Low Income Apartments In Dyer County
Tennessee

Low Income Apartments In Dyer County

Greentree Apartments

725 US Highway 51 Byp E
Dyersburg, TN
Income Based
1-3 BR
Subsidized

St Joseph Village

885 US Highway 51 Byp W
Dyersburg, TN
62+
Accessible
Elderly Supportive Housing
HCV Welcome
Subsidized

Oakview Apartments

200 Wheatley Drive Ext
Newbern, TN
Subsidized

Mciver Manor Apartments

745 Tucker Street
Dyersburg, TN
Subsidized

Wesley Homes of Dyersburg

850 US Highway 51 Byp N
Dyersburg, TN
62+
Accessible
Elderly Supportive Housing
Subsidized

The Willows

1011 Caleb Dr
Dyersburg, TN
Accessible
Disabled Supportive Housing
Subsidized

Wesley Hills - Dyersburg

1020 Caleb Dr
Dyersburg, TN
62+
Accessible
Elderly Supportive Housing
Subsidized

Kc Home of Newbern

807 E Highway 77
Newbern, TN
62+
Accessible
Elderly Supportive Housing
Subsidized

107 Jones St

107 Jones St
Newbern, TN

Forked Deer Group Home

2064 Ellen Dr
Dyersburg, TN
62+
Accessible
Elderly Supportive Housing
Subsidized

There are 15 low income housing apartment complexes which contain 1,111 affordable apartments for rent in Dyer County, Tennessee. Many of these rental apartments are income based housing with about 935 apartments that set rent based on your income. Often referred to as "HUD apartments", there are 180 Project-Based Section 8 subsidized apartments in Dyer County. There are 176 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 Dyer County

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

Other Housing Authorities located in Dyer County

Housing Authority Programs
Dyersburg Housing Authority Public Housing
Newbern Housing Authority Public Housing

Guide To Affordable Housing in Dyer County, Tennessee

Dyer County, TN Affordable Housing Snapshot

Total Affordable Apartment Properties 15
Total Low Income Apartments 1,111
Total Rent Assisted Apartments 935
Percentage of Housing Units Occupied By Renters 35.68%
Average Renter Household Size 2.63
Total Population 38,054
Housing Units 14,931
Average Household Size 2.51
Median Household Income $42,468 ±$3,230
Median Rent $618 ±$22
Percentage Of Renters Overburdened 35.92% ± 6.44pp

Population and Household Demographics

Dyer County is a County in Tennessee with a population of 38,054. There are 14,931 households in the county with an average household size of 2.51 persons. 35.68% of households in Dyer County are renters.

Income and Rent Overburden in Dyer County

The median gross income for households in Dyer County is $42,468 a year, or $3,539 a month. The median rent for the county is $618 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Dyer County, a household making less than $2,060 a month would be considered overburdened when renting an apartment at or above the median rent. 35.92% of households who rent are overburdened in Dyer County.1

Area Median Income In Dyer 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 Dyer County, HUD calculates the Area Median Income for a family of four as $58,200

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 Dyer 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 Dyer County HUD Rental Assistance in Dyer County

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $12,140 $16,460 $20,780 $25,100 $29,420 $33,350 $35,650 $37,950
50% of Median $20,150 $23,000 $25,900 $28,750 $31,050 $33,350 $35,650 $37,950
80% of Median $32,200 $36,800 $41,400 $46,000 $49,700 $53,400 $57,050 $60,750
Low Income Housing Tax Credits in Dyer County

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

From 1988 to 2001, 2 low income apartment communities containing 160 rental apartments have been constructed and made affordable to low income persons in Dyer 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 Dyer County

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
60% of Median $24,180 $27,600 $31,080 $34,500 $37,260 $40,020 $42,780 $45,540

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 Dyer County is $31,080 a year, or $2,590 a month. To determine the maximum rent in the table below we multiply the monthly maximum income, $2,590 by 30% to get a maximum rent of $777 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% $504 $539 $648 $748 $834 $920
60% $605 $647 $777 $897 $1,001 $1,104
Fair Market Rents in Dyer 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
$473 $485 $642 $928 $971

Cities In Dyer County

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

City Listings Served By
Dyersburg 12 The HUD funded Public Housing Agencies that serve Dyersburg are the Dyersburg Housing Authority and Tennessee Housing Development Agency West Tennessee Office.
Newbern 3 The HUD funded Public Housing Agencies that serve Newbern are the Newbern Housing Authority and Tennessee Housing Development Agency West Tennessee Office.
Trimble 0 The HUD funded Public Housing Agency that serves Trimble is the Tennessee Housing Development Agency West Tennessee Office.