Low Income Apartments and Affordable Housing For Rent in Carroll County, KY

Discover affordable housing in Carroll County where there are 3+ 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.

Carrollton Village

298 Village Ln, Carrollton, Kentucky 41008

Carrollton Landmark

254 Landmark Ct, Carrollton, Kentucky 41008

Port Williams Homes

805 Mason St, Carrollton, Kentucky 41008

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Carroll County, Kentucky
$16.10/hour
$8.85 (+122%) more than Kentucky minimum wage and $8.85 (+122%) more than the Federal minimum wage.
Learn More About Carroll County, Kentucky Affordable Housing ↓

What HUD offices serve Carroll County, 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 Section 8 Housing Choice Voucher (HCV) programs for Carroll County, Kentucky.

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

How many renters live in Carroll County, Kentucky?

The County of Carroll County has 10,842 people living in 4,039 households.

There are 3,082 renters living in 1,295 renter households in this County. Renters make up 28.43 percent of the population living in Carroll County.

What is the rental market like in Carroll County, Kentucky?

There are an estimated 4,675 housing units in the Carroll County area. Of these, 1,344 units are rental homes, making up 29 percent of the housing market. For every renter household in Carroll County, Kentucky, there are 1 rental units.

What is the vacancy rate for rentals in Carroll County?

The rental vacancy rate in Carroll County is 3 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 Carroll County for each bedroom size?

Occupied Rental Units by Size in Carroll County
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
31 271 606 331 35
Occupied Rental Units by Size in Carroll County

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

Among renter households in this market, 36 percent have housing cost burden. Further, 13 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 Carroll County

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $616 to $1,329. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $616
One BR $757
Two BR $850
Three BR $1,198
Four BR $1,329
2024 Fair Market Rents in Carroll County, Kentucky

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

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 31 100 percent
One BR 211 78 percent
Two BR 294 49 percent
Rental Units Below FMR in Carroll County, Kentucky

How many affordable rental units are in Carroll County?

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

Federal Program Unit Count
Low Income Housing Tax Credit 80
Public Housing 180
Section 8 Project-Based Rental Assistance 80
USDA Section 515 Rural Rental Housing 48
Tracked Units by Federal Program in Carroll County, Kentucky

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

Income Based Apartments in Carroll County, Kentucky

Carroll County features 233 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 Carroll County, Kentucky

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

Housing Choice Vouchers in Carroll County, Kentucky

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Carroll County, Kentucky for a two-bedroom apartment is between $765 and $935.

Sourced from federal housing data and AffordableHousingOnline.com research.