Welcome to Big Oak Apartments, an affordable residential community featuring one, two and three bedroom apartment homes in Knoxville, TN located on Middlebrook Pike, convenient to West Downtown.
One visit to Big Oak Apartments and you’ll quickly realize that green spaces, rolling hills, and trees are an integral part of our community as a pleasant place to enjoy family and friends. Rents are based on income and income restrictions apply
Unit (Bd/Ba) | Ft2 | Rent |
---|---|---|
1 Bedroom (1/1) | 761 | Income Based |
2 Bedroom (2/1) | 861 | Income Based |
3 Bedroom (3/1) | 1,103 | Income Based |
Day | Hours |
---|---|
Monday | 8:00am-4:00pm |
Tuesday | 8:00am-4:00pm |
Wednesday | 8:00am-4:00pm |
Thursday | 8:00am-4:00pm |
Friday | 8:00am-4:00pm |
Since this property has a Project-Based Section 8 contract with HUD, some or all of the rents at this community are based on tenant incomes. Tenants leasing units participating in the Section 8 Project-Based Rental Assistance program typically contribute less than 30% of their adjusted income towards rental costs.
Since this property has received funding in part through the Low Income Housing Tax Credit (LIHTC) program, a certain number of units are set aside for lower income households. Households must earn either less than 50% or 60% of the area median income (depending on the set-aside option chosen by the property owner) to qualify for these units. Rents in these units are capped at a maximum of 30% of the set-aside area median income (adjusted for unit size). Some rental units in this property may not be subject to LIHTC and therefore have higher rents and no maximum household income requirement.
Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in a HUD rental assistance program in Knoxville but actual income limits may differ for units at Big Oak Apartments.
AMI Band | 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person | 7 Person | 8 Person |
---|---|---|---|---|---|---|---|---|
30% | $17,150 | $19,600 | $23,030 | $27,750 | $32,470 | $37,190 | $41,910 | $46,630 |
50% | $28,600 | $32,650 | $36,750 | $40,800 | $44,100 | $47,350 | $50,600 | $53,900 |
80% | $45,750 | $52,250 | $58,800 | $65,300 | $70,550 | $75,750 | $81,000 | $86,200 |
Big Oak Apartments is managed by Evergreen Real Estate Group.