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Affordable apartments in Monticello, Kentucky

6 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.

1 section 81 section 2024 lihtc

Buildings

BEECH VALLEY MANOR

Section 8
301 BEECH VALLEY MANOR, Monticello, KY, 42633
Income-restricted units
32 of 32
Year placed in service
Not reported

Estimated total housing cost: $739 rent + $152 utilities = $891/mo

Contact property management for current availability. Waitlists may apply.

BEECH VALLEY MANOR

Section 202
301 BEECH VALLEY MANOR, Monticello, KY, 42633
Income-restricted units
32 of 32
Year placed in service
Not reported

Estimated total housing cost: $739 rent + $152 utilities = $891/mo

Contact property management for current availability. Waitlists may apply.

MONTICELLO SENIOR APARTMENTS

LIHTC
CUMBERLAND COURT DR., MONTICELLO, KY, 42633
Income-restricted units
24 of 24
Year placed in service
1995
Bedroom mix
24 1BR

Estimated total housing cost: $739 rent + $152 utilities = $891/mo

Contact property management for current availability. Waitlists may apply.

MONTICELLO VILLAGE APTS II

LIHTC
120 SURREY HILL ROAD, MONTICELLO, KY, 42633
Income-restricted units
23 of 23
Year placed in service
2012
Bedroom mix
8 1BR · 15 2BR

Estimated total housing cost: $739 rent + $152 utilities = $891/mo

Contact property management for current availability. Waitlists may apply.

MONTICELLO VILLAGE

LIHTC
SURREY HILL ROAD, MONTICELLO, KY, 42633
Income-restricted units
23 of 23
Year placed in service
2012
Bedroom mix
8 1BR · 15 2BR

Estimated total housing cost: $739 rent + $152 utilities = $891/mo

Contact property management for current availability. Waitlists may apply.

MASON GREENE

LIHTC
STOKES DRIVE, MONTICELLO, KY, 42633
Income-restricted units
0 of 68
Year placed in service
2011
Bedroom mix
28 1BR · 20 2BR · 16 3BR · 4 4+BR

Estimated total housing cost: $739 rent + $152 utilities = $891/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.

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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 Monticello, KY

Metro-level
BedroomsLocal FMRNational median
Studio$628n/a
1 bedroom$702n/a
2 bedroom$739$1,502
3 bedroom$961n/a
4 bedroom$1,109n/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 : Wayne County, KY

FY2025. Area median income: $62,400.

Household size30% AMI50% AMI80% AMI
1 person$15,650$24,850$39,700
2 people$21,150$28,400$45,400
3 people$26,650$31,950$51,050
4 people$32,150$35,450$56,700
5 people$37,650$38,300$61,250
6 people$41,150$41,150$65,800
7 people$44,000$44,000$70,350
8 people$46,800$46,800$74,850

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: Monticello cost-of-living and Fair Market Rent overview