Affordable Housing In Warren County
43 Low Income Apartment Communities In Warren County
Housing Authorities that serve Warren County
|Kentucky Housing Corporation||Section 8 Housing Choice Voucher (HCV)|
Guide To Affordable Housing in Warren County, Kentucky
There are 43 low income housing apartment communities offering 2,058 affordable apartments for rent in Warren County, Kentucky.
Income Based Apartments in Warren County, Kentucky
Warren County features 1,257 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 Warren County, Kentucky
There are 801 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Warren County.
Housing Choice Vouchers in Warren County, Kentucky
On average, Section 8 Housing Choice vouchers pay Warren County landlords $500 per month towards rent. The average voucher holder contributes $300 towards rent in Warren County.
The maximum amount a voucher would pay on behalf of a low-income tenant in Warren County, Kentucky for a two-bedroom apartment is between $726 and $888.
2020 Warren 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|
|Fair Market Rent||$625||$629||$807||$1,035||$1,395|
|Payment Standard Range||$563 to $688||$566 to $692||$726 to $888||$932 to $1,139||$1,256 to $1,535|
Sourced from federal housing data and AffordableHousingOnline.com research.
Warren County, KY Affordable Housing Snapshot
|Total Affordable Apartment Properties||43|
|Total Low Income Apartments||2,058|
|Total Housing Units with Rental Assistance||1,257|
|Percentage of Housing Units Occupied By Renters||42.42%|
|Average Renter Household Size||2.39|
|Average Household Size||2.48|
|Median Household Income||$44,911 ±$1,525|
|Median Rent||$692 ±$14|
|Percentage Of Renters Overburdened||44.54% ± 2.98pp|
Population and Household Demographics
Warren County is a county in Kentucky with a population of 118,950. There are 45,387 households in the county with an average household size of 2.48 persons. 42.42% of households in Warren County are renters.
Income and Rent Overburden in Warren County
The median gross income for households in Warren County is $44,911 a year, or $3,743 a month. The median rent for the county is $692 a month.
Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Warren County, a household making less than $2,307 a month would be considered overburdened when renting an apartment at or above the median rent. 44.54% of households who rent are overburdened in Warren County.
Area Median Income In Warren 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 Warren County, HUD calculates the Area Median Income for a family of four as $64,400
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 Warren 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 Warren County
|Income||1 Person||2 Person||3 Person||4 Person||5 Person||6 Person||7 Person||8 Person|
|30% of Median||$13,150||$17,240||$21,720||$26,200||$30,680||$35,160||$38,750||$41,250|
|50% of Median||$21,900||$25,000||$28,150||$31,250||$33,750||$36,250||$38,750||$41,250|
|80% of Median||$35,000||$40,000||$45,000||$49,950||$53,950||$57,950||$61,950||$65,950|
Cities In Warren County
Select A City to View its Apartment Communities and Waiting Lists.
|Bowling Green||The HUD funded Public Housing Agencies that serve Bowling Green are the Housing Authority of Bowling Green, City of Bowling Green Housing Division and Kentucky Housing Corporation.|
|Oakland||The HUD funded Public Housing Agency that serves Oakland is the Kentucky Housing Corporation.|
|Plano||The HUD funded Public Housing Agency that serves Plano is the Kentucky Housing Corporation.|
|Plum Springs||The HUD funded Public Housing Agency that serves Plum Springs is the Kentucky Housing Corporation.|
|Smiths Grove||The HUD funded Public Housing Agency that serves Smiths Grove is the Kentucky Housing Corporation.|
|Woodburn||The HUD funded Public Housing Agency that serves Woodburn is the Kentucky Housing Corporation.|