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Affordable Housing In Elizabethton
Carter County, Tennessee

8 Low Income Apartment Communities In Elizabethton

Village East Apartments

200 North East St
Elizabethton, Tennessee
Subsidized
62+
Accessible
Elderly Supportive Housing

The Courtyard

710 S 2nd St
Elizabethton, Tennessee
Subsidized

Lynnwood Apartments

1235 Bluefield Ave
Elizabethton, Tennessee
Subsidized

Franklin Place

1506 State Line Rd
Elizabethton, Tennessee
Subsidized
62+
Accessible
Elderly Supportive Housing

Lynnridge Apartments

1266 Bluefield Ave
Elizabethton, Tennessee
Subsidized

Mountain Hollow

100 Mountain Hollow Ct
Elizabethton, Tennessee
Accepts Vouchers

Rolling Hills Estate

912 Pine Ridge Cir
Elizabethton, Tennessee

Beasley St Apartments

430 Beasley St
Elizabethton, Tennessee
Accepts Vouchers
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Housing Authorities that serve Elizabethton

Housing Authority Programs
Elizabethton Housing and Development Agency Section 8 Housing Choice Voucher (HCV); Public Housing

Guide To Affordable Housing in Elizabethton, Tennessee

There are 8 low income housing apartment communities offering 742 affordable apartments for rent in Elizabethton, Tennessee.

Income Based Apartments in Elizabethton, Tennessee

Elizabethton features 689 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 Elizabethton, Tennessee

There are 53 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Elizabethton.

Housing Choice Vouchers in Elizabethton, Tennessee

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Elizabethton, Tennessee for a two-bedroom apartment is between $623 and $761.

2020 Elizabethton, 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 $558 $564 $692 $874 $1,020
Payment Standard Range $502 to $614 $508 to $620 $623 to $761 $787 to $961 $918 to $1,122

Sourced from federal housing data and AffordableHousingOnline.com research.

Elizabethton, TN Affordable Housing Snapshot

Total Affordable Apartment Properties 8
Total Low Income Apartments 742
Total Housing Units with Rental Assistance 689
Percentage of Housing Units Occupied By Renters 38.98%
Average Renter Household Size 2.13
Average Household Size 2.18
Median Household Income $30,217 ±$2,639
Median Rent $506 ±$46
Percentage Of Renters Overburdened 39.65% ± 7.08pp
Total Population 14,058

Population and Household Demographics

Elizabethton is a city in Carter County, Tennessee with a population of 14,058. There are 5,913 households in the city with an average household size of 2.18 persons. 38.98% of households in Elizabethton are renters.

Income and Rent Overburden in Elizabethton

The median gross income for households in Elizabethton is $30,217 a year, or $2,518 a month. The median rent for the city is $506 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Elizabethton, a household making less than $1,687 a month would be considered overburdened when renting an apartment at or above the median rent. 39.65% of households who rent are overburdened in Elizabethton.

Area Median Income In Elizabethton

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 Elizabethton, the AMI is calculated from all households within Carter County.

In Elizabethton, HUD calculates the Area Median Income for a family of four as $53,900

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 Elizabethton

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 Elizabethton

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $12,490 $16,910 $21,330 $25,750 $29,150 $31,300 $33,450 $35,600
50% of Median $18,900 $21,600 $24,300 $26,950 $29,150 $31,300 $33,450 $35,600
80% of Median $30,200 $34,500 $38,800 $43,100 $46,550 $50,000 $53,450 $56,900