Affordable Housing In Fayette County
Tennessee

16 Low Income Apartment Communities In Fayette County

Oakwood Manor

49 Oakwood Manor Cv
Somerville, TN
Subsidized

Lake Street Apartments

307 Lake Dr
Somerville, TN
Subsidized

Fccp Danny Lane

1035 S Somerville St
Somerville, TN
Accepts Vouchers

Laurelwood Apartments

130 S Center St
Collierville, TN
Subsidized

Oakland Apartments

55 Eisinger Cv
Oakland, TN
Subsidized

Foxtail Grove Apartments

510 N Main Hwy 76
Somerville, TN

Housing Authorities that serve Fayette County

Housing Authority Programs
Tennessee Housing Development Agency Central Office Section 8 Housing Choice Voucher (HCV); Mainstream Voucher
Tennessee Housing Development Agency West Tennessee Office Section 8 Housing Choice Voucher (HCV); Homeownership Voucher; Family Self-Sufficiency; Veteran Affairs Supportive Housing (VASH); Mainstream Voucher

Other Housing Authorities located in Fayette County

Housing Authority Programs
Gallaway Housing Authority Public Housing

Guide To Affordable Housing in Fayette County, Tennessee

There are 16 low income housing apartment communities offering 618 affordable apartments for rent in Fayette County, Tennessee.

Income Based Apartments in Fayette County, Tennessee

Fayette County features 468 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 Fayette County, Tennessee

There are 150 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Fayette County.

Housing Choice Vouchers in Fayette County, Tennessee

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

Sourced from federal housing data and AffordableHousingOnline.com research.

Fayette County, TN Affordable Housing Snapshot

Total Affordable Apartment Properties 16
Total Low Income Apartments 618
Total Housing Units with Rental Assistance 468
Percentage of Housing Units Occupied By Renters 20.05%
Average Renter Household Size 2.48
Average Household Size 2.58
Median Household Income $54,890 ±$2,367
Median Rent $613 ±$42
Percentage Of Renters Overburdened 34.03% ± 5.51pp
Total Population 38,814

Population and Household Demographics

Fayette County is a County in Tennessee with a population of 38,814. There are 14,846 households in the county with an average household size of 2.58 persons. 20.05% of households in Fayette County are renters.

Income and Rent Overburden in Fayette County

The median gross income for households in Fayette County is $54,890 a year, or $4,574 a month. The median rent for the county is $613 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Fayette County, a household making less than $2,043 a month would be considered overburdened when renting an apartment at or above the median rent. 34.03% of households who rent are overburdened in Fayette County.1

Area Median Income In Fayette 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 Fayette County, HUD calculates the Area Median Income for a family of four as $65,900

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 Fayette 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 Fayette County

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $13,850 $16,910 $21,330 $25,750 $30,170 $34,590 $39,010 $43,430
50% of Median $23,100 $26,400 $29,700 $32,950 $35,600 $38,250 $40,900 $43,500
80% of Median $36,900 $42,200 $47,450 $52,700 $56,950 $61,150 $65,350 $69,600

Cities In Fayette County

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

City Listings Served By
Gallaway 2 The HUD funded Public Housing Agencies that serve Gallaway are the Gallaway Housing Authority, Tennessee Housing Development Agency Central Office and Tennessee Housing Development Agency West Tennessee Office.
Somerville 10 The HUD funded Public Housing Agencies that serve Somerville are the Tennessee Housing Development Agency Central Office and Tennessee Housing Development Agency West Tennessee Office.
Collierville 1 The HUD funded Public Housing Agencies that serve Collierville are the Tennessee Housing Development Agency Central Office and Tennessee Housing Development Agency West Tennessee Office.
Rossville 1 The HUD funded Public Housing Agencies that serve Rossville are the Tennessee Housing Development Agency Central Office and Tennessee Housing Development Agency West Tennessee Office.
Oakland 1 The HUD funded Public Housing Agencies that serve Oakland are the Tennessee Housing Development Agency Central Office and Tennessee Housing Development Agency West Tennessee Office.
Moscow 1 The HUD funded Public Housing Agencies that serve Moscow are the Tennessee Housing Development Agency Central Office and Tennessee Housing Development Agency West Tennessee Office.
Braden 0 The HUD funded Public Housing Agencies that serve Braden are the Tennessee Housing Development Agency Central Office and Tennessee Housing Development Agency West Tennessee Office.
Grand Junction 0 The HUD funded Public Housing Agencies that serve Grand Junction are the Tennessee Housing Development Agency Central Office and Tennessee Housing Development Agency West Tennessee Office.
La Grange 0 The HUD funded Public Housing Agencies that serve La Grange are the Tennessee Housing Development Agency Central Office and Tennessee Housing Development Agency West Tennessee Office.
Piperton 0 The HUD funded Public Housing Agencies that serve Piperton are the Tennessee Housing Development Agency Central Office and Tennessee Housing Development Agency West Tennessee Office.
Williston 0 The HUD funded Public Housing Agencies that serve Williston are the Tennessee Housing Development Agency Central Office and Tennessee Housing Development Agency West Tennessee Office.