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

Discover affordable housing in Bristol where there are 10+ 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.

Mountain View Apartments

3357 Avoca Rd, Bristol, Tennessee 37620

Steele Creek Housing Corporation

719 Kentucky Ave, Bristol, Tennessee 37620

South Holston Development Corporation

2940 Broad St, Bristol, Tennessee 37620

Ridgeview Bristol Apartments

343 Brown Ave, Bristol, Tennessee 37620

Bristol Resid Dev Corp

2951 Broad St, Bristol, Tennessee 37620

Bristol Community Homes

4121 Old Jonesboro Rd, Bristol, Tennessee 37620

Sage Meadows

661 Meadow View Rd, Bristol, Tennessee 37620

Edgemont Towers

100 Ash St, Bristol, Tennessee 37620

Beaver Run Apartments

1102 N Paperville Rd, Bristol, Tennessee 37620

Family Units

600 Martin Luther King Jr Blvd, Bristol, Tennessee 37620

calendar_today Opened: Jan 10
Open Until Further Notice

Reported On January 10th, 2024 by Lorena Bentley

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Bristol, Tennessee
$17.14/hour
$9.89 (+136%) more than Tennessee minimum wage and $9.89 (+136%) more than the Federal minimum wage.
Learn More About Bristol, Tennessee Affordable Housing ↓

What HUD offices serve Bristol, 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, Veteran Affairs Supportive Housing (VASH) programs for Bristol, Tennessee.

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

How many renters live in Bristol, Tennessee?

The City of Bristol has 27,307 people living in 11,865 households.

There are 8,043 renters living in 4,044 renter households in this City. Renters make up 29.45 percent of the population living in Bristol.

What is the rental market like in Bristol, Tennessee?

There are an estimated 13,090 housing units in the Bristol area. Of these, 4,322 units are rental homes, making up 33 percent of the housing market. For every renter household in Bristol, Tennessee, there are 1 rental units.

What is the vacancy rate for rentals in Bristol?

The rental vacancy rate in Bristol is 5 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 Bristol for each bedroom size?

Occupied Rental Units by Size in Bristol
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
206 1,060 1,632 967 144
Occupied Rental Units by Size in Bristol

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

Among renter households in this market, 39 percent have housing cost burden. Further, 15 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 Bristol

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $677 to $1,335. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $677
One BR $717
Two BR $905
Three BR $1,179
Four BR $1,335
2024 Fair Market Rents in Bristol, Tennessee

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

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 195 95 percent
One BR 773 73 percent
Two BR 934 57 percent
Rental Units Below FMR in Bristol, Tennessee

How many affordable rental units are in Bristol?

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

Federal Program Unit Count
Low Income Housing Tax Credit 192
Public Housing 354
Section 8 Project-Based Rental Assistance 130
Section 202 Supportive Housing for the Elderly 20
Section 811 Supportive Housing for Persons with Disabilities 11
Tracked Units by Federal Program in Bristol, Tennessee

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

Income Based Apartments in Bristol, Tennessee

Bristol features 531 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 Bristol, Tennessee

There are 98 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Bristol.

Housing Choice Vouchers in Bristol, Tennessee

On average, Section 8 Housing Choice vouchers pay Bristol landlords $400 per month towards rent. The average voucher holder contributes $300 towards rent in Bristol.

The maximum amount a voucher would pay on behalf of a low-income tenant in Bristol, Tennessee for a two-bedroom apartment is between $815 and $996.

Sourced from federal housing data and AffordableHousingOnline.com research.