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Affordable Housing In Lewisburg
Marshall County, Tennessee

10 Low Income Apartment Communities In Lewisburg

Hillside Terrace Apartments

1520 Glenn Avenue
Lewisburg, Tennessee
Subsidized

Peartree Village Apartments

1199 Nashville Hwy
Lewisburg, Tennessee
Subsidized

Northgate Arms Apartments

1038 Cornersville Rd
Lewisburg, Tennessee
Subsidized

Lewisburg Summit Apartments

730 Franklin Ave
Lewisburg, Tennessee
Subsidized

Saddlewood Apartments

951 W Ellington Pkwy
Lewisburg, Tennessee

Centerstone Lewisburg

New State Highway 50
Lewisburg, Tennessee

Acorn Hills

1201 Pine Cone Dr
Lewisburg, Tennessee

Maple Grove I Apartments

1230 S Ellington Pkwy
Lewisburg, Tennessee
Subsidized

James K. Polk Court

421 9th Ave N
Lewisburg, Tennessee

Cedar Hills Apts

200 Tiger Blvd
Lewisburg, Tennessee
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Housing Authorities that serve Lewisburg

Housing Authority Programs
Lewisburg 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 Lewisburg, Tennessee

There are 10 low income housing apartment communities offering 698 affordable apartments for rent in Lewisburg, Tennessee.

Income Based Apartments in Lewisburg, Tennessee

Lewisburg features 586 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 Lewisburg, Tennessee

There are 112 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Lewisburg.

Housing Choice Vouchers in Lewisburg, Tennessee

On average, Section 8 Housing Choice vouchers pay Lewisburg landlords $600 per month towards rent. The average voucher holder contributes $400 towards rent in Lewisburg.

The maximum amount a voucher would pay on behalf of a low-income tenant in Lewisburg, Tennessee for a two-bedroom apartment is between $672 and $822.

2020 Lewisburg, 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 $563 $567 $747 $948 $1,012
Payment Standard Range $507 to $619 $510 to $624 $672 to $822 $853 to $1,043 $911 to $1,113

Sourced from federal housing data and AffordableHousingOnline.com research.

Lewisburg, TN Affordable Housing Snapshot

Total Affordable Apartment Properties 10
Total Low Income Apartments 698
Total Housing Units with Rental Assistance 586
Percentage of Housing Units Occupied By Renters 44.45%
Average Renter Household Size 2.53
Average Household Size 2.46
Median Household Income $34,201 ±$4,355
Median Rent $610 ±$28
Percentage Of Renters Overburdened 43.91% ± 9.38pp
Total Population 11,321

Population and Household Demographics

Lewisburg is a city in Marshall County, Tennessee with a population of 11,321. There are 4,432 households in the city with an average household size of 2.46 persons. 44.45% of households in Lewisburg are renters.

Income and Rent Overburden in Lewisburg

The median gross income for households in Lewisburg is $34,201 a year, or $2,850 a month. The median rent for the city is $610 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Lewisburg, a household making less than $2,033 a month would be considered overburdened when renting an apartment at or above the median rent. 43.91% of households who rent are overburdened in Lewisburg.

Area Median Income In Lewisburg

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 Lewisburg, the AMI is calculated from all households within Marshall County.

In Lewisburg, HUD calculates the Area Median Income for a family of four as $58,600

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 Lewisburg

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 Lewisburg

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $12,760 $17,240 $21,720 $26,200 $30,680 $34,000 $36,350 $38,700
50% of Median $20,550 $23,450 $26,400 $29,300 $31,650 $34,000 $36,350 $38,700
80% of Median $32,850 $37,550 $42,250 $46,900 $50,700 $54,450 $58,200 $61,950