Affordable Housing In Lewis County
Kentucky

4 Low Income Apartment Communities In Lewis County

Echo Hill Apartments

20 Echo Hill
Vanceburg, KY
Call For Rent
1-3 BR
HCV Welcome
Subsidized

Housing Authority of Vanceburg Public Housing

708 Fairlane Drive South
Vanceburg, KY

Kentucky

200 Gander Branch Rd
Vanceburg, KY
HCV Welcome

Vanceburg Senior Apartments

22 Winterwood Ln
Vanceburg, KY
Subsidized
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Housing Authorities that serve Lewis County

Housing Authority Programs
Kentucky Housing Corporation Section 8 Housing Choice Voucher (HCV)

Other Housing Authorities located in Lewis County

Housing Authority Programs
Housing Authority Vanceburg Public Housing

Guide To Affordable Housing in Lewis County, Kentucky

According to federal housing data and AffordableHousingOnline.com research, there are 4 low income housing apartment communities offering 122 affordable apartments for rent in Lewis County, Kentucky. Lewis County features 116 low income apartments with rental assistance where households typically pay no more than 30% of their income towards rent. Additionally, there are 6 other low income apartments that don't provide direct rental assistance but remain affordable to low income households in Lewis County.

Lewis County, KY Affordable Housing Snapshot

Total Affordable Apartment Properties 4
Total Low Income Apartments 122
Total Housing Units with Rental Assistance 116
Percentage of Housing Units Occupied By Renters 23.41%
Average Renter Household Size 2.68
Average Household Size 2.54
Median Household Income $28,630 ±$2,096
Median Rent $438 ±$146
Percentage Of Renters Overburdened 28.3% ± 6.77pp
Total Population 13,790

Population and Household Demographics

Lewis County is a County in Kentucky with a population of 13,790. There are 5,373 households in the county with an average household size of 2.54 persons. 23.41% of households in Lewis County are renters.

Income and Rent Overburden in Lewis County

The median gross income for households in Lewis County is $28,630 a year, or $2,386 a month. The median rent for the county is $438 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Lewis County, a household making less than $1,460 a month would be considered overburdened when renting an apartment at or above the median rent. 28.3% of households who rent are overburdened in Lewis County.1

Area Median Income In Lewis 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 Lewis County, HUD calculates the Area Median Income for a family of four as $44,200

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 Lewis 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 Lewis County HUD Rental Assistance in Lewis 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

If your income is less than 60% of the Area Median Income (AMI), you should not expect to pay more than the rent value for a unit in the table below. However, Affordable apartment communities that receive funding through the Low Income Housing Tax Credit program may have rental units that are not subject to income and rent limits.

Rent limits for the LIHTC Program are determined so that a household making the maximum income for the expected household size of the unit would only pay 30% of their income for rent.

Income Qualifications for Low Income Housing Tax Credit Apartments in Lewis County

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
50% of Median $17,950 $20,500 $23,050 $25,600 $27,650 $29,700 $31,750 $33,800
60% of Median $21,540 $24,600 $27,660 $30,720 $33,180 $35,640 $38,100 $40,560

For example, the expected household size for a two bedroom apartment is 3 people. Using the table above, the maximum income for a 3 person household at 60% of the AMI in Lewis County is $27,660 a year, or $2,305 a month. To determine the maximum rent in the table below we multiply the monthly maximum income, $2,305 by 30% to get a maximum rent of $692 a month.

Rent for units in the LIHTC Program include a utility allowance which is determined by the average monthly cost of utilities paid directly by residents. This allowance has not been subtracted from the rents in the table below. These utility allowances are set on a property by property basis.

% of AMI Studio 1 Bed 2 Bed 3 Bed 4 Bed 5 Bed
50% $449 $481 $576 $666 $743 $819
60% $539 $577 $692 $799 $891 $983
Fair Market Rents in Lewis 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
$448 $535 $631 $885 $899

Cities In Lewis County

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

City Listings Served By
Vanceburg 4 The HUD funded Public Housing Agencies that serve Vanceburg are the Housing Authority Vanceburg and Kentucky Housing Corporation.
Concord 0 The HUD funded Public Housing Agency that serves Concord is the Kentucky Housing Corporation.
Garrison 0 The HUD funded Public Housing Agency that serves Garrison is the Kentucky Housing Corporation.