental Units by Size in Jessamine County

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

Among renter households in this market, 40 percent have housing cost burden. Further, 20 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 Jessamine County

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $802 to $1,807. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $802
One BR $983
Two BR $1,177
Three BR $1,599
Four BR $1,807
2024 Fair Market Rents in Jessamine County, Kentucky

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

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 5 15 percent
One BR 600 62 percent
Two BR 1,841 79 percent
Rental Units Below FMR in Jessamine County, Kentucky

How many affordable rental units are in Jessamine County?

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

Federal Program Unit Count
Low Income Housing Tax Credit 257
Public Housing 54
Section 8 Project-Based Rental Assistance 70
USDA Section 515 Rural Rental Housing 334
Tracked Units by Federal Program in Jessamine County, Kentucky

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

Income Based Apartments in Jessamine County, Kentucky

Jessamine County features 254 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 Jessamine County, Kentucky

There are 528 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Jessamine County.

Housing Choice Vouchers in Jessamine County, Kentucky

On average, Section 8 Housing Choice vouchers pay Jessamine County landlords $700 per month towards rent. The average voucher holder contributes $300 towards rent in Jessamine County.

The maximum amount a voucher would pay on behalf of a low-income tenant in Jessamine County, Kentucky for a two-bedroom apartment is between $1,059 and $1,295.

Sourced from federal housing data and AffordableHousingOnline.com research.