Affordable Housing In McMinn County
Tennessee

19 Low Income Apartment Communities In McMinn County

Cherokee Village Apartments

26 Phillips St
Englewood, TN
Call For Rent
1-2 BR
Subsidized

McMinn Villa Apartments

212 Westside Drive
Athens, TN
Call For Rent
Studio-4 BR
Subsidized

Athens Mews

1728 Garden Dr
Athens, TN
Subsidized

Cross Creek Apartments

1205 New Highway 68
Sweetwater, TN
Subsidized

Gardens of Wood Village

May St
Sweetwater, TN
62+
Accessible
Elderly Supportive Housing
Subsidized

Lee Manor

1800 Lee Dr
Athens, TN
Subsidized

Rose Hill Apartments

721 Hamby St
Athens, TN
Subsidized

Athens Gardens Apartments

1720 Garden Dr
Athens, TN
Subsidized

West Hills Apartments

900 W Hills Dr
Sweetwater, TN
HCV Welcome

Monroe Ridge

700 Telford Rd
Sweetwater, TN
HCV Welcome

There are 19 low income housing apartment complexes which contain 1,547 affordable apartments for rent in McMinn County. Many of these rental apartments are income based housing with 1,161 apartments that set rent based on your income. In McMinn County, HUD housing programs support 333 rental assistance apartments through programs like Project-based Section 8. There are 386 other low income apartments that don't have rental assistance but are cheaper than market rate rents.

Housing Authorities that serve McMinn County

Housing Authority Programs
Dayton Housing Authority Section 8 Housing Choice Voucher (HCV); Public Housing

Other Housing Authorities located in McMinn County

Housing Authority Programs
Athens Housing Authority Section 8 Housing Choice Voucher (HCV); Public Housing
Etowah Housing Authority Section 8 Housing Choice Voucher (HCV); Public Housing

Guide To Affordable Housing in McMinn County, Tennessee

McMinn County, TN Affordable Housing Snapshot

Total Affordable Apartment Properties 19
Total Low Income Apartments 1,547
Total Rent Assisted Apartments 1,161
Percentage of Housing Units Occupied By Renters 26.2%
Average Renter Household Size 2.41
Total Population 52,506
Housing Units 19,978
Average Household Size 2.58
Median Household Income $38,535 ±$2,764
Median Rent $588 ±$26
Percentage Of Renters Overburdened 44.67% ± 5.5pp

Population and Household Demographics

McMinn County is a County in Tennessee with a population of 52,506. There are 19,978 households in the county with an average household size of 2.58 persons. 26.2% of households in McMinn County are renters.

Income and Rent Overburden in McMinn County

The median gross income for households in McMinn County is $38,535 a year, or $3,211 a month. The median rent for the county is $588 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In McMinn County, a household making less than $1,960 a month would be considered overburdened when renting an apartment at or above the median rent. 44.67% of households who rent are overburdened in McMinn County.1

Area Median Income In McMinn 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 McMinn County, HUD calculates the Area Median Income for a family of four as $52,700

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 McMinn 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 McMinn County HUD Rental Assistance in McMinn County

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $12,490 $16,910 $21,330 $25,750 $28,500 $30,600 $32,700 $34,800
50% of Median $18,450 $21,100 $23,750 $26,350 $28,500 $30,600 $32,700 $34,800
80% of Median $29,550 $33,750 $37,950 $42,150 $45,550 $48,900 $52,300 $55,650
Low Income Housing Tax Credits in McMinn 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 2012, 6 low income apartment communities containing 356 rental apartments have been constructed and made affordable to low income persons in McMinn 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 McMinn County

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
50% of Median $18,450 $21,100 $23,750 $26,350 $28,500 $30,600 $32,700 $34,800
60% of Median $22,140 $25,320 $28,500 $31,620 $34,200 $36,720 $39,240 $41,760

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 McMinn County is $28,500 a year, or $2,375 a month. To determine the maximum rent in the table below we multiply the monthly maximum income, $2,375 by 30% to get a maximum rent of $713 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% $461 $494 $594 $686 $765 $844
60% $554 $593 $713 $823 $918 $1,013
Fair Market Rents in McMinn 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
$457 $541 $619 $807 $842

Cities In McMinn County

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

City Listings Served By
Athens 9 The HUD funded Public Housing Agencies that serve Athens are the Athens Housing Authority and Dayton Housing Authority.
Sweetwater 7 The HUD funded Public Housing Agencies that serve Sweetwater are the Sweetwater Housing Authority and Dayton Housing Authority.
Etowah 1 The HUD funded Public Housing Agencies that serve Etowah are the Etowah Housing Authority and Dayton Housing Authority.
Englewood 2 The HUD funded Public Housing Agency that serves Englewood is the Dayton Housing Authority.
Niota 0 The HUD funded Public Housing Agency that serves Niota is the Dayton Housing Authority.
Calhoun 0 The HUD funded Public Housing Agency that serves Calhoun is the Dayton Housing Authority.
Riceville 0 The HUD funded Public Housing Agency that serves Riceville is the Dayton Housing Authority.