Affordable Housing In Jasper
Marion County, Tennessee

3 Low Income Apartment Communities In Jasper

The Bluffs

400 Cumberland Avenue
Jasper, Tennessee
Subsidized

Town Creek Apartments I

500 Cumberland Ave
Jasper, Tennessee
Subsidized

Jasper Senior Apartments

235 E 7th St
Jasper, Tennessee
Subsidized
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Section 8 Vouchers, Apartments, and Waiting Lists in Jasper, 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.

Households who qualify for these programs may also qualify for Project-Based Section 8, which contributes rental assistance payments directly to private landlords on behalf of low-income tenants. Eligibility for the project-based program is similar to the voucher programs, but waiting list and application policies will vary depending on the landlord.

Public Housing Agencies Serving Jasper, Tennessee

Housing Authority Programs
Southeast Tennessee Human Resource Agency Section 8 Housing Choice Voucher (HCV); Family Self-Sufficiency

Guide To Affordable Housing in Jasper, Tennessee

There are 3 low income housing apartment communities offering 170 affordable apartments for rent in Jasper, Tennessee.

Income Based Apartments in Jasper, Tennessee

Jasper features 170 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 Jasper, Tennessee

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

Housing Choice Vouchers in Jasper, Tennessee

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Jasper, Tennessee for a two-bedroom apartment is between $960 and $1,174.

2023 Jasper, Tennessee Fair Market Rents and Housing Choice Voucher Payment Standards

Fair Market Rents can be used to better understand the average housing costs of an area. Fair Market Rents are used by HUD to establish payment and rent standards for federal rental assistance programs like the Section 8 Housing Choice Voucher Program.

Studio One BR Two BR Three BR Four BR
Jasper, Tennessee Fair Market Rent $910 $919 $1,067 $1,372 $1,619
Jasper, Tennessee Payment Standard Range $819 to $1,001 $827 to $1,011 $960 to $1,174 $1,235 to $1,509 $1,457 to $1,781

Sourced from federal housing data and AffordableHousingOnline.com research.

Jasper, TN Affordable Housing Snapshot

Total Affordable Apartment Properties 3
Total Low Income Apartments 170
Total Housing Units with Rental Assistance 170
Percentage of Housing Units Occupied By Renters 32.45%
Average Renter Household Size 2.54
Average Household Size 2.49
Median Household Income $47,500 ±$9,354
Median Rent $702 ±$58
Percentage Of Renters Overburdened 35.1% ± 19.59pp
Total Population 3,278

Population and Household Demographics

Jasper is a city in Marion County, Tennessee with a population of 3,278. There are 1,282 households in the city with an average household size of 2.49 persons. 32.45% of households in Jasper are renters.

Income and Rent Overburden in Jasper

The median gross income for households in Jasper is $47,500 a year, or $3,958 a month. The median rent for the city is $702 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Jasper, a household making less than $2,340 a month would be considered overburdened when renting an apartment at or above the median rent. 35.1% of households who rent are overburdened in Jasper.

Area Median Income In Jasper

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.

HUD often uses an area larger than a city to determine the AMI because HUD anticipates those searching for housing will look beyond individual cities during their housing search. For Jasper, the AMI is calculated from all households within Marion County.

In Jasper, HUD calculates the Area Median Income for a family of four as $75,200

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 Jasper

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 HUD Rental Assistance in Jasper

1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% AMI Income Limits
Renters earning up to 30% of the Jasper AMI may qualify for rental assistance programs that target Extremely Low Income households.
$15,800 $18,310 $23,030 $27,750 $32,470 $37,190 $41,910 $46,630
50% AMI Income Limits
Renters earning up to 50% of the Jasper AMI may qualify for rental assistance programs that target Very Low Income households.
$26,350 $30,100 $33,850 $37,600 $40,650 $43,650 $46,650 $49,650
80% AMI Income Limits
Renters earning up to 80% of the Jasper AMI may qualify for rental assistance programs that target Low Income households.
$42,150 $48,150 $54,150 $60,150 $65,000 $69,800 $74,600 $79,400