Low Income Apartments and Affordable Housing For Rent in Savannah, TN

Discover affordable housing in Savannah where there are 13+ housing opportunities based on income and household needs like accessible units for seniors or persons with disabilities. Find and apply to these low income apartments now.

Hunter Hill Apartments

20 Hunter Hill Dr, Savannah, Tennessee 38372

Savannah Apartments

230 Ryan St., Savannah, Tennessee 38372

Villas of Savannah

170 Sterling Ln., Savannah, Tennessee 38372

Cypress Gardens Apartments

200 Lewis St, Savannah, Tennessee 38372

May Rose Place Apartments

1070 Florence Rd, Savannah, Tennessee 38372

Oak Hill Apartments

65 Oak Hill Dr, Savannah, Tennessee

Southwood Apartments

150 Austin St, Savannah, Tennessee 38372

Savannah Village Apartments

345 Stout St, Savannah, Tennessee

Southern Living Apartments

240 Austin St, Savannah, Tennessee 38372

McKendree Oaks At Savannah

1650 Florence Rd , Savannah, Tennessee 38372

Cypress Garden Apartments

1201 Lewis St, Savannah, Tennessee 38372

BHI Savannah Project

300 Austin St, Savannah, Tennessee 38372

95 Bain Rd

95 Bain Rd, Savannah, Tennessee 38372

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Savannah, Tennessee
$16.31/hour
$9.06 (+125%) more than Tennessee minimum wage and $9.06 (+125%) more than the Federal minimum wage.
Learn More About Savannah, Tennessee Affordable Housing ↓

What HUD offices serve Savannah, Tennessee?

Public Housing Agencies operate federally assisted affordable housing programs at local levels on behalf of HUD. Notably, housing agencies are responsible for managing Section 8 Housing Choice Voucher, Public Housing, and Project-Based Voucher waiting lists within their jurisdiction.

Operates the Public Housing programs for Savannah, Tennessee.
Operates the Section 8 Housing Choice Voucher (HCV), Family Self-Sufficiency, Mainstream Voucher, Homeownership programs for Savannah, Tennessee.

Go to the Tennessee Public Housing and Low-Income Apartments Waiting Lists page for openings near Savannah.

How many renters live in Savannah, Tennessee?

The City of Savannah has 7,206 people living in 2,697 households.

There are 3,566 renters living in 1,402 renter households in this City. Renters make up 49.49 percent of the population living in Savannah.

What is the rental market like in Savannah, Tennessee?

There are an estimated 3,163 housing units in the Savannah area. Of these, 1,402 units are rental homes, making up 44 percent of the housing market. For every renter household in Savannah, Tennessee, there are 1 rental units.

What is the vacancy rate for rentals in Savannah?

The rental vacancy rate in Savannah is 0 percent. This is a lower than average vacancy rate. When rental vacancy rates are low there are fewer available units. Rents tend to be higher as more people compete for scarce housing.

How many rental units are in Savannah for each bedroom size?

Occupied Rental Units by Size in Savannah
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
0 185 583 591 43
Occupied Rental Units by Size in Savannah

A large number of apartments in Savannah have two or fewer bedrooms. Seniors and young professionals especially may have more success finding an apartment that meets their needs.

How many renter households in Savannah are overburdened by housing costs?

Among renter households in this market, 38 percent have housing cost burden. Further, 17 percent of households are extremely rent overburdened. When renters pay too much for their housing, it leaves little money for other necessities like food, clothes, or medicine.

The federal government says that renters are cost-burdened if they pay more than a third of their monthly income for rent and utilities.

How Much Is Rent in Savannah

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $651 to $1,147. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $651
One BR $655
Two BR $861
Three BR $1,142
Four BR $1,147
2024 Fair Market Rents in Savannah, Tennessee

How many units are rented at Fair Market Rent (FMR) in Savannah?

Renters with a Section 8 Housing Choice Voucher must select a home that is at or below the area’s Fair Market Rent. Markets with a large share of units above FMR tend to have longer search times to find a qualified unit, while those with a large share of units below FMR tend to have more choices and shorter search times. The share below FMR can vary by size of unit, as shown in the table below.

These are the approximate number of units renting below the FMR in this market:

Unit Size Count of Units Below FMR Percentage of Total Units Below FMR
One BR 165 89 percent
Two BR 437 75 percent
Rental Units Below FMR in Savannah, Tennessee

How many affordable rental units are in Savannah?

There are a variety of federal affordable housing programs serving households in Savannah, Tennessee including the following:

Federal Program Unit Count
Low Income Housing Tax Credit 160
Public Housing 62
Section 8 Project-Based Rental Assistance 42
Section 202 Supportive Housing for the Elderly 57
USDA Section 515 Rural Rental Housing 86
Tracked Units by Federal Program in Savannah, Tennessee

Rental units may be funded in part by multiple federal programs.

Income Based Apartments in Savannah, Tennessee

Savannah features 397 income based apartments. Tenants of income based apartments typically pay no more than 30% of their income towards rent and utilities.

Low Rent Apartments in Savannah, Tennessee

There are 157 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Savannah.

Housing Choice Vouchers in Savannah, Tennessee

On average, Section 8 Housing Choice vouchers pay Savannah landlords $600 per month towards rent. The average voucher holder contributes $300 towards rent in Savannah.

The maximum amount a voucher would pay on behalf of a low-income tenant in Savannah, Tennessee for a two-bedroom apartment is between $775 and $947.

Sourced from federal housing data and AffordableHousingOnline.com research.