About This Property
Elk River Apartments offers 40 two-bedroom units designated for low-income families in Georgetown, Kentucky. The property has been in service since 2005 and is owned and operated by a non-profit organization. All 40 units are funded through the 9% Low-Income Housing Tax Credit program.
Waitlist Information
Waitlist managed by Housing Authority of Georgetown
Preference is given to applicants living or working in Scott County.
The waiting list closed due to a high volume of applicants.
Waitlist data provided by section8waitlist.org
Updated July 28, 2026
Property Details
Fair Market Rent - Scott 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 | $802 |
| 1 Bedroom | $983 |
| 2 Bedroom | $1,177 |
| 3 Bedroom | $1,599 |
| 4 Bedroom | $1,807 |
Income Limits - Scott County, KY
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $15,900
- Very Low (50%)
- $26,450
- Low (80%)
- $42,300
- Extremely Low (30%)
- $18,150
- Very Low (50%)
- $30,200
- Low (80%)
- $48,350
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $34,000
- Low (80%)
- $54,400
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $37,750
- Low (80%)
- $60,400
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $40,800
- Low (80%)
- $65,250
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $43,800
- Low (80%)
- $70,100
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $46,850
- Low (80%)
- $74,900
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $49,850
- Low (80%)
- $79,750
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $15,900 | $26,450 | $42,300 |
| 2 Persons | $18,150 | $30,200 | $48,350 |
| 3 Persons | $21,960 | $34,000 | $54,400 |
| 4 Persons | $26,500 | $37,750 | $60,400 |
| 5 Persons | $31,040 | $40,800 | $65,250 |
| 6 Persons | $35,580 | $43,800 | $70,100 |
| 7 Persons | $40,120 | $46,850 | $74,900 |
| 8 Persons | $44,660 | $49,850 | $79,750 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Georgetown, KY?+
The Fair Market Rent (FMR) for Scott County, KY is: $802 (Studio), $983 (1BR), $1177 (2BR), $1599 (3BR), $1807 (4BR). Actual rent at subsidized properties like Elk River Apartments is typically 30% of household income or less.
What size apartments are available at Elk River Apartments?+
Elk River Apartments offers the following unit types: 40 Two-Bedroom units, for a total of 40 units.
What are the income limits for affordable housing in Scott County, KY?+
For a 4-person household in Scott County, KY, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $37,750, Low Income (80% AMI): $60,400. These limits are set by HUD and updated annually.
How do I apply for housing at Elk River Apartments?+
Elk River 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.
Is there a waitlist for Elk River 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 is the price range for apartments in Georgetown, KY?+
Based on Fair Market Rent for Scott County, the estimated price range is: 2-bedroom: $1177. Actual rent at Elk River Apartments may be lower for income-eligible households.
Who is eligible to live at Elk River Apartments?+
Elk River Apartments primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
Who manages Elk River Apartments?+
Elk River Apartments is managed by . You can reach them at .
Walk Score
Car-Dependent
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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