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

Discover affordable housing in Millington where there are 5+ 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.

Millington Flats

7289 Raleigh Millington Rd., Millington, Tennessee 38053

Wesley at Millington Towers

5077 Easley St, Millington, Tennessee 38053

WESLEY MILLINGTON TOWERS

5077 EASLEY AVE, Millington, Tennessee 38053

4942 Bill Knight Rd

4942 Bill Knight Rd, Millington, Tennessee 38053

Flag Manor

4945 Navy Rd, Millington, Tennessee 38053

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

What HUD offices serve Millington, 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 Public Housing programs for Millington, Tennessee.
Operates the Section 8 Housing Choice Voucher (HCV), Public Housing programs for Millington, Tennessee.
Operates the Section 8 Housing Choice Voucher (HCV), Family Self-Sufficiency, Mainstream Voucher, Homeownership programs for Millington, Tennessee.

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

How many renters live in Millington, Tennessee?

The City of Millington has 10,558 people living in 4,194 households.

There are 4,751 renters living in 1,751 renter households in this City. Renters make up 45 percent of the population living in Millington.

What is the rental market like in Millington, Tennessee?

There are an estimated 4,713 housing units in the Millington area. Of these, 1,916 units are rental homes, making up 41 percent of the housing market. For every renter household in Millington, Tennessee, there are 1 rental units.

What is the vacancy rate for rentals in Millington?

The rental vacancy rate in Millington is 6 percent. This is a lower than average vacancy rate. When rental vacancy rates are low there are fewer available units. Rents tend to be higher as more people compete for scarce housing.

How many rental units are in Millington for each bedroom size?

Occupied Rental Units by Size in Millington
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
0 264 784 543 160
Occupied Rental Units by Size in Millington

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

Among renter households in this market, 37 percent have housing cost burden. Further, 16 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 Millington

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 Millington, Tennessee

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

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 251 95 percent
Two BR 607 77 percent
Rental Units Below FMR in Millington, Tennessee

How many affordable rental units are in Millington?

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

Federal Program Unit Count
Low Income Housing Tax Credit 172
Public Housing 89
Section 202 Supportive Housing for the Elderly 80
Tracked Units by Federal Program in Millington, Tennessee

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

Income Based Apartments in Millington, Tennessee

Millington features 251 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 Millington, Tennessee

There are 251 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Millington.

Housing Choice Vouchers in Millington, Tennessee

On average, Section 8 Housing Choice vouchers pay Millington landlords $700 per month towards rent. The average voucher holder contributes $200 towards rent in Millington.

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

Sourced from federal housing data and AffordableHousingOnline.com research.