Discover affordable housing in Memphis where there are 385+ housing opportunities based on income and household needs like accessible units for seniors or persons with disabilities. Find and apply to these low income apartments now.
645 North Main, Memphis, Tennessee 38107
payment $837-1500/mo. switch_access_shortcut Short Wait payment Subsidized accessibility Accessible
250 GE Patterson, Memphis, Tennessee 38106
switch_access_shortcut Short Wait payment Subsidized accessibility Accessible
3500 Westline Dr., Memphis, Tennessee 38128
switch_access_shortcut Short Wait payment Subsidized accessibility Accessible
3707 Pershing Park Drive, Memphis, Tennessee 38127
switch_access_shortcut Short Wait payment Subsidized accessibility Accessible
994 N. Watkins St., Memphis, Tennessee 38107
payment Subsidized accessibility Accessible
1081 Court Ave, Memphis, Tennessee 38109
switch_access_shortcut Short Wait real_estate_agent Accepts Vouchers accessibility Accessible
3717 Robin Park Circle, Memphis, Tennessee 38111
payment Subsidized accessibility Accessible
1430 Graceland Pines, Memphis, Tennessee 38116
payment Subsidized
1770 Piping Rock Drive, Memphis, Tennessee 38116
payment $650-1150/mo. switch_access_shortcut Short Wait payment Subsidized real_estate_agent Accepts Vouchers payment Income Based accessibility Accessible
1541 Northside Drive, Memphis, Tennessee 38127
switch_access_shortcut Short Wait real_estate_agent Accepts Vouchers accessibility Accessible
2818 Green Terrace Drive, Memphis, Tennessee 38127
switch_access_shortcut Short Wait payment Subsidized accessibility Accessible
2570 Woodcliff Drive , Memphis, Tennessee 38127
payment Subsidized accessibility Accessible
374 Mill Avenue, Memphis, Tennessee 38107
switch_access_shortcut Short Wait accessibility Accessible
374 Mill Ave., Memphis, Tennessee 38105
2801 Raja Drive, Memphis, Tennessee 38127
switch_access_shortcut Short Wait payment Subsidized accessibility Accessible
256 S. Camilla St, Memphis, Tennessee 38104
bed Studio-1 payment Subsidized
875 Linden Ave., Memphis, Tennessee 38104
payment Subsidized elderly Senior
3290 Woodhollow Dr, Memphis, Tennessee 38118
payment Subsidized
3295 Woodhollow Dr, Memphis, Tennessee 38118
payment Subsidized accessibility Accessible accessible_forward Disability
1425 Taylor Street, Memphis, Tennessee 38106
payment Income BasedLook for program and preference badges on affordable apartment listings. These badges can help you identify the types of low income housing each apartment offers and if you may be eligbile for rental assistance or reduced rents.
switch_access_shortcut Short Wait payment Subsidized real_estate_agent Accepts Vouchers elderly Senior payment Income Based accessibility Accessible accessible_forward Disability real_estate_agent Naturally Affordable The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Memphis, Tennessee$17.33 (+239%) more than Tennessee minimum wage and $17.33 (+239%) more than the Federal minimum wage.
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.
Operates the Section 8 Housing Choice Voucher (HCV), Public Housing programs for Memphis, Tennessee. Operates the Section 8 Housing Choice Voucher (HCV), Public Housing programs for Memphis, Tennessee.Operates the Section 8 Housing Choice Voucher (HCV), Family Self-Sufficiency, Mainstream Voucher, Homeownership programs for Memphis, Tennessee.
The City of Memphis has people living in households.
There are renters living in renter households in this City. Renters make up 51.8 percent of the population living in Memphis.
There are an estimated housing units in the Memphis area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Memphis, Tennessee, there are 1.12 rental units.
The rental vacancy rate in Memphis is 9 percent. This is a higher than average vacancy rate. When rental vacancy rates are high it means that there are a lot of available units and rents tend to be lower.
A large number of apartments in Memphis have two or fewer bedrooms. Seniors and young professionals especially may have more success finding an apartment that meets their needs.
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $1,031 to $1,995. FMRs are updated annually by HUD for every city and county nationwide.
Renters with a Section 8 Housing Choice Voucher must select a home that is at or below the area’s Fair Market Rent. Markets with a large share of units above FMR tend to have longer search times to find a qualified unit, while those with a large share of units below FMR tend to have more choices and shorter search times. The share below FMR can vary by size of unit, as shown in the table below.
These are the approximate number of units renting below the FMR in this market:
There are a variety of federal affordable housing programs serving households in Memphis, Tennessee including the following:
Rental units may be funded in part by multiple federal programs.
Memphis features 8,904 income based apartments. Tenants of income based apartments typically pay no more than 30% of their income towards rent and utilities.
There are 12,546 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Memphis.
On average, Section 8 Housing Choice vouchers pay Memphis landlords $700 per month towards rent. The average voucher holder contributes $300 towards rent in Memphis.
The maximum amount a voucher would pay on behalf of a low-income tenant in Memphis, Tennessee for a two-bedroom apartment is between $1,168 and $1,428.
Affordable Housing TipKnow your rights as a Section 8 tenant.
In many areas, private landlords with an available unit can refuse interested tenants who have a Section 8 voucher. Check your local laws.
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