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Affordable Housing In Jessamine County

21 Low Income Apartment Communities In Jessamine County

Edgewood East

609 Longview Dr
Nicholasville, Kentucky

Foxwood Five

308 Foxwood Dr
Nicholasville, Kentucky

Elmwood Apartments

200 Elmwood Ct
Nicholasville, Kentucky

Beacon Apartments

256 Blueberry Ln
Nicholasville, Kentucky
Accepts Vouchers

Briarwick Apartments

1050 Hickory Hill Dr
Nicholasville, Kentucky

Hickory Hill Townhomes

100 Andrea Dr
Nicholasville, Kentucky
Accepts Vouchers

Nicholasville Greens

N Central AVE
Nicholasville, Kentucky
Accepts Vouchers

Creekside Senior Apartments

N Second ST
Nicholasville, Kentucky
Accepts Vouchers

Imperial Pointe, Phase V

410 Imperial Pointe
Nicholasville, Kentucky
Accepts Vouchers

Staton - Groves

108 Cypress St
Nicholasville, Kentucky

Housing Authorities that serve Jessamine County

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

Guide To Affordable Housing in Jessamine County, Kentucky

There are 21 low income housing apartment communities offering 774 affordable apartments for rent in Jessamine County, Kentucky.

Income Based Apartments in Jessamine County, Kentucky

Jessamine County features 246 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 $772 and $944.

2020 Jessamine 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 $597 $678 $858 $1,189 $1,496
Payment Standard Range $537 to $657 $610 to $746 $772 to $944 $1,070 to $1,308 $1,346 to $1,646

Sourced from federal housing data and research.

Jessamine County, KY Affordable Housing Snapshot

Total Affordable Apartment Properties 21
Total Low Income Apartments 774
Total Housing Units with Rental Assistance 246
Percentage of Housing Units Occupied By Renters 36.24%
Average Renter Household Size 2.67
Average Household Size 2.65
Median Household Income $50,558 ±$2,236
Median Rent $771 ±$30
Percentage Of Renters Overburdened 43.55% ± 5.36pp
Total Population 50,328

Population and Household Demographics

Jessamine County is a county in Kentucky with a population of 50,328. There are 18,312 households in the county with an average household size of 2.65 persons. 36.24% of households in Jessamine County are renters.

Income and Rent Overburden in Jessamine County

The median gross income for households in Jessamine County is $50,558 a year, or $4,213 a month. The median rent for the county is $771 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Jessamine County, a household making less than $2,570 a month would be considered overburdened when renting an apartment at or above the median rent. 43.55% of households who rent are overburdened in Jessamine County.

Area Median Income In Jessamine 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 Jessamine County, HUD calculates the Area Median Income for a family of four as $79,400

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 Jessamine 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 Jessamine County

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $16,700 $19,050 $21,720 $26,200 $30,680 $35,160 $39,640 $44,120
50% of Median $27,800 $31,800 $35,750 $39,700 $42,900 $46,100 $49,250 $52,450
80% of Median $44,450 $50,800 $57,150 $63,500 $68,600 $73,700 $78,750 $83,850

Cities In Jessamine County

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

City Served By
High Bridge The HUD funded Public Housing Agency that serves High Bridge is the Kentucky Housing Corporation.
Nicholasville The HUD funded Public Housing Agencies that serve Nicholasville are the Housing Authority of Nicholasville and Kentucky Housing Corporation.
Wilmore The HUD funded Public Housing Agency that serves Wilmore is the Kentucky Housing Corporation.