About This Property
Saddlebrook Apartments, Phase III comprises 48 low-income residential units in Henderson, Kentucky, serving families with a mix of one-, two-, three-, and four-bedroom floor plans. The property has been in service since 2005 and operates as a non-profit owned community. The development utilizes 9% Low-Income Housing Tax Credits and includes 8 one-bedroom units, 24 two-bedroom units, 12 three-bedroom units, and 4 four-bedroom units.
Waitlist Information
Waitlist managed by Housing Authority of Henderson
Eligibility is determined by total annual gross income and family size, not exceeding 50% of area median income. Families are placed on a waiting list if eligible.
Waitlist data provided by section8waitlist.org
Updated April 17, 2026
Property Details
Fair Market Rent - Henderson 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 | $766 |
| 1 Bedroom | $850 |
| 2 Bedroom | $1,070 |
| 3 Bedroom | $1,360 |
| 4 Bedroom | $1,558 |
Income Limits - Henderson County, KY
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $16,000
- Very Low (50%)
- $26,650
- Low (80%)
- $42,650
- Extremely Low (30%)
- $18,300
- Very Low (50%)
- $30,450
- Low (80%)
- $48,750
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $34,250
- Low (80%)
- $54,850
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $38,050
- Low (80%)
- $60,900
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $41,100
- Low (80%)
- $65,800
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $44,150
- Low (80%)
- $70,650
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $47,200
- Low (80%)
- $75,550
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $50,250
- Low (80%)
- $80,400
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $16,000 | $26,650 | $42,650 |
| 2 Persons | $18,300 | $30,450 | $48,750 |
| 3 Persons | $21,960 | $34,250 | $54,850 |
| 4 Persons | $26,500 | $38,050 | $60,900 |
| 5 Persons | $31,040 | $41,100 | $65,800 |
| 6 Persons | $35,580 | $44,150 | $70,650 |
| 7 Persons | $40,120 | $47,200 | $75,550 |
| 8 Persons | $44,660 | $50,250 | $80,400 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Henderson, KY?+
The Fair Market Rent (FMR) for Henderson County, KY is: $766 (Studio), $850 (1BR), $1070 (2BR), $1360 (3BR), $1558 (4BR). Actual rent at subsidized properties like Saddlebrook Apartments, Phase Iii is typically 30% of household income or less.
What size apartments are available at Saddlebrook Apartments, Phase Iii?+
Saddlebrook Apartments, Phase Iii offers the following unit types: 8 One-Bedroom, 24 Two-Bedroom, 12 Three-Bedroom, 4 Four-Bedroom units, for a total of 48 units.
How do I apply for housing at Saddlebrook Apartments, Phase Iii?+
Saddlebrook Apartments, Phase Iii 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 is the price range for apartments in Henderson, KY?+
Based on Fair Market Rent for Henderson County, the estimated price range is: 1-bedroom: $850, 2-bedroom: $1070, 3-bedroom: $1360. Actual rent at Saddlebrook Apartments, Phase Iii may be lower for income-eligible households.
Who is eligible to live at Saddlebrook Apartments, Phase Iii?+
Saddlebrook Apartments, Phase Iii primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
Who manages Saddlebrook Apartments, Phase Iii?+
Saddlebrook Apartments, Phase Iii is managed by . You can reach them at .
Is there a waitlist for Saddlebrook Apartments, Phase Iii?+
Public Housing waitlist is currently Open. Section 8 (HCV) waitlist is currently Open. Waitlist status can change frequently, so check back regularly or contact the housing authority directly for the most up-to-date information.
What are the income limits for affordable housing in Henderson County, KY?+
For a 4-person household in Henderson County, KY, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $38,050, Low Income (80% AMI): $60,900. These limits are set by HUD and updated annually.
Walk Score
Somewhat Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
More Affordable Housing Near Saddlebrook Apartments, Phase Iii
Aislynn Village
Henderson, KY
40 UnitsWomen'S Addiction Recovery Manor
Henderson, KY
38 UnitsWomen'S Addiction Recovery Manor
Henderson, KY
38 UnitsHenderson Station I
Henderson, KY
30 UnitsSt. Joseph Community Apartments
Henderson, KY
34 UnitsAislynn Village
Henderson, KY
40 Units