; Low Income Apartments For Rent in Piney Flats, TN

Apply to Piney Flats Apartment Waiting Lists

2055 Devault Bridge Rd

2055 Devault Bridge Rd
Piney Flats, Tennessee
$1,000
3 BR
Showing Results 1-15
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There are 0 low-income apartments in Piney Flats that offer reduced rents to eligible households.

Rental assistance programs support 0 low-income homes in Piney Flats where households pay rent based on how much they earn.

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 Piney Flats, 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
Bristol Housing Section 8 Housing Choice Voucher (HCV); Public Housing; Homeownership Voucher; Veteran Affairs Supportive Housing (VASH)
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 Piney Flats.

Piney Flats, Tennessee Affordable Housing Data

Income Based Apartments in Piney Flats, Tennessee

Piney Flats 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 Piney Flats, Tennessee

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

Housing Choice Vouchers in Piney Flats, Tennessee

On average, Section 8 Housing Choice vouchers pay Piney Flats landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Piney Flats.

The maximum amount a voucher would pay on behalf of a low-income tenant in Piney Flats, Tennessee for a two-bedroom apartment is between $815 and $996.

2024 Piney Flats, 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
Piney Flats, Tennessee Fair Market Rent $677 $717 $905 $1,179 $1,335
Piney Flats, Tennessee Payment Standard Range $609 to $745 $645 to $789 $815 to $996 $1,061 to $1,297 $1,202 to $1,469

Sourced from federal housing data and AffordableHousingOnline.com research.

Area Median Income In Piney Flats

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 Piney Flats, the AMI is calculated from all households within Sullivan County.

In Piney Flats, HUD calculates the Area Median Income for a family of four as $74,600

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 Piney Flats

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 Piney Flats

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 Piney Flats AMI may qualify for rental assistance programs that target Extremely Low Income households.
$14,850 $19,720 $24,860 $30,000 $35,140 $40,280 $43,750 $46,550
50% AMI Income Limits
Renters earning up to 50% of the Piney Flats AMI may qualify for rental assistance programs that target Very Low Income households.
$24,700 $28,200 $31,750 $35,250 $38,100 $40,900 $43,750 $46,550
80% AMI Income Limits
Renters earning up to 80% of the Piney Flats AMI may qualify for rental assistance programs that target Low Income households.
$39,500 $45,150 $50,800 $56,400 $60,950 $65,450 $69,950 $74,450