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

Discover affordable housing in Lee County where there are 6+ 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.

Beattyville School Apartments

E Center St, Beattyville, Kentucky 41311

Falcon Ridge Apartments

85 Manor Dr, Beattyville, Kentucky 41311

September Place Annex

45 Mason St, Beattyville, Kentucky 41311

September Place Retirement Village

137 E Main St, Beattyville, Kentucky 41311

Beattyville Manor Apartments

151 Manor Dr, Beattyville, Kentucky 41311

Ha Beattyville

227 Boone Ave, Beattyville, Kentucky 41311

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Lee County, Kentucky
$16.10/hour
$8.85 (+122%) more than Kentucky minimum wage and $8.85 (+122%) more than the Federal minimum wage.
Learn More About Lee County, Kentucky Affordable Housing ↓

What HUD offices serve Lee 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 Lee County, Kentucky.

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

How many renters live in Lee County, Kentucky?

The County of Lee County has 7,338 people living in 2,637 households.

There are 1,577 renters living in 802 renter households in this County. Renters make up 21.49 percent of the population living in Lee County.

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

There are an estimated 3,226 housing units in the Lee County area. Of these, 842 units are rental homes, making up 26 percent of the housing market. For every renter household in Lee County, Kentucky, there are 1 rental units.

What is the vacancy rate for rentals in Lee County?

The rental vacancy rate in Lee County is 5 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 Lee County for each bedroom size?

Occupied Rental Units by Size in Lee County
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
16 216 248 300 4
Occupied Rental Units by Size in Lee County

A large number of apartments in Lee 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 Lee County are overburdened by housing costs?

Among renter households in this market, 37 percent have housing cost burden. Further, 11 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 Lee County

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $616 to $1,156. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $616
One BR $647
Two BR $850
Three BR $1,151
Four BR $1,156
2024 Fair Market Rents in Lee County, Kentucky

How many units are rented at Fair Market Rent (FMR) in Lee 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 0 100 percent
One BR 162 75 percent
Two BR 107 43 percent
Rental Units Below FMR in Lee County, Kentucky

How many affordable rental units are in Lee County?

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

Federal Program Unit Count
Low Income Housing Tax Credit 49
Public Housing 30
Section 8 Project-Based Rental Assistance 122
Section 202 Supportive Housing for the Elderly 6
USDA Section 515 Rural Rental Housing 41
Tracked Units by Federal Program in Lee County, Kentucky

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

Income Based Apartments in Lee County, Kentucky

Lee County features 138 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 Lee County, Kentucky

There are 18 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Lee County.

Housing Choice Vouchers in Lee County, Kentucky

On average, Section 8 Housing Choice vouchers pay Lee County landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Lee County.

The maximum amount a voucher would pay on behalf of a low-income tenant in Lee County, Kentucky for a two-bedroom apartment is between $765 and $935.

Sourced from federal housing data and AffordableHousingOnline.com research.