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Affordable Housing In Pike County

16 Low Income Apartment Communities In Pike County

Elkhorn City School Apartments

400 W Russell St
Elkhorn City, Kentucky
Call For Rent
Studio-3 BR
Accepts Vouchers

Carl D. Perkins Towers

200 Douglas Pkwy
Pikeville, Kentucky
Call For Rent
1 BR

Myers Towers

748 Hambley Blvd
Pikeville, Kentucky

Elkhorn City Phase III

551 Russell St
Elkhorn City, Kentucky
Elderly Supportive Housing

Douglas Elkhorn Apartments

148 Douglas Pkwy
Pikeville, Kentucky
Elderly Supportive Housing

Forest Trace Apartments

106 Forest Trace Hl
Pikeville, Kentucky

Blackberry - Mccarr Senior Housing

Ky Route 1056
Mccarr, Kentucky
Elderly Supportive Housing

Phelps Senior Housing

43100 Ky Hwy 194
Phelps, Kentucky
Elderly Supportive Housing

Fairview Court

109 Phyllis Ln
Pikeville, Kentucky

Kentucky Ave Phase II

112 Kentucky Ave
Pikeville, Kentucky
Accepts Vouchers

Housing Authorities that serve Pike County

Housing Authority Programs
Pike County Housing Authority Section 8 Housing Choice Voucher (HCV)

Guide To Affordable Housing in Pike County, Kentucky

There are 16 low income housing apartment communities offering 893 affordable apartments for rent in Pike County, Kentucky.

Income Based Apartments in Pike County, Kentucky

Pike County features 710 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 Pike County, Kentucky

There are 183 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Pike County.

Housing Choice Vouchers in Pike County, Kentucky

On average, Section 8 Housing Choice vouchers pay Pike County landlords $500 per month towards rent. The average voucher holder contributes $200 towards rent in Pike County.

The maximum amount a voucher would pay on behalf of a low-income tenant in Pike County, Kentucky for a two-bedroom apartment is between $621 and $759.

2020 Pike County, 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
Fair Market Rent $532 $535 $690 $860 $1,054
Payment Standard Range $479 to $585 $482 to $589 $621 to $759 $774 to $946 $949 to $1,159

Sourced from federal housing data and research.

Pike County, KY Affordable Housing Snapshot

Total Affordable Apartment Properties 16
Total Low Income Apartments 893
Total Housing Units with Rental Assistance 710
Percentage of Housing Units Occupied By Renters 27.03%
Average Renter Household Size 2.36
Average Household Size 2.38
Median Household Income $33,183 ±$1,404
Median Rent $616 ±$26
Percentage Of Renters Overburdened 36.86% ± 3.92pp
Total Population 63,434

Population and Household Demographics

Pike County is a county in Kentucky with a population of 63,434. There are 26,124 households in the county with an average household size of 2.38 persons. 27.03% of households in Pike County are renters.

Income and Rent Overburden in Pike County

The median gross income for households in Pike County is $33,183 a year, or $2,765 a month. The median rent for the county is $616 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Pike County, a household making less than $2,053 a month would be considered overburdened when renting an apartment at or above the median rent. 36.86% of households who rent are overburdened in Pike County.

Area Median Income In Pike County

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.

In Pike County, HUD calculates the Area Median Income for a family of four as $43,600

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 Pike County

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 Pike County

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $12,760 $17,240 $21,720 $26,200 $28,850 $31,000 $33,150 $35,250
50% of Median $18,700 $21,400 $24,050 $26,700 $28,850 $31,000 $33,150 $35,250
80% of Median $29,900 $34,200 $38,450 $42,700 $46,150 $49,550 $52,950 $56,400

Cities In Pike County

Select A City to View its Apartment Communities and Waiting Lists.

City Served By
Coal Run Village
Elkhorn City The HUD funded Public Housing Agency that serves Elkhorn City is the Pike County Housing Authority.
Mccarr The HUD funded Public Housing Agency that serves Mccarr is the Pike County Housing Authority.
Pikeville The HUD funded Public Housing Agencies that serve Pikeville are the Housing Authority of Pikeville and Pike County Housing Authority.
South Williamson