500 Somerset Village , Somerset, KY 42501
Waiting List Forecast: Likely Long or Closed
Verified for 2019 by Colleen Carter| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| Call for Rents† | 1 - 3 Beds | 1 Bath | 960 - 1,100 Sq Ft |
Since this property may have a Section 8 Property Based Rental Assistance contract with rental assistance available to its residents, it is likely the property has a waiting list. Sometimes these waiting lists can be months or years long and may or may not be accepting new applicants. 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.
Welcome to Somerset Village Apartments Kentucky an apartment community for families, elderly, handicapped or disabled. Enjoy the comfort of quiet, community living here at Somerset Village Apartments!
Our spacious 1, 2 and 3 bedroom apartment homes are thoughtfully designed with your comfort and convenience in mind. In addition to our great floor plans and maintenance-free living, our community has the amenities you want and deserve. For your pleasure, our community features, 24-hr emergency maintenance, an on-site laundry facility, a beautiful and spacious community room, picnic tables and grilling area, two playground areas, a basketball court, designated parking, and peaceful green space scenery.
Enjoy the benefits of community living with the added perks of living minutes away from the hospital, post office, community college, many retail shops, and restaurants. Somerset Village Apartments Kentucky is ideally situated to give you easy access to the best of what the area has to offer.
Contact us today to make an appointment to see for yourself why Somerset Village Apartments Kentucky should be your new home. We look forward to hearing from you!
Since Somerset Village Apartments participates in the Section 8 Project-Based Rental Assistance program, your rent would be subsidized. You would not pay more than 30% of your income for rent. To qualify, you must earn 50% or less of the Area Median Income (AMI), which you can find on this page’s income chart. Also, project-based Section 8 properties tend to have longer waiting lists, with some with waiting lists going out for years. Since this property participates in the Section 8 Project Based Rental Assistance program and has a property based subsidy, if you have a Section 8 voucher, you would have to give up your voucher to move in.
~ Dave Layfield, Founder of Affordable Housing Online
| Unit (Bd/Ba) | Ft2 | Rent |
|---|---|---|
| 1 Bedroom (1/1) | 960ft2 | Rent is Based On Your Income† |
| 2 Bedroom (2/1) | 1012ft2 | Rent is Based On Your Income† |
| 3 Bedroom (3/1) | 1100ft2 | Rent is Based On Your Income† |
| AMI* | 1 person | 2 people | 3 people | 4 people | 5 people | 6 people |
|---|---|---|---|---|---|---|
| 30% AMI for PBRA Units | $14,580 / year | $19,720 / year | $24,860 / year | $30,000 / year | $34,700 / year | $37,250 / year |
| 50% AMI for LIHTC Units | $22,500 / year | $25,700 / year | $28,900 / year | $32,100 / year | $34,700 / year | $37,250 / year |
| 50% AMI for PBRA Units | $22,500 / year | $25,700 / year | $28,900 / year | $32,100 / year | $34,700 / year | $37,250 / year |
| 80% AMI for PBRA Units | $35,950 / year | $41,100 / year | $46,250 / year | $51,350 / year | $55,500 / year | $59,600 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Somerset Village Apartments have a waiting list?
Somerset Village Apartments probably has a waiting list. Since our research has shown there is a project-based rental assistance associated with this property, the waiting list would be for the rent-assisted units. We haven't confirmed if this is the case, so you should contact the property to confirm.
Are rents subsidized at Somerset Village Apartments?
We believe rents are most likely subsidized at all or some of the units since our research has turned up at least one public housing or rental assistance contract probably associated with this property.
What property management company manges Somerset Village Apartments?
Somerset Village Apartments is managed by Millennia Housing Management headquartered in Cleveland, Ohio.
In addition to Somerset Village Apartments, how many other affordable housing properties (and units) are there in Somerset?
In addition to Somerset Village Apartments, we list 24 other affordable properties in Somerset. Learn about these properties here. Our data research shows that there are a total of 873 affordable units in Somerset.
299 James Street, Somerset, Kentucky 42501
11 Independence Dr, Somerset, Kentucky 42501
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Submitting false information can disqualify the household from assistance, and may land the applicant in legal trouble.Luann McCarthy says:
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