Low Income Apartments For Rent in Humboldt, TN

Rental assistance programs support 277 low-income homes in Humboldt where households pay rent based on how much they earn. For 2024, elgible households participating in federally assisted housing pay an average of $299 towards rent each month.

Affordable rent data for some communities last confirmed on June 24th, 2024. Subdsidized rents typically change once a year based on federal guidance.

Public Housing Agencies Serving Humboldt, 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
Humboldt Housing Authority	Public Housing
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 Humboldt.

Humboldt, Tennessee Affordable Housing Data

Income Based Apartments in Humboldt, Tennessee

Humboldt features 277 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 Humboldt, Tennessee

There are 88 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Humboldt.

Housing Choice Vouchers in Humboldt, Tennessee

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Humboldt, Tennessee for a two-bedroom apartment is between $775 and $947.

2024 Humboldt, 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
Humboldt, Tennessee Fair Market Rent	$654	$722	$861	$1,213	$1,461
Humboldt, Tennessee Payment Standard Range	$589 to $719	$650 to $794	$775 to $947	$1,092 to $1,334	$1,315 to $1,607

Sourced from federal housing data and AffordableHousingOnline.com research.

Humboldt, TN Affordable Housing Snapshot

Total Affordable Apartment Properties 6

Total Low Income Apartments 366

Total Housing Units with Rental Assistance 277

Percentage of Housing Units Occupied By Renters 36.45%

Average Renter Household Size 2.74

Average Household Size 2.34

Median Household Income $31,684 ±$4,636

Median Rent $608 ±$53

Percentage Of Renters Overburdened 47.73% ± 11.62pp

Total Population 8,325

Total Affordable Apartment Properties	6
Total Low Income Apartments	366
Total Housing Units with Rental Assistance	277
Percentage of Housing Units Occupied By Renters	36.45%
Average Renter Household Size	2.74
Average Household Size	2.34
Median Household Income	$31,684 ±$4,636
Median Rent	$608 ±$53
Percentage Of Renters Overburdened	47.73% ± 11.62pp
Total Population	8,325

Population and Household Demographics

Humboldt is a city in Gibson County, Tennessee with a population of 8,325. There are 3,391 households in the city with an average household size of 2.34 persons. 36.45% of households in Humboldt are renters.

Income and Rent Overburden in Humboldt

The median gross income for households in Humboldt is $31,684 a year, or $2,640 a month. The median rent for the city is $608 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Humboldt, a household making less than $2,027 a month would be considered overburdened when renting an apartment at or above the median rent. 47.73% of households who rent are overburdened in Humboldt.

Area Median Income In Humboldt

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 Humboldt, the AMI is calculated from all households within Gibson County.

In Humboldt, HUD calculates the Area Median Income for a family of four as $69,600

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 Humboldt

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 Humboldt

	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 Humboldt 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 Humboldt 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 Humboldt 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