StayRentalsStayRentals

Affordable apartments in Lancaster, Kentucky

2 income-restricted buildings tracked here, drawn from HUD's LIHTC, Section 8, Section 202, and Section 811 datasets. Map, eligibility tiers, and Fair Market Rent below.

2 lihtc

Buildings

VILLAGE SQUARE OF GARRARD COUNTY

LIHTC
DOTY LANE, LANCASTER, KY, 40444
Income-restricted units
56 of 56
Year placed in service
2015
Bedroom mix
16 1BR · 32 2BR · 8 3BR

Estimated total housing cost: $817 rent + $152 utilities = $969/mo

Contact property management for current availability. Waitlists may apply.

LANCASTER ESTATES

LIHTC
MARKSBURY AVENUE, LANCASTER, KY, 40444
Income-restricted units
51 of 51
Year placed in service
2017
Bedroom mix
14 1BR · 24 2BR · 13 3BR

Estimated total housing cost: $817 rent + $152 utilities = $969/mo

Contact property management for current availability. Waitlists may apply.

Map

Each pin is one income-restricted building. Color-coded by program. Click a pin for details.

Loading map…

Energy costs in Kentucky

Residential electricity in Kentucky runs about 13.52¢/kWh, with a typical monthly residential electric bill near $152. Natural gas runs about $21.93/Mcf. Add this to rent when you compare buildings; it can shift total monthly housing cost by 10–20%.

Source: U.S. Energy Information Administration, retail-sales (electricity) and natural gas residential pricing series, 12-month rolling average.

Check your affordability tier

Enter your annual household income, household size, and zip code. We’ll show which HUD AMI tier you qualify for and what Fair Market Rent looks like in your area.

Fair Market Rent for Lancaster, KY

Metro-level
BedroomsLocal FMRNational median
Studio$694n/a
1 bedroom$776n/a
2 bedroom$817$1,502
3 bedroom$1,062n/a
4 bedroom$1,226n/a

Fair Market Rent is HUD’s annual benchmark for the cost of rental housing in a given area. Source label: median_rent_proxy.

HUD income limits : Garrard County, KY

FY2025. Area median income: $76,200.

Household size30% AMI50% AMI80% AMI
1 person$16,000$26,700$42,700
2 people$21,150$30,500$48,800
3 people$26,650$34,300$54,900
4 people$32,150$38,100$60,950
5 people$37,650$41,150$65,850
6 people$43,150$44,200$70,750
7 people$47,250$47,250$75,600
8 people$50,300$50,300$80,500

HUD calculates income limits per household size relative to the area’s median family income. Properties may serve renters in any combination of these tiers; eligibility is determined per program.

Affordable rentals in nearby Kentucky cities

See all affordable-rental cities in Kentucky

About this listing. Buildings shown serve income-restricted households across HUD program tiers. We do not show vacancy or pricing for individual units. Always contact the property directly for current availability; many income-restricted buildings maintain waitlists measured in months or years.

See also: Lancaster cost-of-living and Fair Market Rent overview