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

Discover affordable housing in Springfield where there are 11+ 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.

The Flats at Mooreland

105 Mooreland Dr., Springfield, Tennessee 37172

Robinhood Apartments

2614 S Main St, Springfield, Tennessee 37172

Country Place Apartments

2599 S Main St, Springfield, Tennessee 37172

Skyview Terrace Apartments

500 Skyview Ter, Springfield, Tennessee 37172

Southfield Apartments

100 Southfield Dr, Springfield, Tennessee 37172

17th Street Apartments

2565 17th Ave E, Springfield, Tennessee 37172

Woodland Apartments

415 22nd Ave E, Springfield, Tennessee 37172

Mckendree at Springfield

1103 5th Ave W, Springfield, Tennessee 37172

Springfield Apts

400 East 22nd Ave, Springfield, Tennessee

Mckendree Arbors Springfield

W 5th Ave, Springfield, Tennessee 37172

Carden Heights

303 20th Ave E, Springfield, Tennessee 37172

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Springfield, Tennessee
$30.66/hour
$23.41 (+323%) more than Tennessee minimum wage and $23.41 (+323%) more than the Federal minimum wage.
Learn More About Springfield, Tennessee Affordable Housing ↓

What HUD offices serve Springfield, 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 Springfield, Tennessee.
Operates the Section 8 Housing Choice Voucher (HCV), Family Self-Sufficiency, Mainstream Voucher, Homeownership programs for Springfield, Tennessee.

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

How many renters live in Springfield, Tennessee?

The City of Springfield has 18,775 people living in 6,946 households.

There are 8,423 renters living in 3,022 renter households in this City. Renters make up 44.86 percent of the population living in Springfield.

What is the rental market like in Springfield, Tennessee?

There are an estimated 7,351 housing units in the Springfield area. Of these, 3,251 units are rental homes, making up 44 percent of the housing market. For every renter household in Springfield, Tennessee, there are 1 rental units.

What is the vacancy rate for rentals in Springfield?

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

Occupied Rental Units by Size in Springfield
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
81 432 1,126 1,017 318
Occupied Rental Units by Size in Springfield

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

Among renter households in this market, 45 percent have housing cost burden. Further, 22 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 Springfield

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $1,404 to $2,482. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $1,404
One BR $1,442
Two BR $1,619
Three BR $2,035
Four BR $2,482
2024 Fair Market Rents in Springfield, Tennessee

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

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 70 86 percent
One BR 423 98 percent
Two BR 1,037 92 percent
Rental Units Below FMR in Springfield, Tennessee

How many affordable rental units are in Springfield?

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

Federal Program Unit Count
Low Income Housing Tax Credit 279
Public Housing 364
Section 8 Project-Based Rental Assistance 96
Section 202 Supportive Housing for the Elderly 55
USDA Section 515 Rural Rental Housing 204
Tracked Units by Federal Program in Springfield, Tennessee

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

Income Based Apartments in Springfield, Tennessee

Springfield features 616 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 Springfield, Tennessee

There are 314 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Springfield.

Housing Choice Vouchers in Springfield, Tennessee

On average, Section 8 Housing Choice vouchers pay Springfield landlords $600 per month towards rent. The average voucher holder contributes $400 towards rent in Springfield.

The maximum amount a voucher would pay on behalf of a low-income tenant in Springfield, Tennessee for a two-bedroom apartment is between $1,457 and $1,781.

Sourced from federal housing data and AffordableHousingOnline.com research.