Low Income Apartments and Affordable Housing For Rent in Mason County, KY

Discover affordable housing in Mason County where there are 8+ housing opportunities based on income and household needs like accessible units for seniors or persons with disabilities. Find and apply to these low income apartments now.

Woodleigh Homes

1112 Forest Ave, Maysville, Kentucky 41056

Heritage Square I and II

400 Lincoln Dr, Maysville, Kentucky 41056

Stoneleigh Apartments

121 W 3rd St, Maysville, Kentucky 41056

St Paul Trinity Community

665 Kenton Station Rd, Maysville, Kentucky 41056

Maysville High School

215 Limestone St, Maysville, Kentucky 41056

Limestone Apts.

303 River Drive, Maysville, Kentucky

Beechwood Manor

300 Wood St, Maysville, Kentucky 41056

Buffalo Trace Housing Corp

Limestone St, Maysville, Kentucky 41056

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Mason County, Kentucky
$17.25/hour
$10.00 (+138%) more than Kentucky minimum wage and $10.00 (+138%) more than the Federal minimum wage.
Learn More About Mason County, Kentucky Affordable Housing ↓

What HUD offices serve Mason County, 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.

Operates the Section 8 Housing Choice Voucher (HCV) programs for Mason County, Kentucky.

Go to the Kentucky Public Housing and Low-Income Apartments Waiting Lists page for openings near Mason County.

How many renters live in Mason County, Kentucky?

The County of Mason County has 17,068 people living in 6,695 households.

There are 4,781 renters living in 2,099 renter households in this County. Renters make up 28.01 percent of the population living in Mason County.

What is the rental market like in Mason County, Kentucky?

There are an estimated 8,181 housing units in the Mason County area. Of these, 2,584 units are rental homes, making up 32 percent of the housing market. For every renter household in Mason County, Kentucky, there are 1 rental units.

What is the vacancy rate for rentals in Mason County?

The rental vacancy rate in Mason County is 9 percent. This is a higher than average vacancy rate. When rental vacancy rates are high it means that there are a lot of available units and rents tend to be lower.

How many rental units are in Mason County for each bedroom size?

Occupied Rental Units by Size in Mason County
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
174 538 742 505 55
Occupied Rental Units by Size in Mason County

A large number of apartments in Mason County have two or fewer bedrooms. Seniors and young professionals especially may have more success finding an apartment that meets their needs.

How many renter households in Mason County are overburdened by housing costs?

Among renter households in this market, 34 percent have housing cost burden. Further, 22 percent of households are extremely rent overburdened. When renters pay too much for their housing, it leaves little money for other necessities like food, clothes, or medicine.

The federal government says that renters are cost-burdened if they pay more than a third of their monthly income for rent and utilities.

How Much Is Rent in Mason County

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $617 to $1,238. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $617
One BR $752
Two BR $911
Three BR $1,102
Four BR $1,238
2024 Fair Market Rents in Mason County, Kentucky

How many units are rented at Fair Market Rent (FMR) in Mason County?

Renters with a Section 8 Housing Choice Voucher must select a home that is at or below the area’s Fair Market Rent. Markets with a large share of units above FMR tend to have longer search times to find a qualified unit, while those with a large share of units below FMR tend to have more choices and shorter search times. The share below FMR can vary by size of unit, as shown in the table below.

These are the approximate number of units renting below the FMR in this market:

Unit Size Count of Units Below FMR Percentage of Total Units Below FMR
Studio 135 78 percent
One BR 399 74 percent
Two BR 489 66 percent
Rental Units Below FMR in Mason County, Kentucky

How many affordable rental units are in Mason County?

There are a variety of federal affordable housing programs serving households in Mason County, Kentucky including the following:

Federal Program Unit Count
Low Income Housing Tax Credit 144
Public Housing 260
Section 8 Project-Based Rental Assistance 62
USDA Section 515 Rural Rental Housing 120
Tracked Units by Federal Program in Mason County, Kentucky

Rental units may be funded in part by multiple federal programs.

Income Based Apartments in Mason County, Kentucky

Mason County features 370 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 Mason County, Kentucky

There are 158 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Mason County.

Housing Choice Vouchers in Mason County, Kentucky

On average, Section 8 Housing Choice vouchers pay Mason County landlords $400 per month towards rent. The average voucher holder contributes $300 towards rent in Mason County.

The maximum amount a voucher would pay on behalf of a low-income tenant in Mason County, Kentucky for a two-bedroom apartment is between $820 and $1,002.

Sourced from federal housing data and AffordableHousingOnline.com research.