About This Property
Ashwood Apartments and Townhomes is a 56-unit affordable housing community in Erlanger, Kentucky that has served families since 2005. The property offers a mix of one-, two-, and three-bedroom units, with 20 one-bedroom, 32 two-bedroom, and 4 three-bedroom floor plans. All units are designated as low-income housing and financed through 4% Low-Income Housing Tax Credit funding.
Property Details
Fair Market Rent - Kenton 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 | $810 |
| 1 Bedroom | $919 |
| 2 Bedroom | $1,195 |
| 3 Bedroom | $1,588 |
| 4 Bedroom | $1,766 |
Income Limits - Kenton County, KY
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $17,950
- Very Low (50%)
- $29,900
- Low (80%)
- $47,850
- Extremely Low (30%)
- $20,500
- Very Low (50%)
- $34,200
- Low (80%)
- $54,650
- Extremely Low (30%)
- $23,050
- Very Low (50%)
- $38,450
- Low (80%)
- $61,500
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $42,700
- Low (80%)
- $68,300
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $46,150
- Low (80%)
- $73,800
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $49,550
- Low (80%)
- $79,250
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $52,950
- Low (80%)
- $84,700
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $56,400
- Low (80%)
- $90,200
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $17,950 | $29,900 | $47,850 |
| 2 Persons | $20,500 | $34,200 | $54,650 |
| 3 Persons | $23,050 | $38,450 | $61,500 |
| 4 Persons | $26,500 | $42,700 | $68,300 |
| 5 Persons | $31,040 | $46,150 | $73,800 |
| 6 Persons | $35,580 | $49,550 | $79,250 |
| 7 Persons | $40,120 | $52,950 | $84,700 |
| 8 Persons | $44,660 | $56,400 | $90,200 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Erlanger, KY?+
The Fair Market Rent (FMR) for Kenton County, KY is: $810 (Studio), $919 (1BR), $1195 (2BR), $1588 (3BR), $1766 (4BR). Actual rent at subsidized properties like Ashwood Apartments and Townhomes is typically 30% of household income or less.
What size apartments are available at Ashwood Apartments and Townhomes?+
Ashwood Apartments and Townhomes offers the following unit types: 20 One-Bedroom, 32 Two-Bedroom, 4 Three-Bedroom units, for a total of 56 units.
Who is eligible to live at Ashwood Apartments and Townhomes?+
Ashwood Apartments and Townhomes 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 Kenton County, KY?+
For a 4-person household in Kenton County, KY, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $42,700, Low Income (80% AMI): $68,300. These limits are set by HUD and updated annually.
Who manages Ashwood Apartments and Townhomes?+
Ashwood Apartments and Townhomes is managed by . You can reach them at .
How do I apply for housing at Ashwood Apartments and Townhomes?+
Ashwood Apartments and Townhomes 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 Erlanger, KY?+
Based on Fair Market Rent for Kenton County, the estimated price range is: 1-bedroom: $919, 2-bedroom: $1195, 3-bedroom: $1588. Actual rent at Ashwood Apartments and Townhomes may be lower for income-eligible households.
Walk Score
Car-Dependent
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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