Affordable Housing In Owensboro
Daviess County, Kentucky

19 Low Income Apartment Communities In Owensboro

Collyns Estates Apartments

3420 Professional Park Drive
Owensboro, Kentucky
Call For Rent
1-2 BR

Owensboro Historic Residences

301 East 9th Street
Owensboro, Kentucky
1-2 BR

Sisson Manor

2900 Dixiana Court
Owensboro, Kentucky
Call For Rent
1 BR

Roosevelt House II Apartments

530 Yale Pl
Owensboro, Kentucky
Elderly Supportive Housing

Roosevelt House I

2920 Yale Pl
Owensboro, Kentucky

Lee Manor Apartments

1651 W 4th St
Owensboro, Kentucky

Park Regency

5058 Back Square Dr
Owensboro, Kentucky

Lincolnshire North Apartments

1001 Pennbrooke Ave
Owensboro, Kentucky

Independent Living I - Owensboro

1508 Frederica St
Owensboro, Kentucky
Elderly Supportive Housing

Old Hartford Hills Apartments

1309 Burlew Blvd
Owensboro, Kentucky

Section 8 Vouchers, Apartments, and Waiting Lists in Owensboro, 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.

Households who qualify for these programs may also qualify for Project-Based Section 8, which contributes rental assistance payments directly to private landlords on behalf of low-income tenants. Eligibility for the project-based program is similar to the voucher programs, but waiting list and application policies will vary depending on the landlord.

Public Housing Agencies Serving Owensboro, Kentucky

Housing Authority Programs
Housing Authority of Owensboro Section 8 Housing Choice Voucher (HCV); Public Housing
Kentucky Housing Corporation Section 8 Housing Choice Voucher (HCV)

Guide To Affordable Housing in Owensboro, Kentucky

There are 19 low income housing apartment communities offering 1,777 affordable apartments for rent in Owensboro, Kentucky.

Income Based Apartments in Owensboro, Kentucky

Owensboro features 1,483 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 Owensboro, Kentucky

There are 294 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Owensboro.

Housing Choice Vouchers in Owensboro, Kentucky

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Owensboro, Kentucky for a two-bedroom apartment is between $833 and $1,019.

2023 Owensboro, Kentucky Fair Market Rents and Housing Choice Voucher Payment Standards

Fair Market Rents can be used to better understand the average housing costs of an area. Fair Market Rents are used by HUD to establish payment and rent standards for federal rental assistance programs like the Section 8 Housing Choice Voucher Program.

Studio One BR Two BR Three BR Four BR
Owensboro, Kentucky Fair Market Rent $699 $703 $926 $1,223 $1,244
Owensboro, Kentucky Payment Standard Range $629 to $769 $633 to $773 $833 to $1,019 $1,101 to $1,345 $1,120 to $1,368

Sourced from federal housing data and research.

Owensboro, KY Affordable Housing Snapshot

Total Affordable Apartment Properties 19
Total Low Income Apartments 1,777
Total Housing Units with Rental Assistance 1,483
Percentage of Housing Units Occupied By Renters 42.02%
Average Renter Household Size 2.28
Average Household Size 2.35
Median Household Income $37,279 ±$1,435
Median Rent $637 ±$15
Percentage Of Renters Overburdened 45.76% ± 4.38pp
Total Population 58,350

Population and Household Demographics

Owensboro is a city in Daviess County, Kentucky with a population of 58,350. There are 23,995 households in the city with an average household size of 2.35 persons. 42.02% of households in Owensboro are renters.

Income and Rent Overburden in Owensboro

The median gross income for households in Owensboro is $37,279 a year, or $3,107 a month. The median rent for the city is $637 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Owensboro, a household making less than $2,123 a month would be considered overburdened when renting an apartment at or above the median rent. 45.76% of households who rent are overburdened in Owensboro.

Area Median Income In Owensboro

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.

HUD often uses an area larger than a city to determine the AMI because HUD anticipates those searching for housing will look beyond individual cities during their housing search. For Owensboro, the AMI is calculated from all households within Daviess County.

In Owensboro, HUD calculates the Area Median Income for a family of four as $75,600

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 Owensboro

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 HUD Rental Assistance in Owensboro

1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% AMI Income Limits
Renters earning up to 30% of the Owensboro AMI may qualify for rental assistance programs that target Extremely Low Income households.
$15,150 $18,310 $23,030 $27,750 $32,470 $37,190 $41,910 $46,630
50% AMI Income Limits
Renters earning up to 50% of the Owensboro AMI may qualify for rental assistance programs that target Very Low Income households.
$25,200 $28,800 $32,400 $36,000 $38,900 $41,800 $44,650 $47,550
80% AMI Income Limits
Renters earning up to 80% of the Owensboro AMI may qualify for rental assistance programs that target Low Income households.
$40,350 $46,100 $51,850 $57,600 $62,250 $66,850 $71,450 $76,050