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

Discover affordable housing in McLean County where there are 7+ 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.

Riverview Apartments

102 E 2nd St, Livermore, Kentucky 42352

Town House Apartments

114 Main St, Livermore, Kentucky 42352

Livermore Heights

900 Hartford Pike, Livermore, Kentucky 42352

Sacramento Apartments

201 Ross St, Sacramento, Kentucky 42372

Sandefur Manor

680 W 3rd St, Calhoun, Kentucky 42327

Calhoun Apts

155 Creekside Drive, Calhoun, Kentucky

Wildington Apts

709 West 6th St, Livermore, Kentucky

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In McLean County, Kentucky
$20.66/hour
$13.41 (+185%) more than Kentucky minimum wage and $13.41 (+185%) more than the Federal minimum wage.
Learn More About McLean County, Kentucky Affordable Housing ↓

What HUD offices serve McLean 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 McLean County, Kentucky.

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

How many renters live in McLean County, Kentucky?

The County of McLean County has 9,173 people living in 3,609 households.

There are 1,463 renters living in 707 renter households in this County. Renters make up 15.95 percent of the population living in McLean County.

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

There are an estimated 4,180 housing units in the McLean County area. Of these, 742 units are rental homes, making up 18 percent of the housing market. For every renter household in McLean County, Kentucky, there are 1 rental units.

What is the vacancy rate for rentals in McLean County?

The rental vacancy rate in McLean County is 5 percent. This is a lower than average vacancy rate. When rental vacancy rates are low there are fewer available units. Rents tend to be higher as more people compete for scarce housing.

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

Occupied Rental Units by Size in McLean County
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
67 184 276 151 20
Occupied Rental Units by Size in McLean County

A large number of apartments in McLean 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 McLean County are overburdened by housing costs?

Among renter households in this market, 25 percent have housing cost burden. Further, 8 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 McLean County

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $825 to $1,453. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $825
One BR $830
Two BR $1,091
Three BR $1,440
Four BR $1,453
2024 Fair Market Rents in McLean County, Kentucky

How many units are rented at Fair Market Rent (FMR) in McLean 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 67 100 percent
One BR 153 83 percent
Two BR 223 81 percent
Rental Units Below FMR in McLean County, Kentucky

How many affordable rental units are in McLean County?

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

Federal Program Unit Count
Low Income Housing Tax Credit 12
Section 8 Project-Based Rental Assistance 135
USDA Section 515 Rural Rental Housing 32
Tracked Units by Federal Program in McLean County, Kentucky

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

Income Based Apartments in McLean County, Kentucky

McLean County features 167 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 McLean County, Kentucky

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

Housing Choice Vouchers in McLean County, Kentucky

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

The maximum amount a voucher would pay on behalf of a low-income tenant in McLean County, Kentucky for a two-bedroom apartment is between $982 and $1,200.

Sourced from federal housing data and AffordableHousingOnline.com research.