; Low Income Apartments For Rent in Mountain City, TN

Apply to Mountain City Apartment Waiting Lists

Mountain City Manor Apartments

310 Dotson Ln
Mountain City, Tennessee
Subsidized
Rent Assisted
Senior
Supportive
LIHTC
S515
RDRA
Call For Rent
1 BR

Hillcrest Apartments

1444 Crossroads Dr
Mountain City, Tennessee
Subsidized
Rent Assisted
Senior
Supportive
S515
RDRA

Heritage Acres

924 Medical Park Dr
Mountain City, Tennessee
Subsidized
Senior
S. 202
BMIR

Shouns Manor Apartment

3933 Highway 421 South
Mountain City, Tennessee
Subsidized
PBRA

Village Apartments

1168 S Shady St
Mountain City, Tennessee
Subsidized
PBRA
BMIR
Call For Rent
1-3 BR
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There are 0 low-income apartments in Mountain City that offer reduced rents to eligible households.

Rental assistance programs support 232 low-income homes in Mountain City where households pay rent based on how much they earn. For 2024, elgible households participating in federally assisted housing pay an average of $260 towards rent each month.

Affordable rent data for some communities last confirmed on November 2nd, 2023. Subdsidized rents typically change once a year based on federal guidance.

Public Housing Agencies Serving Mountain City, 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
Kingsport Housing And Redevelopment Authority Section 8 Housing Choice Voucher (HCV); Public Housing; Homeownership Voucher; Family Self-Sufficiency; Section 8 Project-Based Voucher (PBV)
Go to the Tennessee Public Housing and Low-Income Apartments Waiting Lists page for openings near Mountain City.

Mountain City, Tennessee Affordable Housing Data

Income Based Apartments in Mountain City, Tennessee

Mountain City features 232 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 Mountain City, Tennessee

There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Mountain City.

Housing Choice Vouchers in Mountain City, Tennessee

On average, Section 8 Housing Choice vouchers pay Mountain City landlords $400 per month towards rent. The average voucher holder contributes $300 towards rent in Mountain City.

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

2024 Mountain City, 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
Mountain City, Tennessee Fair Market Rent $707 $761 $861 $1,063 $1,209
Mountain City, Tennessee Payment Standard Range $636 to $778 $685 to $837 $775 to $947 $957 to $1,169 $1,088 to $1,330

Sourced from federal housing data and AffordableHousingOnline.com research.

Mountain City, TN Affordable Housing Snapshot

Total Affordable Apartment Properties 5
Total Low Income Apartments 232
Total Housing Units with Rental Assistance 232
Percentage of Housing Units Occupied By Renters 43.67%
Average Renter Household Size 1.65
Average Household Size 2.01
Median Household Income $25,905 ±$3,674
Median Rent $394 ±$186
Percentage Of Renters Overburdened 39.8% ± 12.73pp
Total Population 2,543

Population and Household Demographics

Mountain City is a city in Johnson County, Tennessee with a population of 2,543. There are 1,145 households in the city with an average household size of 2.01 persons. 43.67% of households in Mountain City are renters.

Income and Rent Overburden in Mountain City

The median gross income for households in Mountain City is $25,905 a year, or $2,159 a month. The median rent for the city is $394 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Mountain City, a household making less than $1,313 a month would be considered overburdened when renting an apartment at or above the median rent. 39.8% of households who rent are overburdened in Mountain City.

Area Median Income In Mountain City

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 Mountain City, the AMI is calculated from all households within Johnson County.

In Mountain City, HUD calculates the Area Median Income for a family of four as $58,000

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 Mountain City

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 Mountain City

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 Mountain City 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 Mountain City 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 Mountain City 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