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

Discover affordable housing in Jamestown where there are 11+ 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.

Jamestown Village

250 Mace Ave., Jamestown, Tennessee 38556

Fairground Apartments

Industrial Park Rd, Jamestown, Tennessee 38556

Hilltop Apartments

304 Mark Twain Ave W, Jamestown, Tennessee 38556

White Oaks Apartments

114 Holt Spur Dr, Jamestown, Tennessee 38556

Mace Apartments

518 Mace Ave, Jamestown, Tennessee 38556

Jamestown Apartments

217 Beaty St, Jamestown, Tennessee 38556

Jamestown Manor

209 North Smith Street, Jamestown, Tennessee 38556

Fentress Oaks Apartments

428 Lawson Street, Jamestown, Tennessee 38556

Wheeler Manor Apartments

309 N Smith St, Jamestown, Tennessee 38556

Jamestown Ltd

PO Box 892, Jamestown, Tennessee 38556

Fentress Apartments

RR 2 Box 346-A, Jamestown, Tennessee 38556

calendar_today Opened: Jul 1
Open Until Further Notice

Reported On February 23rd, 2024 by Nathan Brunet

calendar_today Opened: Jul 1
Open Until Further Notice

Reported On February 23rd, 2024 by Nathan Brunet

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

What HUD offices serve Jamestown, 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 Jamestown, Tennessee.
Operates the Section 8 Housing Choice Voucher (HCV), Family Self-Sufficiency, Mainstream Voucher, Homeownership programs for Jamestown, Tennessee.

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

How many renters live in Jamestown, Tennessee?

The City of Jamestown has 2,126 people living in 986 households.

There are 1,351 renters living in 710 renter households in this City. Renters make up 63.55 percent of the population living in Jamestown.

What is the rental market like in Jamestown, Tennessee?

There are an estimated 1,177 housing units in the Jamestown area. Of these, 784 units are rental homes, making up 67 percent of the housing market. For every renter household in Jamestown, Tennessee, there are 1 rental units.

What is the vacancy rate for rentals in Jamestown?

The rental vacancy rate in Jamestown is 9 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 Jamestown for each bedroom size?

Occupied Rental Units by Size in Jamestown
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
11 197 328 153 8
Occupied Rental Units by Size in Jamestown

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

Among renter households in this market, 42 percent have housing cost burden. Further, 14 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 Jamestown

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $651 to $1,298. 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 $1,093
Four BR $1,298
2024 Fair Market Rents in Jamestown, Tennessee

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

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 11 100 percent
One BR 193 98 percent
Two BR 328 100 percent
Rental Units Below FMR in Jamestown, Tennessee

How many affordable rental units are in Jamestown?

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

Federal Program Unit Count
Low Income Housing Tax Credit 162
Public Housing 81
Section 8 Project-Based Rental Assistance 24
Section 811 Supportive Housing for Persons with Disabilities 10
USDA Section 515 Rural Rental Housing 170
Tracked Units by Federal Program in Jamestown, Tennessee

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

Income Based Apartments in Jamestown, Tennessee

Jamestown features 215 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 Jamestown, Tennessee

There are 88 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Jamestown.

Housing Choice Vouchers in Jamestown, Tennessee

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

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

Sourced from federal housing data and AffordableHousingOnline.com research.