Low Income Apartments and Affordable Housing For Rent in Tennessee, TN

Discover affordable housing in Tennessee where there are 750+ 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.

Colonial House Apartments

1131 Vaughn Dr. , Tiptonville, Tennessee 38079

switch_access_shortcut Short Wait
payment Subsidized
real_estate_agent Accepts Vouchers

Countryside Apartments

720 Spring St, Charlotte, Tennessee 37036

switch_access_shortcut Short Wait

Pinetree Village

45 Pinetree Village, Centerville, Tennessee 37033

switch_access_shortcut Short Wait
payment Subsidized
real_estate_agent Accepts Vouchers

Center Hill Village

1222 South College St, Smithville, Tennessee 37166

switch_access_shortcut Short Wait
payment Subsidized
real_estate_agent Accepts Vouchers

Whispering Oaks Apartments

64 Ridge Rd, Waverly, Tennessee 37185

switch_access_shortcut Short Wait
payment Subsidized
real_estate_agent Accepts Vouchers

Rolling Meadows Apartments

186 Dry Valley Rd, Algood, Tennessee 38506

switch_access_shortcut Short Wait
payment Subsidized
real_estate_agent Accepts Vouchers

River Manor Apartments

6370 Industrial Blvd, Lenoir City, Tennessee 37771

switch_access_shortcut Short Wait
payment Subsidized
real_estate_agent Accepts Vouchers

High Forest Apartments

230 N Walnut St, Hohenwald, Tennessee 38462

switch_access_shortcut Short Wait
payment Subsidized
real_estate_agent Accepts Vouchers

Peyton Manor

460 Peyton Rd, Lebanon, Tennessee 37087

payment Subsidized
elderly Senior
accessibility Accessible

Highland Manor II

614 N Holly ST, Monterey, Tennessee 38574

payment Subsidized
elderly Senior
accessibility Accessible

Westview Manor Apartments

701 Westview Cove, Somerville, Tennessee 38068

payment Subsidized

Volunteer Residences

2 Cedar Ave, Rutledge, Tennessee 37861

payment Subsidized
accessibility Accessible

Westgate Village

1720 Nathaniel Dr, Johnson City, Tennessee 37604

payment Subsidized

Foxtail Grove Apartments

510 N Main Hwy 76, Somerville, Tennessee 38068

switch_access_shortcut Short Wait
payment Subsidized
real_estate_agent Accepts Vouchers

Pikeville Townhouses

RR 4 Box 700, Pikeville, Tennessee 37367

payment Subsidized

Cambridge Apartments

RR 2 Box 433, Rutledge, Tennessee 37861

payment Subsidized
elderly Senior
accessibility Accessible

Lincoln Park Apartments

1109 Sulphur Springs Rd, Morristown, Tennessee 37813

payment Subsidized
elderly Senior
accessibility Accessible

Caap Place of Hope

000 Ferguson Rd, Memphis, Tennessee 38106

accessibility Accessible

Woodland Ridge Apartments

RR 1 Box 2773, Monteagle, Tennessee 37356

switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers

Mountain Grove Apartments

832 N SPRING ST, Livingston, Tennessee 38570

payment Subsidized
elderly Senior
accessibility Accessible

How To Identify Affordable Housing in 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 Tennessee
$24.58/hour
$17.33 (+239%) more than Tennessee minimum wage and $17.33 (+239%) more than the Federal minimum wage.
Learn More About Tennessee Affordable Housing ↓

How many renters live in Tennessee?

The State of Tennessee has people living in households.

There are renters living in renter households in this State. Renters make up 16.41 percent of the population living in Tennessee.

What is the rental market like in Tennessee?

There are an estimated housing units in the Tennessee area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Tennessee, there are 1.05 rental units.

What is the vacancy rate for rentals in Tennessee?

The rental vacancy rate in Tennessee is 2 percent. This is a lower than average vacancy rate. When rental vacancy rates are low there are fewer available units. Rents tend to be higher as more people compete for scarce housing.

How many rental units are in Tennessee for each bedroom size?

Occupied Rental Units by Size in Tennessee
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
116 320 822 1,297 388
Occupied Rental Units by Size in Tennessee

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

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

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 73 63 percent
One BR 285 89 percent
Two BR 657 80 percent
Rental Units Below FMR in Tennessee

How many affordable rental units are in Tennessee?

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

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

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

Income Based Apartments in Tennessee

Tennessee features 77,250 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 Tennessee

There are 49,795 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Tennessee.

Housing Choice Vouchers in Tennessee

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Tennessee for a two-bedroom apartment is between $1,168 and $1,428.

Sourced from federal housing data and AffordableHousingOnline.com research.

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