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

Discover affordable housing in Clay County where there are 4+ 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.

Southern Oaks Apartments

1001 Gainesboro Hwy, Celina, Tennessee 38551

Cherry Tree Apartments II

157 Westmoreland Dr, Celina, Tennessee 38551

Cherry Tree II Apartments

100 Westmoreland Dr, Celina, Tennessee 38551

Riverside Apts.

521 Brown St., Celina, Tennessee

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

What HUD offices serve Clay 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, Mainstream Voucher, Homeownership programs for Clay County, Tennessee.

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

How many renters live in Clay County, Tennessee?

The County of Clay County has 7,592 people living in 3,035 households.

There are 1,739 renters living in 649 renter households in this County. Renters make up 22.91 percent of the population living in Clay County.

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

There are an estimated 3,981 housing units in the Clay County area. Of these, 694 units are rental homes, making up 17 percent of the housing market. For every renter household in Clay County, Tennessee, there are 1 rental units.

What is the vacancy rate for rentals in Clay County?

The rental vacancy rate in Clay County is 5 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 Clay County for each bedroom size?

Occupied Rental Units by Size in Clay County
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
14 47 317 253 6
Occupied Rental Units by Size in Clay County

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

Among renter households in this market, 19 percent have housing cost burden. Further, 13 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 Clay County

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $651 to $1,277. 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 $1,213
Four BR $1,277
2024 Fair Market Rents in Clay County, Tennessee

How many units are rented at Fair Market Rent (FMR) in Clay 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 14 100 percent
One BR 37 79 percent
Two BR 179 56 percent
Rental Units Below FMR in Clay County, Tennessee

How many affordable rental units are in Clay County?

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

Federal Program Unit Count
Low Income Housing Tax Credit 98
Public Housing 34
USDA Section 515 Rural Rental Housing 130
Tracked Units by Federal Program in Clay County, Tennessee

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

Income Based Apartments in Clay County, Tennessee

Clay County features 106 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 Clay County, Tennessee

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

Housing Choice Vouchers in Clay County, Tennessee

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

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

Sourced from federal housing data and AffordableHousingOnline.com research.