Affordable Housing In Centerville
Hickman County, Tennessee

4 Low Income Apartment Communities In Centerville

Pinetree Village

45 Pinetree Village
Centerville, TN

Tulipwood Apartments

100 E Swan St
Centerville, TN
62+
Accessible
Elderly Supportive Housing
Subsidized

Centerville Assoc

100 Centerville Village Dr
Centerville, TN
Subsidized

Duck River Apartments

500 Battery C Field Artillery Dr
Centerville, TN
Accessible
Disabled Supportive Housing
Subsidized
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Housing Authorities that serve Centerville

Housing Authority Programs
Tennessee Housing Development Agency Central Office Section 8 Housing Choice Voucher (HCV)
Tennessee Housing Development Agency South Central Tennessee Office Section 8 Housing Choice Voucher (HCV)

Guide To Affordable Housing in Centerville, Tennessee

There are 4 low income housing apartment communities offering 142 affordable apartments for rent in Centerville, Tennessee. Centerville features 142 low income apartments with rental assistance where households typically pay no more than 30% of their income towards rent. Additionally, there are 0 other low income apartments that don't provide direct rental assistance but remain affordable to low income households in Centerville.

Sourced from federal housing data and AffordableHousingOnline.com research.

Centerville, TN Affordable Housing Snapshot

Total Affordable Apartment Properties 4
Total Low Income Apartments 142
Total Housing Units with Rental Assistance 142
Percentage of Housing Units Occupied By Renters 26.06%
Average Renter Household Size 1.92
Average Household Size 2.19
Median Household Income $36,368 ±$7,283
Median Rent $541 ±$93
Percentage Of Renters Overburdened 64.03% ± 25.09pp
Total Population 3,572

Population and Household Demographics

Centerville is a City in Hickman County, Tennessee with a population of 3,572. There are 1,504 households in the city with an average household size of 2.19 persons. 26.06% of households in Centerville are renters.

Income and Rent Overburden in Centerville

The median gross income for households in Centerville is $36,368 a year, or $3,031 a month. The median rent for the city is $541 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Centerville, a household making less than $1,803 a month would be considered overburdened when renting an apartment at or above the median rent. 64.03% of households who rent are overburdened in Centerville.1

Area Median Income In Centerville

Affordable housing program eligibility is always determined by one's income. Each household's income is compared to the incomes of all other households in the area. This is accomplished through a statistic established by the government called the Area Median Income, most often referred to as AMI. The AMI is calculated and published each year by HUD.

HUD often uses an area larger than a city to determine the AMI because HUD anticipates those searching for housing will look beyond individual cities during their housing search. For Centerville, the AMI is calculated from all households within Hickman County.

In Centerville, HUD calculates the Area Median Income for a family of four as $48,500

Most affordable housing programs determine eligibility based on the percent of AMI a given household's income is. Among the programs that determine eligibility based on the AMI are Section 8, HOME, LIHTC, Section 515, 202 and 811.

Rental Assistance in Centerville

Rental assistance is a type of housing subsidy that pays for a portion of a renter’s monthly housing costs, including rent and tenant paid utilities. This housing assistance can come in the form of Section 8 Housing Choice Vouchers, project-based Section 8 contracts, public housing, USDA Rental Assistance (in Section 515 properties) as well as HUD Section 202 and 811 properties for elderly and disabled households.

Income Qualifications for Centerville HUD Rental Assistance in Centerville

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $12,490 $16,910 $21,330 $25,750 $28,350 $30,450 $32,550 $34,650
50% of Median $18,400 $21,000 $23,650 $26,250 $28,350 $30,450 $32,550 $34,650
80% of Median $29,400 $33,600 $37,800 $42,000 $45,400 $48,750 $52,100 $55,450
Low Income Housing Tax Credits in Centerville

The Low-Income Housing Tax Credit (LIHTC) program aims to create affordable rental housing for low and very low income families.

From 1989 to 1989, 2 low income apartment communities containing 49 rental apartments have been constructed and made affordable to low income persons in Centerville by the Low Income Housing Tax Credit Program.

If your income is less than 60% of the Area Median Income (AMI), you should not expect to pay more than the rent value for a unit in the table below. However, Affordable apartment communities that receive funding through the Low Income Housing Tax Credit program may have rental units that are not subject to income and rent limits.

Rent limits for the LIHTC Program are determined so that a household making the maximum income for the expected household size of the unit would only pay 30% of their income for rent.

Income Qualifications for Low Income Housing Tax Credit Apartments in Centerville

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
50% of Median $18,400 $21,000 $23,650 $26,250 $28,350 $30,450 $32,550 $34,650
60% of Median $22,080 $25,200 $28,380 $31,500 $34,020 $36,540 $39,060 $41,580

For example, the expected household size for a two bedroom apartment is 3 people. Using the table above, the maximum income for a 3 person household at 60% of the AMI in Centerville is $28,380 a year, or $2,365 a month. To determine the maximum rent in the table below we multiply the monthly maximum income, $2,365 by 30% to get a maximum rent of $710 a month.

Rent for units in the LIHTC Program include a utility allowance which is determined by the average monthly cost of utilities paid directly by residents. This allowance has not been subtracted from the rents in the table below. These utility allowances are set on a property by property basis.

% of AMI Studio 1 Bed 2 Bed 3 Bed 4 Bed 5 Bed
50% $460 $493 $591 $683 $761 $840
60% $552 $591 $710 $819 $914 $1,008
Fair Market Rents in Centerville

Fair Market Rents, often abbreviated as FMR, can be used to better understand the average housing costs of an area. Notably, Fair Market Rents are used to establish the payment standards for the Housing Choice Voucher Program, maximum rents in HOME financed rental projects and initial rents for Section 8 project based assistance.

2020 Fair Market Rents
Studio One BR Two BR Three BR Four BR
$617 $691 $787 $981 $1,382