Affordable Housing In Knoxville
Knox County, Tennessee

94 Low Income Apartment Communities In Knoxville

Summit Towers

201 Locust St
Knoxville, TN
Income Based
1 BR
62+
Accessible
Subsidized

Morningside Gardens

1800 Linden Ave
Knoxville, TN
Income Based
1 BR
62+
Subsidized

Big Oak Apartments

3807 Middlebrook Pike
Knoxville, TN
Income Based
1-3 BR
HCV Welcome
Subsidized

Holston Oaks Apartments

1930 Natchez Avenue
Knoxville, TN
Call For Rent
1-3 BR
Subsidized

Dr Lee Williams Senior Complex

317 McConnell St
Knoxville, TN
Call For Rent
Studio-2 BR

Golden Age Retirement Village

1109 Beaman Lake Road
Knoxville, TN
Call For Rent
1-2 BR
62+
Accessible
Elderly Supportive Housing
HCV Welcome
Subsidized

The Residences at Eastport

579 McConnell St
Knoxville, TN
Call For Rent
1 BR
HCV Welcome

Belle Meade Apartments And Townhomes

7209 Old Clinton Pike
Knoxville, TN
Call For Rent
1-2 BR
Subsidized

Flenniken Square Apartments

3935 Martin Mill Pike
Knoxville, TN
Call For Rent
2-3 BR
HCV Welcome

Cedar Springs Apartments

364 Cedar View Way
Knoxville, TN
Call For Rent
1-4 BR
Subsidized

Housing Authorities that serve Knoxville

Housing Authority Programs
Knoxville Community Development Corporation Section 8 Housing Choice Voucher (HCV); Public Housing
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

Other Housing Authorities located in Knoxville

Housing Authority Programs
East Tennessee Human Resource Agency Section 8 Housing Choice Voucher (HCV)

Guide To Affordable Housing in Knoxville, Tennessee

According to federal housing data and AffordableHousingOnline.com research, there are 94 low income housing apartment communities offering 9,747 affordable apartments for rent in Knoxville, Tennessee. Knoxville features 7,244 low income apartments with rental assistance where households typically pay no more than 30% of their income towards rent. Additionally, there are 2,503 other low income apartments that don't provide direct rental assistance but remain affordable to low income households in Knoxville.

Knoxville, TN Affordable Housing Snapshot

Total Affordable Apartment Properties 94
Total Low Income Apartments 9,747
Total Housing Units with Rental Assistance 7,244
Percentage of Housing Units Occupied By Renters 53.41%
Average Renter Household Size 2.08
Average Household Size 2.14
Median Household Income $34,226 ±$826
Median Rent $752 ±$11
Percentage Of Renters Overburdened 48.59% ± 2.04pp
Total Population 183,066

Population and Household Demographics

Knoxville is a City in Knox County, Tennessee with a population of 183,066. There are 81,073 households in the city with an average household size of 2.14 persons. 53.41% of households in Knoxville are renters.

Income and Rent Overburden in Knoxville

The median gross income for households in Knoxville is $34,226 a year, or $2,852 a month. The median rent for the city is $752 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Knoxville, a household making less than $2,507 a month would be considered overburdened when renting an apartment at or above the median rent. 48.59% of households who rent are overburdened in Knoxville.1

Area Median Income In Knoxville

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 Knoxville, the AMI is calculated from all households within Knox County.

In Knoxville, HUD calculates the Area Median Income for a family of four as $69,900

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 Knoxville

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 Knoxville HUD Rental Assistance in Knoxville

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $14,700 $16,910 $21,330 $25,750 $30,170 $34,590 $39,010 $43,430
50% of Median $24,500 $28,000 $31,500 $34,950 $37,750 $40,550 $43,350 $46,150
80% of Median $39,150 $44,750 $50,350 $55,900 $60,400 $64,850 $69,350 $73,800
Low Income Housing Tax Credits in Knoxville

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

From 1987 to 2011, 42 low income apartment communities containing 4,089 rental apartments have been constructed and made affordable to low income persons in Knoxville 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 Knoxville

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
50% of Median $24,500 $28,000 $31,500 $34,950 $37,750 $40,550 $43,350 $46,150
60% of Median $29,400 $33,600 $37,800 $41,940 $45,300 $48,660 $52,020 $55,380

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 Knoxville is $37,800 a year, or $3,150 a month. To determine the maximum rent in the table below we multiply the monthly maximum income, $3,150 by 30% to get a maximum rent of $945 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% $613 $656 $788 $909 $1,014 $1,119
60% $735 $788 $945 $1,091 $1,217 $1,343
Fair Market Rents in Knoxville

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.

2020 Fair Market Rents
Studio One BR Two BR Three BR Four BR
$624 $742 $915 $1,198 $1,476