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

Discover affordable housing in Medina 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.

Cherrywood Place Apartments

345 West Church Street, Medina, Tennessee

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

What HUD offices serve Medina, 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 Medina, Tennessee.

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

How many renters live in Medina, Tennessee?

The City of Medina has 5,121 people living in 1,875 households.

There are 1,050 renters living in 443 renter households in this City. Renters make up 20.5 percent of the population living in Medina.

What is the rental market like in Medina, Tennessee?

There are an estimated 1,942 housing units in the Medina area. Of these, 510 units are rental homes, making up 26 percent of the housing market. For every renter household in Medina, Tennessee, there are 1 rental units.

What is the vacancy rate for rentals in Medina?

The rental vacancy rate in Medina is 13 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 Medina for each bedroom size?

Occupied Rental Units by Size in Medina
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
0 85 122 208 28
Occupied Rental Units by Size in Medina

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

Among renter households in this market, 29 percent have housing cost burden. Further, 23 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 Medina

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 Medina, Tennessee

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

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 0 100 percent
Two BR 33 27 percent
Rental Units Below FMR in Medina, Tennessee

How many affordable rental units are in Medina?

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

Federal Program Unit Count
USDA Section 515 Rural Rental Housing 16
Tracked Units by Federal Program in Medina, Tennessee

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

Income Based Apartments in Medina, Tennessee

Medina features 0 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 Medina, Tennessee

There are 16 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Medina.

Housing Choice Vouchers in Medina, Tennessee

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

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

Sourced from federal housing data and AffordableHousingOnline.com research.