Parkway Terrace

196 North 7th Street, Nashville, TN 37206

Waiting List Forecast: Likely Long or Closed

check_circleVerified for 2021 by Lorena Bentley
Rent Beds Baths SqFt
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Waitlist Forecast

Since this property may have a RAD Section 8 Property Based Rental Assistance contract with rental assistance available to its residents, it is likely the property has a waiting list. Sometimes these waiting lists can be months or years long and may or may not be accepting new applicants. You should contact the property to verify.

Note: Affordable Housing Online has not confirmed the waiting list status directly with the property. This waiting list status forecast is based on our housing experts' knowledge of similar properties. You should always confirm this status directly with the property.

Section 8 PBRA

One-, two-, three-, four- and five-bedroom

Dave's Thoughts On Parkway Terrace

Since Parkway Terrace participates in the RAD Section 8 Project-Based Section 8 Program, your rent would be subsidized. You would not pay more than 30% of your income for rent. To qualify, you must earn 50% or less of the Area Median Income (AMI), which you can find on this page’s income chart. Also, project-based RAD Section 8 properties tend to have longer waiting lists, with some with waiting lists going out for years. Since this property participates in the RAD Section 8 Project Based Rental Assistance program and has a property based subsidy, if you have a Section 8 voucher, you would have to give up your voucher to move in.

Dave, Founder AHO

~ Dave Layfield, Founder of Affordable Housing Online

Income Qualification for Parkway Terrace

*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
AMI* 1 person 2 people 3 people 4 people 5 people 6 people 7 people 8 people
30% AMI for PBRA Units $21,000 / year $24,000 / year $27,000 / year $30,000 / year $35,140 / year $40,280 / year $45,420 / year $50,560 / year
50% AMI for LIHTC Units $34,950 / year $39,950 / year $44,950 / year $49,900 / year $53,900 / year $57,900 / year $61,900 / year $65,900 / year
50% AMI for PBRA Units $34,950 / year $39,950 / year $44,950 / year $49,900 / year $53,900 / year $57,900 / year $61,900 / year $65,900 / year
80% AMI for PBRA Units $55,900 / year $63,900 / year $71,900 / year $79,850 / year $86,250 / year $92,650 / year $99,050 / year $105,450 / year

*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.

FAQs for Parkway Terrace

Does Parkway Terrace have a waiting list?

Parkway Terrace probably has a waiting list. Since our research has shown there is a project-based rental assistance associated with this property, the waiting list would be for the rent-assisted units. We haven't confirmed if this is the case, so you should contact the property to confirm.

Are rents subsidized at Parkway Terrace?

We believe rents are most likely subsidized at all or some of the units since our research has turned up at least one public housing or rental assistance contract probably associated with this property.

In addition to Parkway Terrace, how many other affordable housing properties (and units) are there in Nashville?

In addition to Parkway Terrace, we list 358 other affordable properties in Nashville. Learn about these properties here. Our data research shows that there are a total of 19881 affordable units in Nashville.

Listings Near Parkway Terrace

Forest Bend Townhomes

501 Forest Park Road, Nashville, Tennessee 37115

bed 3
switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers

Villas at Metro

469 Ponder Pl, Nashville, Tennessee 37228

bed 2-3
payment $825-925/mo.
switch_access_shortcut Short Wait
accessibility Accessible

Trinity Hills Village

400 E Nocturne Dr, Nashville, Tennessee 37207

bed 1-3
payment Subsidized
accessibility Accessible

Knollcrest Apartments

3301 Creekwood Dr, Nashville, Tennessee 37207

bed 1-4
payment Subsidized

Summerwind Apartments

344 Bell Rd, Nashville, Tennessee 37217

bed 2-3
switch_access_shortcut Short Wait
accessibility Accessible

The Granstaff Apartments

2333 Rosa L Parks Blvd, Nashville, Tennessee 37228

bed 1
switch_access_shortcut Short Wait
accessibility Accessible
Rent observations may change. We encourage users to verify rents and eligiblity requirements directly with the property.

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