What HUD offices serve Trimble 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.
Go to the Kentucky Public Housing and Low-Income Apartments Waiting Lists page for openings near Trimble County.
How many renters live in Trimble County, Kentucky?
The County of Trimble County has 8,510 people living in 3,273 households.
There are 1,758 renters living in 613 renter households in this County. Renters make up 20.66 percent of the population living in Trimble County.
What is the rental market like in Trimble County, Kentucky?
There are an estimated 3,864 housing units in the Trimble County area. Of these, 656 units are rental homes, making up 17 percent of the housing market. For every renter household in Trimble County, Kentucky, there are 1 rental units.
What is the vacancy rate for rentals in Trimble County?
The rental vacancy rate in Trimble 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 Trimble County for each bedroom size?
Occupied Rental Units by Size in Trimble County
Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
---|---|---|---|---|
0 | 88 | 177 | 297 | 49 |
Occupied Rental Units by Size in Trimble County
A large number of apartments in Trimble 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 Trimble County are overburdened by housing costs?
Among renter households in this market, 26 percent have housing cost burden. Further, 11 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 Trimble County
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $625 to $1,148. FMRs are updated annually by HUD for every city and county nationwide.
Bed Size | 2024 Fair Market Rents |
Studio | $625 |
One BR | $656 |
Two BR | $862 |
Three BR | $1,144 |
Four BR | $1,148 |
2024 Fair Market Rents in Trimble County, Kentucky
How many units are rented at Fair Market Rent (FMR) in Trimble 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 |
One BR | 75 | 85 percent |
Two BR | 114 | 64 percent |
Rental Units Below FMR in Trimble County, Kentucky
How many affordable rental units are in Trimble County?
There are a variety of federal affordable housing programs serving households in Trimble County, Kentucky including the following:
Federal Program | Unit Count |
Low Income Housing Tax Credit | 59 |
Section 8 Project-Based Rental Assistance | 40 |
USDA Section 515 Rural Rental Housing | 52 |
Tracked Units by Federal Program in Trimble County, Kentucky
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in Trimble County, Kentucky
Trimble County features 92 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 Trimble County, Kentucky
There are 5 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Trimble County.
Housing Choice Vouchers in Trimble County, Kentucky
On average, Section 8 Housing Choice vouchers pay Trimble County landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Trimble County.
The maximum amount a voucher would pay on behalf of a low-income tenant in Trimble County, Kentucky for a two-bedroom apartment is between $776 and $948.
Sourced from federal housing data and AffordableHousingOnline.com research.