Affordable Housing In Mays Lick
Mason County, Kentucky

Affordable Housing programs support 0 income based apartments in Mays Lick where households pay rent based on how much they earn.

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

Waiting Lists in Mays Lick, Kentucky

There are no open Section 8 Housing Choice Voucher waiting lists in Mays Lick. Go to the Kentucky Section 8 Waiting Lists page for openings near Mays Lick.

Affordable Housing Near Mays Lick

View affordable apartments and waiting lists in cities near Mays Lick

City Apartments
Affordable Housing In Maysville, KY Affordable Housing programs support 8 apartment communities in Maysville.

Public Housing Agencies Serving Mays Lick, 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
Kentucky Housing Corporation Section 8 Housing Choice Voucher (HCV)
Go to the Kentucky Public Housing and Low-Income Apartments Waiting Lists page for openings near Mays Lick.

Mays Lick, Kentucky Affordable Housing Data

Income Based Apartments in Mays Lick, Kentucky

Mays Lick features 0 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 Mays Lick, Kentucky

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

Housing Choice Vouchers in Mays Lick, Kentucky

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Mays Lick, Kentucky for a two-bedroom apartment is between $742 and $906.

2023 Mays Lick, 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
Mays Lick, Kentucky Fair Market Rent $551 $641 $824 $1,003 $1,110
Mays Lick, Kentucky Payment Standard Range $496 to $606 $577 to $705 $742 to $906 $903 to $1,103 $999 to $1,221

Sourced from federal housing data and AffordableHousingOnline.com research.

Mays Lick, KY Affordable Housing Snapshot

Total Affordable Apartment Properties 0
Total Low Income Apartments 0
Total Housing Units with Rental Assistance 0
Percentage of Housing Units Occupied By Renters 7.04%
Average Renter Household Size 4.00
Average Household Size 2.21
Median Household Income $26,932 ±$25,932
Median Rent $0 ±$0
Percentage Of Renters Overburdened 60% ± 390.57pp
Total Population 157

Population and Household Demographics

Mays Lick is a city in Mason County, Kentucky with a population of 157. There are 71 households in the city with an average household size of 2.21 persons. 7.04% of households in Mays Lick are renters.

Income and Rent Overburden in Mays Lick

The median gross income for households in Mays Lick is $26,932 a year, or $2,244 a month. The median rent for the city is $0 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Mays Lick, a household making less than $0 a month would be considered overburdened when renting an apartment at or above the median rent. 60% of households who rent are overburdened in Mays Lick.

Area Median Income In Mays Lick

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 Mays Lick, the AMI is calculated from all households within Mason County.

In Mays Lick, HUD calculates the Area Median Income for a family of four as $69,900

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 Mays Lick

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 Mays Lick

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 Mays Lick AMI may qualify for rental assistance programs that target Extremely Low Income households.
$14,250 $18,310 $23,030 $27,750 $32,470 $37,190 $41,910 $44,650
50% AMI Income Limits
Renters earning up to 50% of the Mays Lick AMI may qualify for rental assistance programs that target Very Low Income households.
$23,700 $27,050 $30,450 $33,800 $36,550 $39,250 $41,950 $44,650
80% AMI Income Limits
Renters earning up to 80% of the Mays Lick AMI may qualify for rental assistance programs that target Low Income households.
$37,900 $43,300 $48,700 $54,100 $58,450 $62,800 $67,100 $71,450