Affordable Housing In Hamilton County
Tennessee

67 Low Income Apartment Communities In Hamilton County

River View Tower Apartments

500 W Ml King Blvd
Chattanooga, TN
Call For Rent
Studio-1 BR
62+
Accessible
Elderly Supportive Housing
HCV Welcome
Subsidized

Silvertree Seniors of Chattanooga

5465 Highway 58
Chattanooga, TN
Income Based
1-2 BR
62+
Accessible
Elderly Supportive Housing
Subsidized

Maple Hills Apartments

2515 Gilbert Street
Chattanooga, TN
Call For Rent
2-3 BR
HCV Welcome

The Villages at Alton Park Apartments

3750 Hughes Avenue
Chattanooga, TN
Call For Rent
1-4 BR

Magnolia Gardens Apartments

779 Martin Luther King Blvd
Chattanooga, TN
Call For Rent
2-3 BR
HCV Welcome

Oaks at Camden

1655 Mossy Oaks Drive
Chattanooga, TN

Bayberry Apartments

2300 Wilson Street
Chattanooga, TN
Call For Rent
1-3 BR

Ridgeway Apartments

1212 Poplar St
Chattanooga, TN
Subsidized

Timber Ridge Coop I

201 Timber Knoll Dr
Chattanooga, TN
Subsidized

Boynton Overlook Apartments

1201 Boynton Dr
Chattanooga, TN
Subsidized

There are 67 low income housing apartment complexes which contain 6,308 affordable apartments for rent in Hamilton County. Many of these rental apartments are income based housing with 4,567 apartments that set rent based on your income. In Hamilton County, HUD housing programs support 1,180 rental assistance apartments through programs like Project-based Section 8. There are 1,641 other low income apartments that don't have rental assistance but are cheaper than market rate rents.

Housing Authorities that serve Hamilton County

Housing Authority Programs
Chattanooga Housing Authority Section 8 Housing Choice Voucher (HCV); Public Housing

Guide To Affordable Housing in Hamilton County, Tennessee

Hamilton County, TN Affordable Housing Snapshot

Total Affordable Apartment Properties 67
Total Low Income Apartments 6,308
Total Rent Assisted Apartments 4,567
Percentage of Housing Units Occupied By Renters 35.5%
Average Renter Household Size 2.37
Total Population 348,121
Housing Units 136,319
Average Household Size 2.48
Median Household Income $48,248 ±$1,137
Median Rent $757 ±$10
Percentage Of Renters Overburdened 45.94% ± 1.75pp

Population and Household Demographics

Hamilton County is a County in Tennessee with a population of 348,121. There are 136,319 households in the county with an average household size of 2.48 persons. 35.5% of households in Hamilton County are renters.

Income and Rent Overburden in Hamilton County

The median gross income for households in Hamilton County is $48,248 a year, or $4,021 a month. The median rent for the county is $757 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Hamilton County, a household making less than $2,523 a month would be considered overburdened when renting an apartment at or above the median rent. 45.94% of households who rent are overburdened in Hamilton County.1

Area Median Income In Hamilton 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 Hamilton County, HUD calculates the Area Median Income for a family of four as $70,100

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 Hamilton 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 Hamilton County HUD Rental Assistance in Hamilton County

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $14,250 $16,910 $21,330 $25,750 $30,170 $34,590 $39,010 $43,430
50% of Median $23,750 $27,150 $30,550 $33,900 $36,650 $39,350 $42,050 $44,750
80% of Median $38,000 $43,400 $48,850 $54,250 $58,600 $62,950 $67,300 $71,650
Low Income Housing Tax Credits in Hamilton County

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

From 1990 to 2008, 28 low income apartment communities containing 2,136 rental apartments have been constructed and made affordable to low income persons in Hamilton 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 Hamilton County

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
50% of Median $23,750 $27,150 $30,550 $33,900 $36,650 $39,350 $42,050 $44,750
60% of Median $28,500 $32,580 $36,660 $40,680 $43,980 $47,220 $50,460 $53,700

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 Hamilton County is $36,660 a year, or $3,055 a month. To determine the maximum rent in the table below we multiply the monthly maximum income, $3,055 by 30% to get a maximum rent of $917 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% $594 $636 $764 $882 $984 $1,085
60% $713 $764 $917 $1,058 $1,181 $1,302
Fair Market Rents in Hamilton 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.

2019 Fair Market Rents
Studio One BR Two BR Three BR Four BR
$585 $694 $847 $1,099 $1,344

Cities In Hamilton County

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

City Listings Served By
Chattanooga 63 The HUD funded Public Housing Agency that serves Chattanooga is the Chattanooga Housing Authority.
East Ridge 1 The HUD funded Public Housing Agency that serves East Ridge is the Chattanooga Housing Authority.
Ooltewah 1 The HUD funded Public Housing Agency that serves Ooltewah is the Chattanooga Housing Authority.
Apison 0 The HUD funded Public Housing Agency that serves Apison is the Chattanooga Housing Authority.
Collegedale 0 The HUD funded Public Housing Agency that serves Collegedale is the Chattanooga Housing Authority.
Fairmount 0 The HUD funded Public Housing Agency that serves Fairmount is the Chattanooga Housing Authority.
Falling Water 0 The HUD funded Public Housing Agency that serves Falling Water is the Chattanooga Housing Authority.
Flat Top Mountain 0 The HUD funded Public Housing Agency that serves Flat Top Mountain is the Chattanooga Housing Authority.
Harrison 0 The HUD funded Public Housing Agency that serves Harrison is the Chattanooga Housing Authority.
Lakesite 0 The HUD funded Public Housing Agency that serves Lakesite is the Chattanooga Housing Authority.
Lookout Mountain 0 The HUD funded Public Housing Agency that serves Lookout Mountain is the Chattanooga Housing Authority.
Middle Valley 0 The HUD funded Public Housing Agency that serves Middle Valley is the Chattanooga Housing Authority.
Mowbray Mountain 0 The HUD funded Public Housing Agency that serves Mowbray Mountain is the Chattanooga Housing Authority.
Red Bank 0 The HUD funded Public Housing Agency that serves Red Bank is the Chattanooga Housing Authority.
Ridgeside 0 The HUD funded Public Housing Agency that serves Ridgeside is the Chattanooga Housing Authority.
Sale Creek 0 The HUD funded Public Housing Agency that serves Sale Creek is the Chattanooga Housing Authority.
Signal Mountain 0 The HUD funded Public Housing Agency that serves Signal Mountain is the Chattanooga Housing Authority.
Soddy Daisy 2 The HUD funded Public Housing Agency that serves Soddy Daisy is the Chattanooga Housing Authority.
Walden 0 The HUD funded Public Housing Agency that serves Walden is the Chattanooga Housing Authority.
Soddy-Daisy 0