Affordable Housing In Gallatin
Sumner County, Tennessee

18 Low Income Apartment Communities In Gallatin

The Residences at Gallatin

Long Hollow Pike and SR 109
Gallatin, TN
$770-1,050
1-3 BR
HCV Welcome

Villages Homes of Gallatin

1096 Sam Houston Cir
Gallatin, TN
$913-1,163
2-4 BR
HCV Welcome

Gallatin Park Apartments

271 Albert Gallatin Avenue
Gallatin, TN
$688-849
2-3 BR

Green Wood Apartments

790 Green Wave Drive
Gallatin, TN
Call For Rent
3 BR
HCV Welcome

Sumner Gardens

146 Coles Ferry Road
Gallatin, TN
$860-925
2-3 BR
HCV Welcome

Overlook Apartments

311 Hancock St
Gallatin, TN
Call For Rent
1-3 BR
HCV Welcome

Crestwood Towers

212 N Boyers Ave
Gallatin, TN
62+
Accessible
Elderly Supportive Housing
Subsidized

Gallatin Senior Housing Dba the Manor

143 E Prince St
Gallatin, TN
62+
Accessible
Elderly Supportive Housing
Subsidized

Mckendree Lambuth at Gallatin

1042 Hartsville Pike
Gallatin, TN
62+
Accessible
Elderly Supportive Housing
Subsidized

Hats II Group Home

993 Long Hollow Pike
Gallatin, TN
Subsidized

There are 18 low income housing apartment complexes which contain 1,828 affordable apartments for rent in Gallatin. Many of these rental apartments are income based housing with 601 apartments that set rent based on your income. In Gallatin, HUD housing programs support 10 rental assistance apartments through programs like Project-based Section 8. There are 1,179 other low income apartments that don't have rental assistance but are cheaper than market rate rents.

Housing Authorities that serve Gallatin

Housing Authority Programs
Gallatin Housing Authority Public Housing
Tennessee Housing Development Agency Central Office Section 8 Housing Choice Voucher (HCV)
Tennessee Housing Development Agency Middle Tennessee Office Section 8 Housing Choice Voucher (HCV)

Guide To Affordable Housing in Gallatin, Tennessee

Gallatin, TN Affordable Housing Snapshot

Total Affordable Apartment Properties 18
Total Low Income Apartments 1,828
Total Rent Assisted Apartments 601
Percentage of Housing Units Occupied By Renters 42.07%
Average Renter Household Size 2.56
Total Population 32,518
Housing Units 12,037
Average Household Size 2.62
Median Household Income $47,957 ±$3,084
Median Rent $842 ±$27
Percentage Of Renters Overburdened 40.72% ± 5.76pp

Population and Household Demographics

Gallatin is a City in Sumner County, Tennessee with a population of 32,518. There are 12,037 households in the city with an average household size of 2.62 persons. 42.07% of households in Gallatin are renters.

Income and Rent Overburden in Gallatin

The median gross income for households in Gallatin is $47,957 a year, or $3,996 a month. The median rent for the city is $842 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Gallatin, a household making less than $2,807 a month would be considered overburdened when renting an apartment at or above the median rent. 40.72% of households who rent are overburdened in Gallatin.1

Area Median Income In Gallatin

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 Gallatin, the AMI is calculated from all households within Sumner County.

In Gallatin, HUD calculates the Area Median Income for a family of four as $80,000

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 Gallatin

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 Gallatin HUD Rental Assistance in Gallatin

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $16,800 $19,200 $21,600 $25,750 $30,170 $34,590 $39,010 $43,430
50% of Median $28,000 $32,000 $36,000 $40,000 $43,200 $46,400 $49,600 $52,800
80% of Median $44,800 $51,200 $57,600 $64,000 $69,150 $74,250 $79,400 $84,500
Low Income Housing Tax Credits in Gallatin

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

From 1987 to 2012, 12 low income apartment communities containing 654 rental apartments have been constructed and made affordable to low income persons in Gallatin 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 Gallatin

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
50% of Median $28,000 $32,000 $36,000 $40,000 $43,200 $46,400 $49,600 $52,800
60% of Median $33,600 $38,400 $43,200 $48,000 $51,840 $55,680 $59,520 $63,360

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 Gallatin is $43,200 a year, or $3,600 a month. To determine the maximum rent in the table below we multiply the monthly maximum income, $3,600 by 30% to get a maximum rent of $1,080 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% $700 $750 $900 $1,040 $1,160 $1,280
60% $840 $900 $1,080 $1,248 $1,392 $1,536
Fair Market Rents in Gallatin

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
$830 $911 $1,103 $1,455 $1,738