Low Income Apartments and Affordable Housing For Rent in Lauderdale County, TN

Discover affordable housing in Lauderdale County where there are 12+ 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.

Gates Apartments

614 Huntington Street, Gates, Tennessee 38037

Spring Forest Apartments

223 Kellar Ave, Ripley, Tennessee 38063

Center Point Apartments

550 S Church St, Henning, Tennessee 38041

Ripley Terrace Apartment

219 Volz Rd, Ripley, Tennessee 38063

Ripley Meadows Apartments

271 Gay St, Ripley, Tennessee 38063

Ripley Meadows First Addition

249 Gay Street Ext, Ripley, Tennessee 38063

Wesley Park Meadows

804 Park Meadow Cv, Halls, Tennessee 38040

Henning Village Apartments

356 S Main St, Henning, Tennessee 38041

Lauderdale Homes ( Aka Autumn Hills )

25 Geoffrey Ave, Ripley, Tennessee 38063

Chapel Ridge at Ripley

449 Robeson St, Ripley, Tennessee 38063

Lauderdale Apartments

392 Cherrydale, Halls, Tennessee

148 Chapel Cir

148 Chapel Cir, Ripley, Tennessee 38063

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

What HUD offices serve Lauderdale County, 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 Lauderdale County, Tennessee.

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

How many renters live in Lauderdale County, Tennessee?

The County of Lauderdale County has 25,171 people living in 9,127 households.

There are 9,383 renters living in 3,466 renter households in this County. Renters make up 37.28 percent of the population living in Lauderdale County.

What is the rental market like in Lauderdale County, Tennessee?

There are an estimated 10,707 housing units in the Lauderdale County area. Of these, 3,793 units are rental homes, making up 35 percent of the housing market. For every renter household in Lauderdale County, Tennessee, there are 1 rental units.

What is the vacancy rate for rentals in Lauderdale County?

The rental vacancy rate in Lauderdale County is 7 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 Lauderdale County for each bedroom size?

Occupied Rental Units by Size in Lauderdale County
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
61 458 1,159 1,489 258
Occupied Rental Units by Size in Lauderdale County

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

Among renter households in this market, 38 percent have housing cost burden. Further, 20 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 Lauderdale County

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $651 to $1,376. 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 $1,130
Four BR $1,376
2024 Fair Market Rents in Lauderdale County, Tennessee

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

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 35 57 percent
One BR 337 74 percent
Two BR 809 70 percent
Rental Units Below FMR in Lauderdale County, Tennessee

How many affordable rental units are in Lauderdale County?

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

Federal Program Unit Count
Low Income Housing Tax Credit 278
Public Housing 30
Section 8 Project-Based Rental Assistance 400
USDA Section 515 Rural Rental Housing 225
Tracked Units by Federal Program in Lauderdale County, Tennessee

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

Income Based Apartments in Lauderdale County, Tennessee

Lauderdale County features 529 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 Lauderdale County, Tennessee

There are 174 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Lauderdale County.

Housing Choice Vouchers in Lauderdale County, Tennessee

On average, Section 8 Housing Choice vouchers pay Lauderdale County landlords $600 per month towards rent. The average voucher holder contributes $300 towards rent in Lauderdale County.

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

Sourced from federal housing data and AffordableHousingOnline.com research.