About This Property
Willow Woods Apartments comprises 24 low-income units serving families in Lawrenceburg, Kentucky, with a mix of 11 one-bedroom and 13 two-bedroom apartments. The property has been in service since 2015 and utilizes 9% Low-Income Housing Tax Credits to maintain affordability.
Property Details
Fair Market Rent - Anderson 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 | $695 |
| 1 Bedroom | $854 |
| 2 Bedroom | $959 |
| 3 Bedroom | $1,299 |
| 4 Bedroom | $1,304 |
Income Limits - Anderson County, KY
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $14,800
- Very Low (50%)
- $24,650
- Low (80%)
- $39,400
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $28,150
- Low (80%)
- $45,000
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $31,650
- Low (80%)
- $50,650
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $35,150
- Low (80%)
- $56,250
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $38,000
- Low (80%)
- $60,750
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $40,800
- Low (80%)
- $65,250
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $43,600
- Low (80%)
- $69,750
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $46,400
- Low (80%)
- $74,250
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $14,800 | $24,650 | $39,400 |
| 2 Persons | $17,420 | $28,150 | $45,000 |
| 3 Persons | $21,960 | $31,650 | $50,650 |
| 4 Persons | $26,500 | $35,150 | $56,250 |
| 5 Persons | $31,040 | $38,000 | $60,750 |
| 6 Persons | $35,580 | $40,800 | $65,250 |
| 7 Persons | $40,120 | $43,600 | $69,750 |
| 8 Persons | $44,660 | $46,400 | $74,250 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Lawrenceburg, KY?+
The Fair Market Rent (FMR) for Anderson County, KY is: $695 (Studio), $854 (1BR), $959 (2BR), $1299 (3BR), $1304 (4BR). Actual rent at subsidized properties like Willow Woods Apartments is typically 30% of household income or less.
What size apartments are available at Willow Woods Apartments?+
Willow Woods Apartments offers the following unit types: 11 One-Bedroom, 13 Two-Bedroom units, for a total of 24 units.
Who manages Willow Woods Apartments?+
Willow Woods Apartments is managed by . You can reach them at . Visit their website for more information.
Who is eligible to live at Willow Woods Apartments?+
Willow Woods Apartments primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
How do I apply for housing at Willow Woods Apartments?+
Willow Woods Apartments is a Low-Income Housing Tax Credit (LIHTC) property. To apply, you can start by calling , or visiting their website, or contacting the property management office. Contact the property to learn about availability and application requirements. Eligibility is based on income limits set for the area.
What are the income limits for affordable housing in Anderson County, KY?+
For a 4-person household in Anderson County, KY, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $35,150, Low Income (80% AMI): $56,250. These limits are set by HUD and updated annually.
What is the price range for apartments in Lawrenceburg, KY?+
Based on Fair Market Rent for Anderson County, the estimated price range is: 1-bedroom: $854, 2-bedroom: $959. Actual rent at Willow Woods Apartments may be lower for income-eligible households.
Walk Score
Almost All Errands Require a Car
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.