Fair Market Rent - Clay County, KY
FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.
| Bedrooms | FMR |
|---|---|
| Studio/Efficiency | $671 |
| 1 Bedroom | $675 |
| 2 Bedroom | $850 |
| 3 Bedroom | $1,198 |
| 4 Bedroom | $1,442 |
Income Limits - Clay County, KY
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $12,880
- Very Low (50%)
- $19,050
- Low (80%)
- $30,450
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $21,750
- Low (80%)
- $34,800
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $24,450
- Low (80%)
- $39,150
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $27,150
- Low (80%)
- $43,450
- Extremely Low (30%)
- $29,350
- Very Low (50%)
- $29,350
- Low (80%)
- $46,950
- Extremely Low (30%)
- $31,500
- Very Low (50%)
- $31,500
- Low (80%)
- $50,450
- Extremely Low (30%)
- $33,700
- Very Low (50%)
- $33,700
- Low (80%)
- $53,900
- Extremely Low (30%)
- $35,850
- Very Low (50%)
- $35,850
- Low (80%)
- $57,400
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $12,880 | $19,050 | $30,450 |
| 2 Persons | $17,420 | $21,750 | $34,800 |
| 3 Persons | $21,960 | $24,450 | $39,150 |
| 4 Persons | $26,500 | $27,150 | $43,450 |
| 5 Persons | $29,350 | $29,350 | $46,950 |
| 6 Persons | $31,500 | $31,500 | $50,450 |
| 7 Persons | $33,700 | $33,700 | $53,900 |
| 8 Persons | $35,850 | $35,850 | $57,400 |
All Cities in Clay County
Frequently Asked Questions About Housing in Clay County, KY
How many affordable housing options are in Clay County, Kentucky?+
Clay County, Kentucky has 27 affordable housing listings across 1 cities, with a total of 64 housing units. This includes 22 public housing, 4 LIHTC, and 1 housing authority listings.
What cities in Clay County have affordable housing?+
Clay County has affordable housing in 1 cities. The top cities include Manchester. Browse the city listings on this page to see all available options by location.
What are the Fair Market Rents in Clay County, Kentucky?+
The HUD Fair Market Rent (FMR) for Clay County, Kentucky is: Studio: $671, 1BR: $675, 2BR: $850, 3BR: $1198, 4BR: $1442. FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit. Subsidized housing typically charges 30% of the tenant's income.
What are the income limits for affordable housing in Clay County, Kentucky?+
For a 4-person household in Clay County, Kentucky: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $27,150, Low Income (80% AMI): $43,450. These HUD-set limits determine eligibility for various housing programs and are updated annually.
How do I apply for affordable housing in Clay County, Kentucky?+
To apply for affordable housing in Clay County, Kentucky: 1) Browse the listings on this page to find properties in your preferred city, 2) Contact the property or housing authority directly, 3) Complete their application, and 4) Provide proof of income and household size. Waitlist times vary — apply to multiple properties to maximize your chances.
What types of housing programs are available in Clay County, Kentucky?+
Clay County, Kentucky offers three main types of affordable housing: Public Housing (22 listings) — government-owned properties with income-based rent; LIHTC (4 listings) — privately owned apartments built with tax credits, offering below-market rents; and Housing Authorities (1 listings) — agencies administering Section 8 vouchers and public housing programs.
How large is the population of Clay County?+
Clay County has an estimated population of 2,565 across 1 cities. With 27 affordable housing properties serving the area, the county provides a range of housing assistance options for eligible residents.