Chestnut Flats

2108 Chestnut Street, Chattanooga, TN 37408

Waiting List Forecast: Likely Short or None

check_circleVerified for 2023 by Connor Bailey, Lorena Bentley
Rent Beds Baths SqFt
Call for Rents 1 - 3 Beds 1 - 2 Baths -
check_circle  Accepts Section 8 Housing Choice Vouchers (HCV)
check_circle  Project-Based Rental Assistance
check_circle  Family and Senior
check_circle  Affordable

Waitlist Forecast

Since this property is a LIHTC property that might not have a project based rental assistance contract, it is likely that it either has no waiting list or the waiting list is shorter than properties with rental assistance. You should contact the property to verify.

Note: Affordable Housing Online has not confirmed the waiting list status directly with the property. This waiting list status forecast is based on our housing experts' knowledge of similar properties. You should always confirm this status directly with the property.

Welcome home to everything you want in an apartment, including the price! Nestled right outside Downtown Chattanooga, Chestnut Flats provides its residents affordable housing with proximity to outdoor activities, numerous dining options, and abundant shopping. Direct access to I-24 makes getting around a breeze. Spacious 1-, 2-, and 3-bedroom floor plans with sleek fixtures and finishes in this apartment community await your own personal touches. Amenities including a clubhouse and fully equipped fitness center are all just steps from your door!

Dave's Thoughts On Chestnut Flats

This LIHTC property is among the most common types of affordable rental housing in the United States. The LIHTC program only provides subsidies to the building’s owner at construction. No subsidies are provided directly to the residents, but the owner must set rents affordable to low-income renters in the area. Our data suggests Chestnut Flats does not participate in any project-based rent subsidy program. This means you must earn enough to pay the full rent or have your own Section 8 Housing Choice Voucher. For that reason, LIHTC properties tend to have shorter waiting lists or even none at all. LIHTC properties nationwide are required to accept housing vouchers. LIHTC properties were first built in the late 1980's. Because they tend to be newer, these properties are more likely to have larger units, more amenities, and greater tenant service offerings than other affordable housing programs. This property might be right for you if you have a housing voucher or enough income to pay rent, are looking for a high quality property, or need immediate availability. Since this property participates in the LIHTC program, the property is required to accept Section 8 Housing Choice Vouchers.

Dave, Founder AHO

~ Dave Layfield, Founder of Affordable Housing Online

Chestnut Flats Amenities

  • Fitness Center
  • On-Site Manager
  • Gated Community
  • Washer and Dryer Hookup
  • Cable Ready
  • 9 ft. Ceilings
  • Balconies or Patios Available
  • On-Site Maintenance
  • Community Garden
  • Stainless Steel Appliances
  • Smoke Free
  • Large Closets

Units at Chestnut Flats

Unit (Bd/Ba) Ft2 Rent
One Bedroom (1/1) - Call for Price
Two Bedroom (2/2) - Call for Price
Three Bedroom (3/2) - Call for Price

Income Qualification for Chestnut Flats

*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
AMI* 1 person 2 people 3 people 4 people 5 people 6 people
30% AMI for PBRA Units $16,750 / year $19,720 / year $24,860 / year $30,000 / year $35,140 / year $40,280 / year
50% AMI for LIHTC Units $27,900 / year $31,850 / year $35,850 / year $39,800 / year $43,000 / year $46,200 / year
50% AMI for PBRA Units $27,900 / year $31,850 / year $35,850 / year $39,800 / year $43,000 / year $46,200 / year
60% AMI for LIHTC Units $33,480 / year $38,220 / year $43,020 / year $47,760 / year $51,600 / year $55,440 / year
80% AMI for PBRA Units $44,600 / year $51,000 / year $57,350 / year $63,700 / year $68,800 / year $73,900 / year

*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.

FAQs for Chestnut Flats

Does Chestnut Flats have a waiting list?

Chestnut Flats probably doesn't have a waiting list, and, if it does, the wait times are most likely short. We haven't confirmed if this is the case, so you should contact the property to confirm.

Are rents subsidized at Chestnut Flats?

We believe rents are most likely NOT subsidized at any of the units at this property since our research has not discovered any public housing or rental assistance contracts associated with this property. This means you will most likely have to pay the full rent no matter your income. Note: In some rare instances, some properties may have a small number of units subsidized through state or private programs.

What property management company manges Chestnut Flats?

Chestnut Flats is managed by Elmington Property Management headquartered in Nashville, TN.

In addition to Chestnut Flats, how many other affordable housing properties (and units) are there in Chattanooga?

In addition to Chestnut Flats, we list 188 other affordable properties in Chattanooga. Learn about these properties here. Our data research shows that there are a total of 5584 affordable units in Chattanooga.

When was the Chestnut Flats listing last updated?

Chestnut Flats listing on Affordable Housing Online was last updated on 10/24/2023 by Connor Bailey. Remember, a property's status can change so you should contact the property to confirm.

Listings Near Chestnut Flats

Silvertree Seniors of Chattanooga

5465 Highway 58, Chattanooga, Tennessee 37416

bed 1-2
switch_access_shortcut Short Wait
elderly Senior

Bayberry Apartments

2300 Wilson Street, Chattanooga, Tennessee 37406

bed 1-3
payment Subsidized
accessibility Accessible

River View Tower Apartments

500 W Martin Luther King Blvd., Chattanooga, Tennessee 37402

bed Studio-1
payment Subsidized
accessibility Accessible

Magnolia Gardens Apartments

779 Martin Luther King Blvd, Chattanooga, Tennessee 37403

bed 2-3
switch_access_shortcut Short Wait
accessibility Accessible

Maple Hills Apartments

2515 Gilbert Street, Chattanooga, Tennessee 37406

bed 2-3
switch_access_shortcut Short Wait
payment Subsidized
accessibility Accessible

Campbell Ridge

3401 Campbell St, Chattanooga, Tennessee 37406

bed 1-3
payment Subsidized
Rent observations may change. We encourage users to verify rents and eligiblity requirements directly with the property.

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