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

Discover affordable housing in Dayton 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.

Hidden Valley II

501 Hidden Valley Rd, Dayton, Tennessee 37321

Emerald Pointe Apartments

134 Emerald Pointe Ln, Dayton, Tennessee 37321

Kentucky Avenue Apartments

126 Kentucky Ave, Dayton, Tennessee 37321

We Care Byrd Rd Apartments

Byrd Rd, Dayton, Tennessee 37321

Taylor Hills Arnold Place

161 Barnard Cir, Dayton, Tennessee 37321

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 Dayton, 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 Dayton, Tennessee Affordable Housing ↓

What HUD offices serve Dayton, 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), Public Housing programs for Dayton, Tennessee.

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

How many renters live in Dayton, Tennessee?

The City of Dayton has 7,139 people living in 2,594 households.

There are 3,071 renters living in 1,231 renter households in this City. Renters make up 43.02 percent of the population living in Dayton.

What is the rental market like in Dayton, Tennessee?

There are an estimated 3,016 housing units in the Dayton area. Of these, 1,272 units are rental homes, making up 42 percent of the housing market. For every renter household in Dayton, Tennessee, there are 1 rental units.

What is the vacancy rate for rentals in Dayton?

The rental vacancy rate in Dayton 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 Dayton for each bedroom size?

Occupied Rental Units by Size in Dayton
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
54 58 696 384 39
Occupied Rental Units by Size in Dayton

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

Among renter households in this market, 24 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 Dayton

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $651 to $1,147. 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 $1,142
Four BR $1,147
2024 Fair Market Rents in Dayton, Tennessee

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

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 33 61 percent
One BR 58 100 percent
Two BR 447 64 percent
Rental Units Below FMR in Dayton, Tennessee

How many affordable rental units are in Dayton?

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

Federal Program Unit Count
Low Income Housing Tax Credit 136
Public Housing 247
Section 8 Project-Based Rental Assistance 1
USDA Section 515 Rural Rental Housing 72
Tracked Units by Federal Program in Dayton, Tennessee

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

Income Based Apartments in Dayton, Tennessee

Dayton features 334 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 Dayton, Tennessee

There are 60 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Dayton.

Housing Choice Vouchers in Dayton, Tennessee

On average, Section 8 Housing Choice vouchers pay Dayton landlords $400 per month towards rent. The average voucher holder contributes $300 towards rent in Dayton.

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

Sourced from federal housing data and AffordableHousingOnline.com research.