Low Income Apartments and Affordable Housing For Rent in Oak Grove, KY

Discover affordable housing in Oak Grove where there are 1+ 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.

Kentucky Manor Apartments

8890 Pembroke/, Oak Grove, Kentucky

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Oak Grove, Kentucky
$23.60/hour
$16.35 (+226%) more than Kentucky minimum wage and $16.35 (+226%) more than the Federal minimum wage.
Learn More About Oak Grove, Kentucky Affordable Housing ↓

What HUD offices serve Oak Grove, 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 Oak Grove, Kentucky.

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

How many renters live in Oak Grove, Kentucky?

The City of Oak Grove has 7,895 people living in 3,177 households.

There are 4,550 renters living in 1,921 renter households in this City. Renters make up 57.63 percent of the population living in Oak Grove.

What is the rental market like in Oak Grove, Kentucky?

There are an estimated 3,596 housing units in the Oak Grove area. Of these, 2,152 units are rental homes, making up 60 percent of the housing market. For every renter household in Oak Grove, Kentucky, there are 1 rental units.

What is the vacancy rate for rentals in Oak Grove?

The rental vacancy rate in Oak Grove is 8 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 Oak Grove for each bedroom size?

Occupied Rental Units by Size in Oak Grove
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
55 323 533 932 78
Occupied Rental Units by Size in Oak Grove

A large number of apartments in Oak Grove 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 Oak Grove are overburdened by housing costs?

Among renter households in this market, 48 percent have housing cost burden. Further, 20 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 Oak Grove

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $887 to $2,114. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $887
One BR $970
Two BR $1,246
Three BR $1,750
Four BR $2,114
2024 Fair Market Rents in Oak Grove, Kentucky

How many units are rented at Fair Market Rent (FMR) in Oak Grove?

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 55 100 percent
One BR 257 80 percent
Two BR 422 79 percent
Rental Units Below FMR in Oak Grove, Kentucky

How many affordable rental units are in Oak Grove?

Income Based Apartments in Oak Grove, Kentucky

Oak Grove features 0 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 Oak Grove, Kentucky

There are 48 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Oak Grove.

Housing Choice Vouchers in Oak Grove, Kentucky

On average, Section 8 Housing Choice vouchers pay Oak Grove landlords $500 per month towards rent. The average voucher holder contributes $300 towards rent in Oak Grove.

The maximum amount a voucher would pay on behalf of a low-income tenant in Oak Grove, Kentucky for a two-bedroom apartment is between $1,121 and $1,371.

Sourced from federal housing data and AffordableHousingOnline.com research.