Newport Manor Apartments

299 Dykes St, Newport, Tennessee 37821

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Newport Manor Apartments is managed by Olympia Management INC.

Come home to Newport Manor, conveniently located in Newport, Tennessee! Affordable apartments are available in floor plans from 1- to 3-bedrooms, each fully equipped with washer/dryer connections and kitchen appliances.

Your kids will enjoy the on-site playground, and you will appreciate the convenience of shopping and dining located just a few blocks away. Water/sewer and garbage removal are even included in the rent!

Unit (Bd/Ba) Ft2 Rent
One Bedroom (1/1) - Call for Price
Two Bedroom (2/1) - Call for Price
Three Bedroom (3/2) - Call for Price

Eligibility for Newport Manor Apartments

Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in a HUD rental assistance program in Newport but actual income limits may differ for units at Newport Manor Apartments.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person
30% $14,580 $19,720 $24,860 $30,000 $35,140 $38,750
50% $23,400 $26,750 $30,100 $33,400 $36,100 $38,750
80% $37,400 $42,750 $48,100 $53,400 $57,700 $61,950

Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in the Low-Income Housing Tax Credit program in Newport but actual income limits may differ for units at Newport Manor Apartments.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person
Very Low Income (50%) $23,400 $26,750 $30,100 $33,400 $36,100 $38,750
Low Income (60%) $28,080 $32,100 $36,120 $40,080 $43,320 $46,500

Newport Manor Apartments Details

  • 30 one, two and three bedroom units.
  • Low-Income Housing Tax Credit (LIHTC)
  • Section 515 Rural Rental Housing
  • Section 521 USDA Rental Assistance

Property Amenities

  • Playground
  • On-Site Manager
  • Laundry Facilities

Unit Amenities

  • Dishwasher
  • Washer and Dryer Hookup
  • Refrigerator
  • Oven and Range
  • Central Heat & Air

Office Hours

Day Hours
Tuesday 8:00am-5:00pm
Thursday 8:00am-5:00pm
Friday 8:00am-5:00pm
Low-Income Housing Tax Credit (LIHTC)

Since this property has received funding in part through the Low Income Housing Tax Credit (LIHTC) program, a certain number of units are set aside for lower income households. Households must earn either less than 50% or 60% of the area median income (depending on the set-aside option chosen by the property owner) to qualify for these units. Rents in these units are capped at a maximum of 30% of the set-aside area median income (adjusted for unit size). Some rental units in this property may not be subject to LIHTC and therefore have higher rents and no maximum household income requirement.

Section 515 Rural Rental Housing

This property has received funding in part through the Section 515 Rural Rental Housing (Section 515) program. Very low, low, and moderate income families, elderly persons, and persons with disabilities are eligible to live at this property. Persons or Families living in substandard housing have priority for tenancy.

Section 521 USDA Rental Assistance

The property participates in the USDA Rural Development Rental Assistance program. This rental subsidy, available only to USDA Section 514, 515 and 516 properties, ensures renters only pay 30% of their adjusted income towards rent. USDA Rural Development Rental Assistance may not be available for all units at this property.

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