About This Property
Somerset Terrace offers 24 one-bedroom units designated for low-income residents in Somerset, Kentucky. The property has been in service since 1993 and is currently managed by the on-site team. Interested applicants can contact the property directly for information regarding availability and lease terms.
Waitlist Information
Waitlist managed by Housing Authority of Somerset
The waiting list is open until further notice, accepting pre-applications for families and senior/disabled households. Qualified applicants are placed by the date and time the online pre-application is received, with no stated preferences. Eligibility requires residency in Pulaski County and meeting income guidelines.
The Section 8 Housing Choice Voucher waiting list for Somerset, KY is currently closed as of February 28, 2026.
Waitlist data provided by section8waitlist.org
Updated May 8, 2026
Property Details
Fair Market Rent - Pulaski 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 | $618 |
| 1 Bedroom | $699 |
| 2 Bedroom | $912 |
| 3 Bedroom | $1,107 |
| 4 Bedroom | $1,351 |
Income Limits - Pulaski 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 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Somerset, KY?+
The Fair Market Rent (FMR) for Pulaski County, KY is: $618 (Studio), $699 (1BR), $912 (2BR), $1107 (3BR), $1351 (4BR). Actual rent at subsidized properties like Somerset Terrace is typically 30% of household income or less.
What size apartments are available at Somerset Terrace?+
Somerset Terrace offers the following unit types: 24 One-Bedroom units, for a total of 24 units.
What is the price range for apartments in Somerset, KY?+
Based on Fair Market Rent for Pulaski County, the estimated price range is: 1-bedroom: $699. Actual rent at Somerset Terrace may be lower for income-eligible households.
Who manages Somerset Terrace?+
Somerset Terrace is managed by . You can reach them at . Visit their website for more information.
How do I apply for housing at Somerset Terrace?+
Somerset Terrace 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 Pulaski County, KY?+
For a 4-person household in Pulaski 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.
Is there a waitlist for Somerset Terrace?+
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.
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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