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

Discover affordable housing in Unicoi County where there are 4+ 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.

Four Seasons Apartments CO George Morosani

200 Four Seasons Cir, Erwin, Tennessee 37650

Erwin Ha

750 Carolina Ave, Erwin, Tennessee 37650

Whispering Meadows

1821 Zane Whitson Dr, Erwin, Tennessee 37650

Meadowood Park

1126 E Erwin Rd, Erwin, Tennessee 37650

calendar_today Opened: Jun 23
Open Until Further Notice

Reported On December 21st, 2023 by Ayat Elkarib

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Unicoi County, Tennessee
$20.27/hour
$13.02 (+180%) more than Tennessee minimum wage and $13.02 (+180%) more than the Federal minimum wage.
Learn More About Unicoi County, Tennessee Affordable Housing ↓

What HUD offices serve Unicoi 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), Public Housing, Homeownership Voucher, Family Self-Sufficiency, Section 8 Project-Based Voucher (PBV) programs for Unicoi County, Tennessee.

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

How many renters live in Unicoi County, Tennessee?

The County of Unicoi County has 17,845 people living in 7,654 households.

There are 3,724 renters living in 2,042 renter households in this County. Renters make up 20.87 percent of the population living in Unicoi County.

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

There are an estimated 8,733 housing units in the Unicoi County area. Of these, 2,089 units are rental homes, making up 24 percent of the housing market. For every renter household in Unicoi County, Tennessee, there are 1 rental units.

What is the vacancy rate for rentals in Unicoi County?

The rental vacancy rate in Unicoi County is 2 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 Unicoi County for each bedroom size?

Occupied Rental Units by Size in Unicoi County
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
76 368 1,009 508 81
Occupied Rental Units by Size in Unicoi County

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

Among renter households in this market, 46 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 Unicoi County

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $864 to $1,561. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $864
One BR $870
Two BR $1,070
Three BR $1,343
Four BR $1,561
2024 Fair Market Rents in Unicoi County, Tennessee

How many units are rented at Fair Market Rent (FMR) in Unicoi 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
Studio 76 100 percent
One BR 316 86 percent
Two BR 820 81 percent
Rental Units Below FMR in Unicoi County, Tennessee

How many affordable rental units are in Unicoi County?

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

Federal Program Unit Count
Low Income Housing Tax Credit 64
Public Housing 73
Section 8 Project-Based Rental Assistance 65
Section 202 Supportive Housing for the Elderly 1
USDA Section 515 Rural Rental Housing 48
Tracked Units by Federal Program in Unicoi County, Tennessee

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

Income Based Apartments in Unicoi County, Tennessee

Unicoi County features 161 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 Unicoi County, Tennessee

There are 64 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Unicoi County.

Housing Choice Vouchers in Unicoi County, Tennessee

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Unicoi County, Tennessee for a two-bedroom apartment is between $963 and $1,177.

Sourced from federal housing data and AffordableHousingOnline.com research.