Affordable Housing In Cookeville
Putnam County, Tennessee

14 Low Income Apartment Communities In Cookeville

Terrace Townhomes

1366 Crescent Dr.
Cookeville, Tennessee
Call For Rent
2-3 BR

Algood Manor Apartments

100 Maddux Ct
Cookeville, Tennessee
Call For Rent
1-3 BR

Garden Grove Apartments

300 Quinland Lake Ct
Cookeville, Tennessee

Quinland Ridge

394 4th Avenue
Cookeville, Tennessee

Walnut Village Apartments

201 S Walnut Ave
Cookeville, Tennessee

Laurel Creek

580 Cora Rd
Cookeville, Tennessee
Elderly Supportive Housing

Algood Village

100 Church Ct
Cookeville, Tennessee
Elderly Supportive Housing

Cypress Creek Apartments

600 W 8th St
Cookeville, Tennessee

314 W 9th St

314 W 9th St
Cookeville, Tennessee

Genesis House Dixie and Virginia

1330 N Dixie Ave
Cookeville, Tennessee

Section 8 Vouchers, Apartments, and Waiting Lists in Cookeville, 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.

Households who qualify for these programs may also qualify for Project-Based Section 8, which contributes rental assistance payments directly to private landlords on behalf of low-income tenants. Eligibility for the project-based program is similar to the voucher programs, but waiting list and application policies will vary depending on the landlord.

Public Housing Agencies Serving Cookeville, Tennessee

Housing Authority Programs
Cookeville Housing Authority Public Housing
Tennessee Housing Development Agency Section 8 Housing Choice Voucher (HCV); Family Self-Sufficiency; Mainstream Voucher; Homeownership

Guide To Affordable Housing in Cookeville, Tennessee

There are 14 low income housing apartment communities offering 1,189 affordable apartments for rent in Cookeville, Tennessee.

Income Based Apartments in Cookeville, Tennessee

Cookeville features 735 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 Cookeville, Tennessee

There are 454 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Cookeville.

Housing Choice Vouchers in Cookeville, Tennessee

On average, Section 8 Housing Choice vouchers pay Cookeville landlords $600 per month towards rent. The average voucher holder contributes $300 towards rent in Cookeville.

The maximum amount a voucher would pay on behalf of a low-income tenant in Cookeville, Tennessee for a two-bedroom apartment is between $682 and $834.

2022 Cookeville, Tennessee Fair Market Rents and Housing Choice Voucher Payment Standards

Fair Market Rents can be used to better understand the average housing costs of an area. Fair Market Rents are used by HUD to establish payment and rent standards for federal rental assistance programs like the Section 8 Housing Choice Voucher Program.

Studio One BR Two BR Three BR Four BR
Cookeville, Tennessee Fair Market Rent $572 $576 $758 $1,035 $1,185
Cookeville, Tennessee Payment Standard Range $515 to $629 $518 to $634 $682 to $834 $932 to $1,139 $1,067 to $1,304

Sourced from federal housing data and research.

Cookeville, TN Affordable Housing Snapshot

Total Affordable Apartment Properties 14
Total Low Income Apartments 1,189
Total Housing Units with Rental Assistance 735
Percentage of Housing Units Occupied By Renters 56.46%
Average Renter Household Size 2.09
Average Household Size 2.22
Median Household Income $28,275 ±$3,034
Median Rent $626 ±$20
Percentage Of Renters Overburdened 49.51% ± 4.7pp
Total Population 31,831

Population and Household Demographics

Cookeville is a city in Putnam County, Tennessee with a population of 31,831. There are 13,091 households in the city with an average household size of 2.22 persons. 56.46% of households in Cookeville are renters.

Income and Rent Overburden in Cookeville

The median gross income for households in Cookeville is $28,275 a year, or $2,356 a month. The median rent for the city is $626 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Cookeville, a household making less than $2,087 a month would be considered overburdened when renting an apartment at or above the median rent. 49.51% of households who rent are overburdened in Cookeville.

Area Median Income In Cookeville

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 Cookeville, the AMI is calculated from all households within Putnam County.

In Cookeville, HUD calculates the Area Median Income for a family of four as $60,600

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 Cookeville

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 HUD Rental Assistance in Cookeville

1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% AMI Income Limits
Renters earning up to 30% of the Cookeville AMI may qualify for rental assistance programs that target Extremely Low Income households.
$12,880 $17,420 $21,960 $26,500 $31,040 $34,400 $36,800 $39,150
50% AMI Income Limits
Renters earning up to 50% of the Cookeville AMI may qualify for rental assistance programs that target Very Low Income households.
$20,800 $23,750 $26,700 $29,650 $32,050 $34,400 $36,800 $39,150
80% AMI Income Limits
Renters earning up to 80% of the Cookeville AMI may qualify for rental assistance programs that target Low Income households.
$33,250 $38,000 $42,750 $47,450 $51,250 $55,050 $58,850 $62,650