Low Income Apartments and Affordable Housing For Rent in Lenoir City, TN

Discover affordable housing in Lenoir City where there are 9+ 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.

Town Creek Village

171 Country Ln, Lenoir City, Tennessee 37771

switch_access_shortcut Short Wait
accessibility Accessible

Springplace Apartments

304 Locust St, Lenoir City, Tennessee 37771

bed 1
payment Subsidized
accessibility Accessible

River Manor Apartments

6370 Industrial Blvd, Lenoir City, Tennessee 37771

switch_access_shortcut Short Wait
payment Subsidized
real_estate_agent Accepts Vouchers

Silver Hills Apartments

699 Grayson Freedman Ln, Lenoir City, Tennessee 37771

switch_access_shortcut Short Wait
payment Subsidized
real_estate_agent Accepts Vouchers

Mcghee Square

225 Kelly Ln, Lenoir City, Tennessee 37771

payment Subsidized

Hines Valley Apartments

1 Hines Ct, Lenoir City, Tennessee 37771

switch_access_shortcut Short Wait
payment Subsidized
real_estate_agent Accepts Vouchers
payment Income Based

412 W 10th Ave

412 W 10th Ave, Lenoir City, Tennessee 37771

bed 2
payment $1150/mo.

Dogwood Terrace III

600 Ivy St, Lenoir City, Tennessee 0

Sunset Hills

100 Oakwood Dr, Lenoir City, Tennessee 37771

payment Subsidized
accessibility Accessible

How To Identify Affordable Housing in Lenoir City, 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.
real_estate_agent Naturally Affordable
Naturally Occuring Affordable Housing - or NOAH - is any housing unit that offers affordable rent without participating in a rent subsidy program.
The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Lenoir City, Tennessee
$23.13/hour
$15.88 (+219%) more than Tennessee minimum wage and $15.88 (+219%) more than the Federal minimum wage.
Learn More About Lenoir City, Tennessee Affordable Housing ↓

What HUD offices serve Lenoir City, 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 Public Housing programs for Lenoir City, Tennessee.
Operates the Section 8 Housing Choice Voucher (HCV), Family Self-Sufficiency, Mainstream Voucher, Homeownership programs for Lenoir City, Tennessee.

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

How many renters live in Lenoir City, Tennessee?

The City of Lenoir City has people living in households.

There are renters living in renter households in this City. Renters make up 41.52 percent of the population living in Lenoir City.

What is the rental market like in Lenoir City, Tennessee?

There are an estimated housing units in the Lenoir City area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Lenoir City, Tennessee, there are 1.12 rental units.

What is the vacancy rate for rentals in Lenoir City?

The rental vacancy rate in Lenoir City is 9 percent. This is a higher than average vacancy rate. When rental vacancy rates are high it means that there are a lot of available units and rents tend to be lower.

How many rental units are in Lenoir City for each bedroom size?

Occupied Rental Units by Size in Lenoir City
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
0 334 577 523 48
Occupied Rental Units by Size in Lenoir City

A large number of apartments in Lenoir City 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 Lenoir City

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 Lenoir City, Tennessee

How many units are rented at Fair Market Rent (FMR) in Lenoir City?

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
One BR 248 74 percent
Two BR 358 62 percent
Rental Units Below FMR in Lenoir City, Tennessee

How many affordable rental units are in Lenoir City?

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

Federal Program Unit Count
Low Income Housing Tax Credit
Public Housing
Section 8 Project-Based Rental Assistance
USDA Section 515 Rural Rental Housing
Tracked Units by Federal Program in Lenoir City, Tennessee

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

Income Based Apartments in Lenoir City, Tennessee

Lenoir City features 396 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 Lenoir City, Tennessee

There are 120 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Lenoir City.

Housing Choice Vouchers in Lenoir City, Tennessee

On average, Section 8 Housing Choice vouchers pay Lenoir City landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Lenoir City.

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

Sourced from federal housing data and AffordableHousingOnline.com research.

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