Low Income Apartments and Affordable Housing For Rent in Bledsoe County, TN

Discover affordable housing in Bledsoe County where there are 5+ 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.

Colonial Manor Apartments

RR 3, Pikeville, Tennessee 37367

Pikeville Townhouses

RR 4 Box 700, Pikeville, Tennessee 37367

Brookview Group Home

466 Cleveland Ave, Pikeville, Tennessee 37367

Birchwood Village

177 Birchwood St Apt 101, Pikeville, Tennessee 37367

Highland Village

Box 300 Apt 102, Pikeville, Tennessee 37367

calendar_today Opened: Apr 8
Open Until Further Notice

Reported On February 23rd, 2024 by Lorena Bentley

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Bledsoe County, 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 Bledsoe County, Tennessee Affordable Housing ↓

What HUD offices serve Bledsoe County, 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 Section 8 Housing Choice Voucher (HCV), Family Self-Sufficiency programs for Bledsoe County, Tennessee.

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

How many renters live in Bledsoe County, Tennessee?

The County of Bledsoe County has 14,816 people living in 4,851 households.

There are 3,046 renters living in 939 renter households in this County. Renters make up 20.56 percent of the population living in Bledsoe County.

What is the rental market like in Bledsoe County, Tennessee?

There are an estimated 5,860 housing units in the Bledsoe County area. Of these, 1,022 units are rental homes, making up 17 percent of the housing market. For every renter household in Bledsoe County, Tennessee, there are 1 rental units.

What is the vacancy rate for rentals in Bledsoe County?

The rental vacancy rate in Bledsoe County is 7 percent. This is a higher than average vacancy rate. When rental vacancy rates are high it means that there are a lot of available units and rents tend to be lower.

How many rental units are in Bledsoe County for each bedroom size?

Occupied Rental Units by Size in Bledsoe County
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
53 102 249 429 56
Occupied Rental Units by Size in Bledsoe County

A large number of apartments in Bledsoe County 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 Bledsoe County are overburdened by housing costs?

Among renter households in this market, 33 percent have housing cost burden. Further, 26 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 Bledsoe County

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $651 to $1,461. 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 $1,208
Four BR $1,461
2024 Fair Market Rents in Bledsoe County, Tennessee

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

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
Studio 14 26 percent
One BR 68 67 percent
Two BR 134 54 percent
Rental Units Below FMR in Bledsoe County, Tennessee

How many affordable rental units are in Bledsoe County?

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

Federal Program Unit Count
Low Income Housing Tax Credit 25
Public Housing 12
Section 8 Project-Based Rental Assistance 115
USDA Section 515 Rural Rental Housing 88
Tracked Units by Federal Program in Bledsoe County, Tennessee

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

Income Based Apartments in Bledsoe County, Tennessee

Bledsoe County features 121 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 Bledsoe County, Tennessee

There are 24 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Bledsoe County.

Housing Choice Vouchers in Bledsoe County, Tennessee

On average, Section 8 Housing Choice vouchers pay Bledsoe County landlords $500 per month towards rent. The average voucher holder contributes $200 towards rent in Bledsoe County.

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

Sourced from federal housing data and AffordableHousingOnline.com research.