Affordable Housing In Tipton County
Tennessee

Affordable Housing programs support 663 income based apartments in Tipton County where households pay rent based on how much they earn.

There are 280 affordable apartments in Tipton County that offer reduced rents to low-income households.

Waiting Lists in Tipton County, Tennessee

There are no open Section 8 Housing Choice Voucher waiting lists in Tipton County. Go to the Tennessee Section 8 Waiting Lists page for openings near Tipton County.

Fox Hollow Community

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

Glendale Commons

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

Cantebury Apartments

100 Canterbury Cir
Covington, Tennessee
Affordable

Surrywood Apartments I & II

74 Birchwood Drive
Munford, Tennessee
Affordable

Broadmeadow Place Apartments

150 Peeler Rd
Covington, Tennessee
Rent Assisted

Meadowview Elderly Apartments

1000 Meadowview Cv
Covington, Tennessee
Rent Assisted

Eaglewood VIII Apartments

50 Eaglewood Cove
Covington, Tennessee
Rent Assisted

Cottonwood Apartments

1981 Cottonwood Pl
Covington, Tennessee
Affordable

Mason Manor Apartments

50 Mason Manor Ln
Mason, Tennessee
Rent Assisted

Tiptonville Village

149 Jamie Lynn Cv
Covington, Tennessee
Rent Assisted
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Affordable Housing In Tipton County

View affordable apartments and waiting lists in cities near Tipton County

City Apartments
Affordable Housing In Brighton, TN Affordable Housing programs support 2 apartment communities in Brighton.
Affordable Housing In Covington, TN Affordable Housing programs support 11 apartment communities in Covington.
Affordable Housing In Mason, TN Affordable Housing programs support 1 apartment communities in Mason.
Affordable Housing In Munford, TN Affordable Housing programs support 2 apartment communities in Munford.

Public Housing Agencies Serving Tipton 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
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 Tipton County.

Tipton County, Tennessee Affordable Housing Data

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 $929 and $1,135.

2023 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
Tipton County, Tennessee Fair Market Rent $800 $902 $1,032 $1,365 $1,584
Tipton 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.

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 $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 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

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 Tipton 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 Tipton 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 Tipton 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