Low Income Apartments In Perry County
Tennessee

Low Income Apartments In Perry County

Oliver's Crossing

107 Beech Street
Linden, TN
$789-911
2-3 BR
HCV Welcome

Cedaridge Apartments

171 West Brooklyn St
Linden, TN

Buffalo River Apartments

149 W School St
Linden, TN
Subsidized

Lobelville Village Apartments

216 Rose Street
Lobelville, TN
HCV Welcome

Buffalo Valley Linden

102 Polk St
Linden, TN
HCV Welcome
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There are 5 low income housing apartment complexes which contain 91 affordable apartments for rent in Perry County. Many of these rental apartments are income based housing with 24 apartments that set rent based on your income. In Perry County, HUD housing programs support 24 rental assistance apartments through programs like Project-based Section 8. There are 67 other low income apartments that don't have rental assistance but are still considered to be affordable housing for low income families.

Housing Authorities that serve Perry County

Housing Authority Programs
Tennessee Housing Development Agency Central Office Section 8 Housing Choice Voucher (HCV)
Tennessee Housing Development Agency South Central Tennessee Office Section 8 Housing Choice Voucher (HCV)

Guide To Affordable Housing in Perry County, Tennessee

Perry County, TN Affordable Housing Snapshot

Total Affordable Apartment Properties 5
Total Low Income Apartments 91
Total Rent Assisted Apartments 24
Percentage of Housing Units Occupied By Renters 21.67%
Average Renter Household Size 2.26
Total Population 7,864
Housing Units 3,226
Average Household Size 2.40
Median Household Income $31,425 ±$3,353
Median Rent $529 ±$51
Percentage Of Renters Overburdened 44.92% ± 10.7pp

Population and Household Demographics

Perry County is a County in Tennessee with a population of 7,864. There are 3,226 households in the county with an average household size of 2.40 persons. 21.67% of households in Perry County are renters.

Income and Rent Overburden in Perry County

The median gross income for households in Perry County is $31,425 a year, or $2,619 a month. The median rent for the county is $529 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Perry County, a household making less than $1,763 a month would be considered overburdened when renting an apartment at or above the median rent. 44.92% of households who rent are overburdened in Perry County.1

Area Median Income In Perry 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 Perry County, HUD calculates the Area Median Income for a family of four as $42,300

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 Perry 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 Perry County HUD Rental Assistance in Perry 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 $28,350 $30,450 $32,550 $34,650
50% of Median $18,400 $21,000 $23,650 $26,250 $28,350 $30,450 $32,550 $34,650
80% of Median $29,400 $33,600 $37,800 $42,000 $45,400 $48,750 $52,100 $55,450

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 Perry County

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
60% of Median $22,080 $25,200 $28,380 $31,500 $34,020 $36,540 $39,060 $41,580

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 Perry County is $28,380 a year, or $2,365 a month. To determine the maximum rent in the table below we multiply the monthly maximum income, $2,365 by 30% to get a maximum rent of $710 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% $460 $493 $591 $683 $761 $840
60% $552 $591 $710 $819 $914 $1,008
Fair Market Rents in Perry 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
$465 $468 $619 $804 $919

Cities In Perry County

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

City Listings Served By
Linden 4 The HUD funded Public Housing Agencies that serve Linden are the Tennessee Housing Development Agency Central Office and Tennessee Housing Development Agency South Central Tennessee Office.
Lobelville 1 The HUD funded Public Housing Agencies that serve Lobelville are the Tennessee Housing Development Agency Central Office and Tennessee Housing Development Agency South Central Tennessee Office.