Low Income Apartments and Affordable Housing For Rent in Shelbyville, KY

Discover affordable housing in Shelbyville where there are 25+ 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.

Midland Square Apartments

400 Mack Walters Road, Shelbyville, Kentucky 40065

Cherrywood Apartments

Willowwood DR, Shelbyville, Kentucky 40065

Moesser House

400 W Main St, Shelbyville, Kentucky 40065

West Shelby House Apartments

Willow Wood Dr, Shelbyville, Kentucky 40065

West Shelby House

70 Willow Wood Dr, Shelbyville, Kentucky 40065

Shelbyville Townhomes Apartments

119 Nora Ave, Shelbyville, Kentucky 40065

Sycamore Terrace

500 Sycamore Ter, Shelbyville, Kentucky 40065

Meadowrun Terrace Apartments

144 Haven Hill Road, Shelbyville, Kentucky 40065

Indian Ridge Apartments

501 Indian Ridge Rd, Shelbyville, Kentucky 40065

Cola Commons

Frankfort Rd, Shelbyville, Kentucky 40065

Lynne Acres Apartments

601 Lynne Acres, Shelbyville, Kentucky 40065

Brea's Crossing Senior Apartments

3025 Squire Circle , Shelbyville, Kentucky 40065

South Shelby Apts

201 S Shelby House Apartment, Shelbyville, Kentucky

North Shelby House Ltd

84 N. Shelby House, Shelbyville, Kentucky

Haven Hill Apts

411 Haven Hill Rd, Shelbyville, Kentucky

Centerbrook Apts

108 Berea St, Shelbyville, Kentucky

Village Green Apts

81 Kent St, Shelbyville, Kentucky

Willow Woods Apts

501 Willow Wood Dr, Shelbyville, Kentucky

Marian Village Apartments

Short St, Shelbyville, Kentucky 40065

Bondurant Heights

1 Cardinal Dr, Shelbyville, Kentucky 40065

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Shelbyville, Kentucky
$14.15 (+195%) more than Kentucky minimum wage and $14.15 (+195%) more than the Federal minimum wage.
Learn More About Shelbyville, Kentucky Affordable Housing ↓

What HUD offices serve Shelbyville, 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 Public Housing programs for Shelbyville, Kentucky.
Operates the Section 8 Housing Choice Voucher (HCV) programs for Shelbyville, Kentucky.

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

How many renters live in Shelbyville, Kentucky?

The City of Shelbyville has 17,239 people living in 6,442 households.

There are 6,823 renters living in 2,891 renter households in this City. Renters make up 39.58 percent of the population living in Shelbyville.

What is the rental market like in Shelbyville, Kentucky?

There are an estimated 6,806 housing units in the Shelbyville area. Of these, 3,040 units are rental homes, making up 45 percent of the housing market. For every renter household in Shelbyville, Kentucky, there are 1 rental units.

What is the vacancy rate for rentals in Shelbyville?

The rental vacancy rate in Shelbyville 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 Shelbyville for each bedroom size?

Occupied Rental Units by Size in Shelbyville
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
164 346 1,299 991 50
Occupied Rental Units by Size in Shelbyville

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

Among renter households in this market, 38 percent have housing cost burden. Further, 14 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 Shelbyville

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $862 to $1,589. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $862
One BR $965
Two BR $1,130
Three BR $1,458
Four BR $1,589
2024 Fair Market Rents in Shelbyville, Kentucky

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

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 89 54 percent
One BR 271 78 percent
Two BR 904 70 percent
Rental Units Below FMR in Shelbyville, Kentucky

How many affordable rental units are in Shelbyville?

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

Federal Program Unit Count
Low Income Housing Tax Credit 381
Public Housing 81
Section 8 Project-Based Rental Assistance 192
USDA Section 515 Rural Rental Housing 168
Tracked Units by Federal Program in Shelbyville, Kentucky

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

Income Based Apartments in Shelbyville, Kentucky

Shelbyville features 459 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 Shelbyville, Kentucky

There are 280 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Shelbyville.

Housing Choice Vouchers in Shelbyville, Kentucky

On average, Section 8 Housing Choice vouchers pay Shelbyville landlords $500 per month towards rent. The average voucher holder contributes $300 towards rent in Shelbyville.

The maximum amount a voucher would pay on behalf of a low-income tenant in Shelbyville, Kentucky for a two-bedroom apartment is between $1,017 and $1,243.

Sourced from federal housing data and AffordableHousingOnline.com research.