Affordable Housing In Polk County
Tennessee

Affordable Housing programs support 120 income based apartments in Polk County where households pay rent based on how much they earn.

There are 0 affordable apartments in Polk County that offer reduced rents to low-income households.

Waiting Lists in Polk County, Tennessee

There are no open Section 8 Housing Choice Voucher waiting lists in Polk County. Go to the Tennessee Section 8 Waiting Lists page for openings near Polk County.

Blue Ridge Landing

118 Chilhowee Cir
Benton, Tennessee
$385-435
1-2 BR
Rent Assisted

Walnut Creek Apartments

1725 Benton Station Rd
Benton, Tennessee
Rent Assisted
62+
Accessible
Elderly Supportive Housing

Benton Elderly Housing

401 Highland Dr
Benton, Tennessee
Rent Assisted

Ducktown Apt C/O Sheryl Miller

172 Roebuck Rd
Ducktown, Tennessee
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Affordable Housing In Polk County

View affordable apartments and waiting lists in cities near Polk County

City Apartments
Affordable Housing In Benton, TN Affordable Housing programs support 3 apartment communities in Benton.
Affordable Housing In Ducktown, TN Affordable Housing programs support 1 apartment communities in Ducktown.

Public Housing Agencies Serving Polk County, Tennessee

Public Housing Agencies operate federally assisted affordable housing programs at local levels on behalf of HUD. Notably, housing agencies are responsible for managing Section 8 Housing Choice Voucher, Public Housing, and Project-Based Voucher waiting lists within their jurisdiction.

Housing Authority Programs
Southeast Tennessee Human Resource Agency Section 8 Housing Choice Voucher (HCV); Family Self-Sufficiency
Go to the Tennessee Public Housing and Low-Income Apartments Waiting Lists page for openings near Polk County.

Polk County, Tennessee Affordable Housing Data

Income Based Apartments in Polk County, Tennessee

Polk County features 120 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 Polk County, Tennessee

There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Polk County.

Housing Choice Vouchers in Polk County, Tennessee

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Polk County, Tennessee for a two-bedroom apartment is between $838 and $1,024.

2023 Polk 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
Polk County, Tennessee Fair Market Rent $661 $707 $931 $1,221 $1,319
Polk County, Tennessee Payment Standard Range $595 to $727 $636 to $778 $838 to $1,024 $1,099 to $1,343 $1,187 to $1,451

Sourced from federal housing data and AffordableHousingOnline.com research.

Polk County, TN Affordable Housing Snapshot

Total Affordable Apartment Properties 4
Total Low Income Apartments 120
Total Housing Units with Rental Assistance 120
Percentage of Housing Units Occupied By Renters 21.88%
Average Renter Household Size 2.45
Average Household Size 2.44
Median Household Income $38,925 ±$2,469
Median Rent $642 ±$30
Percentage Of Renters Overburdened 37.4% ± 6.69pp
Total Population 16,687

Population and Household Demographics

Polk County is a county in Tennessee with a population of 16,687. There are 6,745 households in the county with an average household size of 2.44 persons. 21.88% of households in Polk County are renters.

Income and Rent Overburden in Polk County

The median gross income for households in Polk County is $38,925 a year, or $3,244 a month. The median rent for the county is $642 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Polk County, a household making less than $2,140 a month would be considered overburdened when renting an apartment at or above the median rent. 37.4% of households who rent are overburdened in Polk County.

Area Median Income In Polk 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 Polk County, HUD calculates the Area Median Income for a family of four as $70,900

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 Polk 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 Polk County

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 Polk County AMI may qualify for rental assistance programs that target Extremely Low Income households.
$13,750 $18,310 $23,030 $27,750 $32,470 $37,190 $40,500 $43,100
50% AMI Income Limits
Renters earning up to 50% of the Polk County AMI may qualify for rental assistance programs that target Very Low Income households.
$22,900 $26,150 $29,400 $32,650 $35,300 $37,900 $40,500 $43,100
80% AMI Income Limits
Renters earning up to 80% of the Polk County AMI may qualify for rental assistance programs that target Low Income households.
$36,600 $41,800 $47,050 $52,250 $56,450 $60,650 $64,800 $69,000