About This Property
The Peaks of Tazewell offers 56 low-income units in Tazewell, Tennessee, with a mix of one, two, and three-bedroom floor plans serving families. Placed in service in 2016, the property includes eight one-bedroom units, 32 two-bedroom units, and 16 three-bedroom units. The community is managed and available for eligible families seeking affordable housing in Claiborne County.
Property Details
Fair Market Rent - Claiborne 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 | $707 |
| 1 Bedroom | $767 |
| 2 Bedroom | $861 |
| 3 Bedroom | $1,127 |
| 4 Bedroom | $1,147 |
Income Limits - Claiborne County, TN
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $12,880
- Very Low (50%)
- $19,750
- Low (80%)
- $31,600
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $22,600
- Low (80%)
- $36,100
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $25,400
- Low (80%)
- $40,600
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $28,200
- Low (80%)
- $45,100
- Extremely Low (30%)
- $30,500
- Very Low (50%)
- $30,500
- Low (80%)
- $48,750
- Extremely Low (30%)
- $32,750
- Very Low (50%)
- $32,750
- Low (80%)
- $52,350
- Extremely Low (30%)
- $35,000
- Very Low (50%)
- $35,000
- Low (80%)
- $55,950
- Extremely Low (30%)
- $37,250
- Very Low (50%)
- $37,250
- Low (80%)
- $59,550
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $12,880 | $19,750 | $31,600 |
| 2 Persons | $17,420 | $22,600 | $36,100 |
| 3 Persons | $21,960 | $25,400 | $40,600 |
| 4 Persons | $26,500 | $28,200 | $45,100 |
| 5 Persons | $30,500 | $30,500 | $48,750 |
| 6 Persons | $32,750 | $32,750 | $52,350 |
| 7 Persons | $35,000 | $35,000 | $55,950 |
| 8 Persons | $37,250 | $37,250 | $59,550 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Tazewell, TN?+
The Fair Market Rent (FMR) for Claiborne County, TN is: $707 (Studio), $767 (1BR), $861 (2BR), $1127 (3BR), $1147 (4BR). Actual rent at subsidized properties like The Peaks of Tazewell is typically 30% of household income or less.
What size apartments are available at The Peaks of Tazewell?+
The Peaks of Tazewell offers the following unit types: 8 One-Bedroom, 32 Two-Bedroom, 16 Three-Bedroom units, for a total of 56 units.
How do I apply for housing at The Peaks of Tazewell?+
The Peaks of Tazewell 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.
Who manages The Peaks of Tazewell?+
The Peaks of Tazewell is managed by . You can reach them at . Visit their website for more information.
Who is eligible to live at The Peaks of Tazewell?+
The Peaks of Tazewell primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
What are the income limits for affordable housing in Claiborne County, TN?+
For a 4-person household in Claiborne County, TN, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $28,200, Low Income (80% AMI): $45,100. These limits are set by HUD and updated annually.
What is the price range for apartments in Tazewell, TN?+
Based on Fair Market Rent for Claiborne County, the estimated price range is: 1-bedroom: $767, 2-bedroom: $861, 3-bedroom: $1127. Actual rent at The Peaks of Tazewell may be lower for income-eligible households.
Walk Score
Almost All Errands Require a Car
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
