Low Income Apartments and Affordable Housing For Rent in Madison County, TN

Discover affordable housing in Madison County where there are 35+ 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.

Wesley Jackson Highlands

2692 N Highland Ave, Jackson, Tennessee 38305

Mcmillan Towers

212 S Fairgrounds St, Jackson, Tennessee 38301

Baker Place

115 Minor Pope Way, Jackson, Tennessee 38301

Washington - Douglas - Linco

91 Adams St, Jackson, Tennessee 38301

Allenton Heights

122 Allen Ave, Jackson, Tennessee 38301

Rosewood Gardens and Allen

110 Preston St, Jackson, Tennessee 38301

Chapelridge of Jackson

100 Chapel Ridge Dr, Jackson, Tennessee 38305

Intown Apartments

530 E Main St, Jackson, Tennessee 38301

Lafayette Plaza

610 E College St, Jackson, Tennessee 38301

541 S Royal

541 S Royal St, Jackson, Tennessee 38301

545 S Royal

545 S Royal St, Jackson, Tennessee 38301

537 S Royal St

537 S Royal St, Jackson, Tennessee 38301

117 Wells Ally

117 Wells Aly, Jackson, Tennessee 38301

115 - 117 W Orleans

115 W Orleans St, Jackson, Tennessee 38301

116 Mccowat

116 McCowat St, Jackson, Tennessee 38301

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Madison County, Tennessee
$21.55/hour
$14.30 (+197%) more than Tennessee minimum wage and $14.30 (+197%) more than the Federal minimum wage.
Learn More About Madison County, Tennessee Affordable Housing ↓

What HUD offices serve Madison County, 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 Section 8 Housing Choice Voucher (HCV), Public Housing, Family Self-Sufficiency, Veteran Affairs Supportive Housing (VASH) programs for Madison County, Tennessee.
Operates the Section 8 Housing Choice Voucher (HCV), Family Self-Sufficiency, Mainstream Voucher, Homeownership programs for Madison County, Tennessee.

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

How many renters live in Madison County, Tennessee?

The County of Madison County has 99,245 people living in 38,590 households.

There are 29,913 renters living in 13,696 renter households in this County. Renters make up 30.14 percent of the population living in Madison County.

What is the rental market like in Madison County, Tennessee?

There are an estimated 43,748 housing units in the Madison County area. Of these, 16,285 units are rental homes, making up 37 percent of the housing market. For every renter household in Madison County, Tennessee, there are 1 rental units.

What is the vacancy rate for rentals in Madison County?

The rental vacancy rate in Madison County is 7 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 Madison County for each bedroom size?

Occupied Rental Units by Size in Madison County
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
374 2,090 6,255 4,960 1,045
Occupied Rental Units by Size in Madison County

A large number of apartments in Madison County have two or fewer bedrooms. Seniors and young professionals especially may have more success finding an apartment that meets their needs.

How many renter households in Madison County are overburdened by housing costs?

Among renter households in this market, 51 percent have housing cost burden. Further, 19 percent of households are extremely rent overburdened. When renters pay too much for their housing, it leaves little money for other necessities like food, clothes, or medicine.

The federal government says that renters are cost-burdened if they pay more than a third of their monthly income for rent and utilities.

How Much Is Rent in Madison County

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $771 to $1,563. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $771
One BR $866
Two BR $1,138
Three BR $1,558
Four BR $1,563
2024 Fair Market Rents in Madison County, Tennessee

How many units are rented at Fair Market Rent (FMR) in Madison County?

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
Studio 282 75 percent
One BR 1,465 70 percent
Two BR 3,924 63 percent
Rental Units Below FMR in Madison County, Tennessee

How many affordable rental units are in Madison County?

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

Federal Program Unit Count
Low Income Housing Tax Credit 1,382
Public Housing 654
Section 8 Project-Based Rental Assistance 516
Section 202 Supportive Housing for the Elderly 50
Tracked Units by Federal Program in Madison County, Tennessee

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

Income Based Apartments in Madison County, Tennessee

Madison County features 1,349 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 1,032 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 $1,024 and $1,252.

Sourced from federal housing data and AffordableHousingOnline.com research.