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

Discover affordable housing in Greenbrier 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.

Ridgewood Apartments

2045 Highway 41 S, Greenbrier, Tennessee 37073

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

What HUD offices serve Greenbrier, 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 Greenbrier, Tennessee.

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

How many renters live in Greenbrier, Tennessee?

The City of Greenbrier has 6,954 people living in 2,166 households.

There are 1,362 renters living in 395 renter households in this City. Renters make up 19.59 percent of the population living in Greenbrier.

What is the rental market like in Greenbrier, Tennessee?

There are an estimated 2,326 housing units in the Greenbrier area. Of these, 411 units are rental homes, making up 18 percent of the housing market. For every renter household in Greenbrier, Tennessee, there are 1 rental units.

What is the vacancy rate for rentals in Greenbrier?

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

Occupied Rental Units by Size in Greenbrier
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
0 17 200 160 18
Occupied Rental Units by Size in Greenbrier

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

Among renter households in this market, 51 percent have housing cost burden. Further, 34 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 Greenbrier

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 Greenbrier, Tennessee

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

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 17 100 percent
Two BR 200 100 percent
Rental Units Below FMR in Greenbrier, Tennessee

How many affordable rental units are in Greenbrier?

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

Federal Program Unit Count
Low Income Housing Tax Credit 120
Section 8 Project-Based Rental Assistance 1
USDA Section 515 Rural Rental Housing 48
Tracked Units by Federal Program in Greenbrier, Tennessee

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

Income Based Apartments in Greenbrier, Tennessee

Greenbrier 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 Greenbrier, Tennessee

There are 120 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Greenbrier.

Housing Choice Vouchers in Greenbrier, Tennessee

On average, Section 8 Housing Choice vouchers pay Greenbrier landlords $600 per month towards rent. The average voucher holder contributes $400 towards rent in Greenbrier.

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

Sourced from federal housing data and AffordableHousingOnline.com research.