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

Discover affordable housing in Meade County where there are 5+ 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.

Brandenburg Apartments

Hillcrest DR, Brandenburg, Kentucky 40108

Lone Oak Apartments

1206 Old Ekron Rd, Brandenburg, Kentucky 40108

Maple Grove Apartments

388 Maple Grove Rd, Brandenburg, Kentucky 40108

Langdon Apts II C/O Franklin Asset

1138 Old Ekron Road, Brandenburg, Kentucky

Langdon Apts

1138 Old Ekron Road, Brandenburg, Kentucky

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Meade County, Kentucky
$19.60/hour
$12.35 (+170%) more than Kentucky minimum wage and $12.35 (+170%) more than the Federal minimum wage.
Learn More About Meade County, Kentucky Affordable Housing ↓

What HUD offices serve Meade 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 Meade County, Kentucky.

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

How many renters live in Meade County, Kentucky?

The County of Meade County has 29,964 people living in 10,554 households.

There are 7,192 renters living in 2,726 renter households in this County. Renters make up 24 percent of the population living in Meade County.

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

There are an estimated 12,043 housing units in the Meade County area. Of these, 3,010 units are rental homes, making up 25 percent of the housing market. For every renter household in Meade County, Kentucky, there are 1 rental units.

What is the vacancy rate for rentals in Meade County?

The rental vacancy rate in Meade 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 Meade County for each bedroom size?

Occupied Rental Units by Size in Meade County
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
194 164 878 1,232 69
Occupied Rental Units by Size in Meade County

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

Among renter households in this market, 30 percent have housing cost burden. Further, 13 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 Meade County

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $783 to $1,756. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $783
One BR $788
Two BR $1,035
Three BR $1,443
Four BR $1,756
2024 Fair Market Rents in Meade County, Kentucky

How many units are rented at Fair Market Rent (FMR) in Meade 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 117 60 percent
One BR 119 73 percent
Two BR 649 74 percent
Rental Units Below FMR in Meade County, Kentucky

How many affordable rental units are in Meade County?

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

Federal Program Unit Count
Low Income Housing Tax Credit 38
Section 8 Project-Based Rental Assistance 56
USDA Section 515 Rural Rental Housing 64
Tracked Units by Federal Program in Meade County, Kentucky

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

Income Based Apartments in Meade County, Kentucky

Meade County features 94 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 Meade County, Kentucky

There are 20 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Meade County.

Housing Choice Vouchers in Meade County, Kentucky

On average, Section 8 Housing Choice vouchers pay Meade County landlords $700 per month towards rent. The average voucher holder contributes $200 towards rent in Meade County.

The maximum amount a voucher would pay on behalf of a low-income tenant in Meade County, Kentucky for a two-bedroom apartment is between $932 and $1,139.

Sourced from federal housing data and AffordableHousingOnline.com research.