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Affordable Housing In McLemoresville
Carroll County, Tennessee

Housing Authorities that serve McLemoresville

Housing Authority Programs
Tennessee Housing Development Agency Central Office Section 8 Housing Choice Voucher (HCV); Mainstream Voucher
Tennessee Housing Development Agency West Tennessee Office Section 8 Housing Choice Voucher (HCV); Homeownership Voucher; Family Self-Sufficiency; Veteran Affairs Supportive Housing (VASH); Mainstream Voucher

Guide To Affordable Housing in McLemoresville, Tennessee

There are 0 low income housing apartment communities offering 0 affordable apartments for rent in McLemoresville, Tennessee.

Income Based Apartments in McLemoresville, Tennessee

McLemoresville features 0 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 McLemoresville, Tennessee

There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in McLemoresville.

Housing Choice Vouchers in McLemoresville, Tennessee

On average, Section 8 Housing Choice vouchers pay McLemoresville landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in McLemoresville.

The maximum amount a voucher would pay on behalf of a low-income tenant in McLemoresville, Tennessee for a two-bedroom apartment is between $584 and $714.

2020 McLemoresville, 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
Fair Market Rent $492 $570 $649 $809 $879
Payment Standard Range $443 to $541 $513 to $627 $584 to $714 $728 to $890 $791 to $967

Sourced from federal housing data and research.

McLemoresville, TN Affordable Housing Snapshot

Total Affordable Apartment Properties 0
Total Low Income Apartments 0
Total Housing Units with Rental Assistance 0
Percentage of Housing Units Occupied By Renters 32.58%
Average Renter Household Size 2.79
Average Household Size 2.46
Median Household Income $41,250 ±$17,397
Median Rent $550 ±$89
Percentage Of Renters Overburdened 30.23% ± 35.14pp
Total Population 325

Population and Household Demographics

McLemoresville is a city in Carroll County, Tennessee with a population of 325. There are 132 households in the city with an average household size of 2.46 persons. 32.58% of households in McLemoresville are renters.

Income and Rent Overburden in McLemoresville

The median gross income for households in McLemoresville is $41,250 a year, or $3,438 a month. The median rent for the city is $550 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In McLemoresville, a household making less than $1,833 a month would be considered overburdened when renting an apartment at or above the median rent. 30.23% of households who rent are overburdened in McLemoresville.

Area Median Income In McLemoresville

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 McLemoresville, the AMI is calculated from all households within Carroll County.

In McLemoresville, HUD calculates the Area Median Income for a family of four as $55,400

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 McLemoresville

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 McLemoresville

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $12,760 $17,240 $21,720 $26,200 $29,950 $32,150 $34,350 $36,600
50% of Median $19,400 $22,200 $24,950 $27,700 $29,950 $32,150 $34,350 $36,600
80% of Median $31,050 $35,450 $39,900 $44,300 $47,850 $51,400 $54,950 $58,500