Affordable Housing In Laurel County
Kentucky

14 Low Income Apartment Communities In Laurel County

Arlington Greene

100 Arlington Greene
London, KY
$405-565
1-4 BR

Cedar Lane II Apartments

415 Spring St
London, KY
Subsidized

Wildwood Apartments

1001 Wildwood Apartment
London, KY
Subsidized

Carnaby Square Apartments

825 S Main St
London, KY
Subsidized

London Apartments

135 Little Dr
London, KY
HCV Welcome

Arlington Greene

Arlington Greene
London, KY
HCV Welcome

County Farm Apartments

113 Mitchell Creek Rd
London, KY
HCV Welcome

Emma Estates

108 County Farm Rd
London, KY
HCV Welcome

Dawn Springs Villa

101 Dawn Springs Vl
London, KY
HCV Welcome

London Village

101 London Vlg
London, KY
HCV Welcome

Housing Authorities that serve Laurel County

Housing Authority Programs
Laurel County Section 8 Housing Section 8 Housing Choice Voucher (HCV)

Other Housing Authorities located in Laurel County

Housing Authority Programs
Housing Authority of London Public Housing

Guide To Affordable Housing in Laurel County, Kentucky

There are 14 low income housing apartment communities offering 613 affordable apartments for rent in Laurel County, Kentucky. Laurel County features 289 low income apartments with rental assistance where households typically pay no more than 30% of their income towards rent. Additionally, there are 324 other low income apartments that don't provide direct rental assistance but remain affordable to low income households in Laurel County.

Sourced from federal housing data and AffordableHousingOnline.com research.

Laurel County, KY Affordable Housing Snapshot

Total Affordable Apartment Properties 14
Total Low Income Apartments 613
Total Housing Units with Rental Assistance 289
Percentage of Housing Units Occupied By Renters 30.51%
Average Renter Household Size 2.45
Average Household Size 2.54
Median Household Income $36,020 ±$1,271
Median Rent $579 ±$19
Percentage Of Renters Overburdened 40.01% ± 5.29pp
Total Population 59,751

Population and Household Demographics

Laurel County is a County in Kentucky with a population of 59,751. There are 23,164 households in the county with an average household size of 2.54 persons. 30.51% of households in Laurel County are renters.

Income and Rent Overburden in Laurel County

The median gross income for households in Laurel County is $36,020 a year, or $3,002 a month. The median rent for the county is $579 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Laurel County, a household making less than $1,930 a month would be considered overburdened when renting an apartment at or above the median rent. 40.01% of households who rent are overburdened in Laurel County.1

Area Median Income In Laurel 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 Laurel County, HUD calculates the Area Median Income for a family of four as $46,800

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 Laurel 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 Laurel County HUD Rental Assistance in Laurel County

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 $25,600 $27,650 $29,700 $31,750 $33,800
50% of Median $17,950 $20,500 $23,050 $25,600 $27,650 $29,700 $31,750 $33,800
80% of Median $28,700 $32,800 $36,900 $40,950 $44,250 $47,550 $50,800 $54,100
Fair Market Rents in Laurel 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
$457 $538 $643 $865 $970

Cities In Laurel County

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

City Listings Served By
London 14 The HUD funded Public Housing Agencies that serve London are the Housing Authority of London and Laurel County Section 8 Housing.
East Bernstadt 0