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

Discover affordable housing in Tazewell where there are 5+ 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.

Colonial Manor

311 Coffey St, Tazewell, Tennessee 37879

The Peaks of Tazewell

474 Tom Ball Road, Tazewell, Tennessee 37879

East Ridge Apartments, Ltd

354 Mcvey Rd, Tazewell, Tennessee 0

Five Rivers Service, Inc

1913 Cedar Dr, Tazewell, Tennessee 37879

New Tazewell Tazewell Luttrell

229 Cumberland St, Tazewell, Tennessee 37779

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

What HUD offices serve Tazewell, 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 Tazewell, Tennessee.

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

How many renters live in Tazewell, Tennessee?

The City of Tazewell has 2,207 people living in 946 households.

There are 947 renters living in 409 renter households in this City. Renters make up 42.91 percent of the population living in Tazewell.

What is the rental market like in Tazewell, Tennessee?

There are an estimated 1,041 housing units in the Tazewell area. Of these, 468 units are rental homes, making up 45 percent of the housing market. For every renter household in Tazewell, Tennessee, there are 1 rental units.

What is the vacancy rate for rentals in Tazewell?

The rental vacancy rate in Tazewell is 13 percent. This is a higher than average vacancy rate. When rental vacancy rates are high it means that there are a lot of available units and rents tend to be lower.

How many rental units are in Tazewell for each bedroom size?

Occupied Rental Units by Size in Tazewell
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
0 70 149 181 5
Occupied Rental Units by Size in Tazewell

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

Among renter households in this market, 37 percent have housing cost burden. Further, 9 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 Tazewell

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $707 to $1,147. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $707
One BR $767
Two BR $861
Three BR $1,127
Four BR $1,147
2024 Fair Market Rents in Tazewell, Tennessee

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

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 64 91 percent
Two BR 129 87 percent
Rental Units Below FMR in Tazewell, Tennessee

How many affordable rental units are in Tazewell?

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

Federal Program Unit Count
Low Income Housing Tax Credit 56
Public Housing 64
Section 8 Project-Based Rental Assistance 30
Tracked Units by Federal Program in Tazewell, Tennessee

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

Income Based Apartments in Tazewell, Tennessee

Tazewell features 290 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 Tazewell, Tennessee

There are 56 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Tazewell.

Housing Choice Vouchers in Tazewell, Tennessee

On average, Section 8 Housing Choice vouchers pay Tazewell landlords $500 per month towards rent. The average voucher holder contributes $300 towards rent in Tazewell.

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

Sourced from federal housing data and AffordableHousingOnline.com research.