About This Property
Cola Commons offers 31 low-income rental units in Shelbyville, Kentucky, consisting of 17 two-bedroom and 14 three-bedroom apartments designed to serve families. The property has been in service since 2004 and is financed through 4% Low-Income Housing Tax Credits. A non-profit organization owns and operates the community.
Waitlist Information
Waitlist managed by Housing Authority of Shelbyville
Applications are currently being accepted in office only. To apply for housing, please come to our office and fill out an application.
The Housing Authority of Shelbyville states they do not administer the Section 8 Housing Choice Voucher program. For more information, contact the Kentucky Housing Corporation.
Waitlist data provided by section8waitlist.org
Updated May 8, 2026
Property Details
Fair Market Rent - Shelby 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 | $862 |
| 1 Bedroom | $965 |
| 2 Bedroom | $1,130 |
| 3 Bedroom | $1,458 |
| 4 Bedroom | $1,589 |
Income Limits - Shelby County, KY
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $16,600
- Very Low (50%)
- $27,650
- Low (80%)
- $44,200
- Extremely Low (30%)
- $18,950
- Very Low (50%)
- $31,600
- Low (80%)
- $50,500
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $35,550
- Low (80%)
- $56,800
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $39,450
- Low (80%)
- $63,100
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $42,650
- Low (80%)
- $68,150
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $45,800
- Low (80%)
- $73,200
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $48,950
- Low (80%)
- $78,250
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $52,100
- Low (80%)
- $83,300
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $16,600 | $27,650 | $44,200 |
| 2 Persons | $18,950 | $31,600 | $50,500 |
| 3 Persons | $21,960 | $35,550 | $56,800 |
| 4 Persons | $26,500 | $39,450 | $63,100 |
| 5 Persons | $31,040 | $42,650 | $68,150 |
| 6 Persons | $35,580 | $45,800 | $73,200 |
| 7 Persons | $40,120 | $48,950 | $78,250 |
| 8 Persons | $44,660 | $52,100 | $83,300 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Shelbyville, KY?+
The Fair Market Rent (FMR) for Shelby County, KY is: $862 (Studio), $965 (1BR), $1130 (2BR), $1458 (3BR), $1589 (4BR). Actual rent at subsidized properties like Cola Commons is typically 30% of household income or less.
What size apartments are available at Cola Commons?+
Cola Commons offers the following unit types: 17 Two-Bedroom, 14 Three-Bedroom units, for a total of 31 units.
What are the income limits for affordable housing in Shelby County, KY?+
For a 4-person household in Shelby County, KY, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $39,450, Low Income (80% AMI): $63,100. These limits are set by HUD and updated annually.
What is the price range for apartments in Shelbyville, KY?+
Based on Fair Market Rent for Shelby County, the estimated price range is: 2-bedroom: $1130, 3-bedroom: $1458. Actual rent at Cola Commons may be lower for income-eligible households.
How do I apply for housing at Cola Commons?+
Cola Commons 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.
Who is eligible to live at Cola Commons?+
Cola Commons primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
Who manages Cola Commons?+
Cola Commons is managed by . You can reach them at .
Is there a waitlist for Cola Commons?+
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.
Walk Score
Car-Dependent
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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