Marketplace Commons

All-age Community

59 Recovery Drive,

Dawson Springs, KY 42408
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Starting Rent
$ - $
Bedrooms
Studio - 1bd
Bathrooms
1 - 2ba
Square Footage
620 - 1200 sq.ft.

Marketplace Commons is a new construction in Dawson Springs KY, with a total of 48-unit All-age community with 8 one-bedroom units, 28 two-bedroom units and 12 three-bedroom units. The property amenities include washer and dryer included, ring or similar type doorbell, fitness center, clubhouse, package concierge, playground and very conveniently located across the street from Dairy Queen. 

Online applications opened 6/29/2026 

Current construction target dates: first move-ins beginning of August 2026.

Apartment Features

  • ADA - Wheelchair accessible units
  • Air Conditioning and/or heating
  • Ample Closet Space
  • Ceiling fans

  • Dishwasher

  • Energy-efficient appliances
  • Hearing impaired accessible

  • Standard kitchen appliances (stove, refrigerator)
  • Washer/Dryer in unit

Community Amenities

  • Community room

  • Fitness center

  • High Speed Internet Access
  • Package concierge

  • On-site management and maintenance

  • Pet-friendly

  • Playground or tot lot picnic area

  • Secure mailboxes

  • Security camaras

  • Shared lawn or courtyard area

  • Water, sewer, and trash included in rent

Floor Plans

Fees & Policies

Monthly Charges (in addition to base rent)

Base Rent Starting at: 

1BR - $745.00

2BR - $892.00

3BR - $1,032.00

Utility Charges that is resident responsibility: Electric

Utilities Approximate Cost Per month: 1 BR $95, 2BR $116 3BR $132

Pet Rent (if applicable): $25/month

Can residents avoid late fees by using autopay via bank account or CC? Yes

Due at Lease Signing:
  • Application Fee per applicant: $30
  • Security Deposit: $500
  • Onetime Pet fee non-refundable: $250

Due by Move-In:

  • 1st Month’s rent or Prorated Lease Charges: Prorated and move-in specials during lease-up

Pet Policy:

  • Pets are welcomed! 
  • A non-refundable pet fee of $250 will be paid for a pet.
  • A pet rent of $25/month will be added to the rent each month for the pet.
  • Only one (1) pet permitted per apartment. Full maturity weight limit of 35 lbs.
  • Non-aggressive breeds only. The definition of aggressive breeds is left solely up to management.
  • All vet/vaccination records are requested to be submitted before the animal can occupy the apartment. 
  • PETSCREENING IS A PART OF THE APPLICATION PROCESS FOR ALL APPLICANTS.
  • A welcoming environment is paramount to all of our residents. To help ensure ALL of our residents understand our Household Pet, No Pet or Animal, and Assistance Animal-related policies, we use a third-party screening service and require everyone to complete a pet profile, a "no pet" profile, or request accommodation for an assistance animal. This process ensures we have formalized Household Pet, No Pet or Animal, and Assistance Animal policy acknowledgments and more accurate records to create greater mutual accountability. The cost for the Household Pet is $25, ($30 if paying with a credit/debit card per year per household pet.) The No Pet/Animal and Assistance Animal profiles are free. If you are unable to complete a profile online and need help please contact your housing provider.

Frequently Asked Questions

What is Marketplace Commons? Marketplace Commons is a newly constructed affordable apartment community offering one-, two-, and three-bedroom apartments through the Low-Income Housing Tax Credit (LIHTC) program. Our community provides modern apartment homes with income-qualified rental rates.

What does "income-restricted" mean? Marketplace Commons participates in the LIHTC program, which means households must meet income guidelines before moving in. Both your household income and household size are used to determine eligibility. Our leasing team will help determine which apartment you may qualify for.

What is Income Limit? Income limits are established by federal housing guidelines and are updated periodically. When you apply, we'll determine which apartment designation your household qualifies for based on current program guidelines. 

How do I know if I qualify? Qualification depends on:

  1. Household income
  2. Household size
  3. Program eligibility requirements
  4. Criminal and rental history screening
  5. Other standard application requirements


What documents will I need when applying? Applicants should be prepared to provide documentation such as:

  • Government-issued photo ID (collected at Move in)
  • Social Security cards (or acceptable documentation)
  • Proof of income
  • Recent pay stubs (2 most recent)
  • Employment verification
  • Asset information (if applicable)
  • Other documentation required during the application process

Our leasing office will provide a complete checklist after you apply.

Is there a waiting list? Availability varies throughout the year. If no apartments are available that match your household's qualification, you may have the option to join the waiting list. Contact the leasing office for current availability.

Are housing vouchers accepted? Marketplace Commons welcomes applicants with housing assistance programs when permitted by program guidelines and applicable laws. Please contact the leasing office to discuss your specific voucher or rental assistance program.

Can students live here? Student eligibility is determined by LIHTC regulations. Some full-time student households may not qualify unless they meet one of the program's exceptions. Our leasing team can help determine eligibility.

How do I apply? Applications can be completed online or through our leasing office. Our team will review your application, verify income and eligibility, and keep you updated throughout the finalization process.

How long does the approval process take? Processing time depends on how quickly third-party verifications are received. Providing all requested documentation promptly helps speed up the process.

Will my income be checked every year? Yes. Because Marketplace Commons participates in the LIHTC program, residents may be required to complete periodic income verification in accordance with program requirements.