Affordable Housing In Johnson County
8 Low Income Apartment Communities In Johnson County
Guide To Affordable Housing in Johnson County, Kentucky
There are 8 low income housing apartment communities offering 566 affordable apartments for rent in Johnson County, Kentucky.
Income Based Apartments in Johnson County, Kentucky
Johnson County features 306 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 Johnson County, Kentucky
There are 240 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Johnson County.
Housing Choice Vouchers in Johnson County, Kentucky
On average, Section 8 Housing Choice vouchers pay Johnson County landlords $500 per month towards rent. The average voucher holder contributes $300 towards rent in Johnson County.
The maximum amount a voucher would pay on behalf of a low-income tenant in Johnson County, Kentucky for a two-bedroom apartment is between $607 and $741.
2022 Johnson 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|
|Johnson County, Kentucky Fair Market Rent||$482||$512||$674||$911||$914|
|Johnson County, Kentucky Payment Standard Range||$434 to $530||$461 to $563||$607 to $741||$820 to $1,002||$823 to $1,005|
Sourced from federal housing data and AffordableHousingOnline.com research.
Johnson County, KY Affordable Housing Snapshot
|Total Affordable Apartment Properties||8|
|Total Low Income Apartments||566|
|Total Housing Units with Rental Assistance||306|
|Percentage of Housing Units Occupied By Renters||25.11%|
|Average Renter Household Size||2.48|
|Average Household Size||2.53|
|Median Household Income||$35,570 ±$1,792|
|Median Rent||$543 ±$60|
|Percentage Of Renters Overburdened||42.57% ± 8.13pp|
Population and Household Demographics
Johnson County is a county in Kentucky with a population of 23,350. There are 9,035 households in the county with an average household size of 2.53 persons. 25.11% of households in Johnson County are renters.
Income and Rent Overburden in Johnson County
The median gross income for households in Johnson County is $35,570 a year, or $2,964 a month. The median rent for the county is $543 a month.
Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Johnson County, a household making less than $1,810 a month would be considered overburdened when renting an apartment at or above the median rent. 42.57% of households who rent are overburdened in Johnson County.
Area Median Income In Johnson 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 Johnson County, HUD calculates the Area Median Income for a family of four as $50,200
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 Johnson 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 Johnson 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 Johnson County AMI may qualify for rental assistance programs that target Extremely Low Income households.
|50% AMI Income Limits
Renters earning up to 50% of the Johnson County AMI may qualify for rental assistance programs that target Very Low Income households.
|80% AMI Income Limits
Renters earning up to 80% of the Johnson County AMI may qualify for rental assistance programs that target Low Income households.