About This Property
Academy Place Apts is a 16-unit residential community in Russellville, KY offering low-income housing options. The property includes two 1-bedroom units, twelve 2-bedroom units, and two 3-bedroom units, with the buildings placed in service in 1998. This development participates in the 4% Low-Income Housing Tax Credit program.
Waitlist Information
Waitlist managed by Housing Authority of Russellville
Eligibility depends on annual gross income, age or disability status, and US citizenship or eligible immigration status.
Waitlist data provided by section8waitlist.org
Updated April 17, 2026
Property Details
Fair Market Rent - Logan 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 | $660 |
| 2 Bedroom | $850 |
| 3 Bedroom | $1,184 |
| 4 Bedroom | $1,442 |
Income Limits - Logan County, KY
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $12,880
- Very Low (50%)
- $20,550
- Low (80%)
- $32,900
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $23,500
- Low (80%)
- $37,600
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $26,450
- Low (80%)
- $42,300
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $29,350
- Low (80%)
- $46,950
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $31,700
- Low (80%)
- $50,750
- Extremely Low (30%)
- $34,050
- Very Low (50%)
- $34,050
- Low (80%)
- $54,500
- Extremely Low (30%)
- $36,400
- Very Low (50%)
- $36,400
- Low (80%)
- $58,250
- Extremely Low (30%)
- $38,750
- Very Low (50%)
- $38,750
- Low (80%)
- $62,000
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $12,880 | $20,550 | $32,900 |
| 2 Persons | $17,420 | $23,500 | $37,600 |
| 3 Persons | $21,960 | $26,450 | $42,300 |
| 4 Persons | $26,500 | $29,350 | $46,950 |
| 5 Persons | $31,040 | $31,700 | $50,750 |
| 6 Persons | $34,050 | $34,050 | $54,500 |
| 7 Persons | $36,400 | $36,400 | $58,250 |
| 8 Persons | $38,750 | $38,750 | $62,000 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Russellville, KY?+
The Fair Market Rent (FMR) for Logan County, KY is: $616 (Studio), $660 (1BR), $850 (2BR), $1184 (3BR), $1442 (4BR). Actual rent at subsidized properties like Academy Place Apts is typically 30% of household income or less.
What size apartments are available at Academy Place Apts?+
Academy Place Apts offers the following unit types: 2 One-Bedroom, 12 Two-Bedroom, 2 Three-Bedroom units, for a total of 16 units.
How do I apply for housing at Academy Place Apts?+
Academy Place Apts is a Low-Income Housing Tax Credit (LIHTC) property. To apply, you can start by calling , or visiting their website, 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 Logan County, KY?+
For a 4-person household in Logan County, KY, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $29,350, Low Income (80% AMI): $46,950. These limits are set by HUD and updated annually.
Is there a waitlist for Academy Place Apts?+
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 Russellville, KY?+
Based on Fair Market Rent for Logan County, the estimated price range is: 1-bedroom: $660, 2-bedroom: $850, 3-bedroom: $1184. Actual rent at Academy Place Apts may be lower for income-eligible households.
Who manages Academy Place Apts?+
Academy Place Apts is managed by . You can reach them at . Visit their website for more information.
Contact Information
Location
Logan County, KY
0