Affordable Housing In Junction City
Boyle County, Kentucky

2 Low Income Apartment Communities In Junction City

Northtown Senior Apartments

4245 Houstonville Rd
Junction City, KY
Subsidized

Burckley Homes

101 Bells Ln
Junction City, KY
  • «
  • 1
  • »

Housing Authorities that serve Junction City

Housing Authority Programs
Housing Authority of Danville Public Housing

Guide To Affordable Housing in Junction City, Kentucky

There are 2 low income housing apartment communities offering 152 affordable apartments for rent in Junction City, Kentucky.

Income Based Apartments in Junction City, Kentucky

Junction City features 152 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 Junction City, Kentucky

There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Junction City.

Housing Choice Vouchers in Junction City, Kentucky

On average, Section 8 Housing Choice vouchers pay Junction City landlords $400 per month towards rent. The average voucher holder contributes $300 towards rent in Junction City.

The maximum amount a voucher would pay on behalf of a low-income tenant in Junction City, Kentucky for a two-bedroom apartment is between $642 and $784.

2020 Junction City, 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 $507 $541 $713 $974 $1,165
Payment Standard Range $456 to $558 $487 to $595 $642 to $784 $877 to $1,071 $1,049 to $1,282

Sourced from federal housing data and AffordableHousingOnline.com research.

Junction City, KY Affordable Housing Snapshot

Total Affordable Apartment Properties 2
Total Low Income Apartments 152
Total Housing Units with Rental Assistance 152
Percentage of Housing Units Occupied By Renters 34.5%
Average Renter Household Size 2.58
Average Household Size 2.55
Median Household Income $31,766 ±$2,544
Median Rent $630 ±$46
Percentage Of Renters Overburdened 37.5% ± 14.45pp
Total Population 2,494

Population and Household Demographics

Junction City is a City in Boyle County, Kentucky with a population of 2,494. There are 974 households in the city with an average household size of 2.55 persons. 34.5% of households in Junction City are renters.

Income and Rent Overburden in Junction City

The median gross income for households in Junction City is $31,766 a year, or $2,647 a month. The median rent for the city is $630 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Junction City, a household making less than $2,100 a month would be considered overburdened when renting an apartment at or above the median rent. 37.5% of households who rent are overburdened in Junction City.1

Area Median Income In Junction City

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.

HUD often uses an area larger than a city to determine the AMI because HUD anticipates those searching for housing will look beyond individual cities during their housing search. For Junction City, the AMI is calculated from all households within Boyle County.

In Junction City, HUD calculates the Area Median Income for a family of four as $56,500

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 Junction City

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 Junction City HUD Rental Assistance in Junction City

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $12,490 $16,910 $21,330 $25,750 $30,170 $32,800 $35,050 $37,300
50% of Median $19,800 $22,600 $25,450 $28,250 $30,550 $32,800 $35,050 $37,300
80% of Median $31,650 $36,200 $40,700 $45,200 $48,850 $52,450 $56,050 $59,700