Buchanan Way Apartments

3099 Buchanan Road Southeast, Cleveland, TN 37323

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  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.

Buchanan Way Apartments are an affordable community offering 1-, 2-, and 3-bedroom units. Some of the amenities offered include an on-site property manager, a business center, and a clubhouse.

Dave's Thoughts On Buchanan Way Apartments

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 Buchanan Way Apartments 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

Buchanan Way Apartments Amenities

  • Business Center
  • Clubhouse
  • On-Site Manager
  • Dishwasher
  • Microwave
  • Washer and Dryer Hookup
  • Walk-in Closet(s)
  • Window Coverings
  • Carpet
  • Refrigerator
  • Oven and Range
  • Balconies or Patios Available
  • High Speed Internet Access
  • Heat and Air
  • Wheel Chair Accessible

Units at Buchanan Way Apartments

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 Buchanan Way Apartments

*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
50% AMI for LIHTC Units $24,200 / year $27,650 / year $31,100 / year $34,550 / year $37,350 / year $40,100 / year
50% AMI for PBRA Units $24,200 / year $27,650 / year $31,100 / year $34,550 / year $37,350 / year $40,100 / year
60% AMI for LIHTC Units $29,040 / year $33,180 / year $37,320 / year $41,460 / year $44,820 / year $48,120 / year

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

FAQs for Buchanan Way Apartments

Does Buchanan Way Apartments have a waiting list?

Buchanan Way Apartments 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 Buchanan Way Apartments?

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.

In addition to Buchanan Way Apartments, how many other affordable housing properties (and units) are there in Cleveland?

In addition to Buchanan Way Apartments, we list 43 other affordable properties in Cleveland. Learn about these properties here. Our data research shows that there are a total of 1577 affordable units in Cleveland.

When was the Buchanan Way Apartments listing last updated?

Buchanan Way Apartments listing on Affordable Housing Online was last updated on 10/11/2023 by Connor Bailey. Remember, a property's status can change so you should contact the property to confirm.

Listings Near Buchanan Way Apartments

Waters Edge Apartments

2360 Blackburn Road SE, Cleveland, Tennessee 37311

bed 1-3
payment Subsidized
accessibility Accessible

Horizon Square Apartments

2324 Georgetown Rd NW, Cleveland, Tennessee 37311

bed 1-3
payment Subsidized

Bradley Place Apartments

435 Kile Ln SW, Cleveland, Tennessee 37311

bed 1-3
switch_access_shortcut Short Wait
accessibility Accessible

Cleveland Summit

44 Inman St, Cleveland, Tennessee 37311

bed Studio-1
switch_access_shortcut Short Wait
payment Subsidized
accessibility Accessible

Parktowne Apartments

2005 Westland Dr SW, Cleveland, Tennessee 37311

switch_access_shortcut Short Wait
accessibility Accessible

Historic Sanda Mills Lofts

140 Edwards St., Cleveland, Tennessee 37311

bed 1-2
switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers
Rent observations may change. We encourage users to verify rents and eligiblity requirements directly with the property.

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