Affordable Housing In Pikeville
Pike County, Kentucky

12 Low Income Apartment Communities In Pikeville

Carl D. Perkins Towers

200 Douglas Pkwy
Pikeville, Kentucky
Call For Rent
1 BR
Subsidized

Myers Towers

748 Hambley Blvd
Pikeville, Kentucky

Douglas Elkhorn Apartments

148 Douglas Pkwy
Pikeville, Kentucky
Subsidized
62+
Accessible
Elderly Supportive Housing

Forest Trace Apartments

106 Forest Trace Hl
Pikeville, Kentucky

Fairview Court

109 Phyllis Ln
Pikeville, Kentucky

Kentucky Ave Phase II

112 Kentucky Ave
Pikeville, Kentucky

Kentucky Avenue Phase IV

Kentucky Ave
Pikeville, Kentucky

Douglas Apts I

148 Douglas Park
Pikeville, Kentucky

Douglas Apts II

148 Douglas Park
Pikeville, Kentucky

Northgate II

142 Northgate Drive
Pikeville, Kentucky

Section 8 Vouchers, Apartments, and Waiting Lists in Pikeville, 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 Pikeville, Kentucky

Housing Authority Programs
Housing Authority of Pikeville Section 8 Housing Choice Voucher (HCV); Public Housing
Pike County Housing Authority Section 8 Housing Choice Voucher (HCV)

Guide To Affordable Housing in Pikeville, Kentucky

There are 12 low income housing apartment communities offering 802 affordable apartments for rent in Pikeville, Kentucky.

Income Based Apartments in Pikeville, Kentucky

Pikeville features 646 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 Pikeville, Kentucky

There are 156 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Pikeville.

Housing Choice Vouchers in Pikeville, Kentucky

On average, Section 8 Housing Choice vouchers pay Pikeville landlords $400 per month towards rent. The average voucher holder contributes $200 towards rent in Pikeville.

The maximum amount a voucher would pay on behalf of a low-income tenant in Pikeville, Kentucky for a two-bedroom apartment is between $627 and $767.

2022 Pikeville, 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
Pikeville, Kentucky Fair Market Rent $510 $582 $697 $862 $1,069
Pikeville, Kentucky Payment Standard Range $459 to $561 $524 to $640 $627 to $767 $776 to $948 $962 to $1,176

Sourced from federal housing data and AffordableHousingOnline.com research.

Pikeville, KY Affordable Housing Snapshot

Total Affordable Apartment Properties 12
Total Low Income Apartments 802
Total Housing Units with Rental Assistance 646
Percentage of Housing Units Occupied By Renters 52.72%
Average Renter Household Size 2.06
Average Household Size 2.24
Median Household Income $41,270 ±$6,295
Median Rent $630 ±$92
Percentage Of Renters Overburdened 36.23% ± 8.65pp
Total Population 7,038

Population and Household Demographics

Pikeville is a city in Pike County, Kentucky with a population of 7,038. There are 2,817 households in the city with an average household size of 2.24 persons. 52.72% of households in Pikeville are renters.

Income and Rent Overburden in Pikeville

The median gross income for households in Pikeville is $41,270 a year, or $3,439 a month. The median rent for the city is $630 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Pikeville, a household making less than $2,100 a month would be considered overburdened when renting an apartment at or above the median rent. 36.23% of households who rent are overburdened in Pikeville.

Area Median Income In Pikeville

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 Pikeville, the AMI is calculated from all households within Pike County.

In Pikeville, HUD calculates the Area Median Income for a family of four as $44,300

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 Pikeville

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 Pikeville

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 Pikeville AMI may qualify for rental assistance programs that target Extremely Low Income households.
$12,880 $17,420 $21,960 $26,500 $29,350 $31,500 $33,700 $35,850
50% AMI Income Limits
Renters earning up to 50% of the Pikeville AMI may qualify for rental assistance programs that target Very Low Income households.
$19,050 $21,750 $24,450 $27,150 $29,350 $31,500 $33,700 $35,850
80% AMI Income Limits
Renters earning up to 80% of the Pikeville AMI may qualify for rental assistance programs that target Low Income households.
$30,450 $34,800 $39,150 $43,450 $46,950 $50,450 $53,900 $57,400