Affordable Housing In Menifee County

3 Low Income Apartment Communities In Menifee County

Menifee Housing

36 Motley Ct
Frenchburg, KY

Frenchburg Apartments

40 Frenchburg Ct
Frenchburg, KY

Walnut Grove Apartments

40 Walnut Grove Ct
Frenchburg, KY
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Housing Authorities that serve Menifee County

Housing Authority Programs
Kentucky Housing Corporation Section 8 Housing Choice Voucher (HCV)

Guide To Affordable Housing in Menifee County, Kentucky

There are 3 low income housing apartment communities offering 76 affordable apartments for rent in Menifee County, Kentucky. Menifee County features 76 low income apartments with rental assistance where households typically pay no more than 30% of their income towards rent. Additionally, there are 0 other low income apartments that don't provide direct rental assistance but remain affordable to low income households in Menifee County.

Sourced from federal housing data and research.

Menifee County, KY Affordable Housing Snapshot

Total Affordable Apartment Properties 3
Total Low Income Apartments 76
Total Housing Units with Rental Assistance 76
Percentage of Housing Units Occupied By Renters 22.62%
Average Renter Household Size 2.57
Average Household Size 2.56
Median Household Income $31,503 ±$3,675
Median Rent $511 ±$65
Percentage Of Renters Overburdened 38.07% ± 11.81pp
Total Population 6,343

Population and Household Demographics

Menifee County is a County in Kentucky with a population of 6,343. There are 2,427 households in the county with an average household size of 2.56 persons. 22.62% of households in Menifee County are renters.

Income and Rent Overburden in Menifee County

The median gross income for households in Menifee County is $31,503 a year, or $2,625 a month. The median rent for the county is $511 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Menifee County, a household making less than $1,703 a month would be considered overburdened when renting an apartment at or above the median rent. 38.07% of households who rent are overburdened in Menifee County.1

Area Median Income In Menifee 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 Menifee County, HUD calculates the Area Median Income for a family of four as $48,500

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 Menifee 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 Menifee County HUD Rental Assistance in Menifee County

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $12,490 $16,910 $21,330 $25,600 $27,650 $29,700 $31,750 $33,800
50% of Median $17,950 $20,500 $23,050 $25,600 $27,650 $29,700 $31,750 $33,800
80% of Median $28,700 $32,800 $36,900 $40,950 $44,250 $47,550 $50,800 $54,100
Fair Market Rents in Menifee County

Fair Market Rents, often abbreviated as FMR, can be used to better understand the average housing costs of an area. Notably, Fair Market Rents are used to establish the payment standards for the Housing Choice Voucher Program, maximum rents in HOME financed rental projects and initial rents for Section 8 project based assistance.

2020 Fair Market Rents
Studio One BR Two BR Three BR Four BR
$448 $479 $631 $786 $855

Cities In Menifee County

Select A City to View its Apartment Communities and Waiting Lists.

City Listings Served By
Frenchburg 3 The HUD funded Public Housing Agency that serves Frenchburg is the Kentucky Housing Corporation.