Low Income Apartments and Affordable Housing For Rent in Jasper, TN

Discover affordable housing in Jasper where there are 5+ 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.

Jasper Senior Apartments

235 E 7th St, Jasper, Tennessee 37347

switch_access_shortcut Short Wait
payment Subsidized
real_estate_agent Accepts Vouchers

Town Creek Apartments I

500 Cumberland Ave, Jasper, Tennessee 37347

The Bluffs

400 Cumberland Avenue, Jasper, Tennessee 37347

switch_access_shortcut Short Wait
payment Subsidized
real_estate_agent Accepts Vouchers

411 Elm Ave Unit 4

411 Elm Ave Unit 4, Jasper, Tennessee 37347

bed 2
payment $800/mo.

411 Elm Ave Unit 2

411 Elm Ave Unit 2, Jasper, Tennessee 37347

bed 2
payment $800/mo.

How To Identify Affordable Housing in Jasper, 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 Jasper, Tennessee
$23.33/hour
$16.08 (+222%) more than Tennessee minimum wage and $16.08 (+222%) more than the Federal minimum wage.
Learn More About Jasper, Tennessee Affordable Housing ↓

What HUD offices serve 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.

Operates the Section 8 Housing Choice Voucher (HCV), Family Self-Sufficiency programs for Jasper, Tennessee.

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

How many renters live in Jasper, Tennessee?

The City of Jasper has people living in households.

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

What is the rental market like in Jasper, Tennessee?

There are an estimated housing units in the Jasper area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Jasper, Tennessee, there are 1.08 rental units.

What is the vacancy rate for rentals in Jasper?

The rental vacancy rate in Jasper is 0 percent. This is a lower than average vacancy rate. When rental vacancy rates are low there are fewer available units. Rents tend to be higher as more people compete for scarce housing.

How many rental units are in Jasper for each bedroom size?

Occupied Rental Units by Size in Jasper
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
22 66 20 79 22
Occupied Rental Units by Size in Jasper

A large number of apartments in Jasper 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 Jasper

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $1,068 to $1,784. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $1,068
One BR $1,085
Two BR $1,232
Three BR $1,569
Four BR $1,784
2024 Fair Market Rents in Jasper, Tennessee

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

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
Studio 3 14 percent
One BR 66 100 percent
Two BR 20 100 percent
Rental Units Below FMR in Jasper, Tennessee

How many affordable rental units are in Jasper?

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

Federal Program Unit Count
Low Income Housing Tax Credit
USDA Section 515 Rural Rental Housing
Tracked Units by Federal Program in Jasper, Tennessee

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

Income Based Apartments in Jasper, Tennessee

Jasper features 85 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 $1,109 and $1,355.

Sourced from federal housing data and AffordableHousingOnline.com research.

Email Signup
Don't Miss A Waiting List Opening