Affordable Housing In McNairy County
4 Low Income Apartment Communities In McNairy County
Housing Authorities that serve McNairy County
|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 McNairy County, Tennessee
There are 4 low income housing apartment communities offering 192 affordable apartments for rent in McNairy County, Tennessee.
Income Based Apartments in McNairy County, Tennessee
McNairy County features 128 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 McNairy County, Tennessee
There are 64 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in McNairy County.
Housing Choice Vouchers in McNairy County, Tennessee
On average, Section 8 Housing Choice vouchers pay McNairy County landlords $600 per month towards rent. The average voucher holder contributes $300 towards rent in McNairy County.
The maximum amount a voucher would pay on behalf of a low-income tenant in McNairy County, Tennessee for a two-bedroom apartment is between $597 and $729.
2021 McNairy County, 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||$514||$561||$663||$873||$1,148|
|Payment Standard Range||$463 to $565||$505 to $617||$597 to $729||$786 to $960||$1,033 to $1,263|
Sourced from federal housing data and AffordableHousingOnline.com research.
McNairy County, TN Affordable Housing Snapshot
|Total Affordable Apartment Properties||4|
|Total Low Income Apartments||192|
|Total Housing Units with Rental Assistance||128|
|Percentage of Housing Units Occupied By Renters||24.25%|
|Average Renter Household Size||2.70|
|Average Household Size||2.61|
|Median Household Income||$32,557 ±$1,874|
|Median Rent||$578 ±$22|
|Percentage Of Renters Overburdened||39.35% ± 6.54pp|
Population and Household Demographics
McNairy County is a county in Tennessee with a population of 26,103. There are 9,872 households in the county with an average household size of 2.61 persons. 24.25% of households in McNairy County are renters.
Income and Rent Overburden in McNairy County
The median gross income for households in McNairy County is $32,557 a year, or $2,713 a month. The median rent for the county is $578 a month.
Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In McNairy County, a household making less than $1,927 a month would be considered overburdened when renting an apartment at or above the median rent. 39.35% of households who rent are overburdened in McNairy County.
Area Median Income In McNairy 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 McNairy County, HUD calculates the Area Median Income for a family of four as $48,200
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 McNairy 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 HUD Rental Assistance in McNairy County
|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||$29,600||$31,800||$34,000||$36,200|
|50% of Median||$19,200||$21,950||$24,700||$27,400||$29,600||$31,800||$34,000||$36,200|
|80% of Median||$30,700||$35,100||$39,500||$43,850||$47,400||$50,900||$54,400||$57,900|
Cities In McNairy County
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