Program: Low-Rent · Public housing units: 292 · Section 8 vouchers: 0 · Households served: 276 · Occupancy: 94% · ZIP codes served: 5
The Housing Authority of Richmond operates 292 public housing units and does not administer any Section 8 vouchers. It serves 276 households with a 94% occupancy rate. The authority's primary program type is Low-Rent, providing affordable housing options within Madison County, Kentucky.
The Housing Authority of Richmond ranks second among the three authorities serving the same ZIP codes in the area. Its peer, the City of Richmond Section 8 Housing Program, administers 774 Section 8 vouchers, while the Housing Authority of Berea, like Richmond, does not administer any Section 8 vouchers. Despite not offering vouchers, Richmond's public housing units make it a significant provider of affordable housing in the region.
The two-bedroom Fair Market Rent (FMR) in the area ranges from $870 to $950, with an average of $900. This is below the state average of $1014. The highest FMR for a two-bedroom unit is found in ZIP code 40475 at $950, while the lowest is in ZIP code 40461 at $870.
| ZIP | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| 40385 | $690 | $860 | $980 | $1,320 | $1,540 |
| 40403 | $660 | $820 | $940 | $1,300 | $1,500 |
| 40404 | $660 | $820 | $940 | $1,300 | $1,500 |
| 40461 | $650 | $820 | $920 | $1,240 | $1,340 |
| 40475 | $720 | $890 | $1,030 | $1,430 | $1,660 |
Multiple authorities administer vouchers across the same area:
Source: US HUD Public Housing Authority data; Fair Market Rent FY2027. This is an independent reference page, not the authority's own site.
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