Low Income Apartments In Chester County
Tennessee

Low Income Apartments In Chester County

Henderson View Apartments

740 Fourth St
Henderson, TN
Subsidized

Hillview Manor Apartments

597 Sanford Hill Rd
Henderson, TN
Subsidized

Heritage Towers

310 E University St
Henderson, TN
62+
Accessible
Elderly Supportive Housing
Subsidized

Arrington Estates of Henderson

Hwy 200 & Luray Rd
Henderson, TN

Arrington Estates of Henderson

547 Pinehurst Dr
Henderson, TN
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There are 5 low income housing apartment complexes which contain 296 affordable apartments for rent in Chester County, Tennessee. Many of these rental apartments are income based housing with about 196 apartments that set rent based on your income. Often referred to as "HUD apartments", there are 120 Project-Based Section 8 subsidized apartments in Chester County. There are 100 other low income apartments that don't have rental assistance but are still considered to be affordable housing for low income families.

Housing Authorities that serve Chester County

Housing Authority Programs
Tennessee Housing Development Agency Central Office Section 8 Housing Choice Voucher
Tennessee Housing Development Agency West Tennessee Office Section 8 Housing Choice Voucher; Homeownership Voucher; Family Self-sufficiency; Veteran Affairs Supportive Housing; Mainstream Voucher

Guide To Affordable Housing in Chester County, Tennessee

Chester County, TN Affordable Housing Snapshot

Total Affordable Apartment Properties 5
Total Low Income Apartments 296
Total Rent Assisted Apartments 196
Percentage of Housing Units Occupied By Renters 25.93%
Average Renter Household Size 3.00
Total Population 17,324
Housing Units 6,074
Average Household Size 2.66
Median Household Income $40,167 ±$5,973
Median Rent $655 ±$47
Percentage Of Renters Overburdened 47.81% ± 10.95pp

Population and Household Demographics

Chester County is a County in Tennessee with a population of 17,324. There are 6,074 households in the county with an average household size of 2.66 persons. 25.93% of households in Chester County are renters.

Income and Rent Overburden in Chester County

The median gross income for households in Chester County is $40,167 a year, or $3,347 a month. The median rent for the county is $655 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Chester County, a household making less than $2,183 a month would be considered overburdened when renting an apartment at or above the median rent. 47.81% of households who rent are overburdened in Chester County.1

Area Median Income In Chester County

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.

In Chester County, HUD calculates the Area Median Income for a family of four as $58,600

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 Chester County

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 Chester County HUD Rental Assistance in Chester County

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $12,350 $16,460 $20,780 $25,100 $29,420 $33,740 $36,350 $38,700
50% of Median $20,550 $23,450 $26,400 $29,300 $31,650 $34,000 $36,350 $38,700
80% of Median $32,850 $37,550 $42,250 $46,900 $50,700 $54,450 $58,200 $61,950
Low Income Housing Tax Credits in Chester County

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

From 2005 to 2005, 1 low income apartment communities containing 50 rental apartments have been constructed and made affordable to low income persons in Chester County 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 Chester County

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
60% of Median $24,660 $28,140 $31,680 $35,160 $37,980 $40,800 $43,620 $46,440

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 Chester County is $31,680 a year, or $2,640 a month. To determine the maximum rent in the table below we multiply the monthly maximum income, $2,640 by 30% to get a maximum rent of $792 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% $514 $550 $660 $762 $850 $938
60% $617 $660 $792 $914 $1,020 $1,126
Fair Market Rents in Chester County

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.

2019 Fair Market Rents
Studio One BR Two BR Three BR Four BR
$498 $634 $775 $1,085 $1,172

Cities In Chester County

Select A City to View its Apartment Communities and Waiting Lists.

City Listings Served By
Henderson 5 The HUD funded Public Housing Agencies that serve Henderson are the Tennessee Housing Development Agency Central Office and Tennessee Housing Development Agency West Tennessee Office.
Enville 0 The HUD funded Public Housing Agencies that serve Enville are the Tennessee Housing Development Agency Central Office and Tennessee Housing Development Agency West Tennessee Office.
Milledgeville 0 The HUD funded Public Housing Agencies that serve Milledgeville are the Tennessee Housing Development Agency Central Office and Tennessee Housing Development Agency West Tennessee Office.
Silerton 0 The HUD funded Public Housing Agencies that serve Silerton are the Tennessee Housing Development Agency Central Office and Tennessee Housing Development Agency West Tennessee Office.