; Low Income Apartments For Rent in Waynesboro, TN

Willowbrook Apartments

49 Willowbrook Dr
Waynesboro, Tennessee
Rent Assisted
1 BR

Waynesboro Village Apartments

111 Vaughn St
Waynesboro, Tennessee
Rent Assisted
USDA S. 538
Call For Rent
1-2 BR

Grandview Apartments

216 Grandview Dr
Waynesboro, Tennessee
S. 202

Spring Valley Apartments

109 Spring Valley Ct
Waynesboro, Tennessee
S. 811 Supportive

Waynesboro Colonial CO Landura Mgmt

329 Highway 64 W
Waynesboro, Tennessee
Rent Assisted
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There are 0 low-income apartments in Waynesboro that offer reduced rents to eligible households.

Rental assistance programs support 151 low-income homes in Waynesboro where households pay rent based on how much they earn. For 2023, elgible households participating in federally assisted housing pay an average of $285 towards rent each month.

Affordable rent data for some communities last confirmed on October 26th, 2023. Subdsidized rents typically change once a year based on federal guidance.

Public Housing Agencies Serving Waynesboro, 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 Waynesboro.

Waynesboro, Tennessee Affordable Housing Data

Income Based Apartments in Waynesboro, Tennessee

Waynesboro features 151 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 0 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 $672 and $822.

2023 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
Waynesboro, Tennessee Fair Market Rent $609 $620 $747 $970 $1,051
Waynesboro, Tennessee Payment Standard Range $548 to $670 $558 to $682 $672 to $822 $873 to $1,067 $946 to $1,156

Sourced from federal housing data and AffordableHousingOnline.com research.

Waynesboro, TN Affordable Housing Snapshot

Total Affordable Apartment Properties 5
Total Low Income Apartments 151
Total Housing Units with Rental Assistance 151
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 $72,200

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

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 Waynesboro AMI may qualify for rental assistance programs that target Extremely Low Income households.
$14,580 $19,720 $24,860 $30,000 $35,140 $38,750 $41,450 $44,100
50% AMI Income Limits
Renters earning up to 50% of the Waynesboro AMI may qualify for rental assistance programs that target Very Low Income households.
$23,400 $26,750 $30,100 $33,400 $36,100 $38,750 $41,450 $44,100
80% AMI Income Limits
Renters earning up to 80% of the Waynesboro AMI may qualify for rental assistance programs that target Low Income households.
$37,400 $42,750 $48,100 $53,400 $57,700 $61,950 $66,250 $70,500