Affordable Housing In Sedalia
Graves County, Kentucky

Affordable Housing programs support 0 income based apartments in Sedalia where households pay rent based on how much they earn.

There are 0 affordable apartments in Sedalia that offer reduced rents to low-income households.

Waiting Lists in Sedalia, Kentucky

There are no open Section 8 Housing Choice Voucher waiting lists in Sedalia. Go to the Kentucky Section 8 Waiting Lists page for openings near Sedalia.

Affordable Housing Near Sedalia

View affordable apartments and waiting lists in cities near Sedalia

City Apartments
Affordable Housing In Fancy Farm, KY Affordable Housing programs support 4 apartment communities in Fancy Farm.
Affordable Housing In Mayfield, KY Affordable Housing programs support 10 apartment communities in Mayfield.
Affordable Housing In Symsonia, KY Affordable Housing programs support 1 apartment communities in Symsonia.
Affordable Housing In Wingo, KY Affordable Housing programs support 3 apartment communities in Wingo.

Sedalia, Kentucky Affordable Housing Data

Income Based Apartments in Sedalia, Kentucky

Sedalia features 0 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 Sedalia, Kentucky

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

Housing Choice Vouchers in Sedalia, Kentucky

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Sedalia, Kentucky for a two-bedroom apartment is between $668 and $816.

2023 Sedalia, 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
Sedalia, Kentucky Fair Market Rent $538 $564 $742 $1,043 $1,130
Sedalia, Kentucky Payment Standard Range $484 to $592 $508 to $620 $668 to $816 $939 to $1,147 $1,017 to $1,243

Sourced from federal housing data and research.

Sedalia, KY Affordable Housing Snapshot

Total Affordable Apartment Properties 0
Total Low Income Apartments 0
Total Housing Units with Rental Assistance 0
Percentage of Housing Units Occupied By Renters 5.79%
Average Renter Household Size 2.14
Average Household Size 2.91
Median Household Income $35,156 ±$23,746
Median Rent $0 ±$0
Percentage Of Renters Overburdened 100% ± 272.18pp
Total Population 352

Population and Household Demographics

Sedalia is a city in Graves County, Kentucky with a population of 352. There are 121 households in the city with an average household size of 2.91 persons. 5.79% of households in Sedalia are renters.

Income and Rent Overburden in Sedalia

The median gross income for households in Sedalia is $35,156 a year, or $2,930 a month. The median rent for the city is $0 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Sedalia, a household making less than $0 a month would be considered overburdened when renting an apartment at or above the median rent. 100% of households who rent are overburdened in Sedalia.

Area Median Income In Sedalia

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 Sedalia, the AMI is calculated from all households within Graves County.

In Sedalia, HUD calculates the Area Median Income for a family of four as $67,100

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 Sedalia

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 Sedalia

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 Sedalia AMI may qualify for rental assistance programs that target Extremely Low Income households.
$13,900 $18,310 $23,030 $27,750 $32,470 $37,190 $40,950 $43,600
50% AMI Income Limits
Renters earning up to 50% of the Sedalia AMI may qualify for rental assistance programs that target Very Low Income households.
$23,100 $26,400 $29,700 $33,000 $35,650 $38,300 $40,950 $43,600
80% AMI Income Limits
Renters earning up to 80% of the Sedalia AMI may qualify for rental assistance programs that target Low Income households.
$36,950 $42,200 $47,500 $52,750 $57,000 $61,200 $65,450 $69,650