Low Income Apartments and Affordable Housing For Rent in Smyrna, TN

Discover affordable housing in Smyrna where there are 10+ 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.

Park at Leigh Springs

100 Ashton Cir, Smyrna, Tennessee 37167

Meadow Wood Apartments

600 Nissan Drive, Smyrna, Tennessee 37167

Imperial Garden Apartments

1 Imperial Blvd, Smyrna, Tennessee 37167

Colony Square Apartments

500 Rock Springs Rd, Smyrna, Tennessee 37167

Hummingbird Hill

443 Mason Tucker Dr., Smyrna, Tennessee 37167

Rock Spring Apartments

600 Pasadena Dr., Smyrna, Tennessee 37167

Sherwood Forest

200 Friar Tuck Cir, Smyrna, Tennessee 37167

Country Place Apts

400 Windellwood Cr, Smyrna, Tennessee

Meadowlawn Manor

701 Stan Circle, Smyrna, Tennessee

Smyrna Smyrna Ha

702 Stan Cir, Smyrna, Tennessee 37167

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Smyrna, Tennessee
$23.41 (+323%) more than Tennessee minimum wage and $23.41 (+323%) more than the Federal minimum wage.
Learn More About Smyrna, Tennessee Affordable Housing ↓

What HUD offices serve Smyrna, 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 Smyrna, Tennessee.
Operates the Section 8 Housing Choice Voucher (HCV), Family Self-Sufficiency, Mainstream Voucher, Homeownership programs for Smyrna, Tennessee.

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

How many renters live in Smyrna, Tennessee?

The City of Smyrna has 53,760 people living in 19,152 households.

There are 22,055 renters living in 8,163 renter households in this City. Renters make up 41.02 percent of the population living in Smyrna.

What is the rental market like in Smyrna, Tennessee?

There are an estimated 20,092 housing units in the Smyrna area. Of these, 8,680 units are rental homes, making up 43 percent of the housing market. For every renter household in Smyrna, Tennessee, there are 1 rental units.

What is the vacancy rate for rentals in Smyrna?

The rental vacancy rate in Smyrna is 5 percent. This is a lower than average vacancy rate. When rental vacancy rates are low there are fewer available units. Rents tend to be higher as more people compete for scarce housing.

How many rental units are in Smyrna for each bedroom size?

Occupied Rental Units by Size in Smyrna
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
233 1,453 3,450 2,883 101
Occupied Rental Units by Size in Smyrna

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

How many renter households in Smyrna are overburdened by housing costs?

Among renter households in this market, 42 percent have housing cost burden. Further, 21 percent of households are extremely rent overburdened. When renters pay too much for their housing, it leaves little money for other necessities like food, clothes, or medicine.

The federal government says that renters are cost-burdened if they pay more than a third of their monthly income for rent and utilities.

How Much Is Rent in Smyrna

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $1,404 to $2,482. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $1,404
One BR $1,442
Two BR $1,619
Three BR $2,035
Four BR $2,482
2024 Fair Market Rents in Smyrna, Tennessee

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

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 109 47 percent
One BR 1,265 87 percent
Two BR 2,571 75 percent
Rental Units Below FMR in Smyrna, Tennessee

How many affordable rental units are in Smyrna?

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

Federal Program Unit Count
Low Income Housing Tax Credit 639
Section 8 Project-Based Rental Assistance 377
USDA Section 515 Rural Rental Housing 153
Tracked Units by Federal Program in Smyrna, Tennessee

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

Income Based Apartments in Smyrna, Tennessee

Smyrna features 447 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 Smyrna, Tennessee

There are 658 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Smyrna.

Housing Choice Vouchers in Smyrna, Tennessee

On average, Section 8 Housing Choice vouchers pay Smyrna landlords $600 per month towards rent. The average voucher holder contributes $300 towards rent in Smyrna.

The maximum amount a voucher would pay on behalf of a low-income tenant in Smyrna, Tennessee for a two-bedroom apartment is between $1,457 and $1,781.

Sourced from federal housing data and AffordableHousingOnline.com research.