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Low Income (LIHTC)Waitlist Open

Monteagle Greene Apts

48 Madison Ave, Monteagle, TN, 37356

Information verified May 8, 2026·We re-check waiting list status daily

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About This Property

Monteagle Greene Apts comprises 72 low-income rental units in Monteagle, Tennessee, with a mix of 50 two-bedroom and 22 three-bedroom apartments. The property has been in service since 2005 and is financed through 9% Low-Income Housing Tax Credits. The development provides affordable housing options for residents of Grundy County.

Waitlist Information

Waitlist managed by Grundy Housing Authority

Public Housing Waitlist
Open
Apply: In-person

Preferences are given for homeless, substandard living conditions, working families, elderly, disabled, those in educational or job training programs, victims of domestic violence, veterans, or victims of natural disasters; declining two invitations to apply will result in removal from the waitlist.

Last verified February 6, 2026
Section 8 (HCV) Waitlist
Closed

The Tennessee Housing Development Agency's (THDA) statewide HCV waiting list is also closed.

Last verified April 6, 2026

Waitlist data provided by section8waitlist.org

Updated May 8, 2026

Property Details

Total Units
72
2 Bedroom
50
3 Bedroom
22

Fair Market Rent - Grundy County, TN

FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.

BedroomsFMR
Studio/Efficiency$707
1 Bedroom$742
2 Bedroom$861
3 Bedroom$1,069
4 Bedroom$1,209

Income Limits - Grundy County, TN

Annual income limits by household size used to determine eligibility for affordable housing programs.

1 Person
Extremely Low (30%)
$12,880
Very Low (50%)
$19,750
Low (80%)
$31,600
2 Persons
Extremely Low (30%)
$17,420
Very Low (50%)
$22,600
Low (80%)
$36,100
3 Persons
Extremely Low (30%)
$21,960
Very Low (50%)
$25,400
Low (80%)
$40,600
4 Persons
Extremely Low (30%)
$26,500
Very Low (50%)
$28,200
Low (80%)
$45,100
5 Persons
Extremely Low (30%)
$30,500
Very Low (50%)
$30,500
Low (80%)
$48,750
6 Persons
Extremely Low (30%)
$32,750
Very Low (50%)
$32,750
Low (80%)
$52,350
7 Persons
Extremely Low (30%)
$35,000
Very Low (50%)
$35,000
Low (80%)
$55,950
8 Persons
Extremely Low (30%)
$37,250
Very Low (50%)
$37,250
Low (80%)
$59,550

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Tax Credit Program Details

Year Placed in Service
2005
LIHTC Credit Type
9%
Low-Income Units
72 / 72
Designations
Qualified Census Tract

Frequently Asked Questions

What is the average rent for affordable housing in Monteagle, TN?+

The Fair Market Rent (FMR) for Grundy County, TN is: $707 (Studio), $742 (1BR), $861 (2BR), $1069 (3BR), $1209 (4BR). Actual rent at subsidized properties like Monteagle Greene Apts is typically 30% of household income or less.

What size apartments are available at Monteagle Greene Apts?+

Monteagle Greene Apts offers the following unit types: 50 Two-Bedroom, 22 Three-Bedroom units, for a total of 72 units.

Is there a waitlist for Monteagle Greene Apts?+

Public Housing waitlist is currently Open. 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 Grundy County, TN?+

For a 4-person household in Grundy 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.

Who manages Monteagle Greene Apts?+

Monteagle Greene Apts is managed by . You can reach them at . Visit their website for more information.

How do I apply for housing at Monteagle Greene Apts?+

Monteagle Greene 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 Monteagle, TN?+

Based on Fair Market Rent for Grundy County, the estimated price range is: 2-bedroom: $861, 3-bedroom: $1069. Actual rent at Monteagle Greene Apts may be lower for income-eligible households.

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Walk Score

Almost All Errands Require a Car

0
Walk
14
Bike

Nearby Schools

PK,KG,1,2,3,4,5,6,7,8

Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.

Location

Grundy County, TN

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