Affordable Housing In Lawrenceburg
Lawrence County, Tennessee

11 Low Income Apartment Communities In Lawrenceburg

M. L. Lumpkins Homes

263 Waterloo St
Lawrenceburg, Tennessee

Housing Authorities that serve Lawrenceburg

Housing Authority Programs
Lawrenceburg Housing Authority Public Housing
Tennessee Housing Development Agency Central Office Section 8 Housing Choice Voucher (HCV); Mainstream Voucher
Tennessee Housing Development Agency South Central Tennessee Office Section 8 Housing Choice Voucher (HCV)

Guide To Affordable Housing in Lawrenceburg, Tennessee

There are 11 low income housing apartment communities offering 665 affordable apartments for rent in Lawrenceburg, Tennessee.

Income Based Apartments in Lawrenceburg, Tennessee

Lawrenceburg features 491 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 Lawrenceburg, Tennessee

There are 174 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Lawrenceburg.

Housing Choice Vouchers in Lawrenceburg, Tennessee

On average, Section 8 Housing Choice vouchers pay Lawrenceburg landlords $600 per month towards rent. The average voucher holder contributes $200 towards rent in Lawrenceburg.

The maximum amount a voucher would pay on behalf of a low-income tenant in Lawrenceburg, Tennessee for a two-bedroom apartment is between $592 and $724.

2020 Lawrenceburg, Tennessee Fair Market Rents and Housing Choice Voucher Payment Standards

Fair Market Rents can be used to better understand the average housing costs of an area. Fair Market Rents are used by HUD to establish payment and rent standards for federal rental assistance programs like the Section 8 Housing Choice Voucher Program.

Studio One BR Two BR Three BR Four BR
Fair Market Rent $499 $538 $658 $863 $985
Payment Standard Range $449 to $549 $484 to $592 $592 to $724 $777 to $949 $887 to $1,084

Sourced from federal housing data and research.

Lawrenceburg, TN Affordable Housing Snapshot

Total Affordable Apartment Properties 11
Total Low Income Apartments 665
Total Housing Units with Rental Assistance 491
Percentage of Housing Units Occupied By Renters 43.42%
Average Renter Household Size 1.97
Average Household Size 2.28
Median Household Income $29,443 ±$2,423
Median Rent $546 ±$40
Percentage Of Renters Overburdened 43.1% ± 9.26pp
Total Population 10,487

Population and Household Demographics

Lawrenceburg is a City in Lawrence County, Tennessee with a population of 10,487. There are 4,440 households in the city with an average household size of 2.28 persons. 43.42% of households in Lawrenceburg are renters.

Income and Rent Overburden in Lawrenceburg

The median gross income for households in Lawrenceburg is $29,443 a year, or $2,454 a month. The median rent for the city is $546 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Lawrenceburg, a household making less than $1,820 a month would be considered overburdened when renting an apartment at or above the median rent. 43.1% of households who rent are overburdened in Lawrenceburg.1

Area Median Income In Lawrenceburg

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 Lawrenceburg, the AMI is calculated from all households within Lawrence County.

In Lawrenceburg, HUD calculates the Area Median Income for a family of four as $51,000

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 Lawrenceburg

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 HUD Rental Assistance in Lawrenceburg

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $12,490 $16,910 $21,330 $25,750 $28,350 $30,450 $32,550 $34,650
50% of Median $18,400 $21,000 $23,650 $26,250 $28,350 $30,450 $32,550 $34,650
80% of Median $29,400 $33,600 $37,800 $42,000 $45,400 $48,750 $52,100 $55,450