Affordable Housing In Ludlow
Kenton County, Kentucky

Affordable Housing programs support 44 income based apartments in Ludlow where households pay rent based on how much they earn.

There are 0 affordable apartments in Ludlow that offer reduced rents to low-income households.

Waiting Lists in Ludlow, Kentucky

There is one Section 8 Housing Choice Voucher waiting list open in Ludlow.

  • is currently open for new Section 8 applications.

Go to the Kentucky Section 8 Waiting Lists page for more openings near Ludlow.

Highpoint Apartments

110 Hay St
Ludlow, Kentucky
1 BR
Rent Assisted
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Affordable Housing Near Ludlow

View affordable apartments and waiting lists in cities near Ludlow

City Apartments
Affordable Housing In Bromley, KY Affordable Housing programs support 1 apartment communities in Bromley.
Affordable Housing In Covington, KY Affordable Housing programs support 34 apartment communities in Covington.
Affordable Housing In Crescent Springs, KY Affordable Housing programs support 1 apartment communities in Crescent Springs.
Affordable Housing In Elsmere, KY Affordable Housing programs support 1 apartment communities in Elsmere.
Affordable Housing In Erlanger, KY Affordable Housing programs support 4 apartment communities in Erlanger.
Affordable Housing In Independence, KY Affordable Housing programs support 4 apartment communities in Independence.

Public Housing Agencies Serving Ludlow, 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.

Housing Authority Programs
Housing Authority of Covington - Section 8 Section 8 Housing Choice Voucher (HCV); Family Self-Sufficiency; Veteran Affairs Supportive Housing (VASH); Section 8 Project-Based Voucher (PBV)
Housing Authority of Covington - Public Housing Public Housing
Go to the Kentucky Public Housing and Low-Income Apartments Waiting Lists page for openings near Ludlow.

Ludlow, Kentucky Affordable Housing Data

Income Based Apartments in Ludlow, Kentucky

Ludlow features 44 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 Ludlow, Kentucky

There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Ludlow.

Housing Choice Vouchers in Ludlow, Kentucky

On average, Section 8 Housing Choice vouchers pay Ludlow landlords $500 per month towards rent. The average voucher holder contributes $300 towards rent in Ludlow.

The maximum amount a voucher would pay on behalf of a low-income tenant in Ludlow, Kentucky for a two-bedroom apartment is between $984 and $1,202.

2023 Ludlow, 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
Ludlow, Kentucky Fair Market Rent $731 $839 $1,093 $1,464 $1,645
Ludlow, Kentucky Payment Standard Range $658 to $804 $755 to $923 $984 to $1,202 $1,318 to $1,610 $1,481 to $1,810

Sourced from federal housing data and research.

Ludlow, KY Affordable Housing Snapshot

Total Affordable Apartment Properties 1
Total Low Income Apartments 44
Total Housing Units with Rental Assistance 44
Percentage of Housing Units Occupied By Renters 39.12%
Average Renter Household Size 2.51
Average Household Size 2.44
Median Household Income $44,246 ±$7,409
Median Rent $724 ±$71
Percentage Of Renters Overburdened 48.76% ± 11.92pp
Total Population 4,547

Population and Household Demographics

Ludlow is a city in Kenton County, Kentucky with a population of 4,547. There are 1,861 households in the city with an average household size of 2.44 persons. 39.12% of households in Ludlow are renters.

Income and Rent Overburden in Ludlow

The median gross income for households in Ludlow is $44,246 a year, or $3,687 a month. The median rent for the city is $724 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Ludlow, a household making less than $2,413 a month would be considered overburdened when renting an apartment at or above the median rent. 48.76% of households who rent are overburdened in Ludlow.

Area Median Income In Ludlow

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 Ludlow, the AMI is calculated from all households within Kenton County.

In Ludlow, HUD calculates the Area Median Income for a family of four as $99,100

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 Ludlow

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 Ludlow

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 Ludlow AMI may qualify for rental assistance programs that target Extremely Low Income households.
$20,100 $22,950 $25,800 $28,650 $32,470 $37,190 $41,910 $46,630
50% AMI Income Limits
Renters earning up to 50% of the Ludlow AMI may qualify for rental assistance programs that target Very Low Income households.
$33,450 $38,200 $43,000 $47,750 $51,600 $55,400 $59,250 $63,050
80% AMI Income Limits
Renters earning up to 80% of the Ludlow AMI may qualify for rental assistance programs that target Low Income households.
$53,500 $61,150 $68,800 $76,400 $82,550 $88,650 $94,750 $100,850