Affordable Housing In Madison County
Tennessee

35 Low Income Apartment Communities In Madison County

Park Trace Apartments

100 Parkwood Trace
Jackson, TN
Call For Rent
1-3 BR
Accepts Vouchers

Park Place Apartments

100 Boardwalk Cove
Jackson, TN
Call For Rent
1-3 BR
Accepts Vouchers

Madison Place Apartments

112 Rhone St
Jackson, TN
Call For Rent
1-2 BR
Accepts Vouchers

Whitehall Cove

100 Ben Lifsey Dr
Jackson, TN
Call For Rent
1-3 BR
Accepts Vouchers

Park Ridge Apartments

100 Park Ridge Drive
Jackson, TN
Call For Rent
1-3 BR
Accepts Vouchers

Kingfield South

8 Kingsfield Drive
Jackson, TN
Accepts Vouchers

East Pointe Apartments

504 Daugherty St
Jackson, TN
Subsidized

Royal Arms Apartments

1580 N Royal St
Jackson, TN
Subsidized

New Southern Senior Center

181 E Chester St
Jackson, TN
Subsidized

Lincoln Courts

217 Lincoln Circle
Jackson, TN

Housing Authorities that serve Madison County

Housing Authority Programs
Tennessee Housing Development Agency Central Office Section 8 Housing Choice Voucher (HCV); Mainstream Voucher
Jackson Housing Authority Section 8 Housing Choice Voucher (HCV); Public Housing
Tennessee Housing Development Agency West Tennessee Office Section 8 Housing Choice Voucher (HCV); Homeownership Voucher; Family Self-Sufficiency; Veteran Affairs Supportive Housing (VASH); Mainstream Voucher

Guide To Affordable Housing in Madison County, Tennessee

There are 35 low income housing apartment communities offering 2,569 affordable apartments for rent in Madison County, Tennessee.

Income Based Apartments in Madison County, Tennessee

Madison County features 1,501 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 Madison County, Tennessee

There are 1,068 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Madison County.

Housing Choice Vouchers in Madison County, Tennessee

On average, Section 8 Housing Choice vouchers pay Madison County landlords $600 per month towards rent. The average voucher holder contributes $300 towards rent in Madison County.

The maximum amount a voucher would pay on behalf of a low-income tenant in Madison County, Tennessee for a two-bedroom apartment is between $713 and $871.

2020 Madison County, 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 $516 $648 $792 $1,129 $1,133
Payment Standard Range $464 to $568 $583 to $713 $713 to $871 $1,016 to $1,242 $1,020 to $1,246

Sourced from federal housing data and AffordableHousingOnline.com research.

Madison County, TN Affordable Housing Snapshot

Total Affordable Apartment Properties 35
Total Low Income Apartments 2,569
Total Housing Units with Rental Assistance 1,501
Percentage of Housing Units Occupied By Renters 35.43%
Average Renter Household Size 2.59
Average Household Size 2.56
Median Household Income $42,544 ±$1,587
Median Rent $767 ±$15
Percentage Of Renters Overburdened 54.31% ± 3.55pp
Total Population 98,184

Population and Household Demographics

Madison County is a County in Tennessee with a population of 98,184. There are 36,766 households in the county with an average household size of 2.56 persons. 35.43% of households in Madison County are renters.

Income and Rent Overburden in Madison County

The median gross income for households in Madison County is $42,544 a year, or $3,545 a month. The median rent for the county is $767 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Madison County, a household making less than $2,557 a month would be considered overburdened when renting an apartment at or above the median rent. 54.31% of households who rent are overburdened in Madison County.1

Area Median Income In Madison County

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.

In Madison County, HUD calculates the Area Median Income for a family of four as $53,100

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 Madison County

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 Madison County HUD Rental Assistance in Madison County

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 $30,100 $32,350 $34,550 $36,800
50% of Median $19,500 $22,300 $25,100 $27,850 $30,100 $32,350 $34,550 $36,800
80% of Median $31,250 $35,700 $40,150 $44,600 $48,200 $51,750 $55,350 $58,900

Cities In Madison County

Select A City to View its Apartment Communities and Waiting Lists.

City Listings Served By
Jackson 35 The HUD funded Public Housing Agencies that serve Jackson are the Jackson Housing Authority, Tennessee Housing Development Agency Central Office and Tennessee Housing Development Agency West Tennessee Office.
Medon 0 The HUD funded Public Housing Agencies that serve Medon are the Tennessee Housing Development Agency Central Office, Jackson Housing Authority and Tennessee Housing Development Agency West Tennessee Office.
Three Way 0 The HUD funded Public Housing Agencies that serve Three Way are the Tennessee Housing Development Agency Central Office, Jackson Housing Authority and Tennessee Housing Development Agency West Tennessee Office.