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

Discover affordable housing in Ooltewah 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.

Spring Green Apartments

5111 Ooltewah Ringgold Rd, Ooltewah, Tennessee 37363

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Ooltewah, Tennessee
$23.33/hour
$16.08 (+222%) more than Tennessee minimum wage and $16.08 (+222%) more than the Federal minimum wage.
Learn More About Ooltewah, Tennessee Affordable Housing ↓

What HUD offices serve Ooltewah, 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), Public Housing, Family Self-Sufficiency, Section 8 Project-Based Voucher (PBV) programs for Ooltewah, Tennessee.

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

How many renters live in Ooltewah, Tennessee?

The City of Ooltewah has 462 people living in 211 households.

There are 201 renters living in 67 renter households in this City. Renters make up 43.51 percent of the population living in Ooltewah.

What is the rental market like in Ooltewah, Tennessee?

There are an estimated 211 housing units in the Ooltewah area. Of these, 67 units are rental homes, making up 32 percent of the housing market. For every renter household in Ooltewah, Tennessee, there are 1 rental units.

What is the vacancy rate for rentals in Ooltewah?

The rental vacancy rate in Ooltewah is 0 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 Ooltewah for each bedroom size?

Occupied Rental Units by Size in Ooltewah
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
0 0 67 0 0
Occupied Rental Units by Size in Ooltewah

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

Among renter households in this market, 39 percent have housing cost burden. Further, 0 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 Ooltewah

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $1,068 to $1,784. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $1,068
One BR $1,085
Two BR $1,232
Three BR $1,569
Four BR $1,784
2024 Fair Market Rents in Ooltewah, Tennessee

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

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 45 67 percent
Rental Units Below FMR in Ooltewah, Tennessee

How many affordable rental units are in Ooltewah?

Income Based Apartments in Ooltewah, Tennessee

Ooltewah features 48 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 Ooltewah, Tennessee

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

Housing Choice Vouchers in Ooltewah, Tennessee

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Ooltewah, Tennessee for a two-bedroom apartment is between $1,109 and $1,355.

Sourced from federal housing data and AffordableHousingOnline.com research.