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Affordable apartments in Prestonsburg, Kentucky

6 income-restricted buildings tracked here, drawn from HUD's LIHTC, Section 8, Section 202, and Section 811 datasets. Map, eligibility tiers, and Fair Market Rent below.

3 section 81 section 2022 lihtc

Buildings

CLIFFSIDE APARTMENTS

Section 8
29 CLIFFSIDE DR, Prestonsburg, KY, 41653
Income-restricted units
94 of 94
Year placed in service
Not reported

Estimated total housing cost: $615 rent + $152 utilities = $767/mo

Contact property management for current availability. Waitlists may apply.

HIGHLAND TERRACE

Section 202
34 MAYS BRANCH RD, Prestonsburg, KY, 41653
Income-restricted units
79 of 80
Year placed in service
Not reported

Estimated total housing cost: $615 rent + $152 utilities = $767/mo

Contact property management for current availability. Waitlists may apply.

HIGHLAND TERRACE

Section 8
34 MAYS BRANCH RD, Prestonsburg, KY, 41653
Income-restricted units
79 of 80
Year placed in service
Not reported

Estimated total housing cost: $615 rent + $152 utilities = $767/mo

Contact property management for current availability. Waitlists may apply.

HIGHLAND HEIGHTS

Section 8
1 GOBLE ROBERTS ADD., Prestonsburg, KY, 41653
Income-restricted units
75 of 75
Year placed in service
Not reported

Estimated total housing cost: $615 rent + $152 utilities = $767/mo

Contact property management for current availability. Waitlists may apply.

PARK PLACE APARTMENTS

LIHTC
KY ROUTE 114, PRESTONSBURG, KY, 41653
Income-restricted units
13 of 32
Year placed in service
1997
Bedroom mix
8 1BR · 24 2BR

Estimated total housing cost: $615 rent + $152 utilities = $767/mo

Contact property management for current availability. Waitlists may apply.

PRESTON'S CROSSING

LIHTC
TOWN BRANCH ROAD, PRESTONSBURG, KY, 41653
Income-restricted units
0 of 24
Year placed in service
2010
Bedroom mix
12 2BR · 12 3BR

Estimated total housing cost: $615 rent + $152 utilities = $767/mo

Contact property management for current availability. Waitlists may apply.

Map

Each pin is one income-restricted building. Color-coded by program. Click a pin for details.

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Energy costs in Kentucky

Residential electricity in Kentucky runs about 13.52¢/kWh, with a typical monthly residential electric bill near $152. Natural gas runs about $21.93/Mcf. Add this to rent when you compare buildings; it can shift total monthly housing cost by 10–20%.

Source: U.S. Energy Information Administration, retail-sales (electricity) and natural gas residential pricing series, 12-month rolling average.

Check your affordability tier

Enter your annual household income, household size, and zip code. We’ll show which HUD AMI tier you qualify for and what Fair Market Rent looks like in your area.

Fair Market Rent for Prestonsburg, KY

Metro-level
BedroomsLocal FMRNational median
Studio$523n/a
1 bedroom$584n/a
2 bedroom$615$1,502
3 bedroom$800n/a
4 bedroom$923n/a

Fair Market Rent is HUD’s annual benchmark for the cost of rental housing in a given area. Source label: median_rent_proxy.

HUD income limits : Floyd County, KY

FY2025. Area median income: $61,300.

Household size30% AMI50% AMI80% AMI
1 person$15,650$24,850$39,700
2 people$21,150$28,400$45,400
3 people$26,650$31,950$51,050
4 people$32,150$35,450$56,700
5 people$37,650$38,300$61,250
6 people$41,150$41,150$65,800
7 people$44,000$44,000$70,350
8 people$46,800$46,800$74,850

HUD calculates income limits per household size relative to the area’s median family income. Properties may serve renters in any combination of these tiers; eligibility is determined per program.

Affordable rentals in nearby Kentucky cities

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About this listing. Buildings shown serve income-restricted households across HUD program tiers. We do not show vacancy or pricing for individual units. Always contact the property directly for current availability; many income-restricted buildings maintain waitlists measured in months or years.

See also: Prestonsburg cost-of-living and Fair Market Rent overview