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

Discover affordable housing in Sevierville where there are 14+ 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.

Gateway Village

120 W Paine St, Sevierville, Tennessee 37862

Woodland Park Apartments

202 Hardin Ln, Sevierville, Tennessee 37862

Riverview Apartments

315 Howard Dr, Sevierville, Tennessee 37862

Mildred Miller Group Home

1259 Llama Ln, Sevierville, Tennessee 37862

Forest Cove

2121 New Era Rd., Sevierville, Tennessee 37862

Douglas Greene

3936 Snyder Rd., Sevierville, Tennessee 37764

Riverpark Apartments II

1110 Old Knoxville Hwy, Sevierville, Tennessee 37862

Gist Creek Apartments

446 Gists Creek Rd, Sevierville, Tennessee 37876

Dogwood Ridge Apartments

1263 Smithwood Rd, Sevierville, Tennessee 37862

Leconte Terrace

Maggie Mack Ln, Sevierville, Tennessee 37862

Park Village Apartments

905 Park Rd, Sevierville, Tennessee 37862

Ridgewood Village

716 Cp Wilson Dr, Sevierville, Tennessee 37863

Mt View Apartments

301 Hardin Ln, Sevierville, Tennessee 37862

Vol Housing Dev Sevierville

220 Maggie Mack Ln, Sevierville, Tennessee 37862

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

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.

Operates the Public Housing programs for Sevierville, Tennessee.
Operates the Section 8 Housing Choice Voucher (HCV), Family Self-Sufficiency, Mainstream Voucher, Homeownership programs for Sevierville, Tennessee.

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 17,986 people living in 7,159 households.

There are 7,865 renters living in 3,340 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 8,872 housing units in the Sevierville area. Of these, 3,492 units are rental homes, making up 39 percent of the housing market. For every renter household in Sevierville, Tennessee, there are 1 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 many renter households in Sevierville are overburdened by housing costs?

Among renter households in this market, 41 percent have housing cost burden. Further, 17 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 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 382
Public Housing 144
Section 8 Project-Based Rental Assistance 85
Section 202 Supportive Housing for the Elderly 85
USDA Section 515 Rural Rental Housing 68
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.