About This Property
Adair Family Apartments comprises 12 low-income units in Owenton, Kentucky, serving families with a mix of eight 2-bedroom units. The property has been in service since 1993 and is financed through 4% Low-Income Housing Tax Credits. Management and leasing information are available upon request.
Property Details
Fair Market Rent - Owen 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 | $649 |
| 1 Bedroom | $681 |
| 2 Bedroom | $895 |
| 3 Bedroom | $1,135 |
| 4 Bedroom | $1,217 |
Income Limits - Owen County, KY
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $12,880
- Very Low (50%)
- $19,400
- Low (80%)
- $31,050
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $22,200
- Low (80%)
- $35,450
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $24,950
- Low (80%)
- $39,900
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $27,700
- Low (80%)
- $44,300
- Extremely Low (30%)
- $29,950
- Very Low (50%)
- $29,950
- Low (80%)
- $47,850
- Extremely Low (30%)
- $32,150
- Very Low (50%)
- $32,150
- Low (80%)
- $51,400
- Extremely Low (30%)
- $34,350
- Very Low (50%)
- $34,350
- Low (80%)
- $54,950
- Extremely Low (30%)
- $36,600
- Very Low (50%)
- $36,600
- Low (80%)
- $58,500
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $12,880 | $19,400 | $31,050 |
| 2 Persons | $17,420 | $22,200 | $35,450 |
| 3 Persons | $21,960 | $24,950 | $39,900 |
| 4 Persons | $26,500 | $27,700 | $44,300 |
| 5 Persons | $29,950 | $29,950 | $47,850 |
| 6 Persons | $32,150 | $32,150 | $51,400 |
| 7 Persons | $34,350 | $34,350 | $54,950 |
| 8 Persons | $36,600 | $36,600 | $58,500 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Owenton, KY?+
The Fair Market Rent (FMR) for Owen County, KY is: $649 (Studio), $681 (1BR), $895 (2BR), $1135 (3BR), $1217 (4BR). Actual rent at subsidized properties like Adair Family Apartments is typically 30% of household income or less.
What size apartments are available at Adair Family Apartments?+
Adair Family Apartments offers the following unit types: 8 Two-Bedroom units, for a total of 12 units.
What are the income limits for affordable housing in Owen County, KY?+
For a 4-person household in Owen County, KY, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $27,700, Low Income (80% AMI): $44,300. These limits are set by HUD and updated annually.
Who manages Adair Family Apartments?+
Adair Family Apartments is managed by . You can reach them at .
Who is eligible to live at Adair Family Apartments?+
Adair Family Apartments primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
How do I apply for housing at Adair Family Apartments?+
Adair Family 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.
What is the price range for apartments in Owenton, KY?+
Based on Fair Market Rent for Owen County, the estimated price range is: 2-bedroom: $895. Actual rent at Adair Family Apartments may be lower for income-eligible households.
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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