Low Income Apartments and Affordable Housing For Rent in Paducah, KY

Discover affordable housing in Paducah where there are 17+ 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.

Lone Oak Manor Apartments

650 College Ave, Paducah, Kentucky 42001

Fernwood Homes

710 Lone Oak Rd , Paducah, Kentucky 42002

Irvin Cobb Apartments

600 Broadway St, Paducah, Kentucky 42001

W B Sanders Retirement Center

820 Washington St, Paducah, Kentucky 42003

Jackson House

301 S 9th St, Paducah, Kentucky 42003

Mcauley Manor

631 McAuley Dr, Paducah, Kentucky 42003

Whittier Apartments

1301 N 13th St, Paducah, Kentucky 42001

Brookmeade Apartments

3160 Twinson Ct, Paducah, Kentucky 42001

Elmwood Court

2330 Ohio Street , Paducah, Kentucky 42003

Pierce Lackey

501 Cherry Circle, Paducah, Kentucky 42003

Ella Munal Dolly McNutt Blackburn and Southside Scattered Sites

2010 Hendricks St, Paducah, Kentucky 42003

Anderson Court, HC Mathis and Northside Scattered Sites

800 N 8th St, Paducah, Kentucky 42003

Jetton School Apartments

401 Walter Jetton Blvd, Paducah, Kentucky 42003

Paducah Highland Terrace

1110 Old North Friendship Rd, Paducah, Kentucky 42001

Dudley Court Apartments

801 McGuire Ave, Paducah, Kentucky 42001

Riverwood Group Home

421 S 9th St, Paducah, Kentucky 42003

C Wood Homes

216 Ashbrook St, Paducah, Kentucky 42003

calendar_today Opened: Jan 6
Open Until Further Notice

Reported On February 23rd, 2024 by Nathan Brunet

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Paducah, Kentucky
$18.79/hour
$11.54 (+159%) more than Kentucky minimum wage and $11.54 (+159%) more than the Federal minimum wage.
Learn More About Paducah, Kentucky Affordable Housing ↓

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.

Operates the Public Housing programs for Paducah, Kentucky.
Operates the Section 8 Housing Choice Voucher (HCV) programs for Paducah, Kentucky.

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 26,869 people living in 11,432 households.

There are 10,435 renters living in 5,290 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 13,837 housing units in the Paducah area. Of these, 5,569 units are rental homes, making up 40 percent of the housing market. For every renter household in Paducah, Kentucky, there are 1 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 many renter households in Paducah are overburdened by housing costs?

Among renter households in this market, 43 percent have housing cost burden. Further, 21 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 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 108
Public Housing 854
Section 8 Project-Based Rental Assistance 497
Section 202 Supportive Housing for the Elderly 82
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.