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

Discover affordable housing in Hendersonville where there are 4+ 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.

Waterview Apartments

1300 Waterview Cir, Hendersonville, Tennessee 37075

Hickory Pointe Townhomes

1037 Centerpoint Rd, Hendersonville, Tennessee 37075

Christian Manor Apartments

100 Trident Pl, Hendersonville, Tennessee 37075

Wessington House Apartments II

350 Old Shackle Island Rd, Hendersonville, Tennessee 37075

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

What HUD offices serve Hendersonville, 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 Hendersonville, Tennessee.

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

How many renters live in Hendersonville, Tennessee?

The City of Hendersonville has 61,589 people living in 24,245 households.

There are 14,952 renters living in 6,850 renter households in this City. Renters make up 24.28 percent of the population living in Hendersonville.

What is the rental market like in Hendersonville, Tennessee?

There are an estimated 25,549 housing units in the Hendersonville area. Of these, 7,429 units are rental homes, making up 29 percent of the housing market. For every renter household in Hendersonville, Tennessee, there are 1 rental units.

What is the vacancy rate for rentals in Hendersonville?

The rental vacancy rate in Hendersonville is 8 percent. This is a higher than average vacancy rate. When rental vacancy rates are high it means that there are a lot of available units and rents tend to be lower.

How many rental units are in Hendersonville for each bedroom size?

Occupied Rental Units by Size in Hendersonville
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
290 1,824 2,908 1,417 305
Occupied Rental Units by Size in Hendersonville

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

Among renter households in this market, 42 percent have housing cost burden. Further, 15 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 Hendersonville

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 Hendersonville, Tennessee

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

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 220 76 percent
One BR 1,521 83 percent
Two BR 1,470 51 percent
Rental Units Below FMR in Hendersonville, Tennessee

How many affordable rental units are in Hendersonville?

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

Federal Program Unit Count
Low Income Housing Tax Credit 450
Section 8 Project-Based Rental Assistance 159
Section 202 Supportive Housing for the Elderly 55
Tracked Units by Federal Program in Hendersonville, Tennessee

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

Income Based Apartments in Hendersonville, Tennessee

Hendersonville features 160 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 Hendersonville, Tennessee

There are 288 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Hendersonville.

Housing Choice Vouchers in Hendersonville, Tennessee

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

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

Sourced from federal housing data and AffordableHousingOnline.com research.