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.

The Abbington at Stones River

1335 Bradyville Pike, Murfreesboro, Tennessee 37149

bed 1-3
payment $1051-1448/mo.
switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers

White Oak Crossing

290 Quaker Way, Knoxville, Tennessee 37920

bed 2-3
payment $635-819/mo.
switch_access_shortcut Short Wait
accessibility Accessible

Cherokee Hills Apartments

2020 Bates Pike SE, Cleveland, Tennessee 37311

bed 2-4
payment $825-1050/mo.
switch_access_shortcut Short Wait
accessibility Accessible

Ryman Lofts Apartments

33 Peabody St, Nashville, Tennessee 37215

bed Studio-3
payment $618-905/mo.
switch_access_shortcut Short Wait
accessibility Accessible

Arbor Place Apartments

2727 Arbor Pl, Knoxville, Tennessee 37917

bed 1-2
payment $595-635/mo.
payment Subsidized
accessibility Accessible

Turnrow

502 Jernigan Drive, Somerville, Tennessee 38068

bed 2-3
payment $595-970/mo.
switch_access_shortcut Short Wait
accessibility Accessible

Valley View Garden Apartments

10 Garden Loop Ct, Dunlap, Tennessee 37327

bed 2-3
payment $475-525/mo.
switch_access_shortcut Short Wait
accessibility Accessible

Raines East

103 Young Rd, Bolivar, Tennessee 38008

bed 1-3
payment $435-715/mo.
switch_access_shortcut Short Wait
accessibility Accessible

Lafayette Landing

155 Lafayette Landing drive, Lafayette, Tennessee 37803

bed 1-3
payment $482-569/mo.
switch_access_shortcut Short Wait
accessibility Accessible

Rutledge Place

792 Seymour St, Morristown, Tennessee 37813

bed 1-3
payment $500-796/mo.
switch_access_shortcut Short Wait
accessibility Accessible

Greenwood Place

265 Quinland Lake Road, Algood, Tennessee 38506

bed 1-3
payment $582-949/mo.
switch_access_shortcut Short Wait
accessibility Accessible

Ware Park

1464 E. Cheatham St., Union City, Tennessee 38261

bed 1-3
payment $475-695/mo.
switch_access_shortcut Short Wait
accessibility Accessible

Stone Gate Apartments

126 Prospect Rd, Maynardville, Tennessee 37807

bed 1-2
switch_access_shortcut Short Wait
accessibility Accessible

Montgomery Plaza

1395 Pennsylvania St, Memphis, Tennessee 38106

bed 1
payment Subsidized

Gate Manor Apartments

1200 Fowler Ln, Clinton, Tennessee 37716

bed 1-3
payment Subsidized
accessibility Accessible

Golden Age Retirement Village

1109 Beaman Lake Road, Knoxville, Tennessee 37914

bed 1-2
payment Subsidized
elderly Senior

Buchanan Way Apartments

3099 Buchanan Road Southeast, Cleveland, Tennessee 37323

bed 1-3
switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers

Enclave at Wolfchase

1810 West Wolfchase Circle, Memphis, Tennessee 38016

bed 1-3
payment $962-1383/mo.

Reddick Senior Residence

198 Granbury St, Franklin, Tennessee 37064

bed 1-2
switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers
accessibility Accessible

Cleaborn Pointe at Heritage Landing Apartments

440 South Lauderdale, Memphis, Tennessee 38126

bed 1-3
switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers
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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