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Affordable Housing In Tipton County
Tennessee

16 Low Income Apartment Communities In Tipton County

Fox Hollow Community

100 Fox Hollow Run
Covington, Tennessee
Call For Rent
Studio-1 BR
Subsidized
62+
Accessible
Elderly Supportive Housing

Glendale Commons

351 Mueller Brass Rd
Covington, Tennessee
Call For Rent
1 BR
Subsidized
62+
Accessible
Elderly Supportive Housing

Cantebury Apartments

100 Canterbury Cir
Covington, Tennessee

Surrywood Apartments I & II

74 Birchwood Drive
Munford, Tennessee

Broadmeadow Place Apartments

150 Peeler Rd
Covington, Tennessee
Subsidized

Meadowview Elderly Apartments

1000 Meadowview Cv
Covington, Tennessee
Subsidized

Eaglewood VIII Apartments

50 Eaglewood Cove
Covington, Tennessee
Subsidized

Cottonwood Apartments

1981 Cottonwood Pl
Covington, Tennessee

Mason Manor Apartments

50 Mason Manor Ln
Mason, Tennessee
Subsidized

Tiptonville Village

149 Jamie Lynn Cv
Covington, Tennessee
Subsidized

Housing Authorities that serve Tipton County

Housing Authority Programs
Tennessee Housing Development Agency Central Office Section 8 Housing Choice Voucher (HCV); Mainstream Voucher
Tennessee Housing Development Agency West Tennessee Office Section 8 Housing Choice Voucher (HCV); Homeownership Voucher; Family Self-Sufficiency; Veteran Affairs Supportive Housing (VASH); Mainstream Voucher

Guide To Affordable Housing in Tipton County, Tennessee

There are 16 low income housing apartment communities offering 945 affordable apartments for rent in Tipton County, Tennessee.

Income Based Apartments in Tipton County, Tennessee

Tipton County features 663 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 Tipton County, Tennessee

There are 280 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Tipton County.

Housing Choice Vouchers in Tipton County, Tennessee

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Tipton County, Tennessee for a two-bedroom apartment is between $796 and $972.

2020 Tipton 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
Fair Market Rent $665 $755 $884 $1,203 $1,374
Payment Standard Range $599 to $732 $680 to $831 $796 to $972 $1,083 to $1,323 $1,237 to $1,511

Sourced from federal housing data and AffordableHousingOnline.com research.

Tipton County, TN Affordable Housing Snapshot

Total Affordable Apartment Properties 16
Total Low Income Apartments 945
Total Housing Units with Rental Assistance 663
Percentage of Housing Units Occupied By Renters 27.87%
Average Renter Household Size 2.85
Average Household Size 2.82
Median Household Income $53,669 ±$2,038
Median Rent $741 ±$29
Percentage Of Renters Overburdened 40.14% ± 5.74pp
Total Population 61,674

Population and Household Demographics

Tipton County is a county in Tennessee with a population of 61,674. There are 21,575 households in the county with an average household size of 2.82 persons. 27.87% of households in Tipton County are renters.

Income and Rent Overburden in Tipton County

The median gross income for households in Tipton County is $53,669 a year, or $4,472 a month. The median rent for the county is $741 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Tipton County, a household making less than $2,470 a month would be considered overburdened when renting an apartment at or above the median rent. 40.14% of households who rent are overburdened in Tipton County.

Area Median Income In Tipton 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 Tipton County, HUD calculates the Area Median Income for a family of four as $67,900

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 Tipton 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 Tipton County

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $14,250 $17,240 $21,720 $26,200 $30,680 $35,160 $39,640 $44,120
50% of Median $23,800 $27,200 $30,600 $33,950 $36,700 $39,400 $42,100 $44,850
80% of Median $38,050 $43,450 $48,900 $54,300 $58,650 $63,000 $67,350 $71,700

Cities In Tipton County

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

City Served By
Atoka The HUD funded Public Housing Agencies that serve Atoka are the Tennessee Housing Development Agency Central Office and Tennessee Housing Development Agency West Tennessee Office.
Brighton The HUD funded Public Housing Agencies that serve Brighton are the Tennessee Housing Development Agency Central Office and Tennessee Housing Development Agency West Tennessee Office.
Burlison The HUD funded Public Housing Agencies that serve Burlison are the Tennessee Housing Development Agency Central Office and Tennessee Housing Development Agency West Tennessee Office.
Covington The HUD funded Public Housing Agencies that serve Covington are the Covington Housing Authority, Tennessee Housing Development Agency Central Office and Tennessee Housing Development Agency West Tennessee Office.
Garland The HUD funded Public Housing Agencies that serve Garland are the Tennessee Housing Development Agency Central Office and Tennessee Housing Development Agency West Tennessee Office.
Gilt Edge The HUD funded Public Housing Agencies that serve Gilt Edge are the Tennessee Housing Development Agency Central Office and Tennessee Housing Development Agency West Tennessee Office.
Mason The HUD funded Public Housing Agencies that serve Mason are the Tennessee Housing Development Agency Central Office and Tennessee Housing Development Agency West Tennessee Office.
Munford The HUD funded Public Housing Agencies that serve Munford are the Tennessee Housing Development Agency Central Office and Tennessee Housing Development Agency West Tennessee Office.