Low Income Apartments and Affordable Housing For Rent in Stamping Ground, KY

Discover affordable housing in Stamping Ground where there are 2+ 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.

Spring View Apartments

142 Springview Dr, Stamping Ground, Kentucky 40379

switch_access_shortcut Short Wait
payment Subsidized
real_estate_agent Accepts Vouchers
payment Income Based

Scott Village Apts

Burch and Main Streets, Stamping Ground, Kentucky

switch_access_shortcut Short Wait
payment Subsidized
real_estate_agent Accepts Vouchers

How To Identify Affordable Housing in Stamping Ground, Kentucky

Look for program and preference badges on affordable apartment listings. These badges can help you identify the types of low income housing each apartment offers and if you may be eligbile for rental assistance or reduced rents.

Badge Description
switch_access_shortcut Short Wait
Low income apartments with no or short waiting lists.
payment Subsidized
Low income housing where the rent is subsidized and the renter pays only a portion of total rent.
real_estate_agent Accepts Vouchers
Apartments that accept Section 8 vouchers near you
elderly Senior
Rental housing for seniors who are 55 (or sometimes 62) and older.
payment Income Based
Affordable apartments where the rent paid is based on renter income.
accessibility Accessible
Meets Accessibilty Requirements of the Fair Housing Act, the ADA, or HUD policy.
accessible_forward Disability
Apartments for individuals or families with disabilities.
real_estate_agent Naturally Affordable
Naturally Occuring Affordable Housing - or NOAH - is any housing unit that offers affordable rent without participating in a rent subsidy program.
The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Stamping Ground, Kentucky
$22.29/hour
$15.04 (+207%) more than Kentucky minimum wage and $15.04 (+207%) more than the Federal minimum wage.
Learn More About Stamping Ground, Kentucky Affordable Housing ↓

How many renters live in Stamping Ground, Kentucky?

The City of Stamping Ground has people living in households.

There are renters living in renter households in this City. Renters make up 33.26 percent of the population living in Stamping Ground.

What is the rental market like in Stamping Ground, Kentucky?

There are an estimated housing units in the Stamping Ground area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Stamping Ground, Kentucky, there are 1.07 rental units.

What is the vacancy rate for rentals in Stamping Ground?

The rental vacancy rate in Stamping Ground is 0 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 Stamping Ground for each bedroom size?

Occupied Rental Units by Size in Stamping Ground
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
10 21 31 50 16
Occupied Rental Units by Size in Stamping Ground

A large number of apartments in Stamping Ground have two or fewer bedrooms. Seniors and young professionals especially may have more success finding an apartment that meets their needs.

How Much Is Rent in Stamping Ground

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $802 to $1,807. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $802
One BR $983
Two BR $1,177
Three BR $1,599
Four BR $1,807
2024 Fair Market Rents in Stamping Ground, Kentucky

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

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 10 100 percent
One BR 21 100 percent
Two BR 23 74 percent
Rental Units Below FMR in Stamping Ground, Kentucky

How many affordable rental units are in Stamping Ground?

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

Federal Program Unit Count
Section 8 Project-Based Rental Assistance
USDA Section 515 Rural Rental Housing
Tracked Units by Federal Program in Stamping Ground, Kentucky

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

Income Based Apartments in Stamping Ground, Kentucky

Stamping Ground features 24 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 Stamping Ground, Kentucky

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

Housing Choice Vouchers in Stamping Ground, Kentucky

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Stamping Ground, Kentucky for a two-bedroom apartment is between $1,059 and $1,295.

Sourced from federal housing data and AffordableHousingOnline.com research.

Email Signup
Don't Miss A Waiting List Opening