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Affordable Housing In Lincoln County

12 Low Income Apartment Communities In Lincoln County

Crab Orchard Spring

624 Elm Street
Crab Orchard, Kentucky

Stanford Greens

117 Herndon Drive
Stanford, Kentucky

Housing Authorities that serve Lincoln County

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

Guide To Affordable Housing in Lincoln County, Kentucky

There are 12 low income housing apartment communities offering 319 affordable apartments for rent in Lincoln County, Kentucky.

Income Based Apartments in Lincoln County, Kentucky

Lincoln County features 195 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 Lincoln County, Kentucky

There are 124 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Lincoln County.

Housing Choice Vouchers in Lincoln County, Kentucky

On average, Section 8 Housing Choice vouchers pay Lincoln County landlords $600 per month towards rent. The average voucher holder contributes $200 towards rent in Lincoln County.

The maximum amount a voucher would pay on behalf of a low-income tenant in Lincoln County, Kentucky for a two-bedroom apartment is between $597 and $729.

2021 Lincoln County, 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
Fair Market Rent $475 $503 $663 $870 $899
Payment Standard Range $428 to $523 $453 to $553 $597 to $729 $783 to $957 $809 to $989

Sourced from federal housing data and research.

Lincoln County, KY Affordable Housing Snapshot

Total Affordable Apartment Properties 12
Total Low Income Apartments 319
Total Housing Units with Rental Assistance 195
Percentage of Housing Units Occupied By Renters 26.42%
Average Renter Household Size 2.62
Average Household Size 2.48
Median Household Income $37,139 ±$1,784
Median Rent $569 ±$51
Percentage Of Renters Overburdened 44.05% ± 7.67pp
Total Population 24,498

Population and Household Demographics

Lincoln County is a county in Kentucky with a population of 24,498. There are 9,770 households in the county with an average household size of 2.48 persons. 26.42% of households in Lincoln County are renters.

Income and Rent Overburden in Lincoln County

The median gross income for households in Lincoln County is $37,139 a year, or $3,095 a month. The median rent for the county is $569 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Lincoln County, a household making less than $1,897 a month would be considered overburdened when renting an apartment at or above the median rent. 44.05% of households who rent are overburdened in Lincoln County.

Area Median Income In Lincoln 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 Lincoln County, HUD calculates the Area Median Income for a family of four as $49,200

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 Lincoln 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 Lincoln County

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $12,760 $17,240 $21,720 $26,200 $28,850 $31,000 $33,150 $35,250
50% of Median $18,700 $21,400 $24,050 $26,700 $28,850 $31,000 $33,150 $35,250
80% of Median $29,900 $34,200 $38,450 $42,700 $46,150 $49,550 $52,950 $56,400

Cities In Lincoln County

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

City Served By
Crab Orchard The HUD funded Public Housing Agency that serves Crab Orchard is the Kentucky Housing Corporation.
Eubank The HUD funded Public Housing Agency that serves Eubank is the Kentucky Housing Corporation.
Hustonville The HUD funded Public Housing Agency that serves Hustonville is the Kentucky Housing Corporation.
Stanford The HUD funded Public Housing Agencies that serve Stanford are the Housing Authority of Stanford and Kentucky Housing Corporation.