About This Property
Falcon Ridge Apartments comprises 32 low-income units in Beattyville, Kentucky, with a mix of one-, two-, and three-bedroom floor plans. The property includes eight one-bedroom units, twenty two-bedroom units, and four three-bedroom units. Placed in service in 1994, the community operates under 4% Low-Income Housing Tax Credit financing.
Waitlist Information
Waitlist managed by Housing Authority of Beattyville
Eligibility is based on annual gross income, age or disability status, and US citizenship or eligible immigration. Preferences may include veterans, elderly, disabled, working families, or local residents; extremely low-income households often receive priority.
Waitlist data provided by section8waitlist.org
Updated April 17, 2026
Property Details
Fair Market Rent - Lee 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 | $616 |
| 1 Bedroom | $647 |
| 2 Bedroom | $850 |
| 3 Bedroom | $1,151 |
| 4 Bedroom | $1,156 |
Income Limits - Lee 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 Beattyville, KY?+
The Fair Market Rent (FMR) for Lee County, KY is: $616 (Studio), $647 (1BR), $850 (2BR), $1151 (3BR), $1156 (4BR). Actual rent at subsidized properties like Falcon Ridge Apartments is typically 30% of household income or less.
What size apartments are available at Falcon Ridge Apartments?+
Falcon Ridge Apartments offers the following unit types: 8 One-Bedroom, 20 Two-Bedroom, 4 Three-Bedroom units, for a total of 32 units.
How do I apply for housing at Falcon Ridge Apartments?+
Falcon 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.
Who manages Falcon Ridge Apartments?+
Falcon Ridge Apartments is managed by . You can reach them at .
What is the price range for apartments in Beattyville, KY?+
Based on Fair Market Rent for Lee County, the estimated price range is: 1-bedroom: $647, 2-bedroom: $850, 3-bedroom: $1151. Actual rent at Falcon Ridge Apartments may be lower for income-eligible households.
Is there a waitlist for Falcon 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 are the income limits for affordable housing in Lee County, KY?+
For a 4-person household in Lee 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
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