Affordable Housing In McCreary County
Kentucky

Affordable Housing programs support 162 income based apartments in McCreary County where households pay rent based on how much they earn.

There are 31 affordable apartments in McCreary County that offer reduced rents to low-income households.

Waiting Lists in McCreary County, Kentucky

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

Parkhurst Apartments

26 Meadows Grove Rd
Pine Knot, Kentucky
Rent Assisted

Greene Pointe Apartments

431 W Highway 700
Whitley City, Kentucky
Rent Assisted

Pine Knot Manor

601 Pine Knot Mnr
Pine Knot, Kentucky
Rent Assisted
62+
Accessible
Elderly Supportive Housing

Mccreary Apartments

351 Old Bailey Rd
Whitley City, Kentucky
Rent Assisted

Stearns Residence Center

145 Hume Dr
Stearns, Kentucky
Affordable

Greenes Landing Apartments : Khc Rhp

Hwy 1651 Mccreary
Whitley City, Kentucky
Affordable

Whitley Park Apartments

434 Old Bailey Rd
Whitley City, Kentucky
Rent Assisted

The Landing Apartments

12 Old Bailey Rd
Whitley City, Kentucky
Rent Assisted
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Affordable Housing In McCreary County

View affordable apartments and waiting lists in cities near McCreary County

City Apartments
Affordable Housing In Pine Knot, KY Affordable Housing programs support 2 apartment communities in Pine Knot.
Affordable Housing In Stearns, KY Affordable Housing programs support 1 apartment communities in Stearns.
Affordable Housing In Whitley City, KY Affordable Housing programs support 5 apartment communities in Whitley City.

Public Housing Agencies Serving McCreary 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.

Waiting lists for project-based assistance, like the Public Housing program, are open:

Housing Authority Programs
Housing Authority of McCreary County Public Housing
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 McCreary County.

McCreary County, Kentucky Affordable Housing Data

Income Based Apartments in McCreary County, Kentucky

McCreary County features 162 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 McCreary County, Kentucky

There are 31 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in McCreary County.

Housing Choice Vouchers in McCreary County, Kentucky

On average, Section 8 Housing Choice vouchers pay McCreary County landlords $500 per month towards rent. The average voucher holder contributes $200 towards rent in McCreary County.

The maximum amount a voucher would pay on behalf of a low-income tenant in McCreary County, Kentucky for a two-bedroom apartment is between $668 and $816.

2023 McCreary 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
McCreary County, Kentucky Fair Market Rent $538 $577 $742 $926 $999
McCreary County, Kentucky Payment Standard Range $484 to $592 $519 to $635 $668 to $816 $833 to $1,019 $899 to $1,099

Sourced from federal housing data and AffordableHousingOnline.com research.

McCreary County, KY Affordable Housing Snapshot

Total Affordable Apartment Properties 8
Total Low Income Apartments 193
Total Housing Units with Rental Assistance 162
Percentage of Housing Units Occupied By Renters 30.64%
Average Renter Household Size 2.80
Average Household Size 2.56
Median Household Income $19,328 ±$2,179
Median Rent $556 ±$37
Percentage Of Renters Overburdened 50.34% ± 9.16pp
Total Population 18,001

Population and Household Demographics

McCreary County is a county in Kentucky with a population of 18,001. There are 6,277 households in the county with an average household size of 2.56 persons. 30.64% of households in McCreary County are renters.

Income and Rent Overburden in McCreary County

The median gross income for households in McCreary County is $19,328 a year, or $1,611 a month. The median rent for the county is $556 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In McCreary County, a household making less than $1,853 a month would be considered overburdened when renting an apartment at or above the median rent. 50.34% of households who rent are overburdened in McCreary County.

Area Median Income In McCreary 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 McCreary County, HUD calculates the Area Median Income for a family of four as $38,500

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 McCreary 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 McCreary County

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 McCreary County AMI may qualify for rental assistance programs that target Extremely Low Income households.
$13,590 $18,310 $23,030 $27,750 $32,470 $35,250 $37,650 $40,100
50% AMI Income Limits
Renters earning up to 50% of the McCreary County AMI may qualify for rental assistance programs that target Very Low Income households.
$21,250 $24,300 $27,350 $30,350 $32,800 $35,250 $37,650 $40,100
80% AMI Income Limits
Renters earning up to 80% of the McCreary County AMI may qualify for rental assistance programs that target Low Income households.
$34,000 $38,850 $43,700 $48,550 $52,450 $56,350 $60,250 $64,100