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Royal Arms Apartments is a subsidized family property in a small town in south-central Kentucky. The rent and the deposit are based on income. We have 1, 2, and 3 bedroom units, each with lots of closet space. The 3 bedroom master bedroom has a walk-in closet and a half bath. We are 1 mile from shopping with a physician's clinic across the street. Transportation is available for disabled and senior residents. Contact us today to begin the process of moving into your new home.
Unit (Bd/Ba) | Ft2 | Rent |
---|---|---|
One Bedroom (1/1) | - | Call for Price |
Two Bedroom (2/1) | - | Call for Price |
Three Bedroom (3/1.5) | - | Call for Price |
Since this property has a Project-Based Section 8 contract with HUD, some or all of the rents at this community are based on tenant incomes. Section 8 Project-Based Rental Assistance tenants will make a monthly contribution toward rent equal to 30% of their adjusted income. There is a minimum tenant contribution of $25 for all rents at this property regardless of tenant income.
Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in a HUD rental assistance program in Elkton but actual income limits may differ for units at Royal Arms Apartments.
AMI Band | 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person | 7 Person | 8 Person |
---|---|---|---|---|---|---|---|---|
30% | $12,760 | $17,240 | $21,720 | $26,200 | $28,850 | $31,000 | $33,150 | $35,250 |
50% | $18,700 | $21,400 | $24,050 | $26,700 | $28,850 | $31,000 | $33,150 | $35,250 |
80% | $29,900 | $34,200 | $38,450 | $42,700 | $46,150 | $49,550 | $52,950 | $56,400 |
Royal Arms Apartments is managed by Alco Management Inc..