Affordable Housing In Shelby County
Tennessee

209 Low Income Apartment Communities In Shelby County

Goodwill Village Apartments

2510 Peres Ave
Memphis, Tennessee
Income Based
1-4 BR
Subsidized

Serenity at Highland

400 S Highland St
Memphis, Tennessee
Income Based
Studio-1 BR
Subsidized

Luther Towers

274 South Highland Street
Memphis, Tennessee
Call For Rent
1 BR

Foote Park at South City

410 South Danny Thomas Blvd
Memphis, Tennessee
Call For Rent
1-3 BR

The Metropolitan

374 Mill Avenue
Memphis, Tennessee
Call For Rent
1-3 BR

Saints Court Apartments

994 N. Watkins St.
Memphis, Tennessee
Call For Rent
1-2 BR
Subsidized

Summit Park Apartments

1770 Piping Rock Drive
Memphis, Tennessee
Call For Rent
1-4 BR

Uptown Homes

534 North Second Street
Memphis, Tennessee
Call For Rent
2-5 BR

Crescent Bluff Apartments

10 E Virginia Ave
Memphis, Tennessee
Call For Rent
1-3 BR

College Park Family I

838 Walker Ave
Memphis, Tennessee
Income Based
1-4 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 209 low income housing apartment communities offering 23,923 affordable apartments for rent in Shelby County, Tennessee.

Income Based Apartments in Shelby County, Tennessee

Shelby County features 10,138 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 12,661 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 209
Total Low Income Apartments 23,923
Total Housing Units with Rental Assistance 10,138
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 $77,300

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.
$16,150 $18,450 $23,030 $27,750 $32,470 $37,190 $41,910 $46,630
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.
$26,900 $30,750 $34,600 $38,400 $41,500 $44,550 $47,650 $50,700
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.
$43,050 $49,200 $55,350 $61,450 $66,400 $71,300 $76,200 $81,150

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.