Affordable Housing In Maysville
Mason County, Kentucky

8 Low Income Apartment Communities In Maysville

Woodleigh Homes

1112 Forest Ave
Maysville, Kentucky
Call For Rent
1-2 BR

Heritage Square I and II

400 Lincoln Dr
Maysville, Kentucky

Stoneleigh Apartments

121 W 3rd St
Maysville, Kentucky
Subsidized
62+
Accessible
Elderly Supportive Housing

St Paul Trinity Community

665 Kenton Station Rd
Maysville, Kentucky
Subsidized
62+
Accessible
Elderly Supportive Housing

Maysville High School

215 Limestone St
Maysville, Kentucky

Beechwood Manor

300 Wood St
Maysville, Kentucky

Buffalo Trace Housing Corp

Limestone St
Maysville, Kentucky

Limestone Apts.

303 River Drive
Maysville, Kentucky
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Section 8 Vouchers, Apartments, and Waiting Lists in Maysville, 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.

Households who qualify for these programs may also qualify for Project-Based Section 8, which contributes rental assistance payments directly to private landlords on behalf of low-income tenants. Eligibility for the project-based program is similar to the voucher programs, but waiting list and application policies will vary depending on the landlord.

Public Housing Agencies Serving Maysville, Kentucky

Housing Authority Programs
Housing Authority of Maysville Section 8 Housing Choice Voucher (HCV); Public Housing
Kentucky Housing Corporation Section 8 Housing Choice Voucher (HCV)

Guide To Affordable Housing in Maysville, Kentucky

There are 8 low income housing apartment communities offering 359 affordable apartments for rent in Maysville, Kentucky.

Income Based Apartments in Maysville, Kentucky

Maysville features 251 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 Maysville, Kentucky

There are 108 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Maysville.

Housing Choice Vouchers in Maysville, Kentucky

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Maysville, Kentucky for a two-bedroom apartment is between $659 and $805.

2022 Maysville, 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
Maysville, Kentucky Fair Market Rent $524 $568 $732 $905 $1,134
Maysville, Kentucky Payment Standard Range $472 to $576 $511 to $625 $659 to $805 $815 to $996 $1,021 to $1,247

Sourced from federal housing data and AffordableHousingOnline.com research.

Maysville, KY Affordable Housing Snapshot

Total Affordable Apartment Properties 8
Total Low Income Apartments 359
Total Housing Units with Rental Assistance 251
Percentage of Housing Units Occupied By Renters 44.51%
Average Renter Household Size 2.34
Average Household Size 2.32
Median Household Income $29,773 ±$4,646
Median Rent $524 ±$43
Percentage Of Renters Overburdened 34.8% ± 7.86pp
Total Population 8,924

Population and Household Demographics

Maysville is a city in Mason County, Kentucky with a population of 8,924. There are 3,718 households in the city with an average household size of 2.32 persons. 44.51% of households in Maysville are renters.

Income and Rent Overburden in Maysville

The median gross income for households in Maysville is $29,773 a year, or $2,481 a month. The median rent for the city is $524 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Maysville, a household making less than $1,747 a month would be considered overburdened when renting an apartment at or above the median rent. 34.8% of households who rent are overburdened in Maysville.

Area Median Income In Maysville

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

In Maysville, HUD calculates the Area Median Income for a family of four as $60,700

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 Maysville

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 Maysville

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 Maysville AMI may qualify for rental assistance programs that target Extremely Low Income households.
$12,880 $17,420 $21,960 $26,500 $31,040 $35,100 $37,550 $39,950
50% AMI Income Limits
Renters earning up to 50% of the Maysville AMI may qualify for rental assistance programs that target Very Low Income households.
$21,200 $24,200 $27,250 $30,250 $32,700 $35,100 $37,550 $39,950
80% AMI Income Limits
Renters earning up to 80% of the Maysville AMI may qualify for rental assistance programs that target Low Income households.
$33,900 $38,750 $43,600 $48,400 $52,300 $56,150 $60,050 $63,900