; Low Income Apartments For Rent in Erlanger, KY

Apply to Erlanger Apartment Waiting Lists

Ashwood Apartments and Townhomes

3534 Kimberly Dr
Erlanger, Kentucky
Rent Assisted
LIHTC

Baptist Village Phase II

3000 Riggs Rd
Erlanger, Kentucky
Rent Assisted
LIHTC
BMIR

Eagle Ridge Townhomes

116 Eagle Creek Dr
Erlanger, Kentucky
Rent Assisted
LIHTC

Transitions Recovery Kentucky

Pleasure Isle Dr
Erlanger, Kentucky
Rent Assisted
LIHTC
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There are 216 low-income apartments in Erlanger that offer reduced rents to eligible households.

Rental assistance programs support 0 low-income homes in Erlanger where households pay rent based on how much they earn. For 2024, elgible households participating in federally assisted housing pay an average of $330 towards rent each month.

Affordable rent data for some communities last confirmed on June 7th, 2024. Subdsidized rents typically change once a year based on federal guidance.

Public Housing Agencies Serving Erlanger, 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.

Housing Authority Programs
Housing Authority of Covington - Section 8 Section 8 Housing Choice Voucher (HCV); Family Self-Sufficiency; Veteran Affairs Supportive Housing (VASH); Section 8 Project-Based Voucher (PBV)
Housing Authority of Covington - Public Housing Public Housing
Go to the Kentucky Public Housing and Low-Income Apartments Waiting Lists page for openings near Erlanger.

Erlanger, Kentucky Affordable Housing Data

Income Based Apartments in Erlanger, Kentucky

Erlanger features 0 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 Erlanger, Kentucky

There are 216 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Erlanger.

Housing Choice Vouchers in Erlanger, Kentucky

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Erlanger, Kentucky for a two-bedroom apartment is between $1,076 and $1,315.

2024 Erlanger, 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
Erlanger, Kentucky Fair Market Rent $810 $919 $1,195 $1,588 $1,766
Erlanger, Kentucky Payment Standard Range $729 to $891 $827 to $1,011 $1,076 to $1,315 $1,429 to $1,747 $1,589 to $1,943

Sourced from federal housing data and AffordableHousingOnline.com research.

Erlanger, KY Affordable Housing Snapshot

Total Affordable Apartment Properties 4
Total Low Income Apartments 216
Total Housing Units with Rental Assistance 0
Percentage of Housing Units Occupied By Renters 33.04%
Average Renter Household Size 2.40
Average Household Size 2.62
Median Household Income $54,964 ±$5,915
Median Rent $787 ±$31
Percentage Of Renters Overburdened 43.16% ± 8.27pp
Total Population 18,510

Population and Household Demographics

Erlanger is a city in Kenton County, Kentucky with a population of 18,510. There are 6,964 households in the city with an average household size of 2.62 persons. 33.04% of households in Erlanger are renters.

Income and Rent Overburden in Erlanger

The median gross income for households in Erlanger is $54,964 a year, or $4,580 a month. The median rent for the city is $787 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Erlanger, a household making less than $2,623 a month would be considered overburdened when renting an apartment at or above the median rent. 43.16% of households who rent are overburdened in Erlanger.

Area Median Income In Erlanger

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 Erlanger, the AMI is calculated from all households within Kenton County.

In Erlanger, HUD calculates the Area Median Income for a family of four as $103,600

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 Erlanger

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 Erlanger

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 Erlanger AMI may qualify for rental assistance programs that target Extremely Low Income households.
$21,250 $24,300 $27,350 $30,350 $35,140 $40,280 $45,420 $50,560
50% AMI Income Limits
Renters earning up to 50% of the Erlanger AMI may qualify for rental assistance programs that target Very Low Income households.
$35,400 $40,450 $45,500 $50,550 $54,600 $58,650 $62,700 $66,750
80% AMI Income Limits
Renters earning up to 80% of the Erlanger AMI may qualify for rental assistance programs that target Low Income households.
$56,650 $64,750 $72,850 $80,900 $87,400 $93,850 $100,350 $106,800