Low Income Apartments and Affordable Housing For Rent in McMinn County, TN

Discover affordable housing in McMinn County where there are 20+ 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.

McMinn Villa Apartments

212 Westside Drive, Athens, Tennessee 37303

Cherokee Village Apartments

26 Phillips St, Englewood, Tennessee 37329

Ridgetop Apartments

2009 Layman Rd, Athens, Tennessee 37303

Lee Manor

1800 Lee Dr, Athens, Tennessee 37303

Gardens of Wood Village

520 Old Highway 68, Sweetwater, Tennessee 37874

Sequoyah Trail Apartments

733 New Highway 68, Sweetwater, Tennessee 37874

West Hills Apartments

900 W Hills Dr, Sweetwater, Tennessee 37874

Cross Creek Apartments

1205 New Highway 68, Sweetwater, Tennessee 37874

Athens Mews

1728 Garden Dr, Athens, Tennessee 37303

Monroe Ridge

700 Telford Rd, Sweetwater, Tennessee 37874

Park Village Apartments

918 Rocky Mount Rd, Athens, Tennessee 37303

Rose Hill Apartments

721 Hamby St, Athens, Tennessee 37303

Athens Gardens Apartments

1720 Garden Dr, Athens, Tennessee 37303

Dogwood Terrace II

119 Dogwood Terrace Blvd, Sweetwater, Tennessee 37874

Ridgeview Apt

312 E. Farrell Street, Niota, Tennessee

Circle Drive

101 Circle Dr, Etowah, Tennessee 37331

Sweetwater Ha

1 Valley View Village Dr, Sweetwater, Tennessee 37874

Forrest Hills

619 Francis St, Athens, Tennessee 37303

Maplewood Apartments I

2014 Old Niota Rd, Athens, Tennessee 37303

Cherokee Hill Apartments

Plato St, Englewood, Tennessee 37329

calendar_today Opened: Apr 8
Open Until Further Notice

Reported On February 23rd, 2024 by Lorena Bentley

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In McMinn County, Tennessee
$10.74 (+148%) more than Tennessee minimum wage and $10.74 (+148%) more than the Federal minimum wage.
Learn More About McMinn County, Tennessee Affordable Housing ↓

How many renters live in McMinn County, Tennessee?

The County of McMinn County has 53,532 people living in 21,230 households.

There are 12,926 renters living in 5,507 renter households in this County. Renters make up 24.15 percent of the population living in McMinn County.

What is the rental market like in McMinn County, Tennessee?

There are an estimated 23,933 housing units in the McMinn County area. Of these, 5,731 units are rental homes, making up 24 percent of the housing market. For every renter household in McMinn County, Tennessee, there are 1 rental units.

What is the vacancy rate for rentals in McMinn County?

The rental vacancy rate in McMinn County is 4 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 McMinn County for each bedroom size?

Occupied Rental Units by Size in McMinn County
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
89 737 2,401 1,877 320
Occupied Rental Units by Size in McMinn County

A large number of apartments in McMinn County have two or fewer bedrooms. Seniors and young professionals especially may have more success finding an apartment that meets their needs.

How many renter households in McMinn County are overburdened by housing costs?

Among renter households in this market, 39 percent have housing cost burden. Further, 17 percent of households are extremely rent overburdened. When renters pay too much for their housing, it leaves little money for other necessities like food, clothes, or medicine.

The federal government says that renters are cost-burdened if they pay more than a third of their monthly income for rent and utilities.

How Much Is Rent in McMinn County

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $719 to $1,265. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $719
One BR $813
Two BR $950
Three BR $1,234
Four BR $1,265
2024 Fair Market Rents in McMinn County, Tennessee

How many units are rented at Fair Market Rent (FMR) in McMinn County?

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 47 53 percent
One BR 492 67 percent
Two BR 1,637 68 percent
Rental Units Below FMR in McMinn County, Tennessee

How many affordable rental units are in McMinn County?

There are a variety of federal affordable housing programs serving households in McMinn County, Tennessee including the following:

Federal Program Unit Count
Low Income Housing Tax Credit 290
Public Housing 134
Section 8 Project-Based Rental Assistance 762
Section 202 Supportive Housing for the Elderly 16
Section 811 Supportive Housing for Persons with Disabilities 1
USDA Section 515 Rural Rental Housing 24
Tracked Units by Federal Program in McMinn County, Tennessee

Rental units may be funded in part by multiple federal programs.

Income Based Apartments in McMinn County, Tennessee

McMinn County features 1,231 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 McMinn County, Tennessee

There are 296 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in McMinn County.

Housing Choice Vouchers in McMinn County, Tennessee

On average, Section 8 Housing Choice vouchers pay McMinn County landlords $400 per month towards rent. The average voucher holder contributes $300 towards rent in McMinn County.

The maximum amount a voucher would pay on behalf of a low-income tenant in McMinn County, Tennessee for a two-bedroom apartment is between $855 and $1,045.

Sourced from federal housing data and AffordableHousingOnline.com research.