Affordable Housing In Shelby County

27 Low Income Apartment Communities In Shelby County

Veechdale Apartments

233 Buck Creek Rd
Simpsonville, Kentucky

Maidie Lane

29 Maidie Ln
Shelbyville, Kentucky

Shelbyville Townhomes Apartments

119 Nora Ave
Shelbyville, Kentucky

Cherrywood Apartments

Willowwood DR
Shelbyville, Kentucky

Parkside Associates, Inc

118 9th St
Shelbyville, Kentucky

1635 Juniper Dr

1635 Juniper Dr
Shelbyville, Kentucky

Bondurant Heights

1 Cardinal Dr
Shelbyville, Kentucky

Cola Commons

Frankfort Rd
Shelbyville, Kentucky

Marian Village Apartments

Short St
Shelbyville, Kentucky

Willow Woods Apts

501 Willow Wood Dr
Shelbyville, Kentucky

Housing Authorities that serve Shelby County

Housing Authority Programs
Kentucky Housing Corporation Section 8 Housing Choice Voucher (HCV)

Guide To Affordable Housing in Shelby County, Kentucky

There are 27 low income housing apartment communities offering 793 affordable apartments for rent in Shelby County, Kentucky.

Income Based Apartments in Shelby County, Kentucky

Shelby County features 338 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 Shelby County, Kentucky

There are 455 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Shelby County.

Housing Choice Vouchers in Shelby County, Kentucky

On average, Section 8 Housing Choice vouchers pay Shelby County landlords $700 per month towards rent. The average voucher holder contributes $300 towards rent in Shelby County.

The maximum amount a voucher would pay on behalf of a low-income tenant in Shelby County, Kentucky for a two-bedroom apartment is between $780 and $954.

2021 Shelby 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
Shelby County, Kentucky Fair Market Rent $612 $658 $867 $1,135 $1,337
Shelby County, Kentucky Payment Standard Range $551 to $673 $592 to $724 $780 to $954 $1,022 to $1,249 $1,203 to $1,471

Sourced from federal housing data and research.

Shelby County, KY Affordable Housing Snapshot

Total Affordable Apartment Properties 27
Total Low Income Apartments 793
Total Housing Units with Rental Assistance 338
Percentage of Housing Units Occupied By Renters 30.9%
Average Renter Household Size 2.65
Average Household Size 2.67
Median Household Income $60,324 ±$2,729
Median Rent $796 ±$40
Percentage Of Renters Overburdened 46.89% ± 5.8pp
Total Population 44,290

Population and Household Demographics

Shelby County is a county in Kentucky with a population of 44,290. There are 15,888 households in the county with an average household size of 2.67 persons. 30.9% of households in Shelby County are renters.

Income and Rent Overburden in Shelby County

The median gross income for households in Shelby County is $60,324 a year, or $5,027 a month. The median rent for the county is $796 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Shelby County, a household making less than $2,653 a month would be considered overburdened when renting an apartment at or above the median rent. 46.89% of households who rent are overburdened in Shelby County.

Area Median Income In Shelby 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 Shelby County, HUD calculates the Area Median Income for a family of four as $78,900

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 Shelby 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 Shelby County

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 Shelby County AMI may qualify for rental assistance programs that target Extremely Low Income households.
$16,600 $18,950 $21,960 $26,500 $31,040 $35,580 $40,120 $44,660
50% AMI Income Limits
Renters earning up to 50% of the Shelby County AMI may qualify for rental assistance programs that target Very Low Income households.
$27,650 $31,600 $35,550 $39,450 $42,650 $45,800 $48,950 $52,100
80% AMI Income Limits
Renters earning up to 80% of the Shelby County AMI may qualify for rental assistance programs that target Low Income households.
$44,200 $50,500 $56,800 $63,100 $68,150 $73,200 $78,250 $83,300

Cities In Shelby County

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

City Served By
Shelbyville The HUD funded Public Housing Agencies that serve Shelbyville are the Housing Authority of Shelbyville and Kentucky Housing Corporation.
Simpsonville The HUD funded Public Housing Agency that serves Simpsonville is the Kentucky Housing Corporation.