Affordable Housing In Maynardville
Union County, Tennessee

7 Low Income Apartment Communities In Maynardville

Cedars Apartments

264 Main Street
Maynardville, Tennessee

Stone Gate Apartments

126 Prospect Rd
Maynardville, Tennessee
Call For Rent
1-2 BR

The Cedars Apartments

Old Maynardville Hwy 33
Maynardville, Tennessee

Bull Run Creek Apartments

1330 Main St
Maynardville, Tennessee

Bicentennial Apartments

PO Box 21
Maynardville, Tennessee

Maynard Ltd

RR 4 Box 432
Maynardville, Tennessee

Bicentennial Apartments

306 Main St
Maynardville, Tennessee
Subsidized
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Section 8 Vouchers, Apartments, and Waiting Lists in Maynardville, 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.

Households who qualify for these programs may also qualify for Project-Based Section 8, which contributes rental assistance payments directly to private landlords on behalf of low-income tenants. Eligibility for the project-based program is similar to the voucher programs, but waiting list and application policies will vary depending on the landlord.

Public Housing Agencies Serving Maynardville, Tennessee

Housing Authority Programs
Tennessee Housing Development Agency Section 8 Housing Choice Voucher (HCV); Family Self-Sufficiency; Mainstream Voucher; Homeownership

Guide To Affordable Housing in Maynardville, Tennessee

There are 7 low income housing apartment communities offering 262 affordable apartments for rent in Maynardville, Tennessee.

Income Based Apartments in Maynardville, Tennessee

Maynardville features 48 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 Maynardville, Tennessee

There are 214 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Maynardville.

Housing Choice Vouchers in Maynardville, Tennessee

On average, Section 8 Housing Choice vouchers pay Maynardville landlords $500 per month towards rent. The average voucher holder contributes $300 towards rent in Maynardville.

The maximum amount a voucher would pay on behalf of a low-income tenant in Maynardville, Tennessee for a two-bedroom apartment is between $882 and $1,078.

2022 Maynardville, 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
Maynardville, Tennessee Fair Market Rent $717 $800 $980 $1,287 $1,512
Maynardville, Tennessee Payment Standard Range $645 to $789 $720 to $880 $882 to $1,078 $1,158 to $1,416 $1,361 to $1,663

Sourced from federal housing data and AffordableHousingOnline.com research.

Maynardville, TN Affordable Housing Snapshot

Total Affordable Apartment Properties 7
Total Low Income Apartments 262
Total Housing Units with Rental Assistance 48
Percentage of Housing Units Occupied By Renters 49.72%
Average Renter Household Size 2.43
Average Household Size 2.50
Median Household Income $25,179 ±$9,128
Median Rent $552 ±$106
Percentage Of Renters Overburdened 35.92% ± 15.18pp
Total Population 2,425

Population and Household Demographics

Maynardville is a city in Union County, Tennessee with a population of 2,425. There are 907 households in the city with an average household size of 2.50 persons. 49.72% of households in Maynardville are renters.

Income and Rent Overburden in Maynardville

The median gross income for households in Maynardville is $25,179 a year, or $2,098 a month. The median rent for the city is $552 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Maynardville, a household making less than $1,840 a month would be considered overburdened when renting an apartment at or above the median rent. 35.92% of households who rent are overburdened in Maynardville.

Area Median Income In Maynardville

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.

HUD often uses an area larger than a city to determine the AMI because HUD anticipates those searching for housing will look beyond individual cities during their housing search. For Maynardville, the AMI is calculated from all households within Union County.

In Maynardville, HUD calculates the Area Median Income for a family of four as $73,000

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 Maynardville

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 HUD Rental Assistance in Maynardville

1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% AMI Income Limits
Renters earning up to 30% of the Maynardville AMI may qualify for rental assistance programs that target Extremely Low Income households.
$15,350 $17,550 $21,960 $26,500 $31,040 $35,580 $40,120 $44,660
50% AMI Income Limits
Renters earning up to 50% of the Maynardville AMI may qualify for rental assistance programs that target Very Low Income households.
$25,550 $29,200 $32,850 $36,500 $39,450 $42,350 $45,300 $48,200
80% AMI Income Limits
Renters earning up to 80% of the Maynardville AMI may qualify for rental assistance programs that target Low Income households.
$40,900 $46,750 $52,600 $58,400 $63,100 $67,750 $72,450 $77,100