How many low income apartments are in Princeton, KY?

HUD administrative data tracks 5 subsidized properties in Princeton with approximately 199 assisted units across project-based Section 8, public housing, LIHTC and §202/§811 programs.

What is the average rent in subsidized housing in Princeton?

Tenant-paid rents in Princeton's assisted buildings typically range from about $238 to $429 monthly, depending on program and bedroom size. Voucher holders generally pay close to 30% of their own income instead.

How do I apply for Section 8 in Princeton?

Two routes: (1) apply directly to each subsidized building — they manage their own waitlists; (2) join your regional housing authority's Housing Choice Voucher waitlist when open. Our step-by-step guide walks through documents and timing.

What rent will a Section 8 voucher cover in Princeton?

Payment standards track HUD's FY2026 Fair Market Rent for Caldwell County: about $714/mo for one-bedroom and $866/mo for two-bedroom units (gross rent incl. utilities). You pay roughly 30% of income toward the remainder.

Low Income & Subsidized Housing in Princeton, KY

There are 5 subsidized and income-restricted properties in Princeton with roughly 199 assisted units — including 1 project-based Section 8 buildings, 1 public housing developments, and 3 LIHTC tax-credit communities, according to HUD administrative data. Reported tenant-paid rents across these buildings range from about $238 to $429 per month. Median reported wait: about 26 months.

assisted properties

199

subsidized units

$334

typical rent

26 mo

median wait

Map of subsidized housing in Princeton

Complete directory of subsidized housing in Princeton

Property	Units	Avg rent	Reported wait
Hillview Ct Public Housing	105	$429	26 mo
Princeton Manor PB Section 8	40	$238	—
Franklin Place Senior Apts LIHTC	32	—	—
Legion Manor Apartments LIHTC	20	—	—
Karp - Caldwell County LIHTC	2	—	—

Section 8 apartments in Princeton (project-based)

These buildings carry HUD Section 8 contracts attached to the units — apply at each management office rather than through the voucher waitlist. How project-based Section 8 works →

Property	Units	Avg rent	Reported wait
Princeton Manor PB Section 8	40	$238	—

Public housing developments in Princeton

Rents here are set at about 30% of household income and managed by the local housing authority. About the public housing program →

Property	Units	Avg rent	Reported wait
Hillview Ct Public Housing	105	$429	26 mo

LIHTC & affordable tax-credit apartments in Princeton

Tax-credit units rent below market rate for households within income bands (often 30–60% of Area Median Income). Understanding LIHTC →

Property	Units	Avg rent	Reported wait
Franklin Place Senior Apts LIHTC	32	—	—
Legion Manor Apartments LIHTC	20	—	—
Karp - Caldwell County LIHTC	2	—	—

Voucher rent limits: Caldwell County Fair Market Rents

Housing Choice Voucher payment standards in this area derive from HUD's FY2026 Fair Market Rents for Caldwell County: studio $619, 1-BR $714, 2-BR $866, 3-BR $1,038, 4-BR $1,209.

Full FMR table for Caldwell County →

How to apply for subsidized housing in Princeton

Apply to buildings directly. Project-based Section 8, public housing, §202/§811 and LIHTC properties run their own waitlists — contact each office using the details on its page.
Join voucher waitlists. Your regional housing authority administers Housing Choice Vouchers; ask about current openings and preferences. Step-by-step application guide →
Document everything. ID, Social Security cards, birth certificates, and income proof speed up both paths.
Stay reachable. Update your address everywhere — missed mail is the top reason applicants lose spots.

Nearby cities with low income housing

Data: HUD Picture of Subsidized Households & LIHTC database (2024 vintage). Figures are administrative averages — confirm current availability with each property.