What HUD offices serve Sevierville, 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.
Go to the Tennessee Public Housing and Low-Income Apartments Waiting Lists page for openings near Sevierville.
How many renters live in Sevierville, Tennessee?
The City of Sevierville has people living in households.
There are renters living in renter households in this City. Renters make up 43.73 percent of the population living in Sevierville.
What is the rental market like in Sevierville, Tennessee?
There are an estimated housing units in the Sevierville area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Sevierville, Tennessee, there are 1.05 rental units.
What is the vacancy rate for rentals in Sevierville?
The rental vacancy rate in Sevierville is 3 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 Sevierville for each bedroom size?
Occupied Rental Units by Size in Sevierville
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 41 | 625 | 1,766 | 748 | 111 |
Occupied Rental Units by Size in Sevierville
A large number of apartments in Sevierville have two or fewer bedrooms. Seniors and young professionals especially may have more success finding an apartment that meets their needs.
How Much Is Rent in Sevierville
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 Sevierville, Tennessee
How many units are rented at Fair Market Rent (FMR) in Sevierville?
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 | 41 | 100 percent |
| One BR | 357 | 57 percent |
| Two BR | 1,141 | 65 percent |
Rental Units Below FMR in Sevierville, Tennessee
How many affordable rental units are in Sevierville?
There are a variety of federal affordable housing programs serving households in Sevierville, Tennessee including the following:
| Federal Program | Unit Count |
| Low Income Housing Tax Credit | |
| Public Housing | |
| Section 8 Project-Based Rental Assistance | |
| Section 202 Supportive Housing for the Elderly | |
| USDA Section 515 Rural Rental Housing |
Tracked Units by Federal Program in Sevierville, Tennessee
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in Sevierville, Tennessee
Sevierville features 435 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 Sevierville, Tennessee
There are 383 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Sevierville.
Housing Choice Vouchers in Sevierville, Tennessee
On average, Section 8 Housing Choice vouchers pay Sevierville landlords $500 per month towards rent. The average voucher holder contributes $300 towards rent in Sevierville.
The maximum amount a voucher would pay on behalf of a low-income tenant in Sevierville, Tennessee for a two-bedroom apartment is between $974 and $1,190.
Sourced from federal housing data and AffordableHousingOnline.com research.
