About This Property
Fairground Place Apartments offers 19 low-income units in Bedford, Kentucky, with an 18 one-bedroom and one two-bedroom floor plan. The property has been in service since 1995 and participates in the 4% Low-Income Housing Tax Credit program. The apartments provide rental housing options for income-qualified households in Trimble County.
Property Details
Fair Market Rent - Trimble 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 | $625 |
| 1 Bedroom | $656 |
| 2 Bedroom | $862 |
| 3 Bedroom | $1,144 |
| 4 Bedroom | $1,148 |
Income Limits - Trimble County, KY
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $16,150
- Very Low (50%)
- $26,950
- Low (80%)
- $43,050
- Extremely Low (30%)
- $18,450
- Very Low (50%)
- $30,800
- Low (80%)
- $49,200
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $34,650
- Low (80%)
- $55,350
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $38,450
- Low (80%)
- $61,500
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $41,550
- Low (80%)
- $66,450
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $44,650
- Low (80%)
- $71,350
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $47,700
- Low (80%)
- $76,300
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $50,800
- Low (80%)
- $81,200
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $16,150 | $26,950 | $43,050 |
| 2 Persons | $18,450 | $30,800 | $49,200 |
| 3 Persons | $21,960 | $34,650 | $55,350 |
| 4 Persons | $26,500 | $38,450 | $61,500 |
| 5 Persons | $31,040 | $41,550 | $66,450 |
| 6 Persons | $35,580 | $44,650 | $71,350 |
| 7 Persons | $40,120 | $47,700 | $76,300 |
| 8 Persons | $44,660 | $50,800 | $81,200 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Bedford, KY?+
The Fair Market Rent (FMR) for Trimble County, KY is: $625 (Studio), $656 (1BR), $862 (2BR), $1144 (3BR), $1148 (4BR). Actual rent at subsidized properties like Fairground Place Apartments is typically 30% of household income or less.
What size apartments are available at Fairground Place Apartments?+
Fairground Place Apartments offers the following unit types: 18 One-Bedroom, 1 Two-Bedroom units, for a total of 19 units.
How do I apply for housing at Fairground Place Apartments?+
Fairground Place 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 are the income limits for affordable housing in Trimble County, KY?+
For a 4-person household in Trimble County, KY, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $38,450, Low Income (80% AMI): $61,500. These limits are set by HUD and updated annually.
Who manages Fairground Place Apartments?+
Fairground Place Apartments is managed by . You can reach them at .
What is the price range for apartments in Bedford, KY?+
Based on Fair Market Rent for Trimble County, the estimated price range is: 1-bedroom: $656, 2-bedroom: $862. Actual rent at Fairground Place Apartments may be lower for income-eligible households.
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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