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Affordable Housing In Martin County
Kentucky

3 Low Income Apartment Communities In Martin County

Dempsey Housing

924 Hode Rd
Warfield, Kentucky
Subsidized

Skeeze Ward Manor

300 Rockcastle Rd
Inez, Kentucky
Subsidized
62+
Accessible
Elderly Supportive Housing

Quail Hollow II Apartments

72 Quail Hollow
Inez, Kentucky
Accepts Vouchers
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Housing Authorities that serve Martin County

Housing Authority Programs
Housing Authority of Martin County Public Housing
Kentucky Housing Corporation Section 8 Housing Choice Voucher (HCV)

Guide To Affordable Housing in Martin County, Kentucky

There are 3 low income housing apartment communities offering 208 affordable apartments for rent in Martin County, Kentucky.

Income Based Apartments in Martin County, Kentucky

Martin County features 184 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 Martin County, Kentucky

There are 24 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Martin County.

Housing Choice Vouchers in Martin County, Kentucky

On average, Section 8 Housing Choice vouchers pay Martin County landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Martin County.

The maximum amount a voucher would pay on behalf of a low-income tenant in Martin County, Kentucky for a two-bedroom apartment is between $568 and $694.

2020 Martin 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 $448 $500 $631 $786 $885
Payment Standard Range $403 to $493 $450 to $550 $568 to $694 $707 to $865 $797 to $974

Sourced from federal housing data and AffordableHousingOnline.com research.

Martin County, KY Affordable Housing Snapshot

Total Affordable Apartment Properties 3
Total Low Income Apartments 208
Total Housing Units with Rental Assistance 184
Percentage of Housing Units Occupied By Renters 28.56%
Average Renter Household Size 2.22
Average Household Size 2.57
Median Household Income $25,795 ±$4,616
Median Rent $420 ±$164
Percentage Of Renters Overburdened 41.09% ± 13.32pp
Total Population 12,631

Population and Household Demographics

Martin County is a county in Kentucky with a population of 12,631. There are 4,320 households in the county with an average household size of 2.57 persons. 28.56% of households in Martin County are renters.

Income and Rent Overburden in Martin County

The median gross income for households in Martin County is $25,795 a year, or $2,150 a month. The median rent for the county is $420 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Martin County, a household making less than $1,400 a month would be considered overburdened when renting an apartment at or above the median rent. 41.09% of households who rent are overburdened in Martin County.

Area Median Income In Martin 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 Martin County, HUD calculates the Area Median Income for a family of four as $43,100

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 Martin 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 Martin 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 Martin County

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

City Served By
Inez The HUD funded Public Housing Agencies that serve Inez are the Housing Authority of Martin County and Kentucky Housing Corporation.
Warfield The HUD funded Public Housing Agencies that serve Warfield are the Housing Authority of Martin County and Kentucky Housing Corporation.