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.
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 people living in households.
There are renters living in 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 housing units in the Bristol area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Bristol, Tennessee, there are 1.07 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 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: Rental units may be funded in part by multiple federal programs.Federal Program Unit Count Low Income Housing Tax Credit Public Housing Section 8 Project-Based Rental Assistance Section 202 Supportive Housing for the Elderly Section 811 Supportive Housing for Persons with Disabilities Tracked Units by Federal Program in Bristol, Tennessee
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.