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

Discover affordable housing in Greeneville where there are 19+ 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.

calendar_today Opened: Jun 23
Open Until Further Notice

Reported On December 21st, 2023 by Ayat Elkarib

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Greeneville, Tennessee
$16.31/hour
$9.06 (+125%) more than Tennessee minimum wage and $9.06 (+125%) more than the Federal minimum wage.
Learn More About Greeneville, Tennessee Affordable Housing ↓

What HUD offices serve Greeneville, 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), Public Housing, Homeownership Voucher, Family Self-Sufficiency, Section 8 Project-Based Voucher (PBV) programs for Greeneville, Tennessee.
Operates the Section 8 Housing Choice Voucher (HCV), Public Housing programs for Greeneville, Tennessee.
Operates the Public Housing programs for Greeneville, Tennessee.

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

How many renters live in Greeneville, Tennessee?

The City of Greeneville has 15,458 people living in 6,076 households.

There are 5,315 renters living in 2,462 renter households in this City. Renters make up 34.38 percent of the population living in Greeneville.

What is the rental market like in Greeneville, Tennessee?

There are an estimated 6,867 housing units in the Greeneville area. Of these, 2,808 units are rental homes, making up 41 percent of the housing market. For every renter household in Greeneville, Tennessee, there are 1 rental units.

What is the vacancy rate for rentals in Greeneville?

The rental vacancy rate in Greeneville is 11 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 Greeneville for each bedroom size?

Occupied Rental Units by Size in Greeneville
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
152 403 1,011 744 140
Occupied Rental Units by Size in Greeneville

A large number of apartments in Greeneville 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 Greeneville are overburdened by housing costs?

Among renter households in this market, 42 percent have housing cost burden. Further, 17 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 Greeneville

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $584 to $1,371. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $584
One BR $767
Two BR $861
Three BR $1,213
Four BR $1,371
2024 Fair Market Rents in Greeneville, Tennessee

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

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 152 100 percent
One BR 336 83 percent
Two BR 874 86 percent
Rental Units Below FMR in Greeneville, Tennessee

How many affordable rental units are in Greeneville?

There are a variety of federal affordable housing programs serving households in Greeneville, Tennessee including the following:

Federal Program Unit Count
Low Income Housing Tax Credit 258
Public Housing 267
Section 8 Project-Based Rental Assistance 229
Section 202 Supportive Housing for the Elderly 20
USDA Section 515 Rural Rental Housing 192
Tracked Units by Federal Program in Greeneville, Tennessee

Rental units may be funded in part by multiple federal programs.

Income Based Apartments in Greeneville, Tennessee

Greeneville features 903 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 Greeneville, Tennessee

There are 183 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Greeneville.

Housing Choice Vouchers in Greeneville, Tennessee

On average, Section 8 Housing Choice vouchers pay Greeneville landlords $400 per month towards rent. The average voucher holder contributes $300 towards rent in Greeneville.

The maximum amount a voucher would pay on behalf of a low-income tenant in Greeneville, Tennessee for a two-bedroom apartment is between $775 and $947.

Sourced from federal housing data and AffordableHousingOnline.com research.