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

Discover affordable housing in Fairview 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.

Caspian Hills Apartments

7228 Caspian Dr, Fairview, Tennessee 37062

Roundtree Manor II Apartments

1001 Roudntree Cir, Fairview, Tennessee 37062

West Way Apartments

7202 Peek Ct., Fairview, Tennessee 37062

Maple Village

7112 Maple Village Ct, Fairview, Tennessee 37062

Park Village of Fairview

1025 Fairview Blvd, Fairview, Tennessee 37062

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Fairview, Tennessee
$30.66/hour
$23.41 (+323%) more than Tennessee minimum wage and $23.41 (+323%) more than the Federal minimum wage.
Learn More About Fairview, Tennessee Affordable Housing ↓

What HUD offices serve Fairview, 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 Fairview, Tennessee.

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

How many renters live in Fairview, Tennessee?

The City of Fairview has 9,519 people living in 3,602 households.

There are 1,619 renters living in 639 renter households in this City. Renters make up 17.01 percent of the population living in Fairview.

What is the rental market like in Fairview, Tennessee?

There are an estimated 3,660 housing units in the Fairview area. Of these, 668 units are rental homes, making up 18 percent of the housing market. For every renter household in Fairview, Tennessee, there are 1 rental units.

What is the vacancy rate for rentals in Fairview?

The rental vacancy rate in Fairview is 4 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 Fairview for each bedroom size?

Occupied Rental Units by Size in Fairview
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
13 143 156 198 110
Occupied Rental Units by Size in Fairview

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

Among renter households in this market, 29 percent have housing cost burden. Further, 19 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 Fairview

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $1,404 to $2,482. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $1,404
One BR $1,442
Two BR $1,619
Three BR $2,035
Four BR $2,482
2024 Fair Market Rents in Fairview, Tennessee

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

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 13 100 percent
One BR 133 93 percent
Two BR 135 87 percent
Rental Units Below FMR in Fairview, Tennessee

How many affordable rental units are in Fairview?

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

Federal Program Unit Count
Low Income Housing Tax Credit 88
Section 8 Project-Based Rental Assistance 1
Section 202 Supportive Housing for the Elderly 39
USDA Section 515 Rural Rental Housing 80
Tracked Units by Federal Program in Fairview, Tennessee

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

Income Based Apartments in Fairview, Tennessee

Fairview features 80 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 Fairview, Tennessee

There are 272 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Fairview.

Housing Choice Vouchers in Fairview, Tennessee

On average, Section 8 Housing Choice vouchers pay Fairview landlords $500 per month towards rent. The average voucher holder contributes $300 towards rent in Fairview.

The maximum amount a voucher would pay on behalf of a low-income tenant in Fairview, Tennessee for a two-bedroom apartment is between $1,457 and $1,781.

Sourced from federal housing data and AffordableHousingOnline.com research.