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Affordable Housing In Waynesboro
Wayne County, Tennessee

5 Low Income Apartment Communities In Waynesboro

Willowbrook Apartments

49 Willowbrook Dr
Waynesboro, Tennessee
Call For Rent
1-2 BR

Spring Valley Apartments

109 Spring Valley Ct
Waynesboro, Tennessee
Subsidized
Accessible
Accessible
Disabled Supportive Housing

Grandview Apartments

216 Grandview Dr
Waynesboro, Tennessee
Subsidized
62+
Accessible
Elderly Supportive Housing

Waynesboro Village Apartments

111 Vaughn St
Waynesboro, Tennessee

Waynesboro Colonial CO Landura Mgmt

329 Highway 64 W
Waynesboro, Tennessee
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Housing Authorities that serve Waynesboro

Housing Authority Programs
Tennessee Housing Development Agency Central Office Section 8 Housing Choice Voucher (HCV); Mainstream Voucher
Tennessee Housing Development Agency South Central Tennessee Office Section 8 Housing Choice Voucher (HCV)

Guide To Affordable Housing in Waynesboro, Tennessee

There are 5 low income housing apartment communities offering 171 affordable apartments for rent in Waynesboro, Tennessee.

Income Based Apartments in Waynesboro, Tennessee

Waynesboro features 35 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 Waynesboro, Tennessee

There are 136 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Waynesboro.

Housing Choice Vouchers in Waynesboro, Tennessee

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Waynesboro, Tennessee for a two-bedroom apartment is between $584 and $714.

2020 Waynesboro, 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 $492 $515 $649 $829 $969
Payment Standard Range $443 to $541 $464 to $567 $584 to $714 $746 to $912 $872 to $1,066

Sourced from federal housing data and AffordableHousingOnline.com research.

Waynesboro, TN Affordable Housing Snapshot

Total Affordable Apartment Properties 5
Total Low Income Apartments 171
Total Housing Units with Rental Assistance 35
Percentage of Housing Units Occupied By Renters 32.09%
Average Renter Household Size 1.89
Average Household Size 2.07
Median Household Income $24,000 ±$5,050
Median Rent $343 ±$195
Percentage Of Renters Overburdened 23.58% ± 11.7pp
Total Population 2,425

Population and Household Demographics

Waynesboro is a city in Wayne County, Tennessee with a population of 2,425. There are 1,044 households in the city with an average household size of 2.07 persons. 32.09% of households in Waynesboro are renters.

Income and Rent Overburden in Waynesboro

The median gross income for households in Waynesboro is $24,000 a year, or $2,000 a month. The median rent for the city is $343 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Waynesboro, a household making less than $1,143 a month would be considered overburdened when renting an apartment at or above the median rent. 23.58% of households who rent are overburdened in Waynesboro.

Area Median Income In Waynesboro

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.

HUD often uses an area larger than a city to determine the AMI because HUD anticipates those searching for housing will look beyond individual cities during their housing search. For Waynesboro, the AMI is calculated from all households within Wayne County.

In Waynesboro, HUD calculates the Area Median Income for a family of four as $45,600

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 Waynesboro

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 Waynesboro

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $12,760 $17,240 $21,720 $26,200 $29,600 $31,800 $34,000 $36,200
50% of Median $19,200 $21,950 $24,700 $27,400 $29,600 $31,800 $34,000 $36,200
80% of Median $30,700 $35,100 $39,500 $43,850 $47,400 $50,900 $54,400 $57,900