Low Income Apartments and Affordable Housing For Rent in Smith County, TN

Discover affordable housing in Smith County where there are 8+ 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 Greene Apartments

118 Meadow Green Ln, Gordonsville, Tennessee 38563

South Carthage Manor

116 Old Lebanon Rd, Carthage, Tennessee 37030

Creekwood Apartments

115 Bradford Pl, Carthage, Tennessee 37030

Skyline Manor I Apartments CO Janice Perrigo

110 Horizon Cir, Carthage, Tennessee 37030

Hickory Hills Apts. C/O Maco Management

122 Hickory Hills Ln, Carthage, Tennessee

Carthage Village

108 Village Dr, Carthage, Tennessee

Rewoda Heights

164 Gordon Dr, Gordonsville, Tennessee 37030

Hickory Hill Apartments

Hwy 70 Hickory Hills Ln, South Carthage, Tennessee 37030

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Smith County, Tennessee
$17.20/hour
$9.95 (+137%) more than Tennessee minimum wage and $9.95 (+137%) more than the Federal minimum wage.
Learn More About Smith County, Tennessee Affordable Housing ↓

What HUD offices serve Smith County, 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 Smith County, Tennessee.

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

How many renters live in Smith County, Tennessee?

The County of Smith County has 20,034 people living in 7,674 households.

There are 4,757 renters living in 1,932 renter households in this County. Renters make up 23.74 percent of the population living in Smith County.

What is the rental market like in Smith County, Tennessee?

There are an estimated 8,577 housing units in the Smith County area. Of these, 1,985 units are rental homes, making up 23 percent of the housing market. For every renter household in Smith County, Tennessee, there are 1 rental units.

What is the vacancy rate for rentals in Smith County?

The rental vacancy rate in Smith County 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 Smith County for each bedroom size?

Occupied Rental Units by Size in Smith County
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
0 123 763 906 130
Occupied Rental Units by Size in Smith County

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

Among renter households in this market, 29 percent have housing cost burden. Further, 20 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 Smith County

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $619 to $1,214. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $619
One BR $691
Two BR $908
Three BR $1,209
Four BR $1,214
2024 Fair Market Rents in Smith County, Tennessee

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

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
One BR 93 76 percent
Two BR 427 56 percent
Rental Units Below FMR in Smith County, Tennessee

How many affordable rental units are in Smith County?

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

Federal Program Unit Count
Low Income Housing Tax Credit 144
Public Housing 167
Section 202 Supportive Housing for the Elderly 14
USDA Section 515 Rural Rental Housing 138
Tracked Units by Federal Program in Smith County, Tennessee

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

Income Based Apartments in Smith County, Tennessee

Smith County features 206 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 Smith County, Tennessee

There are 112 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Smith County.

Housing Choice Vouchers in Smith County, Tennessee

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Smith County, Tennessee for a two-bedroom apartment is between $817 and $999.

Sourced from federal housing data and AffordableHousingOnline.com research.