What HUD offices serve Chattanooga, 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 Chattanooga.
How many renters live in Chattanooga, Tennessee?
The City of Chattanooga has 184,071 people living in 76,930 households.
There are 68,756 renters living in 32,550 renter households in this City. Renters make up 37.35 percent of the population living in Chattanooga.
What is the rental market like in Chattanooga, Tennessee?
There are an estimated 86,737 housing units in the Chattanooga area. Of these, 34,693 units are rental homes, making up 40 percent of the housing market. For every renter household in Chattanooga, Tennessee, there are 1 rental units.
What is the vacancy rate for rentals in Chattanooga?
The rental vacancy rate in Chattanooga is 4 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 Chattanooga for each bedroom size?
Occupied Rental Units by Size in Chattanooga
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 1,426 | 10,270 | 14,623 | 5,090 | 1,004 |
Occupied Rental Units by Size in Chattanooga
A large number of apartments in Chattanooga 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 Chattanooga are overburdened by housing costs?
Among renter households in this market, 42 percent have housing cost burden. Further, 18 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 Chattanooga
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $1,068 to $1,784. FMRs are updated annually by HUD for every city and county nationwide.
| Bed Size | 2024 Fair Market Rents |
| Studio | $1,068 |
| One BR | $1,085 |
| Two BR | $1,232 |
| Three BR | $1,569 |
| Four BR | $1,784 |
2024 Fair Market Rents in Chattanooga, Tennessee
How many units are rented at Fair Market Rent (FMR) in Chattanooga?
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 | 647 | 45 percent |
| One BR | 5,948 | 58 percent |
| Two BR | 7,674 | 52 percent |
Rental Units Below FMR in Chattanooga, Tennessee
How many affordable rental units are in Chattanooga?
There are a variety of federal affordable housing programs serving households in Chattanooga, Tennessee including the following:
| Federal Program | Unit Count |
| Low Income Housing Tax Credit | 2,478 |
| Public Housing | 1,640 |
| Section 8 Project-Based Rental Assistance | 2,234 |
| Section 202 Supportive Housing for the Elderly | 43 |
| Section 811 Supportive Housing for Persons with Disabilities | 58 |
Tracked Units by Federal Program in Chattanooga, Tennessee
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in Chattanooga, Tennessee
Chattanooga features 4,306 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 Chattanooga, Tennessee
There are 1,278 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Chattanooga.
Housing Choice Vouchers in Chattanooga, Tennessee
On average, Section 8 Housing Choice vouchers pay Chattanooga landlords $600 per month towards rent. The average voucher holder contributes $300 towards rent in Chattanooga.
The maximum amount a voucher would pay on behalf of a low-income tenant in Chattanooga, Tennessee for a two-bedroom apartment is between $1,109 and $1,355.
Sourced from federal housing data and AffordableHousingOnline.com research.
