Low Income Apartments In Maury County
Tennessee

Low Income Apartments In Maury County

Cedar Pointe

100 Timber Trl
Columbia, TN
Call For Rent
1-3 BR
HCV Welcome

Columbia Meadows Apartments

148 Brannon Ct
Columbia, TN
Subsidized

Creekside Acres

200 Dyer St
Columbia, TN
HCV Welcome

River Highlands Apartments

90 Freedom Ln
Columbia, TN
HCV Welcome

Willow Bend Apartments

1155 N Main St
Mount Pleasant, TN
HCV Welcome

Stonebridge Apartments

100 Stonebridge Way
Columbia, TN
HCV Welcome

Carver House

903 E End St
Columbia, TN
HCV Welcome

Henning Village

500 S Main St
Columbia, TN
HCV Welcome

Village of Hope

000 Cord St
Columbia, TN
Accessible
Disabled Supportive Housing
Subsidized

Elmwood Apartments

711 N Main St
Mount Pleasant, TN

There are 14 low income housing apartment complexes which contain 1,173 affordable apartments for rent in Maury County. Many of these rental apartments are income based housing with 522 apartments that set rent based on your income. In Maury County, HUD housing programs support 95 rental assistance apartments through programs like Project-based Section 8. There are 651 other low income apartments that don't have rental assistance but are still considered to be affordable housing for low income families.

Housing Authorities that serve Maury County

Housing Authority Programs
Tennessee Housing Development Agency Central Office Section 8 Housing Choice Voucher (HCV)
Tennessee Housing Development Agency South Central Tennessee Office Section 8 Housing Choice Voucher (HCV)

Other Housing Authorities located in Maury County

Housing Authority Programs
Columbia Housing And Redevelopment Corporatio Public Housing
Mt. Pleasant Housing Authority Public Housing

Guide To Affordable Housing in Maury County, Tennessee

Maury County, TN Affordable Housing Snapshot

Total Affordable Apartment Properties 14
Total Low Income Apartments 1,173
Total Rent Assisted Apartments 522
Percentage of Housing Units Occupied By Renters 31.43%
Average Renter Household Size 2.48
Total Population 84,089
Housing Units 32,465
Average Household Size 2.55
Median Household Income $47,692 ±$1,900
Median Rent $723 ±$40
Percentage Of Renters Overburdened 44.51% ± 4.18pp

Population and Household Demographics

Maury County is a County in Tennessee with a population of 84,089. There are 32,465 households in the county with an average household size of 2.55 persons. 31.43% of households in Maury County are renters.

Income and Rent Overburden in Maury County

The median gross income for households in Maury County is $47,692 a year, or $3,974 a month. The median rent for the county is $723 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Maury County, a household making less than $2,410 a month would be considered overburdened when renting an apartment at or above the median rent. 44.51% of households who rent are overburdened in Maury County.1

Area Median Income In Maury 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 Maury County, HUD calculates the Area Median Income for a family of four as $64,700

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 Maury 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 Maury County HUD Rental Assistance in Maury County

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $13,600 $16,910 $21,330 $25,750 $30,170 $34,590 $39,010 $42,750
50% of Median $22,650 $25,900 $29,150 $32,350 $34,950 $37,550 $40,150 $42,750
80% of Median $36,250 $41,400 $46,600 $51,750 $55,900 $60,050 $64,200 $68,350
Low Income Housing Tax Credits in Maury County

The Low-Income Housing Tax Credit (LIHTC) program aims to create affordable rental housing for low and very low income families.

From 1987 to 2007, 8 low income apartment communities containing 579 rental apartments have been constructed and made affordable to low income persons in Maury County by the Low Income Housing Tax Credit Program.

If your income is less than 60% of the Area Median Income (AMI), you should not expect to pay more than the rent value for a unit in the table below. However, Affordable apartment communities that receive funding through the Low Income Housing Tax Credit program may have rental units that are not subject to income and rent limits.

Rent limits for the LIHTC Program are determined so that a household making the maximum income for the expected household size of the unit would only pay 30% of their income for rent.

Income Qualifications for Low Income Housing Tax Credit Apartments in Maury County

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
60% of Median $27,180 $31,080 $34,980 $38,820 $41,940 $45,060 $48,180 $51,300

For example, the expected household size for a two bedroom apartment is 3 people. Using the table above, the maximum income for a 3 person household at 60% of the AMI in Maury County is $34,980 a year, or $2,915 a month. To determine the maximum rent in the table below we multiply the monthly maximum income, $2,915 by 30% to get a maximum rent of $875 a month.

Rent for units in the LIHTC Program include a utility allowance which is determined by the average monthly cost of utilities paid directly by residents. This allowance has not been subtracted from the rents in the table below. These utility allowances are set on a property by property basis.

% of AMI Studio 1 Bed 2 Bed 3 Bed 4 Bed 5 Bed
50% $566 $607 $729 $841 $939 $1,036
60% $680 $728 $875 $1,010 $1,127 $1,244
Fair Market Rents in Maury County

Fair Market Rents, often abbreviated as FMR, can be used to better understand the average housing costs of an area. Notably, Fair Market Rents are used to establish the payment standards for the Housing Choice Voucher Program, maximum rents in HOME financed rental projects and initial rents for Section 8 project based assistance.

2019 Fair Market Rents
Studio One BR Two BR Three BR Four BR
$635 $726 $859 $1,242 $1,339

Cities In Maury County

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

City Listings Served By
Columbia 12 The HUD funded Public Housing Agencies that serve Columbia are the Columbia Housing And Redevelopment Corporatio, Tennessee Housing Development Agency Central Office and Tennessee Housing Development Agency South Central Tennessee Office.
Spring Hill 0 The HUD funded Public Housing Agencies that serve Spring Hill are the Tennessee Housing Development Agency Central Office and Tennessee Housing Development Agency South Central Tennessee Office.
Mount Pleasant 3 The HUD funded Public Housing Agencies that serve Mount Pleasant are the Tennessee Housing Development Agency Central Office and Tennessee Housing Development Agency South Central Tennessee Office.