Westwood Manor Elderly Cottages

4445 Westmont Rd
Memphis, Tennessee

Autumn Ridge Apartments

3888 Autumn Ridge Ct
Memphis, Tennessee

Cane Creek Apartments

1528 Ragan St
Memphis, Tennessee

Weaver Fields Apartments

3870 Weaver Meadows Ln
Memphis, Tennessee

Harmony Woods Apartments

3384 Harmony Ct
Memphis, Tennessee
Showing Results 96-100

There are 12,667 low-income apartments in Shelby County that offer reduced rents to eligible households. Low-income rents in Shelby County, Tennessee can range from $662 to $1,490 depending on the number of bedrooms.

Rental assistance programs support 9,867 low-income homes in Shelby County where households pay rent based on how much they earn. For 2023, elgible households participating in federally assisted housing pay an average of $322 towards rent each month.

Affordable rent data for some communities last confirmed on May 22nd, 2023. Subdsidized rents typically change once a year based on federal guidance.

Public Housing Agencies Serving 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.

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

Shelby County, Tennessee Affordable Housing Data

Income Based Apartments in Shelby County, Tennessee

Shelby County features 9,867 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 12,667 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 $929 and $1,135.

2023 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 $800 $902 $1,032 $1,365 $1,584
Shelby County, Tennessee Payment Standard Range $720 to $880 $812 to $992 $929 to $1,135 $1,229 to $1,502 $1,426 to $1,742

Sourced from federal housing data and AffordableHousingOnline.com research.

Shelby County, TN Affordable Housing Snapshot

Total Affordable Apartment Properties 208
Total Low Income Apartments 23,732
Total Housing Units with Rental Assistance 9,867
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 $81,000

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 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.
$17,050 $19,720 $24,860 $30,000 $35,140 $40,280 $45,420 $50,560
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.
$28,350 $32,400 $36,450 $40,500 $43,750 $47,000 $50,250 $53,500
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.
$45,400 $51,850 $58,350 $64,800 $70,000 $75,200 $80,400 $85,550