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Affordable Housing In Decatur
Meigs County, Tennessee

2 Low Income Apartment Communities In Decatur

Pinewood Apartments

Rt 4 River Rd
Decatur, Tennessee
Subsidized

Meigs Heights Apartments

166 Meigs Heights Ln
Decatur, Tennessee
Subsidized
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Housing Authorities that serve Decatur

Housing Authority Programs
Dayton Housing Authority Section 8 Housing Choice Voucher (HCV); Public Housing

Guide To Affordable Housing in Decatur, Tennessee

There are 2 low income housing apartment communities offering 48 affordable apartments for rent in Decatur, Tennessee.

Income Based Apartments in Decatur, Tennessee

Decatur features 48 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 Decatur, Tennessee

There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Decatur.

Housing Choice Vouchers in Decatur, Tennessee

On average, Section 8 Housing Choice vouchers pay Decatur landlords $400 per month towards rent. The average voucher holder contributes $200 towards rent in Decatur.

The maximum amount a voucher would pay on behalf of a low-income tenant in Decatur, Tennessee for a two-bedroom apartment is between $584 and $714.

2020 Decatur, 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 $492 $570 $649 $936 $969
Payment Standard Range $443 to $541 $513 to $627 $584 to $714 $842 to $1,030 $872 to $1,066

Sourced from federal housing data and AffordableHousingOnline.com research.

Decatur, TN Affordable Housing Snapshot

Total Affordable Apartment Properties 2
Total Low Income Apartments 48
Total Housing Units with Rental Assistance 48
Percentage of Housing Units Occupied By Renters 33.71%
Average Renter Household Size 2.25
Average Household Size 2.23
Median Household Income $29,141 ±$6,594
Median Rent $562 ±$40
Percentage Of Renters Overburdened 42.58% ± 15.94pp
Total Population 1,523

Population and Household Demographics

Decatur is a city in Meigs County, Tennessee with a population of 1,523. There are 620 households in the city with an average household size of 2.23 persons. 33.71% of households in Decatur are renters.

Income and Rent Overburden in Decatur

The median gross income for households in Decatur is $29,141 a year, or $2,428 a month. The median rent for the city is $562 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Decatur, a household making less than $1,873 a month would be considered overburdened when renting an apartment at or above the median rent. 42.58% of households who rent are overburdened in Decatur.

Area Median Income In Decatur

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 Decatur, the AMI is calculated from all households within Meigs County.

In Decatur, HUD calculates the Area Median Income for a family of four as $49,400

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 Decatur

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 Decatur

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $12,760 $17,240 $21,720 $26,200 $29,600 $31,800 $34,000 $36,200
50% of Median $19,200 $21,950 $24,700 $27,400 $29,600 $31,800 $34,000 $36,200
80% of Median $30,700 $35,100 $39,500 $43,850 $47,400 $50,900 $54,400 $57,900