Low Income Apartments and Affordable Housing For Rent in Pigeon Forge, TN

Discover affordable housing in Pigeon Forge 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.

Meadow Creek Apartments

3180 Hickory Dr, Pigeon Forge, Tennessee 37863

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Pigeon Forge, Tennessee
$20.49/hour
$13.24 (+183%) more than Tennessee minimum wage and $13.24 (+183%) more than the Federal minimum wage.
Learn More About Pigeon Forge, Tennessee Affordable Housing ↓

What HUD offices serve Pigeon Forge, 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 Pigeon Forge, Tennessee.

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

How many renters live in Pigeon Forge, Tennessee?

The City of Pigeon Forge has 6,345 people living in 2,277 households.

There are 3,649 renters living in 1,180 renter households in this City. Renters make up 57.51 percent of the population living in Pigeon Forge.

What is the rental market like in Pigeon Forge, Tennessee?

There are an estimated 5,203 housing units in the Pigeon Forge area. Of these, 1,855 units are rental homes, making up 36 percent of the housing market. For every renter household in Pigeon Forge, Tennessee, there are 2 rental units.

What is the vacancy rate for rentals in Pigeon Forge?

The rental vacancy rate in Pigeon Forge is 33 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 Pigeon Forge for each bedroom size?

Occupied Rental Units by Size in Pigeon Forge
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
15 146 419 567 22
Occupied Rental Units by Size in Pigeon Forge

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

Among renter households in this market, 36 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 Pigeon Forge

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $834 to $1,441. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $834
One BR $896
Two BR $1,082
Three BR $1,403
Four BR $1,441
2024 Fair Market Rents in Pigeon Forge, Tennessee

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

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 5 33 percent
One BR 96 66 percent
Two BR 270 64 percent
Rental Units Below FMR in Pigeon Forge, Tennessee

How many affordable rental units are in Pigeon Forge?

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

Federal Program Unit Count
Low Income Housing Tax Credit 50
Public Housing 101
Tracked Units by Federal Program in Pigeon Forge, Tennessee

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

Income Based Apartments in Pigeon Forge, Tennessee

Pigeon Forge 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 Pigeon Forge, Tennessee

There are 50 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Pigeon Forge.

Housing Choice Vouchers in Pigeon Forge, Tennessee

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Pigeon Forge, Tennessee for a two-bedroom apartment is between $974 and $1,190.

Sourced from federal housing data and AffordableHousingOnline.com research.