About This Property
Wells Hill Apartments comprises 32 low-income units in West Liberty, Kentucky, with a mix of 16 one-bedroom and 16 two-bedroom floor plans. The property was placed in service in 1994 and utilizes 4% Low-Income Housing Tax Credits. Shelby County residents seeking affordable housing options can contact the property management for occupancy information.
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 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in West Liberty, 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 Wells Hill Apartments is typically 30% of household income or less.
What size apartments are available at Wells Hill Apartments?+
Wells Hill Apartments offers the following unit types: 16 One-Bedroom, 16 Two-Bedroom units, for a total of 32 units.
Who manages Wells Hill Apartments?+
Wells Hill Apartments is managed by . You can reach them at .
How do I apply for housing at Wells Hill Apartments?+
Wells Hill 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 West Liberty, KY?+
Based on Fair Market Rent for Shelby County, the estimated price range is: 1-bedroom: $965, 2-bedroom: $1130. Actual rent at Wells Hill Apartments may be lower for income-eligible households.
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.
Walk Score
Car-Dependent
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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