Affordable Housing In Knoxville
Knox County, Tennessee

90 Low Income Apartment Communities In Knoxville

Prestwick Ridge Apartments

415 Prestwick Ridge Way
Knoxville, TN
HCV Welcome

Cassell View Apartments

1230 Cassell Valley Way
Knoxville, TN
HCV Welcome

Minvilla Manor

447 N Broadway St
Knoxville, TN
HCV Welcome

Suncrest Estates

7400 Smokey Falls Way
Knoxville, TN
HCV Welcome

Melinpe II

2706 E Magnolia Ave
Knoxville, TN
HCV Welcome

Khp Willow Apartments

7224 Oak Ridge Hwy
Knoxville, TN
HCV Welcome

2215 Washington Pk

2215 Washington Pike
Knoxville, TN
HCV Welcome

Flenniken Housing

115 Flenniken Ave
Knoxville, TN
HCV Welcome

Cfs Pleasantree Apartments

1909 Dawn St
Knoxville, TN
HCV Welcome

Oak Crest Apartments

904 Knotty Oak Way
Knoxville, TN
HCV Welcome

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); Mainstream Voucher
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

There are 90 low income housing apartment communities offering 9,222 affordable apartments for rent in Knoxville, Tennessee. Knoxville features 6,577 low income apartments with rental assistance where households typically pay no more than 30% of their income towards rent. Additionally, there are 2,453 other low income apartments that don't provide direct rental assistance but remain affordable to low income households in Knoxville.

Sourced from federal housing data and AffordableHousingOnline.com research.

Knoxville, TN Affordable Housing Snapshot

Total Affordable Apartment Properties 90
Total Low Income Apartments 9,222
Total Housing Units with Rental Assistance 6,577
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