About This Property
Royal Arms Apartments offers 48 low-income units in Elkton, Kentucky, serving families with a mix of one-, two-, and three-bedroom floor plans. The property has been in service since 2015 and provides 24 one-bedroom, 16 two-bedroom, and 8 three-bedroom units. Residents can contact the property management office for information regarding availability and lease terms.
Property Details
HUD Inspection Score
HUD inspects properties on a 0-100 scale. Scores above 60 are considered passing.
Fair Market Rent - Todd 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 | $616 |
| 1 Bedroom | $647 |
| 2 Bedroom | $850 |
| 3 Bedroom | $1,165 |
| 4 Bedroom | $1,331 |
Income Limits - Todd 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 Elkton, KY?+
The Fair Market Rent (FMR) for Todd County, KY is: $616 (Studio), $647 (1BR), $850 (2BR), $1165 (3BR), $1331 (4BR). Actual rent at subsidized properties like Royal Arms Apartments is typically 30% of household income or less.
What size apartments are available at Royal Arms Apartments?+
Royal Arms Apartments offers the following unit types: 24 One-Bedroom, 16 Two-Bedroom, 8 Three-Bedroom units, for a total of 48 units.
Who is eligible to live at Royal Arms Apartments?+
Royal Arms Apartments primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
What are the income limits for affordable housing in Todd County, KY?+
For a 4-person household in Todd 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.
How do I apply for housing at Royal Arms Apartments?+
Royal Arms 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 is the HUD inspection score for Royal Arms Apartments?+
Royal Arms Apartments has a HUD inspection score of 89 out of 100, which is considered good. HUD inspects subsidized housing properties to ensure they meet minimum health and safety standards. Scores of 60 or above are considered passing.
What is the price range for apartments in Elkton, KY?+
Based on Fair Market Rent for Todd County, the estimated price range is: 1-bedroom: $647, 2-bedroom: $850, 3-bedroom: $1165. Actual rent at Royal Arms Apartments may be lower for income-eligible households.
Who manages Royal Arms Apartments?+
Royal Arms 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.