About This Property
Woodland Ridge Apartments offers 24 low-income units in Monteagle, Tennessee, consisting of eight one-bedroom and sixteen two-bedroom floor plans. The property was placed in service in 1987 and operates with 4% LIHTC financing. A non-profit entity owns and manages the community.
Waitlist Information
Waitlist managed by Grundy Housing Authority
Preferences are given to homeless, those in substandard living conditions, working families, elderly, disabled, individuals enrolled in educational or job training programs, victims of domestic violence, veterans, or victims of a natural disaster. Declining two invitations to apply will result in the application being purged from the waitlist.
The Grundy Housing Authority provides Section 8 Housing Choice Vouchers, but the waiting list is currently closed. The Tennessee Housing Development Agency's (THDA) statewide HCV waiting list is also closed.
Waitlist data provided by section8waitlist.org
Updated April 17, 2026
Property Details
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.
| Bedrooms | FMR |
|---|---|
| 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.
- 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 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 Woodland Ridge Apts is typically 30% of household income or less.
What size apartments are available at Woodland Ridge Apts?+
Woodland Ridge Apts offers the following unit types: 8 One-Bedroom, 16 Two-Bedroom units, for a total of 24 units.
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.
What is the price range for apartments in Monteagle, TN?+
Based on Fair Market Rent for Grundy County, the estimated price range is: 1-bedroom: $742, 2-bedroom: $861. Actual rent at Woodland Ridge Apts may be lower for income-eligible households.
How do I apply for housing at Woodland Ridge Apts?+
Woodland Ridge 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.
Who manages Woodland Ridge Apts?+
Woodland Ridge Apts is managed by . You can reach them at . Visit their website for more information.
Is there a waitlist for Woodland Ridge 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.
Contact Information
Location
Grundy County, TN
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