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

Discover affordable housing in Kenton County where there are 56+ 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.

701 Madison Ave

701 Madison Ave, Covington, Kentucky 41011

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accessibility Accessible

908 Greenup St

908 Greenup St, Covington, Kentucky 41011

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accessibility Accessible

344 E 13th St

344 E 13th St, Covington, Kentucky 41011

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accessibility Accessible

14 W 10th St

14 W 10th St, Covington, Kentucky 41011

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1006 Greenup St

1006 Greenup St, Covington, Kentucky 41011

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accessibility Accessible

Panorama Apartments East

Brent Spence Sq, Covington, Kentucky 41011

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accessibility Accessible

Academy Flats Senior Housing

1726 Woodburn Ave, Covington, Kentucky 41011

accessibility Accessible

Transitions Recovery Kentucky

Pleasure Isle Dr, Erlanger, Kentucky 41017

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accessibility Accessible

Cornerstone Crossing

211 Cross Street, Elsmere, Kentucky 41018

bed 1-2
switch_access_shortcut Short Wait
accessibility Accessible

Emery

990 Emery Dr, Covington, Kentucky 41011

payment Subsidized

Academy Flats

1726 Holman Ave, Covington, Kentucky 41011

payment Subsidized

Latonia Terrace

224 Alexandria Dr, Covington, Kentucky 41015

payment Subsidized
accessibility Accessible

Greenup Haus

1122 Greenup St, Covington, Kentucky 41011

switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers
accessibility Accessible

209 W 18th St

209 W 18th St, Covington, Kentucky 41011

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real_estate_agent Accepts Vouchers
accessibility Accessible

Eastside Revitalization I

E 12th, 13th, Garrard, Covington, Kentucky 41011

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accessibility Accessible

2621-2828, 2614-20, 2611-19, 2

2621 Unknown Road, Covington, Kentucky 0

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real_estate_agent Accepts Vouchers

How To Identify Affordable Housing in Kenton County, Kentucky

Look for program and preference badges on affordable apartment listings. These badges can help you identify the types of low income housing each apartment offers and if you may be eligbile for rental assistance or reduced rents.

Badge Description
switch_access_shortcut Short Wait
Low income apartments with no or short waiting lists.
payment Subsidized
Low income housing where the rent is subsidized and the renter pays only a portion of total rent.
real_estate_agent Accepts Vouchers
Apartments that accept Section 8 vouchers near you
elderly Senior
Rental housing for seniors who are 55 (or sometimes 62) and older.
payment Income Based
Affordable apartments where the rent paid is based on renter income.
accessibility Accessible
Meets Accessibilty Requirements of the Fair Housing Act, the ADA, or HUD policy.
accessible_forward Disability
Apartments for individuals or families with disabilities.
real_estate_agent Naturally Affordable
Naturally Occuring Affordable Housing - or NOAH - is any housing unit that offers affordable rent without participating in a rent subsidy program.
calendar_today Opened: Aug 13
Open Until Further Notice
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Reported On March 7th, 2024 by Lorena Bentley

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Kenton County, Kentucky
$22.63/hour
$15.38 (+212%) more than Kentucky minimum wage and $15.38 (+212%) more than the Federal minimum wage.
Learn More About Kenton County, Kentucky Affordable Housing ↓

What HUD offices serve Kenton 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 Public Housing programs for Kenton County, Kentucky.
Operates the Section 8 Housing Choice Voucher (HCV), Family Self-Sufficiency, Veteran Affairs Supportive Housing (VASH), Section 8 Project-Based Voucher (PBV) programs for Kenton County, Kentucky.

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

How many renters live in Kenton County, Kentucky?

The County of Kenton County has people living in households.

There are renters living in renter households in this County. Renters make up 23.02 percent of the population living in Kenton County.

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

There are an estimated housing units in the Kenton County area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Kenton County, Kentucky, there are 1.1 rental units.

What is the vacancy rate for rentals in Kenton County?

The rental vacancy rate in Kenton County is 6 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 Kenton County for each bedroom size?

Occupied Rental Units by Size in Kenton County
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
605 6,333 8,655 2,292 586
Occupied Rental Units by Size in Kenton County

A large number of apartments in Kenton County have two or fewer bedrooms. Seniors and young professionals especially may have more success finding an apartment that meets their needs.

How Much Is Rent in Kenton County

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $810 to $1,766. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $810
One BR $919
Two BR $1,195
Three BR $1,588
Four BR $1,766
2024 Fair Market Rents in Kenton County, Kentucky

How many units are rented at Fair Market Rent (FMR) in Kenton 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 420 69 percent
One BR 3,452 55 percent
Two BR 4,721 55 percent
Rental Units Below FMR in Kenton County, Kentucky

How many affordable rental units are in Kenton County?

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

Federal Program Unit Count
Low Income Housing Tax Credit
Public Housing
Section 8 Project-Based Rental Assistance
Section 202 Supportive Housing for the Elderly
Section 811 Supportive Housing for Persons with Disabilities
Tracked Units by Federal Program in Kenton County, Kentucky

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

Income Based Apartments in Kenton County, Kentucky

Kenton County features 1,642 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 Kenton County, Kentucky

There are 882 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Kenton County.

Housing Choice Vouchers in Kenton County, Kentucky

On average, Section 8 Housing Choice vouchers pay Kenton County landlords $500 per month towards rent. The average voucher holder contributes $300 towards rent in Kenton County.

The maximum amount a voucher would pay on behalf of a low-income tenant in Kenton County, Kentucky for a two-bedroom apartment is between $1,076 and $1,315.

Sourced from federal housing data and AffordableHousingOnline.com research.

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