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

Discover affordable housing in Rutherford 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.

Rachell Square Apartments

115 Eds Dr, Rutherford, Tennessee 3836

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

What HUD offices serve Rutherford, 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 Rutherford, Tennessee.

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

How many renters live in Rutherford, Tennessee?

The City of Rutherford has 1,221 people living in 473 households.

There are 383 renters living in 119 renter households in this City. Renters make up 31.37 percent of the population living in Rutherford.

What is the rental market like in Rutherford, Tennessee?

There are an estimated 557 housing units in the Rutherford area. Of these, 119 units are rental homes, making up 21 percent of the housing market. For every renter household in Rutherford, Tennessee, there are 1 rental units.

What is the vacancy rate for rentals in Rutherford?

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

Occupied Rental Units by Size in Rutherford
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
0 0 30 74 6
Occupied Rental Units by Size in Rutherford

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

Among renter households in this market, 16 percent have housing cost burden. Further, 9 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 Rutherford

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 Rutherford, Tennessee

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

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 30 100 percent
Rental Units Below FMR in Rutherford, Tennessee

How many affordable rental units are in Rutherford?

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

Federal Program Unit Count
USDA Section 515 Rural Rental Housing 12
Tracked Units by Federal Program in Rutherford, Tennessee

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

Income Based Apartments in Rutherford, Tennessee

Rutherford features 12 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 Rutherford, Tennessee

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

Housing Choice Vouchers in Rutherford, Tennessee

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

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

Sourced from federal housing data and AffordableHousingOnline.com research.