Affordable Housing In Jessamine County

15 Low Income Apartment Communities In Jessamine County

Edgewood East

609 Longview Dr
Nicholasville, KY

Foxwood Five

308 Foxwood Dr
Nicholasville, KY

Elmwood Apartments

200 Elmwood Ct
Nicholasville, KY

Beacon Apartments

256 Blueberry Ln
Nicholasville, KY
Accepts Vouchers

Briarwick Apartments

1050 Hickory Hill Dr
Nicholasville, KY

Hickory Hill Townhomes

100 Andrea Dr
Nicholasville, KY
Accepts Vouchers

Nicholasville Greens

N Central AVE
Nicholasville, KY
Accepts Vouchers

Creekside Senior Apartments

N Second ST
Nicholasville, KY
Accepts Vouchers

Imperial Pointe, Phase V

410 Imperial Pointe
Nicholasville, KY
Accepts Vouchers

Staton - Groves

108 Cypress St
Nicholasville, KY

Housing Authorities that serve Jessamine County

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

Other Housing Authorities located in Jessamine County

Housing Authority Programs
Housing Authority of Nicholasville Public Housing

Guide To Affordable Housing in Jessamine County, Kentucky

There are 15 low income housing apartment communities offering 508 affordable apartments for rent in Jessamine County, Kentucky. Jessamine County features 200 low income apartments with rental assistance where households typically pay no more than 30% of their income towards rent. Additionally, there are 308 other low income apartments that don't provide direct rental assistance but remain affordable to low income households in Jessamine County.

Sourced from federal housing data and research.

Jessamine County, KY Affordable Housing Snapshot

Total Affordable Apartment Properties 15
Total Low Income Apartments 508
Total Housing Units with Rental Assistance 200
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.1

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 $74,500

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 Jessamine County 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 $15,650 $17,900 $21,330 $25,750 $30,170 $34,590 $39,010 $43,430
50% of Median $26,100 $29,800 $33,550 $37,250 $40,250 $43,250 $46,200 $49,200
80% of Median $41,750 $47,700 $53,650 $59,600 $64,400 $69,150 $73,950 $78,700
Fair Market Rents in Jessamine County

Fair Market Rents, often abbreviated as FMR, can be used to better understand the average housing costs of an area. Notably, Fair Market Rents are used to establish the payment standards for the Housing Choice Voucher Program, maximum rents in HOME financed rental projects and initial rents for Section 8 project based assistance.

2020 Fair Market Rents
Studio One BR Two BR Three BR Four BR
$597 $678 $858 $1,189 $1,496

Cities In Jessamine County

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

City Listings Served By
Nicholasville 15 The HUD funded Public Housing Agencies that serve Nicholasville are the Housing Authority of Nicholasville and Kentucky Housing Corporation.
Wilmore 0 The HUD funded Public Housing Agency that serves Wilmore is the Kentucky Housing Corporation.
High Bridge 0 The HUD funded Public Housing Agency that serves High Bridge is the Kentucky Housing Corporation.