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

Discover affordable housing in Mason 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.

Mason Manor Apartments

50 Mason Manor Ln, Mason, Tennessee 38049

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Mason, Tennessee
$24.58/hour
$17.33 (+239%) more than Tennessee minimum wage and $17.33 (+239%) more than the Federal minimum wage.
Learn More About Mason, Tennessee Affordable Housing ↓

What HUD offices serve Mason, 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 Mason, Tennessee.

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

How many renters live in Mason, Tennessee?

The City of Mason has 1,221 people living in 332 households.

There are 467 renters living in 160 renter households in this City. Renters make up 38.25 percent of the population living in Mason.

What is the rental market like in Mason, Tennessee?

There are an estimated 394 housing units in the Mason area. Of these, 200 units are rental homes, making up 51 percent of the housing market. For every renter household in Mason, Tennessee, there are 1 rental units.

What is the vacancy rate for rentals in Mason?

The rental vacancy rate in Mason 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 Mason for each bedroom size?

Occupied Rental Units by Size in Mason
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
0 0 25 129 6
Occupied Rental Units by Size in Mason

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

Among renter households in this market, 63 percent have housing cost burden. Further, 36 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 Mason

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $1,031 to $1,995. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $1,031
One BR $1,146
Two BR $1,298
Three BR $1,711
Four BR $1,995
2024 Fair Market Rents in Mason, Tennessee

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

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
Two BR 16 64 percent
Rental Units Below FMR in Mason, Tennessee

How many affordable rental units are in Mason?

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

Federal Program Unit Count
Low Income Housing Tax Credit 24
Section 8 Project-Based Rental Assistance 1
USDA Section 515 Rural Rental Housing 24
Tracked Units by Federal Program in Mason, Tennessee

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

Income Based Apartments in Mason, Tennessee

Mason features 24 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 Mason, Tennessee

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

Housing Choice Vouchers in Mason, Tennessee

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Mason, Tennessee for a two-bedroom apartment is between $1,168 and $1,428.

Sourced from federal housing data and AffordableHousingOnline.com research.