Affordable Housing In Lee County
6 Low Income Apartment Communities In Lee County
Housing Authorities that serve Lee County
|Kentucky Housing Corporation||Section 8 Housing Choice Voucher (HCV)|
Other Housing Authorities located in Lee County
|Housing Authority of Beattyville||Public Housing|
Guide To Affordable Housing in Lee County, Kentucky
There are 6 low income housing apartment communities offering 216 affordable apartments for rent in Lee County, Kentucky.
Income Based Apartments in Lee County, Kentucky
Lee County features 198 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.
Sourced from federal housing data and AffordableHousingOnline.com research.
Lee County, KY Affordable Housing Snapshot
|Total Affordable Apartment Properties||6|
|Total Low Income Apartments||216|
|Total Housing Units with Rental Assistance||198|
|Percentage of Housing Units Occupied By Renters||23.68%|
|Average Renter Household Size||1.85|
|Average Household Size||2.20|
|Median Household Income||$22,698 ±$3,375|
|Median Rent||$435 ±$34|
|Percentage Of Renters Overburdened||46.97% ± 11.81pp|
Population and Household Demographics
Lee County is a County in Kentucky with a population of 7,119. There are 2,859 households in the county with an average household size of 2.20 persons. 23.68% of households in Lee County are renters.
Income and Rent Overburden in Lee County
The median gross income for households in Lee County is $22,698 a year, or $1,892 a month. The median rent for the county is $435 a month.
Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Lee County, a household making less than $1,450 a month would be considered overburdened when renting an apartment at or above the median rent. 46.97% of households who rent are overburdened in Lee County.1
Area Median Income In Lee 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 Lee County, HUD calculates the Area Median Income for a family of four as $32,400
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 Lee 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 HUD Rental Assistance in Lee 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|