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

Discover affordable housing in Kenton 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.

Eaglewood IV Apartments

300 Eaglewood Dr, Kenton, Tennessee 3823

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

What HUD offices serve Kenton, 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 Kenton, Tennessee.

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

How many renters live in Kenton, Tennessee?

The City of Kenton has 1,413 people living in 582 households.

There are 565 renters living in 228 renter households in this City. Renters make up 39.99 percent of the population living in Kenton.

What is the rental market like in Kenton, Tennessee?

There are an estimated 711 housing units in the Kenton area. Of these, 255 units are rental homes, making up 36 percent of the housing market. For every renter household in Kenton, Tennessee, there are 1 rental units.

What is the vacancy rate for rentals in Kenton?

The rental vacancy rate in Kenton is 11 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 Kenton for each bedroom size?

Occupied Rental Units by Size in Kenton
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
0 29 113 76 10
Occupied Rental Units by Size in Kenton

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

Among renter households in this market, 35 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 Kenton

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $654 to $1,461. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $654
One BR $722
Two BR $861
Three BR $1,213
Four BR $1,461
2024 Fair Market Rents in Kenton, Tennessee

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

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 59 percent
Two BR 95 84 percent
Rental Units Below FMR in Kenton, Tennessee

How many affordable rental units are in Kenton?

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

Federal Program Unit Count
Public Housing 11
USDA Section 515 Rural Rental Housing 20
Tracked Units by Federal Program in Kenton, Tennessee

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

Income Based Apartments in Kenton, Tennessee

Kenton features 20 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 Kenton, Tennessee

There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Kenton.

Housing Choice Vouchers in Kenton, Tennessee

On average, Section 8 Housing Choice vouchers pay Kenton landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Kenton.

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

Sourced from federal housing data and AffordableHousingOnline.com research.