What HUD offices serve Paducah, 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.
Go to the Kentucky Public Housing and Low-Income Apartments Waiting Lists page for openings near Paducah.
How many renters live in Paducah, Kentucky?
The City of Paducah has people living in households.
There are renters living in renter households in this City. Renters make up 38.84 percent of the population living in Paducah.
What is the rental market like in Paducah, Kentucky?
There are an estimated housing units in the Paducah area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Paducah, Kentucky, there are 1.05 rental units.
What is the vacancy rate for rentals in Paducah?
The rental vacancy rate in Paducah is 4 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 Paducah for each bedroom size?
Occupied Rental Units by Size in Paducah
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 239 | 1,459 | 2,615 | 884 | 68 |
Occupied Rental Units by Size in Paducah
A large number of apartments in Paducah have two or fewer bedrooms. Seniors and young professionals especially may have more success finding an apartment that meets their needs.
How Much Is Rent in Paducah
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $672 to $1,569. FMRs are updated annually by HUD for every city and county nationwide.
| Bed Size | 2024 Fair Market Rents |
| Studio | $672 |
| One BR | $755 |
| Two BR | $992 |
| Three BR | $1,214 |
| Four BR | $1,569 |
2024 Fair Market Rents in Paducah, Kentucky
How many units are rented at Fair Market Rent (FMR) in Paducah?
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 | 187 | 78 percent |
| One BR | 990 | 68 percent |
| Two BR | 1,752 | 67 percent |
Rental Units Below FMR in Paducah, Kentucky
How many affordable rental units are in Paducah?
There are a variety of federal affordable housing programs serving households in Paducah, Kentucky including the following:
| Federal Program | Unit Count |
| Low Income Housing Tax Credit | |
| Public Housing | |
| Section 8 Project-Based Rental Assistance | |
| Section 202 Supportive Housing for the Elderly |
Tracked Units by Federal Program in Paducah, Kentucky
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in Paducah, Kentucky
Paducah features 1,813 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 Paducah, Kentucky
There are 30 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Paducah.
Housing Choice Vouchers in Paducah, Kentucky
On average, Section 8 Housing Choice vouchers pay Paducah landlords $400 per month towards rent. The average voucher holder contributes $300 towards rent in Paducah.
The maximum amount a voucher would pay on behalf of a low-income tenant in Paducah, Kentucky for a two-bedroom apartment is between $893 and $1,091.
Sourced from federal housing data and AffordableHousingOnline.com research.