What HUD offices serve Ashland City, 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.
Go to the Tennessee Public Housing and Low-Income Apartments Waiting Lists page for openings near Ashland City.
How many renters live in Ashland City, Tennessee?
The City of Ashland City has people living in households.
There are renters living in renter households in this City. Renters make up 30.52 percent of the population living in Ashland City.
What is the rental market like in Ashland City, Tennessee?
There are an estimated housing units in the Ashland City area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Ashland City, Tennessee, there are 1.13 rental units.
What is the vacancy rate for rentals in Ashland City?
The rental vacancy rate in Ashland City 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 Ashland City for each bedroom size?
Occupied Rental Units by Size in Ashland City
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 0 | 116 | 480 | 60 | 24 |
Occupied Rental Units by Size in Ashland City
A large number of apartments in Ashland City have two or fewer bedrooms. Seniors and young professionals especially may have more success finding an apartment that meets their needs.
How Much Is Rent in Ashland City
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $1,404 to $2,482. FMRs are updated annually by HUD for every city and county nationwide.
| Bed Size | 2024 Fair Market Rents |
| Studio | $1,404 |
| One BR | $1,442 |
| Two BR | $1,619 |
| Three BR | $2,035 |
| Four BR | $2,482 |
2024 Fair Market Rents in Ashland City, Tennessee
How many units are rented at Fair Market Rent (FMR) in Ashland City?
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 | 110 | 95 percent |
| Two BR | 326 | 68 percent |
Rental Units Below FMR in Ashland City, Tennessee
How many affordable rental units are in Ashland City?
There are a variety of federal affordable housing programs serving households in Ashland City, Tennessee including the following:
| Federal Program | Unit Count |
| Low Income Housing Tax Credit | |
| USDA Section 515 Rural Rental Housing |
Tracked Units by Federal Program in Ashland City, Tennessee
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in Ashland City, Tennessee
Ashland City features 83 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 Ashland City, Tennessee
There are 133 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Ashland City.
Housing Choice Vouchers in Ashland City, Tennessee
On average, Section 8 Housing Choice vouchers pay Ashland City landlords $600 per month towards rent. The average voucher holder contributes $300 towards rent in Ashland City.
The maximum amount a voucher would pay on behalf of a low-income tenant in Ashland City, Tennessee for a two-bedroom apartment is between $1,457 and $1,781.
Sourced from federal housing data and AffordableHousingOnline.com research.
