Low Income Apartments and Affordable Housing For Rent in Grundy County, TN

Discover affordable housing in Grundy County where there are 2+ 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.

Elk Meadows Apartments

18 Elk Lane, Coalmont, Tennessee 37313

bed 1-2
switch_access_shortcut Short Wait
payment Subsidized
real_estate_agent Accepts Vouchers
payment Income Based
accessibility Accessible

Meadowood Apartments

14252 US Highway 41, Tracy City, Tennessee 37387

switch_access_shortcut Short Wait
payment Subsidized
real_estate_agent Accepts Vouchers
elderly Senior
payment Income Based

How To Identify Affordable Housing in Grundy County, Tennessee

Look for program and preference badges on affordable apartment listings. These badges can help you identify the types of low income housing each apartment offers and if you may be eligbile for rental assistance or reduced rents.

Badge Description
switch_access_shortcut Short Wait
Low income apartments with no or short waiting lists.
payment Subsidized
Low income housing where the rent is subsidized and the renter pays only a portion of total rent.
real_estate_agent Accepts Vouchers
Apartments that accept Section 8 vouchers near you
elderly Senior
Rental housing for seniors who are 55 (or sometimes 62) and older.
payment Income Based
Affordable apartments where the rent paid is based on renter income.
accessibility Accessible
Meets Accessibilty Requirements of the Fair Housing Act, the ADA, or HUD policy.
accessible_forward Disability
Apartments for individuals or families with disabilities.
real_estate_agent Naturally Affordable
Naturally Occuring Affordable Housing - or NOAH - is any housing unit that offers affordable rent without participating in a rent subsidy program.
The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Grundy County, 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 Grundy County, Tennessee Affordable Housing ↓

What HUD offices serve Grundy County, 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 programs for Grundy County, Tennessee.

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

How many renters live in Grundy County, Tennessee?

The County of Grundy County has people living in households.

There are renters living in renter households in this County. Renters make up 14.23 percent of the population living in Grundy County.

What is the rental market like in Grundy County, Tennessee?

There are an estimated housing units in the Grundy County area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Grundy County, Tennessee, there are 1.14 rental units.

What is the vacancy rate for rentals in Grundy County?

The rental vacancy rate in Grundy County is 10 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 Grundy County for each bedroom size?

Occupied Rental Units by Size in Grundy County
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
0 97 372 321 24
Occupied Rental Units by Size in Grundy County

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

How Much Is Rent in Grundy County

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $707 to $1,209. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $707
One BR $742
Two BR $861
Three BR $1,069
Four BR $1,209
2024 Fair Market Rents in Grundy County, Tennessee

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

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
One BR 92 95 percent
Two BR 210 56 percent
Rental Units Below FMR in Grundy County, Tennessee

How many affordable rental units are in Grundy County?

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

Federal Program Unit Count
Low Income Housing Tax Credit
Public Housing
Section 8 Project-Based Rental Assistance
USDA Section 515 Rural Rental Housing
Tracked Units by Federal Program in Grundy County, Tennessee

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

Income Based Apartments in Grundy County, Tennessee

Grundy County features 44 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 Grundy County, Tennessee

There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Grundy County.

Housing Choice Vouchers in Grundy County, Tennessee

On average, Section 8 Housing Choice vouchers pay Grundy County landlords $500 per month towards rent. The average voucher holder contributes $200 towards rent in Grundy County.

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

Sourced from federal housing data and AffordableHousingOnline.com research.

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