Low Income Apartments In Pickett County
Tennessee

Low Income Apartments In Pickett County

Hillcrest Apartments

115 Hillcrest Dr
Byrdstown, TN
62+
Accessible
Elderly Supportive Housing
Subsidized

601 Hillcrest Dr

601 Hillcrest Dr
Byrdstown, TN
HCV Welcome

Circlview Apartments

152 Circle View Dr
Byrdstown, TN
Subsidized

Pickett Square V

100 Pickett Square Dr
Byrdstown, TN
HCV Welcome
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There are 4 low income housing apartment complexes which contain 80 affordable apartments for rent in Pickett County, Tennessee. Many of these rental apartments are income based housing with about 44 apartments that set rent based on your income. Often referred to as "HUD apartments", there are 0 Project-Based Section 8 subsidized apartments in Pickett County. There are 36 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 Pickett County

Housing Authority Programs
Tennessee Housing Development Agency Central Office Section 8 Housing Choice Voucher (HCV)
Tennessee Housing Development Agency East Tennessee Office Section 8 Housing Choice Voucher (HCV); Homeownership Voucher; Family Self-sufficiency

Guide To Affordable Housing in Pickett County, Tennessee

Pickett County, TN Affordable Housing Snapshot

Total Affordable Apartment Properties 4
Total Low Income Apartments 80
Total Rent Assisted Apartments 44
Percentage of Housing Units Occupied By Renters 17.18%
Average Renter Household Size 1.95
Total Population 5,097
Housing Units 2,223
Average Household Size 2.25
Median Household Income $36,773 ±$3,789
Median Rent $458 ±$61
Percentage Of Renters Overburdened 27.49% ± 16.07pp

Population and Household Demographics

Pickett County is a County in Tennessee with a population of 5,097. There are 2,223 households in the county with an average household size of 2.25 persons. 17.18% of households in Pickett County are renters.

Income and Rent Overburden in Pickett County

The median gross income for households in Pickett County is $36,773 a year, or $3,064 a month. The median rent for the county is $458 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Pickett County, a household making less than $1,527 a month would be considered overburdened when renting an apartment at or above the median rent. 27.49% of households who rent are overburdened in Pickett County.1

Area Median Income In Pickett 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 Pickett County, HUD calculates the Area Median Income for a family of four as $48,700

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 Pickett 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 Pickett County HUD Rental Assistance in Pickett 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
Low Income Housing Tax Credits in Pickett County

The Low-Income Housing Tax Credit (LIHTC) program aims to create affordable rental housing for low and very low income families.

From 1988 to 1989, 3 low income apartment communities containing 56 rental apartments have been constructed and made affordable to low income persons in Pickett County by the Low Income Housing Tax Credit Program.

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 Pickett 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 Pickett 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 Pickett 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
$457 $481 $619 $776 $919

Cities In Pickett County

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

City Listings Served By
Byrdstown 4 The HUD funded Public Housing Agencies that serve Byrdstown are the Tennessee Housing Development Agency Central Office and Tennessee Housing Development Agency East Tennessee Office.