Low Income Apartments and Affordable Housing For Rent in Knox County, TN

Discover affordable housing in Knox County where there are 100+ 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.

auto_awesome Focus Results:
switch_access_shortcut Short Wait
payment Subsidized
real_estate_agent Accepts Vouchers
elderly Senior
payment Income Based
accessibility Accessible
accessible_forward Disability

How To Identify Affordable Housing in Knox County, 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.
The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Knox County, Tennessee
$15.88 (+219%) more than Tennessee minimum wage and $15.88 (+219%) more than the Federal minimum wage.
Learn More About Knox County, Tennessee Affordable Housing ↓

What HUD offices serve Knox County, 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, Mainstream Voucher, Homeownership programs for Knox County, Tennessee.

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

How many renters live in Knox County, Tennessee?

The County of Knox County has people living in households.

There are renters living in renter households in this County. Renters make up 29.27 percent of the population living in Knox County.

What is the rental market like in Knox County, Tennessee?

There are an estimated housing units in the Knox County area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Knox County, Tennessee, there are 1.06 rental units.

What is the vacancy rate for rentals in Knox County?

The rental vacancy rate in Knox County is 5 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 Knox County for each bedroom size?

Occupied Rental Units by Size in Knox County
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
2,507 17,915 30,095 15,307 3,520
Occupied Rental Units by Size in Knox County

A large number of apartments in Knox County 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 Knox County

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $985 to $1,833. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $985
One BR $1,000
Two BR $1,221
Three BR $1,578
Four BR $1,833
2024 Fair Market Rents in Knox County, Tennessee

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

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 1,990 79 percent
One BR 9,455 53 percent
Two BR 14,822 49 percent
Rental Units Below FMR in Knox County, Tennessee

How many affordable rental units are in Knox County?

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

Federal Program Unit Count
Low Income Housing Tax Credit
Public Housing
Section 8 Project-Based Rental Assistance
Mod Rehab Project-Based Rental Assistance
Section 236 Rental Assistance
Section 202 Supportive Housing for the Elderly
Section 811 Supportive Housing for Persons with Disabilities
USDA Section 515 Rural Rental Housing
Tracked Units by Federal Program in Knox County, Tennessee

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

Income Based Apartments in Knox County, Tennessee

Knox County features 7,226 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 Knox County, Tennessee

There are 3,233 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Knox County.

Housing Choice Vouchers in Knox County, Tennessee

On average, Section 8 Housing Choice vouchers pay Knox County landlords $600 per month towards rent. The average voucher holder contributes $300 towards rent in Knox County.

The maximum amount a voucher would pay on behalf of a low-income tenant in Knox County, Tennessee for a two-bedroom apartment is between $1,099 and $1,343.

Sourced from federal housing data and AffordableHousingOnline.com research.