About This Property
Lincoln Terrace Apartments comprises 48 low-income residential units in Stanford, Kentucky, with 16 one-bedroom and 32 two-bedroom floor plans. The property has been in service since 2008 and utilizes 4% Low-Income Housing Tax Credits to support affordable housing availability. The community serves Lincoln County residents seeking economical housing options.
Waitlist Information
Waitlist managed by Stanford Housing Authority
The Housing Authority of Stanford's Public Housing offers 50 units for families and senior/disabled, has no preferences, and places applicants by date and time of pre-application receipt.
The Stanford Housing Authority administers Section 8 Housing Choice Voucher programs.
Waitlist data provided by section8waitlist.org
Updated May 8, 2026
Property Details
Fair Market Rent - Lincoln 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 | $686 |
| 2 Bedroom | $850 |
| 3 Bedroom | $1,028 |
| 4 Bedroom | $1,132 |
Income Limits - Lincoln 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 |
Advertisement
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Stanford, KY?+
The Fair Market Rent (FMR) for Lincoln County, KY is: $616 (Studio), $686 (1BR), $850 (2BR), $1028 (3BR), $1132 (4BR). Actual rent at subsidized properties like Lincoln Terrace Apartments is typically 30% of household income or less.
What size apartments are available at Lincoln Terrace Apartments?+
Lincoln Terrace Apartments offers the following unit types: 16 One-Bedroom, 32 Two-Bedroom units, for a total of 48 units.
Is there a waitlist for Lincoln Terrace Apartments?+
Public Housing waitlist is currently Open. 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 Lincoln County, KY?+
For a 4-person household in Lincoln 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.
Who manages Lincoln Terrace Apartments?+
Lincoln Terrace Apartments is managed by . You can reach them at .
What is the price range for apartments in Stanford, KY?+
Based on Fair Market Rent for Lincoln County, the estimated price range is: 1-bedroom: $686, 2-bedroom: $850. Actual rent at Lincoln Terrace Apartments may be lower for income-eligible households.
How do I apply for housing at Lincoln Terrace Apartments?+
Lincoln Terrace 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.
Walk Score
Almost All Errands Require a Car
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
More Affordable Housing Near Lincoln Terrace Apartments
Danville Community Development Agency
Danville, KY
297 UnitsShea Villa Apartments
Stanford, KY
24 UnitsKarp - Lincoln County
Stanford, KY
4 UnitsOakview Apartments
Stanford, KY
24 UnitsOakview Apartments
Stanford, KY
24 UnitsLincoln Terrace Apartments
Stanford, KY
48 Units