Low Income Apartments and Affordable Housing For Rent in Shelby County, TN

Discover affordable housing in Shelby County where there are 213+ housing opportunities based on income and household needs like accessible units for seniors or persons with disabilities. Find and apply to these low income apartments now.

Uptown Flat

645 North Main, Memphis, Tennessee 38107

bed 1-3
payment $837-1500/mo.

Patterson Flats

250 GE Patterson, Memphis, Tennessee 38106

bed 1-3

Pershing Park Apartments

3707 Pershing Park Drive, Memphis, Tennessee 38127

bed 1-3

Saints Court Apartments

994 N. Watkins St., Memphis, Tennessee 38107

bed 1-2

Memphis Towers

1081 Court Ave, Memphis, Tennessee 38109

bed 1

Robinhood Park Apartments

3717 Robin Park Circle, Memphis, Tennessee 38111

bed 1-4

Hope Heights

383 Madison Ave, Memphis, Tennessee 38103

bed Studio-1

Latham and Magnolia Terrace

669 N 3rd St, Memphis, Tennessee 38126

bed 1

Wesley Graceland Gardens

1430 Graceland Pines, Memphis, Tennessee 38116

bed 1-2

Summit Park Apartments

1770 Piping Rock Drive, Memphis, Tennessee 38116

bed 1-4
payment $650-1150/mo.

Todd Creek Apartments

1541 Northside Drive, Memphis, Tennessee 38127

bed 1-4

Rolling Hills Apartments

2818 Green Terrace Drive, Memphis, Tennessee 38127

bed 1-3

Ridgecrest Apartments

2570 Woodcliff Drive , Memphis, Tennessee 38127

bed 1-3

The Metropolitan

374 Mill Avenue, Memphis, Tennessee 38107

bed 1-3

Greenlaw Apartments

374 Mill Ave., Memphis, Tennessee 38105

bed 1-3

Breezy Point Apartments

2801 Raja Drive, Memphis, Tennessee 38127

bed 1-3

Hilldale Apartments

3500 Westline Dr., Memphis, Tennessee 38128

bed 1-3

City View Towers

256 S. Camilla St, Memphis, Tennessee 38104

bed Studio-1

Independent Apartments

875 Linden Ave., Memphis, Tennessee 38104

bed 1-2

Arlington Manor Apartments

11216 Marquis Ct, Arlington, Tennessee 38002

bed 1-2
auto_awesome Focus Results:
switch_access_shortcut Short Wait
payment Subsidized
real_estate_agent Accepts Vouchers
elderly Senior
payment Income Based
accessibility Accessible
accessible_forward Disability

How To Identify Affordable Housing in Shelby County, Tennessee

Look for program and preference badges on affordable apartment listings. These badges can help you identify the types of low income housing each apartment offers and if you may be eligbile for rental assistance or reduced rents.

Badge Description
switch_access_shortcut Short Wait
Low income apartments with no or short waiting lists.
payment Subsidized
Low income housing where the rent is subsidized and the renter pays only a portion of total rent.
real_estate_agent Accepts Vouchers
Apartments that accept Section 8 vouchers near you
elderly Senior
Rental housing for seniors who are 55 (or sometimes 62) and older.
payment Income Based
Affordable apartments where the rent paid is based on renter income.
accessibility Accessible
Meets Accessibilty Requirements of the Fair Housing Act, the ADA, or HUD policy.
accessible_forward Disability
Apartments for individuals or families with disabilities.
The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Shelby County, Tennessee
$17.33 (+239%) more than Tennessee minimum wage and $17.33 (+239%) more than the Federal minimum wage.
Learn More About Shelby County, Tennessee Affordable Housing ↓

What HUD offices serve 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.

Operates the Section 8 Housing Choice Voucher (HCV), Public Housing programs for Shelby County, Tennessee.
Operates the Section 8 Housing Choice Voucher (HCV), Family Self-Sufficiency, Mainstream Voucher, Homeownership programs for Shelby County, Tennessee.

Go to the Tennessee Public Housing and Low-Income Apartments Waiting Lists page for openings near Shelby County.

How many renters live in Shelby County, Tennessee?

The County of Shelby County has people living in households.

There are renters living in renter households in this County. Renters make up 42.24 percent of the population living in Shelby County.

What is the rental market like in Shelby County, Tennessee?

There are an estimated housing units in the Shelby County area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Shelby County, Tennessee, there are 1.11 rental units.

What is the vacancy rate for rentals in Shelby County?

The rental vacancy rate in Shelby County is 9 percent. This is a higher than average vacancy rate. When rental vacancy rates are high it means that there are a lot of available units and rents tend to be lower.

How many rental units are in Shelby County for each bedroom size?

Occupied Rental Units by Size in Shelby County
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
5,668 32,075 60,612 53,782 9,990
Occupied Rental Units by Size in Shelby County

A large number of apartments in Shelby County have two or fewer bedrooms. Seniors and young professionals especially may have more success finding an apartment that meets their needs.

How Much Is Rent in Shelby County

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $1,031 to $1,995. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $1,031
One BR $1,146
Two BR $1,298
Three BR $1,711
Four BR $1,995
2024 Fair Market Rents in Shelby County, Tennessee

How many units are rented at Fair Market Rent (FMR) in Shelby County?

Renters with a Section 8 Housing Choice Voucher must select a home that is at or below the area’s Fair Market Rent. Markets with a large share of units above FMR tend to have longer search times to find a qualified unit, while those with a large share of units below FMR tend to have more choices and shorter search times. The share below FMR can vary by size of unit, as shown in the table below.

These are the approximate number of units renting below the FMR in this market:

Unit Size Count of Units Below FMR Percentage of Total Units Below FMR
Studio 3,866 68 percent
One BR 19,461 61 percent
Two BR 39,391 65 percent
Rental Units Below FMR in Shelby County, Tennessee

How many affordable rental units are in Shelby County?

There are a variety of federal affordable housing programs serving households in Shelby County, Tennessee including the following:

Federal Program Unit Count
Low Income Housing Tax Credit
Public Housing
Section 8 Project-Based Rental Assistance
Section 202 Supportive Housing for the Elderly
Section 811 Supportive Housing for Persons with Disabilities
USDA Section 515 Rural Rental Housing
Tracked Units by Federal Program in Shelby County, Tennessee

Rental units may be funded in part by multiple federal programs.

Income Based Apartments in Shelby County, Tennessee

Shelby County features 9,404 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 12,797 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 $1,168 and $1,428.

Sourced from federal housing data and AffordableHousingOnline.com research.