About This Property
Versailles School Apartments contains 13 units designated for low-income families in Versailles, Kentucky. The property, which opened in 2016, offers a mix of one-, two-, and three-bedroom units with six 1BR, three 2BR, and four 3BR apartments. The development is financed through 9% Low-Income Housing Tax Credits.
Waitlist Information
Waitlist managed by Housing Authority of Versailles
Waiting list is open for all 1, 2, and 3-bedroom housing units. Applicants are placed on a waiting list, and wait times vary depending on vacancies, the number of applicants, and the bedroom size needed. All applicants must pass screening, including criminal history, credit and rental history, and references.
Waiting list is open for all 1, 2, and 3-bedroom housing units.
Waitlist data provided by section8waitlist.org
Updated June 3, 2026
Property Details
Fair Market Rent - Woodford 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 - Woodford 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 Versailles, KY?+
The Fair Market Rent (FMR) for Woodford County, KY is: $802 (Studio), $983 (1BR), $1177 (2BR), $1599 (3BR), $1807 (4BR). Actual rent at subsidized properties like Versailles School Apartments is typically 30% of household income or less.
What size apartments are available at Versailles School Apartments?+
Versailles School Apartments offers the following unit types: 6 One-Bedroom, 3 Two-Bedroom, 4 Three-Bedroom units, for a total of 13 units.
What are the income limits for affordable housing in Woodford County, KY?+
For a 4-person household in Woodford 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.
Who is eligible to live at Versailles School Apartments?+
Versailles School Apartments primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
Who manages Versailles School Apartments?+
Versailles School Apartments is managed by . You can reach them at .
How do I apply for housing at Versailles School Apartments?+
Versailles School 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 Versailles School Apartments?+
Public Housing waitlist is currently Open. Section 8 (HCV) waitlist is currently Open. 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 Versailles, KY?+
Based on Fair Market Rent for Woodford County, the estimated price range is: 1-bedroom: $983, 2-bedroom: $1177, 3-bedroom: $1599. Actual rent at Versailles School 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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