Low Income Apartments and Affordable Housing For Rent in Gatlinburg, TN

Discover affordable housing in Gatlinburg where there are 1+ housing opportunities based on income and household needs like accessible units for seniors or persons with disabilities. Find and apply to these low income apartments now.

Watson Glades Place

924 Watson Dr., Gatlinburg, Tennessee 37738

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Gatlinburg, Tennessee
$20.49/hour
$13.24 (+183%) more than Tennessee minimum wage and $13.24 (+183%) more than the Federal minimum wage.
Learn More About Gatlinburg, Tennessee Affordable Housing ↓

What HUD offices serve Gatlinburg, Tennessee?

Public Housing Agencies operate federally assisted affordable housing programs at local levels on behalf of HUD. Notably, housing agencies are responsible for managing Section 8 Housing Choice Voucher, Public Housing, and Project-Based Voucher waiting lists within their jurisdiction.

Operates the Section 8 Housing Choice Voucher (HCV), Family Self-Sufficiency, Mainstream Voucher, Homeownership programs for Gatlinburg, Tennessee.

Go to the Tennessee Public Housing and Low-Income Apartments Waiting Lists page for openings near Gatlinburg.

How many renters live in Gatlinburg, Tennessee?

The City of Gatlinburg has 3,636 people living in 1,383 households.

There are 1,194 renters living in 417 renter households in this City. Renters make up 32.84 percent of the population living in Gatlinburg.

What is the rental market like in Gatlinburg, Tennessee?

There are an estimated 4,745 housing units in the Gatlinburg area. Of these, 1,229 units are rental homes, making up 26 percent of the housing market. For every renter household in Gatlinburg, Tennessee, there are 3 rental units.

What is the vacancy rate for rentals in Gatlinburg?

The rental vacancy rate in Gatlinburg is 61 percent. This is a higher than average vacancy rate. When rental vacancy rates are high it means that there are a lot of available units and rents tend to be lower.

How many rental units are in Gatlinburg for each bedroom size?

Occupied Rental Units by Size in Gatlinburg
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
34 137 140 90 11
Occupied Rental Units by Size in Gatlinburg

A large number of apartments in Gatlinburg have two or fewer bedrooms. Seniors and young professionals especially may have more success finding an apartment that meets their needs.

How many renter households in Gatlinburg are overburdened by housing costs?

Among renter households in this market, 35 percent have housing cost burden. Further, 12 percent of households are extremely rent overburdened. When renters pay too much for their housing, it leaves little money for other necessities like food, clothes, or medicine.

The federal government says that renters are cost-burdened if they pay more than a third of their monthly income for rent and utilities.

How Much Is Rent in Gatlinburg

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $834 to $1,441. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $834
One BR $896
Two BR $1,082
Three BR $1,403
Four BR $1,441
2024 Fair Market Rents in Gatlinburg, Tennessee

How many units are rented at Fair Market Rent (FMR) in Gatlinburg?

Renters with a Section 8 Housing Choice Voucher must select a home that is at or below the area’s Fair Market Rent. Markets with a large share of units above FMR tend to have longer search times to find a qualified unit, while those with a large share of units below FMR tend to have more choices and shorter search times. The share below FMR can vary by size of unit, as shown in the table below.

These are the approximate number of units renting below the FMR in this market:

Unit Size Count of Units Below FMR Percentage of Total Units Below FMR
Studio 8 24 percent
One BR 68 50 percent
Two BR 85 61 percent
Rental Units Below FMR in Gatlinburg, Tennessee

How many affordable rental units are in Gatlinburg?

Income Based Apartments in Gatlinburg, Tennessee

Gatlinburg features 0 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 Gatlinburg, Tennessee

There are 80 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Gatlinburg.

Housing Choice Vouchers in Gatlinburg, Tennessee

On average, Section 8 Housing Choice vouchers pay Gatlinburg landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Gatlinburg.

The maximum amount a voucher would pay on behalf of a low-income tenant in Gatlinburg, Tennessee for a two-bedroom apartment is between $974 and $1,190.

Sourced from federal housing data and AffordableHousingOnline.com research.