About This Property
Happy Valley Manor Apartments comprises 24 two-bedroom units designated for low-income families in Cave City, Kentucky. The property has been in service since 2005 and operates under 9% Low-Income Housing Tax Credit financing. Management and leasing inquiries can be directed to the property contact.
Property Details
Fair Market Rent - Barren 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 | $631 |
| 1 Bedroom | $662 |
| 2 Bedroom | $870 |
| 3 Bedroom | $1,117 |
| 4 Bedroom | $1,167 |
Income Limits - Barren 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 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Cave City, KY?+
The Fair Market Rent (FMR) for Barren County, KY is: $631 (Studio), $662 (1BR), $870 (2BR), $1117 (3BR), $1167 (4BR). Actual rent at subsidized properties like Happy Valley Manor Apartments is typically 30% of household income or less.
What size apartments are available at Happy Valley Manor Apartments?+
Happy Valley Manor Apartments offers the following unit types: 24 Two-Bedroom units, for a total of 24 units.
What is the price range for apartments in Cave City, KY?+
Based on Fair Market Rent for Barren County, the estimated price range is: 2-bedroom: $870. Actual rent at Happy Valley Manor Apartments may be lower for income-eligible households.
How do I apply for housing at Happy Valley Manor Apartments?+
Happy Valley Manor Apartments is a Low-Income Housing Tax Credit (LIHTC) property. To apply, you can start by calling , 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.
Who is eligible to live at Happy Valley Manor Apartments?+
Happy Valley Manor Apartments primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
Who manages Happy Valley Manor Apartments?+
Happy Valley Manor Apartments is managed by . You can reach them at .
What are the income limits for affordable housing in Barren County, KY?+
For a 4-person household in Barren County, KY, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $27,150, Low Income (80% AMI): $43,450. These limits are set by HUD and updated annually.
Walk Score
Almost All Errands Require a Car
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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