Low Income Apartments For Rent in Mount Juliet, TN

Rental assistance programs support 0 low-income homes in Mount Juliet where households pay rent based on how much they earn. For 2024, elgible households participating in federally assisted housing pay an average of $435 towards rent each month.

Affordable rent data for some communities last confirmed on June 7th, 2024. Subdsidized rents typically change once a year based on federal guidance.

Public Housing Agencies Serving Mount Juliet, 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 Mount Juliet.

Mount Juliet, Tennessee Affordable Housing Data

Income Based Apartments in Mount Juliet, Tennessee

Mount Juliet features 0 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 Mount Juliet, Tennessee

There are 274 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Mount Juliet.

Housing Choice Vouchers in Mount Juliet, Tennessee

On average, Section 8 Housing Choice vouchers pay Mount Juliet landlords $600 per month towards rent. The average voucher holder contributes $400 towards rent in Mount Juliet.

The maximum amount a voucher would pay on behalf of a low-income tenant in Mount Juliet, Tennessee for a two-bedroom apartment is between $1,457 and $1,781.

2024 Mount Juliet, 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
Mount Juliet, Tennessee Fair Market Rent	$1,404	$1,442	$1,619	$2,035	$2,482
Mount Juliet, Tennessee Payment Standard Range	$1,264 to $1,544	$1,298 to $1,586	$1,457 to $1,781	$1,832 to $2,239	$2,234 to $2,730

Sourced from federal housing data and AffordableHousingOnline.com research.

Mount Juliet, TN Affordable Housing Snapshot

Total Affordable Apartment Properties 2

Total Low Income Apartments 274

Total Housing Units with Rental Assistance 0

Percentage of Housing Units Occupied By Renters 21.71%

Average Renter Household Size 2.59

Average Household Size 2.80

Median Household Income $75,973 ±$3,009

Median Rent $1,096 ±$90

Percentage Of Renters Overburdened 47.9% ± 10.98pp

Total Population 28,395

Total Affordable Apartment Properties	2
Total Low Income Apartments	274
Total Housing Units with Rental Assistance	0
Percentage of Housing Units Occupied By Renters	21.71%
Average Renter Household Size	2.59
Average Household Size	2.80
Median Household Income	$75,973 ±$3,009
Median Rent	$1,096 ±$90
Percentage Of Renters Overburdened	47.9% ± 10.98pp
Total Population	28,395

Population and Household Demographics

Mount Juliet is a city in Wilson County, Tennessee with a population of 28,395. There are 10,095 households in the city with an average household size of 2.80 persons. 21.71% of households in Mount Juliet are renters.

Income and Rent Overburden in Mount Juliet

The median gross income for households in Mount Juliet is $75,973 a year, or $6,331 a month. The median rent for the city is $1,096 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Mount Juliet, a household making less than $3,653 a month would be considered overburdened when renting an apartment at or above the median rent. 47.9% of households who rent are overburdened in Mount Juliet.

Area Median Income In Mount Juliet

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 Mount Juliet, the AMI is calculated from all households within Wilson County.

In Mount Juliet, HUD calculates the Area Median Income for a family of four as $102,500

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 Mount Juliet

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 Mount Juliet

	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 Mount Juliet AMI may qualify for rental assistance programs that target Extremely Low Income households.	$21,000	$24,000	$27,000	$30,000	$35,140	$40,280	$45,420	$50,560
50% AMI Income Limits Renters earning up to 50% of the Mount Juliet AMI may qualify for rental assistance programs that target Very Low Income households.	$34,950	$39,950	$44,950	$49,900	$53,900	$57,900	$61,900	$65,900
80% AMI Income Limits Renters earning up to 80% of the Mount Juliet AMI may qualify for rental assistance programs that target Low Income households.	$55,900	$63,900	$71,900	$79,850	$86,250	$92,650	$99,050	$105,450