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

Discover affordable housing in Cornersville 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.

Tanglewood Apartments

300 Tanglewood Ct, Cornersville, Tennessee 37047

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

What HUD offices serve Cornersville, 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 Cornersville, Tennessee.

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

How many renters live in Cornersville, Tennessee?

The City of Cornersville has 1,756 people living in 553 households.

There are 622 renters living in 127 renter households in this City. Renters make up 35.42 percent of the population living in Cornersville.

What is the rental market like in Cornersville, Tennessee?

There are an estimated 603 housing units in the Cornersville area. Of these, 129 units are rental homes, making up 21 percent of the housing market. For every renter household in Cornersville, Tennessee, there are 1 rental units.

What is the vacancy rate for rentals in Cornersville?

The rental vacancy rate in Cornersville is 2 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 Cornersville for each bedroom size?

Occupied Rental Units by Size in Cornersville
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
0 42 20 31 34
Occupied Rental Units by Size in Cornersville

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

Among renter households in this market, 45 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 Cornersville

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 Cornersville, Tennessee

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

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 42 100 percent
Two BR 2 10 percent
Rental Units Below FMR in Cornersville, Tennessee

How many affordable rental units are in Cornersville?

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

Federal Program Unit Count
Low Income Housing Tax Credit 32
USDA Section 515 Rural Rental Housing 33
Tracked Units by Federal Program in Cornersville, Tennessee

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

Income Based Apartments in Cornersville, Tennessee

Cornersville features 33 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 Cornersville, Tennessee

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

Housing Choice Vouchers in Cornersville, Tennessee

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

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

Sourced from federal housing data and AffordableHousingOnline.com research.