Low Income Apartments and Affordable Housing For Rent in East Ridge, TN

Discover affordable housing in East Ridge 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.

Dogwood Place Apartments

201 Eads St, East Ridge, Tennessee 37412

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In East Ridge, Tennessee
$23.33/hour
$16.08 (+222%) more than Tennessee minimum wage and $16.08 (+222%) more than the Federal minimum wage.
Learn More About East Ridge, Tennessee Affordable Housing ↓

What HUD offices serve East Ridge, 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, Family Self-Sufficiency, Section 8 Project-Based Voucher (PBV) programs for East Ridge, Tennessee.

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

How many renters live in East Ridge, Tennessee?

The City of East Ridge has 22,040 people living in 9,558 households.

There are 8,739 renters living in 3,781 renter households in this City. Renters make up 39.65 percent of the population living in East Ridge.

What is the rental market like in East Ridge, Tennessee?

There are an estimated 10,383 housing units in the East Ridge area. Of these, 3,982 units are rental homes, making up 38 percent of the housing market. For every renter household in East Ridge, Tennessee, there are 1 rental units.

What is the vacancy rate for rentals in East Ridge?

The rental vacancy rate in East Ridge 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 East Ridge for each bedroom size?

Occupied Rental Units by Size in East Ridge
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
110 764 1,724 865 311
Occupied Rental Units by Size in East Ridge

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

Among renter households in this market, 48 percent have housing cost burden. Further, 27 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 East Ridge

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $1,068 to $1,784. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $1,068
One BR $1,085
Two BR $1,232
Three BR $1,569
Four BR $1,784
2024 Fair Market Rents in East Ridge, Tennessee

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

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 39 35 percent
One BR 647 85 percent
Two BR 1,183 69 percent
Rental Units Below FMR in East Ridge, Tennessee

How many affordable rental units are in East Ridge?

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

Federal Program Unit Count
Low Income Housing Tax Credit 140
Section 8 Project-Based Rental Assistance 1
Section 811 Supportive Housing for Persons with Disabilities 27
Tracked Units by Federal Program in East Ridge, Tennessee

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

Income Based Apartments in East Ridge, Tennessee

East Ridge features 0 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 East Ridge, Tennessee

There are 140 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in East Ridge.

Housing Choice Vouchers in East Ridge, Tennessee

On average, Section 8 Housing Choice vouchers pay East Ridge landlords $600 per month towards rent. The average voucher holder contributes $300 towards rent in East Ridge.

The maximum amount a voucher would pay on behalf of a low-income tenant in East Ridge, Tennessee for a two-bedroom apartment is between $1,109 and $1,355.

Sourced from federal housing data and AffordableHousingOnline.com research.