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

Discover affordable housing in Selmer where there are 4+ 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.

Selmer Townhouses

408 Florence Ave, Selmer, Tennessee 38375

Eaglewood III Apartments

195 Bethesda Rd, Selmer, Tennessee 38375

Rosewood Place Apartments

200 Redbud St, Selmer, Tennessee 38375

Hillcrest Meadows

1 Alta Vista St, Selmer, Tennessee

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

What HUD offices serve Selmer, 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 Selmer, Tennessee.

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

How many renters live in Selmer, Tennessee?

The City of Selmer has 4,444 people living in 1,783 households.

There are 1,738 renters living in 508 renter households in this City. Renters make up 39.11 percent of the population living in Selmer.

What is the rental market like in Selmer, Tennessee?

There are an estimated 2,197 housing units in the Selmer area. Of these, 508 units are rental homes, making up 23 percent of the housing market. For every renter household in Selmer, Tennessee, there are 1 rental units.

What is the vacancy rate for rentals in Selmer?

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

Occupied Rental Units by Size in Selmer
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
19 13 199 277 0
Occupied Rental Units by Size in Selmer

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

Among renter households in this market, 31 percent have housing cost burden. Further, 13 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 Selmer

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $651 to $1,329. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $651
One BR $655
Two BR $861
Three BR $1,189
Four BR $1,329
2024 Fair Market Rents in Selmer, Tennessee

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

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 12 63 percent
One BR 10 77 percent
Two BR 199 100 percent
Rental Units Below FMR in Selmer, Tennessee

How many affordable rental units are in Selmer?

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

Federal Program Unit Count
Section 8 Project-Based Rental Assistance 40
USDA Section 515 Rural Rental Housing 78
Tracked Units by Federal Program in Selmer, Tennessee

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

Income Based Apartments in Selmer, Tennessee

Selmer features 78 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 Selmer, Tennessee

There are 64 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Selmer.

Housing Choice Vouchers in Selmer, Tennessee

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

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

Sourced from federal housing data and AffordableHousingOnline.com research.