Low Income Apartments In Humphreys County
Tennessee

Low Income Apartments In Humphreys County

Irish Apartments

43 Irish Dr
Mcewen, TN
Subsidized

Creekview Manor Apartments

204 Clydeton Rd
Waverly, TN
Subsidized

Carroll Street Residential

215 Carroll Ave
Waverly, TN
Accessible
Disabled Supportive Housing
Subsidized

Waverly Residential Services

200 Airport Rd
Waverly, TN
62+
Accessible
Elderly Supportive Housing
Subsidized

Briarwood Apartments

116 Guy Barnett Dr
Waverly, TN
HCV Welcome

Whispering Oaks Apartments

Nonprofit Housing Corporation
Waverly, TN

Brookside

210 E Richland Ave
Waverly, TN
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There are 7 low income housing apartment complexes which contain 343 affordable apartments for rent in Humphreys County, Tennessee. Many of these rental apartments are income based housing with about 167 apartments that set rent based on your income. Often referred to as "HUD apartments", there are 84 Project-Based Section 8 subsidized apartments in Humphreys County. There are 176 other low income apartments that don't have rental assistance but are still considered to be affordable housing for low income families.

Housing Authorities that serve Humphreys County

Housing Authority Programs
Tennessee Housing Development Agency Central Office Section 8 Housing Choice Voucher
Tennessee Housing Development Agency Middle Tennessee Office Section 8 Housing Choice Voucher

Other Housing Authorities located in Humphreys County

Housing Authority Programs
Waverly Housing Authority Public Housing

Guide To Affordable Housing in Humphreys County, Tennessee

Humphreys County, TN Affordable Housing Snapshot

Total Affordable Apartment Properties 7
Total Low Income Apartments 343
Total Rent Assisted Apartments 167
Percentage of Housing Units Occupied By Renters 21.21%
Average Renter Household Size 2.62
Total Population 18,240
Housing Units 7,124
Average Household Size 2.53
Median Household Income $41,949 ±$1,987
Median Rent $640 ±$53
Percentage Of Renters Overburdened 39.11% ± 7.96pp

Population and Household Demographics

Humphreys County is a County in Tennessee with a population of 18,240. There are 7,124 households in the county with an average household size of 2.53 persons. 21.21% of households in Humphreys County are renters.

Income and Rent Overburden in Humphreys County

The median gross income for households in Humphreys County is $41,949 a year, or $3,496 a month. The median rent for the county is $640 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Humphreys County, a household making less than $2,133 a month would be considered overburdened when renting an apartment at or above the median rent. 39.11% of households who rent are overburdened in Humphreys County.1

Area Median Income In Humphreys 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 Humphreys County, HUD calculates the Area Median Income for a family of four as $57,600

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 Humphreys 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 Humphreys County HUD Rental Assistance in Humphreys County

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $12,150 $16,460 $20,780 $25,100 $29,420 $33,450 $35,750 $38,050
50% of Median $20,200 $23,050 $25,950 $28,800 $31,150 $33,450 $35,750 $38,050
80% of Median $32,300 $36,900 $41,500 $46,100 $49,800 $53,500 $57,200 $60,900
Low Income Housing Tax Credits in Humphreys County

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

From 2012 to 2012, 1 low income apartment communities containing 48 rental apartments have been constructed and made affordable to low income persons in Humphreys 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 Humphreys County

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
60% of Median $24,240 $27,660 $31,140 $34,560 $37,380 $40,140 $42,900 $45,660

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 Humphreys County is $31,140 a year, or $2,595 a month. To determine the maximum rent in the table below we multiply the monthly maximum income, $2,595 by 30% to get a maximum rent of $779 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% $505 $541 $649 $749 $836 $923
60% $606 $649 $779 $899 $1,004 $1,107
Fair Market Rents in Humphreys 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
$474 $530 $643 $838 $979

Cities In Humphreys County

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

City Listings Served By
Waverly 6 The HUD funded Public Housing Agencies that serve Waverly are the Waverly Housing Authority, Tennessee Housing Development Agency Central Office and Tennessee Housing Development Agency Middle Tennessee Office.
Mcewen 1 The HUD funded Public Housing Agencies that serve Mcewen are the Tennessee Housing Development Agency Central Office and Tennessee Housing Development Agency Middle Tennessee Office.
New Johnsonville 0 The HUD funded Public Housing Agencies that serve New Johnsonville are the Tennessee Housing Development Agency Central Office and Tennessee Housing Development Agency Middle Tennessee Office.