Affordable Housing In Woodbury
Cannon County, Tennessee

6 Low Income Apartment Communities In Woodbury

Cannon Manor Apartments

101 Stage Rd
Woodbury, Tennessee
Subsidized

Stage Road Manor

101 Stage Road
Woodbury, Tennessee

Hilltop Manor

147 Sunny Slope Rd
Woodbury, Tennessee
Subsidized
62+
Accessible
Elderly Supportive Housing

South Ridge Apartments

100 S Ridge Dr
Woodbury, Tennessee

Crosshill Village

811 S McCrary St
Woodbury, Tennessee

Holiday House

310 S Dillon St
Woodbury, Tennessee
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Section 8 Vouchers, Apartments, and Waiting Lists in Woodbury, 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.

Households who qualify for these programs may also qualify for Project-Based Section 8, which contributes rental assistance payments directly to private landlords on behalf of low-income tenants. Eligibility for the project-based program is similar to the voucher programs, but waiting list and application policies will vary depending on the landlord.

Public Housing Agencies Serving Woodbury, Tennessee

Housing Authority Programs
Woodbury Housing Authority Public Housing
Tennessee Housing Development Agency Section 8 Housing Choice Voucher (HCV); Family Self-Sufficiency; Mainstream Voucher; Homeownership

Guide To Affordable Housing in Woodbury, Tennessee

There are 6 low income housing apartment communities offering 200 affordable apartments for rent in Woodbury, Tennessee.

Income Based Apartments in Woodbury, Tennessee

Woodbury features 168 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 Woodbury, Tennessee

There are 32 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Woodbury.

Housing Choice Vouchers in Woodbury, Tennessee

On average, Section 8 Housing Choice vouchers pay Woodbury landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Woodbury.

The maximum amount a voucher would pay on behalf of a low-income tenant in Woodbury, Tennessee for a two-bedroom apartment is between $1,128 and $1,378.

2022 Woodbury, 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
Woodbury, Tennessee Fair Market Rent $1,079 $1,100 $1,253 $1,587 $1,975
Woodbury, Tennessee Payment Standard Range $971 to $1,187 $990 to $1,210 $1,128 to $1,378 $1,428 to $1,746 $1,778 to $2,173

Sourced from federal housing data and AffordableHousingOnline.com research.

Woodbury, TN Affordable Housing Snapshot

Total Affordable Apartment Properties 6
Total Low Income Apartments 200
Total Housing Units with Rental Assistance 168
Percentage of Housing Units Occupied By Renters 52.58%
Average Renter Household Size 2.44
Average Household Size 2.44
Median Household Income $27,061 ±$3,013
Median Rent $590 ±$85
Percentage Of Renters Overburdened 39.93% ± 11.84pp
Total Population 2,720

Population and Household Demographics

Woodbury is a city in Cannon County, Tennessee with a population of 2,720. There are 1,048 households in the city with an average household size of 2.44 persons. 52.58% of households in Woodbury are renters.

Income and Rent Overburden in Woodbury

The median gross income for households in Woodbury is $27,061 a year, or $2,255 a month. The median rent for the city is $590 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Woodbury, a household making less than $1,967 a month would be considered overburdened when renting an apartment at or above the median rent. 39.93% of households who rent are overburdened in Woodbury.

Area Median Income In Woodbury

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 Woodbury, the AMI is calculated from all households within Cannon County.

In Woodbury, HUD calculates the Area Median Income for a family of four as $84,300

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 Woodbury

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 Woodbury

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 Woodbury AMI may qualify for rental assistance programs that target Extremely Low Income households.
$17,750 $20,250 $22,800 $26,500 $31,040 $35,580 $40,120 $44,660
50% AMI Income Limits
Renters earning up to 50% of the Woodbury AMI may qualify for rental assistance programs that target Very Low Income households.
$29,550 $33,750 $37,950 $42,150 $45,550 $48,900 $52,300 $55,650
80% AMI Income Limits
Renters earning up to 80% of the Woodbury AMI may qualify for rental assistance programs that target Low Income households.
$47,250 $54,000 $60,750 $67,450 $72,850 $78,250 $83,650 $89,050