About This Property
Sarah Apartments contains 40 units designated for low-income households in Frankfort, Kentucky. The property offers a mix of one-bedroom and two-bedroom floor plans, with 4 one-bedroom units and 36 two-bedroom units. Placed in service in 2002, the community utilizes 4% Low-Income Housing Tax Credits.
Waitlist Information
Waitlist managed by Kentucky Housing Corporation-State Agency
The average wait time for the program, when open, could be three to five years.
Waitlist data provided by section8waitlist.org
Updated May 8, 2026
Property Details
HUD Inspection Score
HUD inspects properties on a 0-100 scale. Scores above 60 are considered passing.
Fair Market Rent - Franklin 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 | $731 |
| 1 Bedroom | $831 |
| 2 Bedroom | $1,042 |
| 3 Bedroom | $1,373 |
| 4 Bedroom | $1,687 |
Income Limits - Franklin County, KY
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $15,150
- Very Low (50%)
- $25,200
- Low (80%)
- $40,350
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $28,800
- Low (80%)
- $46,100
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $32,400
- Low (80%)
- $51,850
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $36,000
- Low (80%)
- $57,600
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $38,900
- Low (80%)
- $62,250
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $41,800
- Low (80%)
- $66,850
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $44,650
- Low (80%)
- $71,450
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $47,550
- Low (80%)
- $76,050
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $15,150 | $25,200 | $40,350 |
| 2 Persons | $17,420 | $28,800 | $46,100 |
| 3 Persons | $21,960 | $32,400 | $51,850 |
| 4 Persons | $26,500 | $36,000 | $57,600 |
| 5 Persons | $31,040 | $38,900 | $62,250 |
| 6 Persons | $35,580 | $41,800 | $66,850 |
| 7 Persons | $40,120 | $44,650 | $71,450 |
| 8 Persons | $44,660 | $47,550 | $76,050 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Frankfort, KY?+
The Fair Market Rent (FMR) for Franklin County, KY is: $731 (Studio), $831 (1BR), $1042 (2BR), $1373 (3BR), $1687 (4BR). Actual rent at subsidized properties like Sarah Apartments is typically 30% of household income or less.
What size apartments are available at Sarah Apartments?+
Sarah Apartments offers the following unit types: 4 One-Bedroom, 36 Two-Bedroom units, for a total of 40 units.
Who manages Sarah Apartments?+
Sarah Apartments is managed by . You can reach them at .
How do I apply for housing at Sarah Apartments?+
Sarah 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 Frankfort, KY?+
Based on Fair Market Rent for Franklin County, the estimated price range is: 1-bedroom: $831, 2-bedroom: $1042. Actual rent at Sarah Apartments may be lower for income-eligible households.
Is there a waitlist for Sarah Apartments?+
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.
What are the income limits for affordable housing in Franklin County, KY?+
For a 4-person household in Franklin County, KY, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $36,000, Low Income (80% AMI): $57,600. These limits are set by HUD and updated annually.
What is the HUD inspection score for Sarah Apartments?+
Sarah Apartments has a HUD inspection score of 88 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.
Walk Score
Somewhat Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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