Affordable Housing In Davidson County
193 Low Income Apartment Communities In Davidson County
Housing Authorities that serve Davidson County
|Metropolitan Development and Housing Agency||Section 8 Housing Choice Voucher (HCV); Public Housing; Family Self-Sufficiency; Veteran Affairs Supportive Housing (VASH)|
Guide To Affordable Housing in Davidson County, Tennessee
There are 193 low income housing apartment communities offering 15,603 affordable apartments for rent in Davidson County, Tennessee.
Income Based Apartments in Davidson County, Tennessee
Davidson County features 9,894 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 Davidson County, Tennessee
There are 5,709 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Davidson County.
Housing Choice Vouchers in Davidson County, Tennessee
On average, Section 8 Housing Choice vouchers pay Davidson County landlords $700 per month towards rent. The average voucher holder contributes $300 towards rent in Davidson County.
The maximum amount a voucher would pay on behalf of a low-income tenant in Davidson County, Tennessee for a two-bedroom apartment is between $1,022 and $1,250.
2020 Davidson County, 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|
|Fair Market Rent||$898||$957||$1,136||$1,484||$1,822|
|Payment Standard Range||$808 to $988||$861 to $1,053||$1,022 to $1,250||$1,336 to $1,632||$1,640 to $2,004|
Sourced from federal housing data and AffordableHousingOnline.com research.
Davidson County, TN Affordable Housing Snapshot
|Total Affordable Apartment Properties||193|
|Total Low Income Apartments||15,603|
|Total Housing Units with Rental Assistance||9,894|
|Percentage of Housing Units Occupied By Renters||45.86%|
|Average Renter Household Size||2.33|
|Average Household Size||2.41|
|Median Household Income||$48,368 ±$869|
|Median Rent||$874 ±$7|
|Percentage Of Renters Overburdened||47.34% ± 1.26pp|
Population and Household Demographics
Davidson County is a county in Tennessee with a population of 658,506. There are 264,211 households in the county with an average household size of 2.41 persons. 45.86% of households in Davidson County are renters.
Income and Rent Overburden in Davidson County
The median gross income for households in Davidson County is $48,368 a year, or $4,031 a month. The median rent for the county is $874 a month.
Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Davidson County, a household making less than $2,913 a month would be considered overburdened when renting an apartment at or above the median rent. 47.34% of households who rent are overburdened in Davidson County.
Area Median Income In Davidson 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 Davidson County, HUD calculates the Area Median Income for a family of four as $82,300
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 Davidson 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 HUD Rental Assistance in Davidson County
|Income||1 Person||2 Person||3 Person||4 Person||5 Person||6 Person||7 Person||8 Person|
|30% of Median||$17,300||$19,800||$22,250||$26,200||$30,680||$35,160||$39,640||$44,120|
|50% of Median||$28,850||$32,950||$37,050||$41,150||$44,450||$47,750||$51,050||$54,350|
|80% of Median||$46,100||$52,700||$59,300||$65,850||$71,150||$76,400||$81,700||$86,950|
Cities In Davidson County
Select A City to View its Apartment Communities and Waiting Lists.
|Belle Meade||The HUD funded Public Housing Agency that serves Belle Meade is the Metropolitan Development and Housing Agency.|
|Berry Hill||The HUD funded Public Housing Agency that serves Berry Hill is the Metropolitan Development and Housing Agency.|
|Forest Hills||The HUD funded Public Housing Agency that serves Forest Hills is the Metropolitan Development and Housing Agency.|
|Goodlettsville||The HUD funded Public Housing Agency that serves Goodlettsville is the Metropolitan Development and Housing Agency.|
|Lakewood||The HUD funded Public Housing Agency that serves Lakewood is the Metropolitan Development and Housing Agency.|
|Nashville||The HUD funded Public Housing Agency that serves Nashville is the Metropolitan Development and Housing Agency.|
|Oak Hill||The HUD funded Public Housing Agency that serves Oak Hill is the Metropolitan Development and Housing Agency.|
|Ridgetop||The HUD funded Public Housing Agency that serves Ridgetop is the Metropolitan Development and Housing Agency.|