Affordable Housing In Lexington
Fayette County, Kentucky

Waiting List Openings In Lexington

Northwest Lexington and Northeast Lexington, General Public Housing

How to Apply for the Waiting List.

Northwest Lexington and Northeast Lexington, Self-Sufficiency Public Housing

How to Apply for the Waiting List.

82 Low Income Apartment Communities In Lexington

Parkside III Apartments

1060 Cross Keys Rd
Lexington, Kentucky
Call For Rent
1-3 BR

Hamburg Senior Residence

1601 Villa Medici Pass
Lexington, Kentucky
$597-879
1-2 BR
55+

Gleneagles Apartments

2920 Polo Club Blvd.
Lexington, Kentucky
Call For Rent
1-3 BR

Trent Senior Village

1393 Trent Boulevard
Lexington, Kentucky
Income Based
1-2 BR

Independence Homes Apartments

507 Rogers Road
Lexington, Kentucky
Call For Rent
Studio BR
Accessible

First Presbyterian Church Apartments

179 Market St
Lexington, Kentucky
Call For Rent
1-2 BR

Central Christian Church Apartments

205 E Short St
Lexington, Kentucky
Subsidized
62+
Accessible
Elderly Supportive Housing

Centre Meadows Apartments

1333 Centre Pkwy
Lexington, Kentucky
Income Based
2 BR

Falcon Crest Apartments

1101 Centre Pkwy
Lexington, Kentucky
Call For Rent
3 BR

Fairington of Lexington

3501 Laredo Dr
Lexington, Kentucky
Subsidized

Section 8 Vouchers, Apartments, and Waiting Lists in Lexington, 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.

Households who qualify for these programs may also qualify for Project-Based Section 8, which contributes rental assistance payments directly to private landlords on behalf of low-income tenants. Eligibility for the project-based program is similar to the voucher programs, but waiting list and application policies will vary depending on the landlord.

Public Housing Agencies Serving Lexington, Kentucky

Housing Authority Programs
Lexington-Fayette Urban County Housing Authority Section 8 Housing Choice Voucher (HCV); Public Housing; Homeownership Voucher; Moving to Work

Guide To Affordable Housing in Lexington, Kentucky

There are 82 low income housing apartment communities offering 5,555 affordable apartments for rent in Lexington, Kentucky.

Income Based Apartments in Lexington, Kentucky

Lexington features 3,625 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 Lexington, Kentucky

There are 1,876 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Lexington.

Housing Choice Vouchers in Lexington, Kentucky

On average, Section 8 Housing Choice vouchers pay Lexington landlords $500 per month towards rent. The average voucher holder contributes $400 towards rent in Lexington.

The maximum amount a voucher would pay on behalf of a low-income tenant in Lexington, Kentucky for a two-bedroom apartment is between $821 and $1,003.

2022 Lexington, Kentucky Fair Market Rents and Housing Choice Voucher Payment Standards

Fair Market Rents can be used to better understand the average housing costs of an area. Fair Market Rents are used by HUD to establish payment and rent standards for federal rental assistance programs like the Section 8 Housing Choice Voucher Program.

Studio One BR Two BR Three BR Four BR
Lexington, Kentucky Fair Market Rent $632 $741 $912 $1,256 $1,496
Lexington, Kentucky Payment Standard Range $569 to $695 $667 to $815 $821 to $1,003 $1,130 to $1,382 $1,346 to $1,646

Sourced from federal housing data and AffordableHousingOnline.com research.

Lexington, KY Affordable Housing Snapshot

Total Affordable Apartment Properties 82
Total Low Income Apartments 5,555
Total Housing Units with Rental Assistance 3,625
Percentage of Housing Units Occupied By Renters 45.77%
Average Renter Household Size 2.22
Average Household Size 2.35
Median Household Income $49,778 ±$810
Median Rent $778 ±$11
Percentage Of Renters Overburdened 47.06% ± 1.58pp
Total Population 308,306

Population and Household Demographics

Lexington is a city in Fayette County, Kentucky with a population of 308,306. There are 125,752 households in the city with an average household size of 2.35 persons. 45.77% of households in Lexington are renters.

Income and Rent Overburden in Lexington

The median gross income for households in Lexington is $49,778 a year, or $4,148 a month. The median rent for the city is $778 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Lexington, a household making less than $2,593 a month would be considered overburdened when renting an apartment at or above the median rent. 47.06% of households who rent are overburdened in Lexington.

Area Median Income In Lexington

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.

HUD often uses an area larger than a city to determine the AMI because HUD anticipates those searching for housing will look beyond individual cities during their housing search. For Lexington, the AMI is calculated from all households within Fayette County.

In Lexington, HUD calculates the Area Median Income for a family of four as $75,500

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 Lexington

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 Lexington

1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% AMI Income Limits
Renters earning up to 30% of the Lexington AMI may qualify for rental assistance programs that target Extremely Low Income households.
$15,900 $18,150 $21,960 $26,500 $31,040 $35,580 $40,120 $44,660
50% AMI Income Limits
Renters earning up to 50% of the Lexington AMI may qualify for rental assistance programs that target Very Low Income households.
$26,450 $30,200 $34,000 $37,750 $40,800 $43,800 $46,850 $49,850
80% AMI Income Limits
Renters earning up to 80% of the Lexington AMI may qualify for rental assistance programs that target Low Income households.
$42,300 $48,350 $54,400 $60,400 $65,250 $70,100 $74,900 $79,750