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

Discover affordable housing in Laurel County where there are 18+ 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.

Arlington Greene

100 Arlington Greene, London, Kentucky 40741

Laurel Square Apartments

117 W Carter Rd, London, Kentucky 40741

Cedar Lane II

417 Spring St, London, Kentucky 40741

Cedar Lane II Apartments

415 Spring St, London, Kentucky 40741

Wildwood Apartments

1001 Wildwood Apartment, London, Kentucky 40744

London Village

101 London Vlg, London, Kentucky 40741

County Farm Apartments

113 Mitchell Creek Rd, London, Kentucky 40741

London Apartments

135 Little Dr, London, Kentucky 40744

Carnaby Square Apartments

825 S Main St, London, Kentucky 40741

Boone Village

301 Lillian Ln, London, Kentucky 40741

Abigale Apartments

Mcwhorter Rd, London, Kentucky 40741

Dogwood Hills II

300 Reams Lane, London, Kentucky

Dogwood Hills I

300 Reams Lane, London, Kentucky

Arlington Greene

Arlington Greene, London, Kentucky 40741

Southbrook Homes

Disney Dr, London, Kentucky 40744

House Manor and Pinehill A

100 Scott St, London, Kentucky 40741

Dawn Springs Villa

101 Dawn Springs Vl, London, Kentucky 40741

Emma Estates

108 County Farm Rd, London, Kentucky 40741

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Laurel County, Kentucky
$16.55/hour
$9.30 (+128%) more than Kentucky minimum wage and $9.30 (+128%) more than the Federal minimum wage.
Learn More About Laurel County, Kentucky Affordable Housing ↓

What HUD offices serve Laurel 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 Section 8 Housing Choice Voucher (HCV) programs for Laurel County, Kentucky.

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

How many renters live in Laurel County, Kentucky?

The County of Laurel County has 62,442 people living in 23,424 households.

There are 16,228 renters living in 6,746 renter households in this County. Renters make up 25.99 percent of the population living in Laurel County.

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

There are an estimated 26,569 housing units in the Laurel County area. Of these, 7,448 units are rental homes, making up 28 percent of the housing market. For every renter household in Laurel County, Kentucky, there are 1 rental units.

What is the vacancy rate for rentals in Laurel County?

The rental vacancy rate in Laurel County is 9 percent. This is a higher than average vacancy rate. When rental vacancy rates are high it means that there are a lot of available units and rents tend to be lower.

How many rental units are in Laurel County for each bedroom size?

Occupied Rental Units by Size in Laurel County
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
213 743 2,922 2,278 517
Occupied Rental Units by Size in Laurel County

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

How many renter households in Laurel County are overburdened by housing costs?

Among renter households in this market, 33 percent have housing cost burden. Further, 16 percent of households are extremely rent overburdened. When renters pay too much for their housing, it leaves little money for other necessities like food, clothes, or medicine.

The federal government says that renters are cost-burdened if they pay more than a third of their monthly income for rent and utilities.

How Much Is Rent in Laurel County

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $595 to $1,207. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $595
One BR $665
Two BR $874
Three BR $1,123
Four BR $1,207
2024 Fair Market Rents in Laurel County, Kentucky

How many units are rented at Fair Market Rent (FMR) in Laurel 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 167 78 percent
One BR 444 60 percent
Two BR 1,766 60 percent
Rental Units Below FMR in Laurel County, Kentucky

How many affordable rental units are in Laurel County?

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

Federal Program Unit Count
Low Income Housing Tax Credit 433
Public Housing 135
Section 8 Project-Based Rental Assistance 263
USDA Section 515 Rural Rental Housing 256
Tracked Units by Federal Program in Laurel County, Kentucky

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

Income Based Apartments in Laurel County, Kentucky

Laurel County features 439 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 Laurel County, Kentucky

There are 348 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Laurel County.

Housing Choice Vouchers in Laurel County, Kentucky

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Laurel County, Kentucky for a two-bedroom apartment is between $787 and $961.

Sourced from federal housing data and AffordableHousingOnline.com research.