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

Discover affordable housing in Hopkins County where there are 8+ 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.

Arbors of Madisonville

652 S Kentucky Ave, Madisonville, Kentucky 42431

Shiloh Apartments

75 Winding Crk, Madisonville, Kentucky 42431

Wiman Gardens Apartments

815 W Noel Ave, Madisonville, Kentucky 42431

Quail Run Apartments

309 Partridge Dr, Earlington, Kentucky 42410

Cross Creek Apartments

1505 Island Ford Rd, Madisonville, Kentucky 42431

Rolling Hills Apts

200 Rolling Hills Drive, Nortonville, Kentucky

Eastside Apartments

1131 Eastside Ln, Madisonville, Kentucky

Madisonville Apts

1300 Eastside Ln, Madisonville, Kentucky

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Hopkins County, Kentucky
$17.29/hour
$10.04 (+139%) more than Kentucky minimum wage and $10.04 (+139%) more than the Federal minimum wage.
Learn More About Hopkins County, Kentucky Affordable Housing ↓

What HUD offices serve Hopkins 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 Hopkins County, Kentucky.

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

How many renters live in Hopkins County, Kentucky?

The County of Hopkins County has 45,223 people living in 18,345 households.

There are 12,912 renters living in 5,516 renter households in this County. Renters make up 28.55 percent of the population living in Hopkins County.

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

There are an estimated 20,949 housing units in the Hopkins County area. Of these, 5,997 units are rental homes, making up 29 percent of the housing market. For every renter household in Hopkins County, Kentucky, there are 1 rental units.

What is the vacancy rate for rentals in Hopkins County?

The rental vacancy rate in Hopkins County is 6 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 Hopkins County for each bedroom size?

Occupied Rental Units by Size in Hopkins County
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
222 824 2,053 2,071 318
Occupied Rental Units by Size in Hopkins County

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

Among renter households in this market, 35 percent have housing cost burden. Further, 16 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 Hopkins County

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $628 to $1,319. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $628
One BR $695
Two BR $913
Three BR $1,176
Four BR $1,319
2024 Fair Market Rents in Hopkins County, Kentucky

How many units are rented at Fair Market Rent (FMR) in Hopkins 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 139 63 percent
One BR 640 78 percent
Two BR 1,191 58 percent
Rental Units Below FMR in Hopkins County, Kentucky

How many affordable rental units are in Hopkins County?

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

Federal Program Unit Count
Low Income Housing Tax Credit 200
Public Housing 336
Section 8 Project-Based Rental Assistance 286
USDA Section 515 Rural Rental Housing 264
Tracked Units by Federal Program in Hopkins County, Kentucky

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

Income Based Apartments in Hopkins County, Kentucky

Hopkins County features 361 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 Hopkins County, Kentucky

There are 68 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Hopkins County.

Housing Choice Vouchers in Hopkins County, Kentucky

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Hopkins County, Kentucky for a two-bedroom apartment is between $822 and $1,004.

Sourced from federal housing data and AffordableHousingOnline.com research.