Affordable Housing In Gibson County
Tennessee

16 Low Income Apartment Communities In Gibson County

Dyer Apartments

174 Rocky Point Dr
Dyer, TN
Call For Rent
2-3 BR
Subsidized

Eaglewood IV Apartments

300 Eaglewood Dr
Kenton, TN
Call For Rent
1-2 BR
Subsidized

Rachell Square Apartments

115 Eds Dr
Rutherford, TN
Call For Rent
2 BR
Subsidized

Gibson House Apartments

2220 U.S. 45 Bypass S
Trenton, TN
Call For Rent
1-2 BR
Subsidized

Trenton Group Home

194 Westwood Dr
Trenton, TN
Subsidized

Milan Group Home

4059 Middle Rd
Milan, TN
Subsidized

St Matthew Manor West

2575 Viking Dr
Humboldt, TN
62+
Accessible
Elderly Supportive Housing
Subsidized

Crockett Manor Apartments

2047 US Highway 45 Byp S
Trenton, TN
Subsidized

Heritage Villa

4040 Reasons Blvd
Milan, TN
HCV Welcome

Meadows of Milan Apartments

4051 Reasons Blvd
Milan, TN
HCV Welcome

Housing Authorities that serve Gibson County

Housing Authority Programs
Tennessee Housing Development Agency Central Office Section 8 Housing Choice Voucher (HCV)
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 Gibson County

Housing Authority Programs
Trenton Housing Authority Public Housing
Humboldt Housing Authority Public Housing
Milan Housing Authority Public Housing

Guide To Affordable Housing in Gibson County, Tennessee

According to federal housing data and AffordableHousingOnline.com research, there are 16 low income housing apartment communities offering 934 affordable apartments for rent in Gibson County, Tennessee. Gibson County features 838 low income apartments with rental assistance where households typically pay no more than 30% of their income towards rent. Additionally, there are 96 other low income apartments that don't provide direct rental assistance but remain affordable to low income households in Gibson County.

Gibson County, TN Affordable Housing Snapshot

Total Affordable Apartment Properties 16
Total Low Income Apartments 934
Total Housing Units with Rental Assistance 838
Percentage of Housing Units Occupied By Renters 27.78%
Average Renter Household Size 2.44
Average Household Size 2.49
Median Household Income $38,457 ±$2,012
Median Rent $605 ±$25
Percentage Of Renters Overburdened 41.79% ± 5.41pp
Total Population 49,572

Population and Household Demographics

Gibson County is a County in Tennessee with a population of 49,572. There are 19,449 households in the county with an average household size of 2.49 persons. 27.78% of households in Gibson County are renters.

Income and Rent Overburden in Gibson County

The median gross income for households in Gibson County is $38,457 a year, or $3,205 a month. The median rent for the county is $605 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Gibson County, a household making less than $2,017 a month would be considered overburdened when renting an apartment at or above the median rent. 41.79% of households who rent are overburdened in Gibson County.1

Area Median Income In Gibson 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 Gibson County, HUD calculates the Area Median Income for a family of four as $51,100

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 Gibson 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 Gibson County HUD Rental Assistance in Gibson County

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 $28,350 $30,450 $32,550 $34,650
50% of Median $18,400 $21,000 $23,650 $26,250 $28,350 $30,450 $32,550 $34,650
80% of Median $29,400 $33,600 $37,800 $42,000 $45,400 $48,750 $52,100 $55,450
Low Income Housing Tax Credits in Gibson County

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

From 1989 to 2003, 3 low income apartment communities containing 112 rental apartments have been constructed and made affordable to low income persons in Gibson 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 Gibson County

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
50% of Median $18,400 $21,000 $23,650 $26,250 $28,350 $30,450 $32,550 $34,650
60% of Median $22,080 $25,200 $28,380 $31,500 $34,020 $36,540 $39,060 $41,580

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 Gibson County is $28,380 a year, or $2,365 a month. To determine the maximum rent in the table below we multiply the monthly maximum income, $2,365 by 30% to get a maximum rent of $710 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% $460 $493 $591 $683 $761 $840
60% $552 $591 $710 $819 $914 $1,008
Fair Market Rents in Gibson 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.

2020 Fair Market Rents
Studio One BR Two BR Three BR Four BR
$504 $583 $664 $916 $1,166

Cities In Gibson County

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

City Listings Served By
Dyer 1 The HUD funded Public Housing Agencies that serve Dyer are the Tennessee Housing Development Agency Central Office and Tennessee Housing Development Agency West Tennessee Office.
Trenton 6 The HUD funded Public Housing Agencies that serve Trenton are the Trenton Housing Authority, Tennessee Housing Development Agency Central Office and Tennessee Housing Development Agency West Tennessee Office.
Milan 4 The HUD funded Public Housing Agencies that serve Milan are the Milan Housing Authority, Tennessee Housing Development Agency Central Office and Tennessee Housing Development Agency West Tennessee Office.
Humboldt 3 The HUD funded Public Housing Agencies that serve Humboldt are the Humboldt Housing Authority, Tennessee Housing Development Agency Central Office and Tennessee Housing Development Agency West Tennessee Office.
Kenton 1 The HUD funded Public Housing Agencies that serve Kenton are the Tennessee Housing Development Agency Central Office and Tennessee Housing Development Agency West Tennessee Office.
Rutherford 2 The HUD funded Public Housing Agencies that serve Rutherford are the Tennessee Housing Development Agency Central Office and Tennessee Housing Development Agency West Tennessee Office.
Medina 0 The HUD funded Public Housing Agencies that serve Medina are the Tennessee Housing Development Agency Central Office and Tennessee Housing Development Agency West Tennessee Office.
Bradford 0 The HUD funded Public Housing Agencies that serve Bradford are the Tennessee Housing Development Agency Central Office and Tennessee Housing Development Agency West Tennessee Office.
Gibson 0 The HUD funded Public Housing Agencies that serve Gibson are the Tennessee Housing Development Agency Central Office and Tennessee Housing Development Agency West Tennessee Office.
Yorkville 0 The HUD funded Public Housing Agencies that serve Yorkville are the Tennessee Housing Development Agency Central Office and Tennessee Housing Development Agency West Tennessee Office.