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

Discover affordable housing in Perryville 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.

Elmtree Apts

400 West 5th Street, Perryville, Kentucky

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Perryville, Kentucky
$17.58/hour
$10.33 (+142%) more than Kentucky minimum wage and $10.33 (+142%) more than the Federal minimum wage.
Learn More About Perryville, Kentucky Affordable Housing ↓

What HUD offices serve Perryville, 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 Perryville, Kentucky.

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

How many renters live in Perryville, Kentucky?

The City of Perryville has 817 people living in 396 households.

There are 192 renters living in 84 renter households in this City. Renters make up 23.5 percent of the population living in Perryville.

What is the rental market like in Perryville, Kentucky?

There are an estimated 448 housing units in the Perryville area. Of these, 84 units are rental homes, making up 19 percent of the housing market. For every renter household in Perryville, Kentucky, there are 1 rental units.

What is the vacancy rate for rentals in Perryville?

The rental vacancy rate in Perryville is 0 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 Perryville for each bedroom size?

Occupied Rental Units by Size in Perryville
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
2 29 24 29 0
Occupied Rental Units by Size in Perryville

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

Among renter households in this market, 33 percent have housing cost burden. Further, 15 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 Perryville

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $702 to $1,461. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $702
One BR $706
Two BR $928
Three BR $1,225
Four BR $1,461
2024 Fair Market Rents in Perryville, Kentucky

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

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 2 100 percent
One BR 29 100 percent
Two BR 16 67 percent
Rental Units Below FMR in Perryville, Kentucky

How many affordable rental units are in Perryville?

There are a variety of federal affordable housing programs serving households in Perryville, Kentucky including the following:

Federal Program Unit Count
Public Housing 19
USDA Section 515 Rural Rental Housing 24
Tracked Units by Federal Program in Perryville, Kentucky

Rental units may be funded in part by multiple federal programs.

Income Based Apartments in Perryville, Kentucky

Perryville features 24 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 Perryville, Kentucky

There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Perryville.

Housing Choice Vouchers in Perryville, Kentucky

On average, Section 8 Housing Choice vouchers pay Perryville landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Perryville.

The maximum amount a voucher would pay on behalf of a low-income tenant in Perryville, Kentucky for a two-bedroom apartment is between $835 and $1,021.

Sourced from federal housing data and AffordableHousingOnline.com research.