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Affordable Housing In Paris
Henry County, Tennessee

12 Low Income Apartment Communities In Paris

Vernon Place

10 Morningside Vlg
Paris, Tennessee

Southwood Apts

1401 Us Hwy. 641 South
Paris, Tennessee

Housing Authorities that serve Paris

Housing Authority Programs
Paris Housing Authority Public Housing
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 Paris, Tennessee

There are 12 low income housing apartment communities offering 709 affordable apartments for rent in Paris, Tennessee.

Income Based Apartments in Paris, Tennessee

Paris features 478 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 Paris, Tennessee

There are 231 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Paris.

Housing Choice Vouchers in Paris, Tennessee

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Paris, Tennessee for a two-bedroom apartment is between $597 and $729.

2021 Paris, 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
Paris, Tennessee Fair Market Rent $507 $510 $663 $854 $904
Paris, Tennessee Payment Standard Range $456 to $558 $459 to $561 $597 to $729 $769 to $939 $814 to $994

Sourced from federal housing data and research.

Paris, TN Affordable Housing Snapshot

Total Affordable Apartment Properties 12
Total Low Income Apartments 709
Total Housing Units with Rental Assistance 478
Percentage of Housing Units Occupied By Renters 43.95%
Average Renter Household Size 2.43
Average Household Size 2.29
Median Household Income $30,462 ±$2,273
Median Rent $608 ±$65
Percentage Of Renters Overburdened 47.48% ± 7.92pp
Total Population 10,166

Population and Household Demographics

Paris is a city in Henry County, Tennessee with a population of 10,166. There are 4,237 households in the city with an average household size of 2.29 persons. 43.95% of households in Paris are renters.

Income and Rent Overburden in Paris

The median gross income for households in Paris is $30,462 a year, or $2,539 a month. The median rent for the city is $608 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Paris, a household making less than $2,027 a month would be considered overburdened when renting an apartment at or above the median rent. 47.48% of households who rent are overburdened in Paris.

Area Median Income In Paris

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 Paris, the AMI is calculated from all households within Henry County.

In Paris, HUD calculates the Area Median Income for a family of four as $52,100

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 Paris

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 Paris

1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% AMI Income Limits
Renters earning up to 30% of the Paris AMI may qualify for rental assistance programs that target Extremely Low Income households.
$12,760 $17,240 $21,720 $26,200 $29,600 $31,800 $34,000 $36,200
50% AMI Income Limits
Renters earning up to 50% of the Paris AMI may qualify for rental assistance programs that target Very Low Income households.
$19,200 $21,950 $24,700 $27,400 $29,600 $31,800 $34,000 $36,200
80% AMI Income Limits
Renters earning up to 80% of the Paris AMI may qualify for rental assistance programs that target Low Income households.
$30,700 $35,100 $39,500 $43,850 $47,400 $50,900 $54,400 $57,900