About This Property
Kareday Terrace Apts is a 56-unit affordable housing community in Oak Ridge, Tennessee that has served elderly and disabled residents since 2011. The property consists entirely of one-bedroom units designated for low-income households. The community is managed to provide housing options for residents with specialized needs.
Waitlist Information
Waitlist managed by Oak Ridge Housing Authority
Public Housing is income-based, with residents paying about 30% of their income for rent and utilities. ORHA manages 128 public housing units. Preferences include displacement, homelessness, domestic violence, veteran status, elderly, disabled, and employment.
Income limits for Section 8/HCV program require gross income at or below the 'Extremely Low' limit for the appropriate family/household size. The program currently provides up to 295 vouchers.
Waitlist data provided by section8waitlist.org
Updated April 18, 2026
Property Details
Fair Market Rent - Anderson County, TN
FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.
| Bedrooms | FMR |
|---|---|
| Studio/Efficiency | $985 |
| 1 Bedroom | $1,000 |
| 2 Bedroom | $1,221 |
| 3 Bedroom | $1,578 |
| 4 Bedroom | $1,833 |
Income Limits - Anderson County, TN
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $15,350
- Very Low (50%)
- $25,550
- Low (80%)
- $40,900
- Extremely Low (30%)
- $17,550
- Very Low (50%)
- $29,200
- Low (80%)
- $46,750
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $32,850
- Low (80%)
- $52,600
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $36,500
- Low (80%)
- $58,400
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $39,450
- Low (80%)
- $63,100
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $42,350
- Low (80%)
- $67,750
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $45,300
- Low (80%)
- $72,450
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $48,200
- Low (80%)
- $77,100
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $15,350 | $25,550 | $40,900 |
| 2 Persons | $17,550 | $29,200 | $46,750 |
| 3 Persons | $21,960 | $32,850 | $52,600 |
| 4 Persons | $26,500 | $36,500 | $58,400 |
| 5 Persons | $31,040 | $39,450 | $63,100 |
| 6 Persons | $35,580 | $42,350 | $67,750 |
| 7 Persons | $40,120 | $45,300 | $72,450 |
| 8 Persons | $44,660 | $48,200 | $77,100 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Oak Ridge, TN?+
The Fair Market Rent (FMR) for Anderson County, TN is: $985 (Studio), $1000 (1BR), $1221 (2BR), $1578 (3BR), $1833 (4BR). Actual rent at subsidized properties like Kareday Terrrace Apts is typically 30% of household income or less.
What size apartments are available at Kareday Terrrace Apts?+
Kareday Terrrace Apts offers the following unit types: 56 One-Bedroom units, for a total of 56 units.
How do I apply for housing at Kareday Terrrace Apts?+
Kareday Terrrace Apts is a Low-Income Housing Tax Credit (LIHTC) property. To apply, you can start by calling , or visiting their website, or contacting the property management office. Contact the property to learn about availability and application requirements. Eligibility is based on income limits set for the area.
What is the price range for apartments in Oak Ridge, TN?+
Based on Fair Market Rent for Anderson County, the estimated price range is: 1-bedroom: $1000. Actual rent at Kareday Terrrace Apts may be lower for income-eligible households.
Who is eligible to live at Kareday Terrrace Apts?+
Kareday Terrrace Apts primarily serves elderly residents, persons with disabilities. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
Is there a waitlist for Kareday Terrrace Apts?+
Public Housing waitlist is currently Closed. Section 8 (HCV) waitlist is currently Closed. Waitlist status can change frequently, so check back regularly or contact the housing authority directly for the most up-to-date information.
What are the income limits for affordable housing in Anderson County, TN?+
For a 4-person household in Anderson County, TN, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $36,500, Low Income (80% AMI): $58,400. These limits are set by HUD and updated annually.
Who manages Kareday Terrrace Apts?+
Kareday Terrrace Apts is managed by . You can reach them at . Visit their website for more information.
Contact Information
Walk Score
Car-Dependent
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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