; Low Income Apartments For Rent in Madison County, TN

Apply to Madison County Apartment Waiting Lists

Park Trace Apartments

100 Parkwood Trace
Jackson, Tennessee
Rent Assisted
LIHTC
Call For Rent
1-3 BR

Park Place Apartments

100 Boardwalk Cove
Jackson, Tennessee
Rent Assisted
LIHTC
BMIR
Call For Rent
1-3 BR

Park Ridge Apartments

100 Park Ridge Drive
Jackson, Tennessee
Rent Assisted
LIHTC
Call For Rent
1-3 BR

Whitehall Cove

100 Ben Lifsey Dr
Jackson, Tennessee
Rent Assisted
LIHTC
Call For Rent
1-3 BR

Madison Place Apartments

112 Rhone St
Jackson, Tennessee
Rent Assisted
LIHTC
Call For Rent
1-2 BR

St Mary Manor Apartments

1771 Highway 45 Byp
Jackson, Tennessee
Subsidized
Rent Assisted
Senior
S. 202
LIHTC
S. 223
Call For Rent
Studio-2 BR

East Pointe Apartments

504 Daugherty St
Jackson, Tennessee
Subsidized
PBRA
BMIR

Parkway East Apartments II

33 Carver Ave
Jackson, Tennessee
Subsidized
PBRA
BMIR

Parkway East Apartments Phase I

266 Roosevelt Pkwy
Jackson, Tennessee
Subsidized
PBRA
BMIR

New Southern Senior Center

181 E Chester St
Jackson, Tennessee
Subsidized
PBRA
BMIR

Royal Arms Apartments

1580 N Royal St
Jackson, Tennessee
Subsidized
Rent Assisted
PBRA
LIHTC

123 Craig St

123 Craig St
Jackson, Tennessee
$950
2 BR

32 Ingram St

32 Ingram St
Jackson, Tennessee
$800
2 BR

497 Lexington Ave

497 Lexington Ave
Jackson, Tennessee
$1,350
3 BR

1308 Martin St

1308 Martin St
Jackson, Tennessee
$1,400
3 BR
Showing Results 1-15

There are 1,032 low-income apartments in Madison County that offer reduced rents to eligible households.

Rental assistance programs support 1,349 low-income homes in Madison County where households pay rent based on how much they earn. For 2024, elgible households participating in federally assisted housing pay an average of $313 towards rent each month.

Affordable rent data for some communities last confirmed on June 25th, 2024. Subdsidized rents typically change once a year based on federal guidance.

Public Housing Agencies Serving Madison 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
Jackson Housing Authority Section 8 Housing Choice Voucher (HCV); Public Housing; Family Self-Sufficiency; Veteran Affairs Supportive Housing (VASH)
Go to the Tennessee Public Housing and Low-Income Apartments Waiting Lists page for openings near Madison County.

Madison County, Tennessee Affordable Housing Data

Income Based Apartments in Madison County, Tennessee

Madison County features 1,349 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 Madison County, Tennessee

There are 1,032 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Madison County.

Housing Choice Vouchers in Madison County, Tennessee

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Madison County, Tennessee for a two-bedroom apartment is between $1,024 and $1,252.

2024 Madison 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
Madison County, Tennessee Fair Market Rent $771 $866 $1,138 $1,558 $1,563
Madison County, Tennessee Payment Standard Range $694 to $848 $779 to $953 $1,024 to $1,252 $1,402 to $1,714 $1,407 to $1,719

Sourced from federal housing data and AffordableHousingOnline.com research.

Madison County, TN Affordable Housing Snapshot

Total Affordable Apartment Properties 60
Total Low Income Apartments 2,406
Total Housing Units with Rental Assistance 1,349
Percentage of Housing Units Occupied By Renters 35.43%
Average Renter Household Size 2.59
Average Household Size 2.56
Median Household Income $42,544 ±$1,587
Median Rent $767 ±$15
Percentage Of Renters Overburdened 54.31% ± 3.55pp
Total Population 98,184

Population and Household Demographics

Madison County is a county in Tennessee with a population of 98,184. There are 36,766 households in the county with an average household size of 2.56 persons. 35.43% of households in Madison County are renters.

Income and Rent Overburden in Madison County

The median gross income for households in Madison County is $42,544 a year, or $3,545 a month. The median rent for the county is $767 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Madison County, a household making less than $2,557 a month would be considered overburdened when renting an apartment at or above the median rent. 54.31% of households who rent are overburdened in Madison County.

Area Median Income In Madison 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 Madison County, HUD calculates the Area Median Income for a family of four as $73,500

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 Madison 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 Madison 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 Madison County AMI may qualify for rental assistance programs that target Extremely Low Income households.
$14,580 $19,720 $24,860 $30,000 $35,140 $39,750 $42,500 $45,250
50% AMI Income Limits
Renters earning up to 50% of the Madison County AMI may qualify for rental assistance programs that target Very Low Income households.
$24,000 $27,400 $30,850 $34,250 $37,000 $39,750 $42,500 $45,250
80% AMI Income Limits
Renters earning up to 80% of the Madison County AMI may qualify for rental assistance programs that target Low Income households.
$38,400 $43,850 $49,350 $54,800 $59,200 $63,600 $68,000 $72,350