About This Property
Forest Trace Apartments comprises 39 low-income units in Belfry, Kentucky, with a mix of 14 one-bedroom and 25 two-bedroom floor plans. The property has been in service since 1991 and operates in Pike County. Contact information and management details are available upon request.
Property Details
Fair Market Rent - Pike 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 | $660 |
| 1 Bedroom | $784 |
| 2 Bedroom | $911 |
| 3 Bedroom | $1,102 |
| 4 Bedroom | $1,324 |
Income Limits - Pike 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 Belfry, KY?+
The Fair Market Rent (FMR) for Pike County, KY is: $660 (Studio), $784 (1BR), $911 (2BR), $1102 (3BR), $1324 (4BR). Actual rent at subsidized properties like Forest Trace Apartments is typically 30% of household income or less.
What size apartments are available at Forest Trace Apartments?+
Forest Trace Apartments offers the following unit types: 14 One-Bedroom, 25 Two-Bedroom units, for a total of 39 units.
What is the price range for apartments in Belfry, KY?+
Based on Fair Market Rent for Pike County, the estimated price range is: 1-bedroom: $784, 2-bedroom: $911. Actual rent at Forest Trace Apartments may be lower for income-eligible households.
How do I apply for housing at Forest Trace Apartments?+
Forest Trace Apartments 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 Pike County, KY?+
For a 4-person household in Pike 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.
Who manages Forest Trace Apartments?+
Forest Trace Apartments is managed by . You can reach them at . Visit their website for more information.
Contact Information
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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