About This Property
Locust Ridge Apartments offers 72 low-income units in Dry Ridge, Kentucky, with a mix of one-, two-, and three-bedroom floor plans to accommodate families. The property includes 24 one-bedroom, 32 two-bedroom, and 16 three-bedroom units and was placed in service in 2018. This Grant County community serves families seeking affordable housing options.
Waitlist Information
Waitlist managed by Housing Authority of Dry Ridge
Waiting list placement is based on application date, local preference, bedroom size, and accessibility needs. Preferences include local residency/employment, working/disabled families, and veterans.
The Housing Authority of Dry Ridge does not administer Section 8 or accept vouchers. To apply for Section 8 vouchers, you must apply separately through Kentucky Housing Corporation (KHC).
Waitlist data provided by section8waitlist.org
Updated April 18, 2026
Property Details
Fair Market Rent - Grant 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 | $661 |
| 1 Bedroom | $742 |
| 2 Bedroom | $975 |
| 3 Bedroom | $1,179 |
| 4 Bedroom | $1,552 |
Income Limits - Grant County, KY
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $12,880
- Very Low (50%)
- $19,600
- Low (80%)
- $31,400
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $22,400
- Low (80%)
- $35,850
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $25,200
- Low (80%)
- $40,350
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $28,000
- Low (80%)
- $44,800
- Extremely Low (30%)
- $30,250
- Very Low (50%)
- $30,250
- Low (80%)
- $48,400
- Extremely Low (30%)
- $32,500
- Very Low (50%)
- $32,500
- Low (80%)
- $52,000
- Extremely Low (30%)
- $34,750
- Very Low (50%)
- $34,750
- Low (80%)
- $55,600
- Extremely Low (30%)
- $37,000
- Very Low (50%)
- $37,000
- Low (80%)
- $59,150
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $12,880 | $19,600 | $31,400 |
| 2 Persons | $17,420 | $22,400 | $35,850 |
| 3 Persons | $21,960 | $25,200 | $40,350 |
| 4 Persons | $26,500 | $28,000 | $44,800 |
| 5 Persons | $30,250 | $30,250 | $48,400 |
| 6 Persons | $32,500 | $32,500 | $52,000 |
| 7 Persons | $34,750 | $34,750 | $55,600 |
| 8 Persons | $37,000 | $37,000 | $59,150 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Dry Ridge, KY?+
The Fair Market Rent (FMR) for Grant County, KY is: $661 (Studio), $742 (1BR), $975 (2BR), $1179 (3BR), $1552 (4BR). Actual rent at subsidized properties like Locust Ridge Apartments is typically 30% of household income or less.
What size apartments are available at Locust Ridge Apartments?+
Locust Ridge Apartments offers the following unit types: 24 One-Bedroom, 32 Two-Bedroom, 16 Three-Bedroom units, for a total of 72 units.
Who is eligible to live at Locust Ridge Apartments?+
Locust Ridge Apartments primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
What are the income limits for affordable housing in Grant County, KY?+
For a 4-person household in Grant County, KY, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $28,000, Low Income (80% AMI): $44,800. These limits are set by HUD and updated annually.
Is there a waitlist for Locust Ridge Apartments?+
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.
What is the price range for apartments in Dry Ridge, KY?+
Based on Fair Market Rent for Grant County, the estimated price range is: 1-bedroom: $742, 2-bedroom: $975, 3-bedroom: $1179. Actual rent at Locust Ridge Apartments may be lower for income-eligible households.
Who manages Locust Ridge Apartments?+
Locust Ridge Apartments is managed by . You can reach them at .
How do I apply for housing at Locust Ridge Apartments?+
Locust Ridge 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.
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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