Affordable Housing In Rhea County
8 Low Income Apartment Communities In Rhea County
Housing Authorities that serve Rhea County
|Dayton Housing Authority||Section 8 Housing Choice Voucher (HCV); Public Housing|
Guide To Affordable Housing in Rhea County, Tennessee
There are 8 low income housing apartment communities offering 603 affordable apartments for rent in Rhea County, Tennessee.
Income Based Apartments in Rhea County, Tennessee
Rhea County features 429 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 Rhea County, Tennessee
There are 174 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Rhea County.
Housing Choice Vouchers in Rhea County, Tennessee
On average, Section 8 Housing Choice vouchers pay Rhea County landlords $500 per month towards rent. The average voucher holder contributes $200 towards rent in Rhea County.
The maximum amount a voucher would pay on behalf of a low-income tenant in Rhea County, Tennessee for a two-bedroom apartment is between $608 and $744.
2020 Rhea 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|
|Fair Market Rent||$510||$513||$676||$895||$1,108|
|Payment Standard Range||$459 to $561||$462 to $564||$608 to $744||$806 to $985||$997 to $1,219|
Sourced from federal housing data and AffordableHousingOnline.com research.
Rhea County, TN Affordable Housing Snapshot
|Total Affordable Apartment Properties||8|
|Total Low Income Apartments||603|
|Total Housing Units with Rental Assistance||429|
|Percentage of Housing Units Occupied By Renters||31.73%|
|Average Renter Household Size||2.51|
|Average Household Size||2.51|
|Median Household Income||$36,146 ±$2,628|
|Median Rent||$583 ±$23|
|Percentage Of Renters Overburdened||47.02% ± 7.86pp|
Population and Household Demographics
Rhea County is a County in Tennessee with a population of 32,394. There are 12,545 households in the county with an average household size of 2.51 persons. 31.73% of households in Rhea County are renters.
Income and Rent Overburden in Rhea County
The median gross income for households in Rhea County is $36,146 a year, or $3,012 a month. The median rent for the county is $583 a month.
Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Rhea County, a household making less than $1,943 a month would be considered overburdened when renting an apartment at or above the median rent. 47.02% of households who rent are overburdened in Rhea County.1
Area Median Income In Rhea 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 Rhea County, HUD calculates the Area Median Income for a family of four as $53,000
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 Rhea 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 Rhea County HUD Rental Assistance in Rhea 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||$28,650||$30,750||$32,900||$35,000|
|50% of Median||$18,550||$21,200||$23,850||$26,500||$28,650||$30,750||$32,900||$35,000|
|80% of Median||$29,700||$33,950||$38,200||$42,400||$45,800||$49,200||$52,600||$56,000|
Cities In Rhea County
Select A City to View its Apartment Communities and Waiting Lists.
|Spring City||4||The HUD funded Public Housing Agency that serves Spring City is the Dayton Housing Authority.|
|Dayton||4||The HUD funded Public Housing Agency that serves Dayton is the Dayton Housing Authority.|
|Graysville||0||The HUD funded Public Housing Agency that serves Graysville is the Dayton Housing Authority.|