Affordable Housing In Shelby County
Tennessee

207 Low Income Apartment Communities In Shelby County

Independent Apartments

875 Linden Ave.
Memphis, Tennessee
Call For Rent
1-2 BR
Subsidized
62+
Accessible
Elderly Supportive Housing

Memphis Towers

1081 Court Ave
Memphis, Tennessee
Income Based
1 BR
Subsidized
62+

Uptown Square Apartments

252 North Lauderdale Street
Memphis, Tennessee
Call For Rent
Studio-3 BR

Robinhood Park Apartments

3717 Robin Park Circle
Memphis, Tennessee
Income Based
1-4 BR
Subsidized

Madison Towers

383 Madison Ave
Memphis, Tennessee
Income Based
Studio-1 BR
Subsidized
62+

Wesley Graceland Gardens

1430 Graceland Pines
Memphis, Tennessee
Call For Rent
1 BR
Subsidized

College Park II

838 Walker Ave
Memphis, Tennessee
Income Based
1-4 BR

College Park Senior - Ph

838 Walker Ave
Memphis, Tennessee
Income Based
1-4 BR

Renaissance At Steele

3085 Steele St.
Memphis, Tennessee
$500-690
1-3 BR

Latham and Magnolia Terrace

669 N 3rd St
Memphis, Tennessee
Call For Rent
1 BR

Section 8 Vouchers, Apartments, and Waiting Lists in Shelby 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.

Households who qualify for these programs may also qualify for Project-Based Section 8, which contributes rental assistance payments directly to private landlords on behalf of low-income tenants. Eligibility for the project-based program is similar to the voucher programs, but waiting list and application policies will vary depending on the landlord.

Public Housing Agencies Serving Shelby County, Tennessee

Housing Authority Programs
Shelby County Housing Authority Section 8 Housing Choice Voucher (HCV); Public Housing
Tennessee Housing Development Agency Section 8 Housing Choice Voucher (HCV); Family Self-Sufficiency; Mainstream Voucher; Homeownership

Guide To Affordable Housing in Shelby County, Tennessee

There are 207 low income housing apartment communities offering 23,183 affordable apartments for rent in Shelby County, Tennessee.

Income Based Apartments in Shelby County, Tennessee

Shelby County features 9,637 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 Shelby County, Tennessee

There are 12,852 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Shelby County.

Housing Choice Vouchers in Shelby County, Tennessee

On average, Section 8 Housing Choice vouchers pay Shelby County landlords $700 per month towards rent. The average voucher holder contributes $300 towards rent in Shelby County.

The maximum amount a voucher would pay on behalf of a low-income tenant in Shelby County, Tennessee for a two-bedroom apartment is between $821 and $1,003.

2022 Shelby 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
Shelby County, Tennessee Fair Market Rent $694 $792 $912 $1,219 $1,404
Shelby County, Tennessee Payment Standard Range $625 to $763 $713 to $871 $821 to $1,003 $1,097 to $1,341 $1,264 to $1,544

Sourced from federal housing data and AffordableHousingOnline.com research.

Shelby County, TN Affordable Housing Snapshot

Total Affordable Apartment Properties 207
Total Low Income Apartments 23,183
Total Housing Units with Rental Assistance 9,637
Percentage of Housing Units Occupied By Renters 42.68%
Average Renter Household Size 2.62
Average Household Size 2.65
Median Household Income $46,224 ±$707
Median Rent $859 ±$6
Percentage Of Renters Overburdened 52.24% ± 1.15pp
Total Population 937,750

Population and Household Demographics

Shelby County is a county in Tennessee with a population of 937,750. There are 347,224 households in the county with an average household size of 2.65 persons. 42.68% of households in Shelby County are renters.

Income and Rent Overburden in Shelby County

The median gross income for households in Shelby County is $46,224 a year, or $3,852 a month. The median rent for the county is $859 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Shelby County, a household making less than $2,863 a month would be considered overburdened when renting an apartment at or above the median rent. 52.24% of households who rent are overburdened in Shelby County.

Area Median Income In Shelby 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 Shelby County, HUD calculates the Area Median Income for a family of four as $68,700

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 Shelby 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 Shelby 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 Shelby County AMI may qualify for rental assistance programs that target Extremely Low Income households.
$14,450 $17,420 $21,960 $26,500 $31,040 $35,580 $40,120 $44,660
50% AMI Income Limits
Renters earning up to 50% of the Shelby County AMI may qualify for rental assistance programs that target Very Low Income households.
$24,050 $27,500 $30,950 $34,350 $37,100 $39,850 $42,600 $45,350
80% AMI Income Limits
Renters earning up to 80% of the Shelby County AMI may qualify for rental assistance programs that target Low Income households.
$38,500 $44,000 $49,500 $54,950 $59,350 $63,750 $68,150 $72,550

Cities In Shelby County

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

City Served By
Arlington The HUD funded Public Housing Agencies that serve Arlington are the Shelby County Housing Authority and Tennessee Housing Development Agency.
Bartlett The HUD funded Public Housing Agencies that serve Bartlett are the Tennessee Housing Development Agency and Shelby County Housing Authority.
Germantown The HUD funded Public Housing Agencies that serve Germantown are the Tennessee Housing Development Agency and Shelby County Housing Authority.
Lakeland The HUD funded Public Housing Agencies that serve Lakeland are the Tennessee Housing Development Agency and Shelby County Housing Authority.
Memphis The HUD funded Public Housing Agencies that serve Memphis are the Memphis Housing Authority, Shelby County Housing Authority and Tennessee Housing Development Agency.
Millington The HUD funded Public Housing Agencies that serve Millington are the Millington Housing Authority, Shelby County Housing Authority and Tennessee Housing Development Agency.