Wingo, Kentucky Affordable Housing

Waiting Lists in Wingo, Kentucky

There are no open Section 8 Housing Choice Voucher waiting lists in Wingo. Go to the Kentucky Section 8 Waiting Lists page for openings near Wingo.

Finding Affordable Housing in Wingo, Kentucky

There are 0 low-income apartments in Wingo that offer reduced rents to eligible households.

Rental assistance programs support 32 low-income homes in Wingo where households pay rent based on how much they earn. For 2023, elgible households participating in federally assisted housing pay an average of $-4 towards rent each month.

Locust Ridge Apartments

Lebanon St
Wingo, Kentucky
Rent Assisted
Elderly Supportive Housing

Wingo Apartments

90 Atlantic Ave
Wingo, Kentucky
Rent Assisted

Plumlee Apartments

55 Plumlee St
Wingo, Kentucky
Rent Assisted
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Affordable rent data last confirmed on March 19th, 2023. Subdsidized rents typically change once a year based on federal guidance.

Affordable Housing Near Wingo

View affordable apartments and waiting lists in cities near Wingo

City Apartments
Mayfield, KY Affordable Housing programs support 10 apartment communities in Mayfield.
Fancy Farm, KY Affordable Housing programs support 4 apartment communities in Fancy Farm.
Symsonia, KY Affordable Housing programs support 1 apartment communities in Symsonia.

Wingo, Kentucky Affordable Housing Data

Income Based Apartments in Wingo, Kentucky

Wingo features 32 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 Wingo, Kentucky

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

Housing Choice Vouchers in Wingo, Kentucky

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Wingo, Kentucky for a two-bedroom apartment is between $668 and $816.

2023 Wingo, 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
Wingo, Kentucky Fair Market Rent $538 $564 $742 $1,043 $1,130
Wingo, Kentucky Payment Standard Range $484 to $592 $508 to $620 $668 to $816 $939 to $1,147 $1,017 to $1,243

Sourced from federal housing data and research.

Wingo, KY Affordable Housing Snapshot

Total Affordable Apartment Properties 3
Total Low Income Apartments 32
Total Housing Units with Rental Assistance 32
Percentage of Housing Units Occupied By Renters 24.08%
Average Renter Household Size 2.58
Average Household Size 2.64
Median Household Income $39,219 ±$7,780
Median Rent $703 ±$130
Percentage Of Renters Overburdened 38.89% ± 30.8pp
Total Population 790

Population and Household Demographics

Wingo is a city in Graves County, Kentucky with a population of 790. There are 299 households in the city with an average household size of 2.64 persons. 24.08% of households in Wingo are renters.

Income and Rent Overburden in Wingo

The median gross income for households in Wingo is $39,219 a year, or $3,268 a month. The median rent for the city is $703 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Wingo, a household making less than $2,343 a month would be considered overburdened when renting an apartment at or above the median rent. 38.89% of households who rent are overburdened in Wingo.

Area Median Income In Wingo

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.

HUD often uses an area larger than a city to determine the AMI because HUD anticipates those searching for housing will look beyond individual cities during their housing search. For Wingo, the AMI is calculated from all households within Graves County.

In Wingo, HUD calculates the Area Median Income for a family of four as $67,100

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 Wingo

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 Wingo

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 Wingo AMI may qualify for rental assistance programs that target Extremely Low Income households.
$13,900 $18,310 $23,030 $27,750 $32,470 $37,190 $40,950 $43,600
50% AMI Income Limits
Renters earning up to 50% of the Wingo AMI may qualify for rental assistance programs that target Very Low Income households.
$23,100 $26,400 $29,700 $33,000 $35,650 $38,300 $40,950 $43,600
80% AMI Income Limits
Renters earning up to 80% of the Wingo AMI may qualify for rental assistance programs that target Low Income households.
$36,950 $42,200 $47,500 $52,750 $57,000 $61,200 $65,450 $69,650