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Russell School Apartments

(4/5)

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201 West Fifth Street

Lexington , KY 40508

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☑ Section 8 accepted | Add to favorites | Making a rental inquiry

Total apartment units: 27

Assisted housing category: 202/811

Owner organization name: G P Russell Apartments, LLLP

Management agent organization name: Beacon Properties

Management agent main phone number: 502-634-9830

Management agent email address: sgraham@beaconproperty.com

Hud Administered ind: Y

Contract doc type: PRAC

Program type: PRAC/202

Rent to FMR ratio: 106.9321534

Rent to FMR description: Between 101% & 120% FMR

Total 1bedroom units: 21

1bedroom: $678.00 per month

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Inquiry & Reviews (1)

Terrance Coomer

2021-01-18T21:40:26Z

(4/5)

Big spacious rooms Very quiet good welllit parking area Plenty of parking

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2024 Fair Market Rents in LEXINGTON, KY 40508 with Section 8 Assistance

In 2024, Fair Market Rents (FMRs) in LEXINGTON, KY 40508 offer diverse housing options, including those relevant to Section 8 assistance:

Efficiency: $666 (low) to $814 (high) per month
One-Bedrooms: $810 (low) to $990 (high) per month
Two-Bedrooms: $972 (low) to $1,188 (high) per month
Three-Bedrooms: $1,323 (low) to $1,617 (high) per month
Four-Bedrooms: $1,494 (low) to $1,826 (high) per month

These FMRs offer choices for various budgets and Section 8 housing requirements in the LEXINGTON, KY 40508 providing valuable resources for both tenants and landlords.

The prices mentioned include utilities; however, if the property owner doesn't cover utilities, the rent may be lower. Additionally, keep in mind that each housing authority sets its own price limits, so it's advisable to reach out to the housing authority to inquire about the allowable rental rates.

To apply for Section 8 housing, you can check your income against the Lexington-Fayette, KY MSA Housing Choice voucher income limit to determine your eligibility.

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