About This Property
Hillrise Place is a 40-unit affordable housing community in Lexington, Kentucky, offering low-income housing through the Low-Income Housing Tax Credit program. The property contains one 1-bedroom unit and 39 four-bedroom units and has been in service since 2001. The community is non-profit owned and operated.
Waitlist Information
Waitlist managed by Housing Authority of Lexington
Wait list is open for ONE (1) bedroom units at the Ballard and Connie Griffith Apartments for elderly persons (62 years of age or older) households.
The LHA Section 8 waiting list is currently closed.
Waitlist data provided by section8waitlist.org
Updated April 18, 2026
Property Details
Fair Market Rent - Fayette 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 | $802 |
| 1 Bedroom | $983 |
| 2 Bedroom | $1,177 |
| 3 Bedroom | $1,599 |
| 4 Bedroom | $1,807 |
Income Limits - Fayette County, KY
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $15,900
- Very Low (50%)
- $26,450
- Low (80%)
- $42,300
- Extremely Low (30%)
- $18,150
- Very Low (50%)
- $30,200
- Low (80%)
- $48,350
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $34,000
- Low (80%)
- $54,400
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $37,750
- Low (80%)
- $60,400
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $40,800
- Low (80%)
- $65,250
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $43,800
- Low (80%)
- $70,100
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $46,850
- Low (80%)
- $74,900
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $49,850
- Low (80%)
- $79,750
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $15,900 | $26,450 | $42,300 |
| 2 Persons | $18,150 | $30,200 | $48,350 |
| 3 Persons | $21,960 | $34,000 | $54,400 |
| 4 Persons | $26,500 | $37,750 | $60,400 |
| 5 Persons | $31,040 | $40,800 | $65,250 |
| 6 Persons | $35,580 | $43,800 | $70,100 |
| 7 Persons | $40,120 | $46,850 | $74,900 |
| 8 Persons | $44,660 | $49,850 | $79,750 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Lexington, KY?+
The Fair Market Rent (FMR) for Fayette County, KY is: $802 (Studio), $983 (1BR), $1177 (2BR), $1599 (3BR), $1807 (4BR). Actual rent at subsidized properties like Hillrise Place - Fka Shepherd'S Place is typically 30% of household income or less.
What size apartments are available at Hillrise Place - Fka Shepherd'S Place?+
Hillrise Place - Fka Shepherd'S Place offers the following unit types: 1 One-Bedroom, 39 Four-Bedroom units, for a total of 40 units.
What is the price range for apartments in Lexington, KY?+
Based on Fair Market Rent for Fayette County, the estimated price range is: 1-bedroom: $983. Actual rent at Hillrise Place - Fka Shepherd'S Place may be lower for income-eligible households.
Is there a waitlist for Hillrise Place - Fka Shepherd'S Place?+
Public Housing waitlist is currently Open. Section 8 (HCV) waitlist is currently Closed. Waitlist status can change frequently, so check back regularly or contact the housing authority directly for the most up-to-date information.
Who manages Hillrise Place - Fka Shepherd'S Place?+
Hillrise Place - Fka Shepherd'S Place is managed by . You can reach them at .
How do I apply for housing at Hillrise Place - Fka Shepherd'S Place?+
Hillrise Place - Fka Shepherd'S Place 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.
What are the income limits for affordable housing in Fayette County, KY?+
For a 4-person household in Fayette County, KY, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $37,750, Low Income (80% AMI): $60,400. These limits are set by HUD and updated annually.
Walk Score
Car-Dependent
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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