About This Property
Wells Hill Apartments comprises 32 low-income units in West Liberty, Kentucky, with a mix of 16 one-bedroom and 16 two-bedroom floor plans. The property was placed in service in 1994 and utilizes 4% Low-Income Housing Tax Credits. Shelby County residents seeking affordable housing options can contact the property management for occupancy information.
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 West Liberty, 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 Wells Hill Apartments is typically 30% of household income or less.
What size apartments are available at Wells Hill Apartments?+
Wells Hill Apartments offers the following unit types: 16 One-Bedroom, 16 Two-Bedroom units, for a total of 32 units.
How do I apply for housing at Wells Hill Apartments?+
Wells Hill 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.
Who manages Wells Hill Apartments?+
Wells Hill Apartments is managed by . You can reach them at .
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.
What is the price range for apartments in West Liberty, KY?+
Based on Fair Market Rent for Shelby County, the estimated price range is: 1-bedroom: $965, 2-bedroom: $1130. Actual rent at Wells Hill Apartments 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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