4530 Joe Lewis Rd, Knoxville, TN 37920
Waiting List Forecast: Likely Long or Closed
Verified for 2019 by Lorena Bentley| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| Call for Rents† | 1 - 5 Beds | 1 - 1.5 Bath | - |
Since this property may have a RAD Section 8 Property Based Rental Assistance contract with rental assistance available to its residents, it is likely the property has a waiting list. Sometimes these waiting lists can be months or years long and may or may not be accepting new applicants. You should contact the property to verify.
Note: Affordable Housing Online has not confirmed the waiting list status directly with the property. This waiting list status forecast is based on our housing experts' knowledge of similar properties. You should always confirm this status directly with the property.
Located in South Knoxville across the Tennessee River from downtown, Montgomery Village is surrounded by wooded areas that provide a country-like setting for the 380-unit community. The community underwent extensive facade improvements and infrastructure upgrades in 2014, which included total reconstruction of kitchens and bathrooms, new water systems and HVAC units. The Montgomery Village community features several recreational activities for youth and families, including an on-site Boys & Girls Club.
Since Montgomery Village participates in the RAD Section 8 Project-Based Section 8 Program, your rent would be subsidized. You would not pay more than 30% of your income for rent. To qualify, you must earn 50% or less of the Area Median Income (AMI), which you can find on this page’s income chart. Also, project-based RAD Section 8 properties tend to have longer waiting lists, with some with waiting lists going out for years. Since this property participates in the RAD Section 8 Project Based Rental Assistance program and has a property based subsidy, if you have a Section 8 voucher, you would have to give up your voucher to move in.
~ Dave Layfield, Founder of Affordable Housing Online
| Unit (Bd/Ba) | Ft2 | Rent |
|---|---|---|
| One Bedroom One Bath (1/1) | - | Call for Price† |
| Two Bedroom One Bath (2/1) | - | Call for Price† |
| Three Bedroom One Bath (3/1) | - | Call for Price† |
| Three Bedroom One in a half Bath (3/1.5) | - | Call for Price† |
| Four Bedroom One in a half Bath (4/1.5) | - | Call for Price† |
| Five Bedroom One in a half Bath (5/1.5) | - | Call for Price† |
| AMI* | 1 person | 2 people | 3 people | 4 people | 5 people | 6 people | 7 people | 8 people | 9 people | 10 people |
|---|---|---|---|---|---|---|---|---|---|---|
| 30% AMI for PBRA Units | $18,150 / year | $20,750 / year | $24,860 / year | $30,000 / year | $35,140 / year | $40,280 / year | $45,420 / year | $50,560 / year | ||
| 50% AMI for LIHTC Units | $30,250 / year | $34,600 / year | $38,900 / year | $43,200 / year | $46,700 / year | $50,150 / year | $53,600 / year | $57,050 / year | ||
| 50% AMI for PBRA Units | $30,250 / year | $34,600 / year | $38,900 / year | $43,200 / year | $46,700 / year | $50,150 / year | $53,600 / year | $57,050 / year | ||
| 80% AMI for PBRA Units | $48,400 / year | $55,300 / year | $62,200 / year | $69,100 / year | $74,650 / year | $80,200 / year | $85,700 / year | $91,250 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Montgomery Village have a waiting list?
Montgomery Village probably has a waiting list. Since our research has shown there is a project-based rental assistance associated with this property, the waiting list would be for the rent-assisted units. We haven't confirmed if this is the case, so you should contact the property to confirm.
Are rents subsidized at Montgomery Village?
We believe rents are most likely subsidized at all or some of the units since our research has turned up at least one public housing or rental assistance contract probably associated with this property.
In addition to Montgomery Village, how many other affordable housing properties (and units) are there in Knoxville?
In addition to Montgomery Village, we list 99 other affordable properties in Knoxville. Learn about these properties here. Our data research shows that there are a total of 10459 affordable units in Knoxville.
Know your rights as a Section 8 tenant.
Some states and local governments have laws that protect renters with a Section 8 voucher who are looking for an available unit. Check your local laws.Margaret L. Bost says:
"I'm really happy I found Affordable Housing Online. Thank you so much for helping people with low incomes to be able to achieve their dream."