Low Income Apartments and Affordable Housing For Rent in Chapel Hill, TN

Discover affordable housing in Chapel Hill where there are 1+ 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.

Spring Creek Apartments

464 Spring Creek St, Chapel Hill, Tennessee 37034

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Chapel Hill, Tennessee
$19.13/hour
$11.88 (+164%) more than Tennessee minimum wage and $11.88 (+164%) more than the Federal minimum wage.
Learn More About Chapel Hill, Tennessee Affordable Housing ↓

What HUD offices serve Chapel Hill, 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, Mainstream Voucher, Homeownership programs for Chapel Hill, Tennessee.

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

How many renters live in Chapel Hill, Tennessee?

The City of Chapel Hill has 1,626 people living in 692 households.

There are 277 renters living in 109 renter households in this City. Renters make up 17.04 percent of the population living in Chapel Hill.

What is the rental market like in Chapel Hill, Tennessee?

There are an estimated 783 housing units in the Chapel Hill area. Of these, 117 units are rental homes, making up 15 percent of the housing market. For every renter household in Chapel Hill, Tennessee, there are 1 rental units.

What is the vacancy rate for rentals in Chapel Hill?

The rental vacancy rate in Chapel Hill 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 Chapel Hill for each bedroom size?

Occupied Rental Units by Size in Chapel Hill
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
4 14 29 54 8
Occupied Rental Units by Size in Chapel Hill

A large number of apartments in Chapel Hill 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 Chapel Hill are overburdened by housing costs?

Among renter households in this market, 36 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 Chapel Hill

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $764 to $1,345. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $764
One BR $769
Two BR $1,010
Three BR $1,311
Four BR $1,345
2024 Fair Market Rents in Chapel Hill, Tennessee

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

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 4 100 percent
One BR 14 100 percent
Two BR 11 38 percent
Rental Units Below FMR in Chapel Hill, Tennessee

How many affordable rental units are in Chapel Hill?

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

Federal Program Unit Count
Low Income Housing Tax Credit 24
USDA Section 515 Rural Rental Housing 24
Tracked Units by Federal Program in Chapel Hill, Tennessee

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

Income Based Apartments in Chapel Hill, Tennessee

Chapel Hill features 24 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 Chapel Hill, Tennessee

There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Chapel Hill.

Housing Choice Vouchers in Chapel Hill, Tennessee

On average, Section 8 Housing Choice vouchers pay Chapel Hill landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Chapel Hill.

The maximum amount a voucher would pay on behalf of a low-income tenant in Chapel Hill, Tennessee for a two-bedroom apartment is between $909 and $1,111.

Sourced from federal housing data and AffordableHousingOnline.com research.