Gleneagles Apartments

2920 Polo Club Blvd., Lexington, KY 40509

Waiting List Forecast: Likely Short or None

check_circleVerified for 2023 by Colleen Carter, Ric Gresia
Rent Beds Baths SqFt
Call for Rents 1 - 3 Beds 1 - 2 Baths 648 - 1,145 Sq Ft

Waitlist Forecast

Since this property is a LIHTC property that might not have a project based rental assistance contract, it is likely that it either has no waiting list or the waiting list is shorter than properties with rental assistance. You should contact the property to verify.

Note: Affordable Housing Online has not confirmed the waiting list status directly with the property. This waiting list status forecast is based on our housing experts' knowledge of similar properties. You should always confirm this status directly with the property.

Where convenience and luxury meet. Gleneagles has all the amenities you'd expect from a brand new development, including a pool, a partyroom/clubhouse, and a state of the art theater room. Everything you need to live, work and play at an affordable cost.
Dave's Thoughts On Gleneagles Apartments

This LIHTC property is among the most common types of affordable rental housing in the United States. The LIHTC program only provides subsidies to the building’s owner at construction. No subsidies are provided directly to the residents, but the owner must set rents affordable to low-income renters in the area. Our data suggests Gleneagles Apartments does not participate in any project-based rent subsidy program. This means you must earn enough to pay the full rent or have your own Section 8 Housing Choice Voucher. For that reason, LIHTC properties tend to have shorter waiting lists or even none at all. LIHTC properties nationwide are required to accept housing vouchers. LIHTC properties were first built in the late 1980's. Because they tend to be newer, these properties are more likely to have larger units, more amenities, and greater tenant service offerings than other affordable housing programs. This property might be right for you if you have a housing voucher or enough income to pay rent, are looking for a high quality property, or need immediate availability. Since this property participates in the LIHTC program, the property is required to accept Section 8 Housing Choice Vouchers. Since the property also utilizes a FHA insured private mortgage, the property is subject to Federal physical condition requirements and REAC inspections. As a LIHTC property that chose the 20/50 election, this property has agreed to set aside at least 20% of its units for families and individuals earning 50% of Area Median Income (AMI). Many of these properties have actually set aside more units than required by law, and in many cases all of the units at these properties are affordable to renters with very low incomes.

Dave, Founder AHO

~ Dave Layfield, Founder of Affordable Housing Online

Gleneagles Apartments Amenities

  • Fitness Center
  • Pool
  • Close to Business District
  • Close to Public Transportation
  • Garage
  • Central Air
  • Dishwasher
  • Gourmet Kitchen
  • Microwave
  • Washer and Dryer Hookup
  • Vaulted Ceiling
  • Window Coverings
  • Carpet
  • Balconies or Patios Available
  • Lawn Care

Units at Gleneagles Apartments

Unit (Bd/Ba) Ft2 Rent
One Bedroom (1/1) 648ft2 Call for Price
Two Bedroom (2/2) 902ft2 Call for Price
Three Bedroom (3/2) 1145ft2 Call for Price

Income Qualification for Gleneagles Apartments

*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
AMI* 1 person 2 people 3 people 4 people 5 people 6 people
50% AMI for LIHTC Units $31,300 / year $35,750 / year $40,200 / year $44,650 / year $48,250 / year $51,800 / year
50% AMI for PBRA Units $31,300 / year $35,750 / year $40,200 / year $44,650 / year $48,250 / year $51,800 / year
60% AMI for LIHTC Units $37,560 / year $42,900 / year $48,240 / year $53,580 / year $57,900 / year $62,160 / year

*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.

FAQs for Gleneagles Apartments

Does Gleneagles Apartments have a waiting list?

Gleneagles Apartments probably doesn't have a waiting list, and, if it does, the wait times are most likely short. We haven't confirmed if this is the case, so you should contact the property to confirm.

Are rents subsidized at Gleneagles Apartments?

We believe rents are most likely NOT subsidized at any of the units at this property since our research has not discovered any public housing or rental assistance contracts associated with this property. This means you will most likely have to pay the full rent no matter your income. Note: In some rare instances, some properties may have a small number of units subsidized through state or private programs.

What property management company manges Gleneagles Apartments?

Gleneagles Apartments is managed by Winterwood Property Management headquartered in Lexington, Kentucky.

In addition to Gleneagles Apartments, how many other affordable housing properties (and units) are there in Lexington?

In addition to Gleneagles Apartments, we list 83 other affordable properties in Lexington. Learn about these properties here. Our data research shows that there are a total of 5333 affordable units in Lexington.

When was the Gleneagles Apartments listing last updated?

Gleneagles Apartments listing on Affordable Housing Online was last updated on 01/03/2023 by Colleen Carter. Remember, a property's status can change so you should contact the property to confirm.

Listings Near Gleneagles Apartments

Hamburg Senior Residence

1601 Villa Medici Pass, Lexington, Kentucky 40509

First Presbyterian Church Apartments

179 Market St, Lexington, Kentucky 40507

Parkside III Apartments

1060 Cross Keys Rd, Lexington, Kentucky 40504

Trent Senior Village

1393 Trent Boulevard , Lexington, Kentucky 40517

Salem Village

1109 Winburn Dr, Lexington, Kentucky 40511

Russell School Apartments

201 W Fifth St, Lexington, Kentucky 40508

Rent observations may change. We encourage users to verify rents and eligiblity requirements directly with the property.