Affordable Housing In Nelson County
Kentucky

12 Low Income Apartment Communities In Nelson County

Perkins Place Apartments

300 Bourbon Ct
Bardstown, KY
Accessible
Disabled Supportive Housing
Subsidized

Brauchview Apartments

311 Bourbon Ct
Bardstown, KY
62+
Accessible
Elderly Supportive Housing
Subsidized

New Haven Greens Apartments

100 S 5th St
New Haven, KY
HCV Welcome

Ashberry Terrace Apartments

149 Wilble Blvd
Bardstown, KY
Accessible
Disabled Supportive Housing
Subsidized

Hometown Apartments

365 5th St
New Haven, KY
62+
Accessible
Elderly Supportive Housing
Subsidized

Colonial Woods Apartments

232 Marvin Downs Rd
Bardstown, KY
HCV Welcome

Creekview Apartments - Bloomfield

124 Perry St
Bloomfield, KY
Subsidized

Bardstown Village Apartments

1000 Harding St
Bardstown, KY
Subsidized

Rolling Ridge Apartments

101 Locust St
New Haven, KY
Subsidized

Wabuck Dev - Ashberry

104 Ashberry Dr
Bardstown, KY
HCV Welcome

There are 12 low income housing apartment complexes which contain 459 affordable apartments for rent in Nelson County. Many of these rental apartments are income based housing with 371 apartments that set rent based on your income. In Nelson County, HUD housing programs support 124 rental assistance apartments through programs like Project-based Section 8. There are 88 other low income apartments that don't have rental assistance but are cheaper than market rate rents.

Housing Authorities that serve Nelson County

Housing Authority Programs
Housing Authority of Bardstown Section 8 Housing Choice Voucher (HCV); Public Housing

Guide To Affordable Housing in Nelson County, Kentucky

Nelson County, KY Affordable Housing Snapshot

Total Affordable Apartment Properties 12
Total Low Income Apartments 459
Total Rent Assisted Apartments 371
Percentage of Housing Units Occupied By Renters 23.91%
Average Renter Household Size 2.55
Total Population 44,564
Housing Units 16,817
Average Household Size 2.62
Median Household Income $49,298 ±$2,651
Median Rent $702 ±$56
Percentage Of Renters Overburdened 49.91% ± 7.54pp

Population and Household Demographics

Nelson County is a County in Kentucky with a population of 44,564. There are 16,817 households in the county with an average household size of 2.62 persons. 23.91% of households in Nelson County are renters.

Income and Rent Overburden in Nelson County

The median gross income for households in Nelson County is $49,298 a year, or $4,108 a month. The median rent for the county is $702 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Nelson County, a household making less than $2,340 a month would be considered overburdened when renting an apartment at or above the median rent. 49.91% of households who rent are overburdened in Nelson County.1

Area Median Income In Nelson 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 Nelson County, HUD calculates the Area Median Income for a family of four as $66,100

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 Nelson 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 Nelson County HUD Rental Assistance in Nelson County

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $13,900 $16,910 $21,330 $25,750 $30,170 $34,590 $39,010 $43,430
50% of Median $23,150 $26,450 $29,750 $33,050 $35,700 $38,350 $41,000 $43,650
80% of Median $37,050 $42,350 $47,650 $52,900 $57,150 $61,400 $65,600 $69,850
Low Income Housing Tax Credits in Nelson County

The Low-Income Housing Tax Credit (LIHTC) program aims to create affordable rental housing for low and very low income families.

From 1993 to 1997, 2 low income apartment communities containing 48 rental apartments have been constructed and made affordable to low income persons in Nelson County by the Low Income Housing Tax Credit Program.

If your income is less than 60% of the Area Median Income (AMI), you should not expect to pay more than the rent value for a unit in the table below. However, Affordable apartment communities that receive funding through the Low Income Housing Tax Credit program may have rental units that are not subject to income and rent limits.

Rent limits for the LIHTC Program are determined so that a household making the maximum income for the expected household size of the unit would only pay 30% of their income for rent.

Income Qualifications for Low Income Housing Tax Credit Apartments in Nelson County

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
50% of Median $23,150 $26,450 $29,750 $33,050 $35,700 $38,350 $41,000 $43,650
60% of Median $27,780 $31,740 $35,700 $39,660 $42,840 $46,020 $49,200 $52,380

For example, the expected household size for a two bedroom apartment is 3 people. Using the table above, the maximum income for a 3 person household at 60% of the AMI in Nelson County is $35,700 a year, or $2,975 a month. To determine the maximum rent in the table below we multiply the monthly maximum income, $2,975 by 30% to get a maximum rent of $893 a month.

Rent for units in the LIHTC Program include a utility allowance which is determined by the average monthly cost of utilities paid directly by residents. This allowance has not been subtracted from the rents in the table below. These utility allowances are set on a property by property basis.

% of AMI Studio 1 Bed 2 Bed 3 Bed 4 Bed 5 Bed
50% $579 $620 $744 $859 $959 $1,058
60% $695 $744 $893 $1,031 $1,151 $1,270
Fair Market Rents in Nelson 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.

2019 Fair Market Rents
Studio One BR Two BR Three BR Four BR
$500 $528 $698 $1,002 $1,006

Cities In Nelson County

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

City Listings Served By
Bardstown 8 The HUD funded Public Housing Agency that serves Bardstown is the Housing Authority of Bardstown.
Bloomfield 1 The HUD funded Public Housing Agency that serves Bloomfield is the Housing Authority of Bardstown.
New Haven 3 The HUD funded Public Housing Agency that serves New Haven is the Housing Authority of Bardstown.
Boston 0 The HUD funded Public Housing Agency that serves Boston is the Housing Authority of Bardstown.
Chaplin 0 The HUD funded Public Housing Agency that serves Chaplin is the Housing Authority of Bardstown.
Fairfield 0 The HUD funded Public Housing Agency that serves Fairfield is the Housing Authority of Bardstown.
New Hope 0 The HUD funded Public Housing Agency that serves New Hope is the Housing Authority of Bardstown.