Affordable Housing In Jackson County
Tennessee

2 Low Income Apartment Communities In Jackson County

Brookwood Apartments CO Sherwood Mgmt

128 Brookwood Ln
Gainesboro, TN
HCV Welcome

Deer Run Apartments

100 Deer Run Ln
Gainesboro, TN
Subsidized
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There are 2 low income housing apartment complexes which contain 60 affordable apartments for rent in Jackson County. Many of these rental apartments are income based housing with 16 apartments that set rent based on your income. In Jackson County, HUD housing programs support 0 rental assistance apartments through programs like Project-based Section 8. There are 44 other low income apartments that don't have rental assistance but are cheaper than market rate rents.

Housing Authorities that serve Jackson County

Housing Authority Programs
Tennessee Housing Development Agency Central Office Section 8 Housing Choice Voucher (HCV)
Tennessee Housing Development Agency East Tennessee Office Section 8 Housing Choice Voucher (HCV); Homeownership Voucher; Family Self-sufficiency

Guide To Affordable Housing in Jackson County, Tennessee

Jackson County, TN Affordable Housing Snapshot

Total Affordable Apartment Properties 2
Total Low Income Apartments 60
Total Rent Assisted Apartments 16
Percentage of Housing Units Occupied By Renters 21.67%
Average Renter Household Size 2.53
Total Population 11,496
Housing Units 4,531
Average Household Size 2.49
Median Household Income $31,534 ±$2,932
Median Rent $479 ±$26
Percentage Of Renters Overburdened 38.49% ± 9.76pp

Population and Household Demographics

Jackson County is a County in Tennessee with a population of 11,496. There are 4,531 households in the county with an average household size of 2.49 persons. 21.67% of households in Jackson County are renters.

Income and Rent Overburden in Jackson County

The median gross income for households in Jackson County is $31,534 a year, or $2,628 a month. The median rent for the county is $479 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Jackson County, a household making less than $1,597 a month would be considered overburdened when renting an apartment at or above the median rent. 38.49% of households who rent are overburdened in Jackson County.1

Area Median Income In Jackson 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 Jackson County, HUD calculates the Area Median Income for a family of four as $41,500

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 Jackson 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 Jackson County HUD Rental Assistance in Jackson 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 Jackson 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 1993, 2 low income apartment communities containing 59 rental apartments have been constructed and made affordable to low income persons in Jackson 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 Jackson 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 Jackson 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 Jackson 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
$457 $468 $619 $803 $837

Cities In Jackson County

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

City Listings Served By
Gainesboro 2 The HUD funded Public Housing Agencies that serve Gainesboro are the Tennessee Housing Development Agency Central Office and Tennessee Housing Development Agency East Tennessee Office.
Walden 0 The HUD funded Public Housing Agencies that serve Walden are the Tennessee Housing Development Agency Central Office and Tennessee Housing Development Agency East Tennessee Office.
Dodson Branch 0 The HUD funded Public Housing Agencies that serve Dodson Branch are the Tennessee Housing Development Agency Central Office and Tennessee Housing Development Agency East Tennessee Office.