About This Property
Albany Center Apartments comprises 24 low-income residential units in Albany, Kentucky, with eight one-bedroom and sixteen two-bedroom floor plans. The property was placed in service in 1993 and receives 4% Low-Income Housing Tax Credit (LIHTC) funding. Professional management operates the community to serve qualified low-income households.
Waitlist Information
Waitlist managed by Housing Authority of Albany
The Housing Authority of Albany (HAA) is not accepting Public Housing waiting list pre-applications at this time. HAA serves up to 30 low- and moderate-income households, with senior households making up 52% and persons with disabilities heading 36% of households.
The Housing Authority of Albany provides affordable housing through its Section 8 Housing Choice Voucher programs, however, its waiting list is currently closed.
Waitlist data provided by section8waitlist.org
Updated July 7, 2026
Property Details
Fair Market Rent - Shelby 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 | $862 |
| 1 Bedroom | $965 |
| 2 Bedroom | $1,130 |
| 3 Bedroom | $1,458 |
| 4 Bedroom | $1,589 |
Income Limits - Shelby County, KY
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $16,600
- Very Low (50%)
- $27,650
- Low (80%)
- $44,200
- Extremely Low (30%)
- $18,950
- Very Low (50%)
- $31,600
- Low (80%)
- $50,500
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $35,550
- Low (80%)
- $56,800
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $39,450
- Low (80%)
- $63,100
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $42,650
- Low (80%)
- $68,150
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $45,800
- Low (80%)
- $73,200
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $48,950
- Low (80%)
- $78,250
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $52,100
- Low (80%)
- $83,300
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $16,600 | $27,650 | $44,200 |
| 2 Persons | $18,950 | $31,600 | $50,500 |
| 3 Persons | $21,960 | $35,550 | $56,800 |
| 4 Persons | $26,500 | $39,450 | $63,100 |
| 5 Persons | $31,040 | $42,650 | $68,150 |
| 6 Persons | $35,580 | $45,800 | $73,200 |
| 7 Persons | $40,120 | $48,950 | $78,250 |
| 8 Persons | $44,660 | $52,100 | $83,300 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Albany, KY?+
The Fair Market Rent (FMR) for Shelby County, KY is: $862 (Studio), $965 (1BR), $1130 (2BR), $1458 (3BR), $1589 (4BR). Actual rent at subsidized properties like Albany Center Apartments is typically 30% of household income or less.
What size apartments are available at Albany Center Apartments?+
Albany Center Apartments offers the following unit types: 8 One-Bedroom, 16 Two-Bedroom units, for a total of 24 units.
Who manages Albany Center Apartments?+
Albany Center Apartments is managed by . You can reach them at .
Is there a waitlist for Albany Center Apartments?+
Public Housing waitlist is currently Closed. 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 is the price range for apartments in Albany, KY?+
Based on Fair Market Rent for Shelby County, the estimated price range is: 1-bedroom: $965, 2-bedroom: $1130. Actual rent at Albany Center Apartments may be lower for income-eligible households.
How do I apply for housing at Albany Center Apartments?+
Albany Center 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 Shelby County, KY?+
For a 4-person household in Shelby County, KY, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $39,450, Low Income (80% AMI): $63,100. These limits are set by HUD and updated annually.
Walk Score
Car-Dependent
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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