About This Property
Fifth Street Rental provides 20 low-income units in Chattanooga, Tennessee, consisting of 13 studios, 5 one-bedroom units, and 2 two-bedroom units. The property has served residents with disabilities since 1997 and currently operates under a 9% Low-Income Housing Tax Credit allocation. A non-profit organization owns and manages the community.
Waitlist Information
Waitlist managed by Chattanooga Housing Authority
Highrise with preference for senior applicants. All applicants and household members must pass a background check.
Pre-applications were selected by computerized random lottery for 1,500 applicants. Only one application per registrant; duplicate applications result in disqualification. Registrants must be 18 years or older or an emancipated minor. Criminal background checks are part of the eligibility process.
Waitlist data provided by section8waitlist.org
Updated April 17, 2026
Property Details
Fair Market Rent - Hamilton 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 | $1,068 |
| 1 Bedroom | $1,085 |
| 2 Bedroom | $1,232 |
| 3 Bedroom | $1,569 |
| 4 Bedroom | $1,784 |
Income Limits - Hamilton County, TN
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $15,000
- Very Low (50%)
- $25,000
- Low (80%)
- $39,950
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $28,550
- Low (80%)
- $45,650
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $32,100
- Low (80%)
- $51,350
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $35,650
- Low (80%)
- $57,050
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $38,550
- Low (80%)
- $61,650
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $41,400
- Low (80%)
- $66,200
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $44,250
- Low (80%)
- $70,750
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $47,100
- Low (80%)
- $75,350
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $15,000 | $25,000 | $39,950 |
| 2 Persons | $17,420 | $28,550 | $45,650 |
| 3 Persons | $21,960 | $32,100 | $51,350 |
| 4 Persons | $26,500 | $35,650 | $57,050 |
| 5 Persons | $31,040 | $38,550 | $61,650 |
| 6 Persons | $35,580 | $41,400 | $66,200 |
| 7 Persons | $40,120 | $44,250 | $70,750 |
| 8 Persons | $44,660 | $47,100 | $75,350 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Chattanooga, TN?+
The Fair Market Rent (FMR) for Hamilton County, TN is: $1068 (Studio), $1085 (1BR), $1232 (2BR), $1569 (3BR), $1784 (4BR). Actual rent at subsidized properties like Fifth Street Rental is typically 30% of household income or less.
What size apartments are available at Fifth Street Rental?+
Fifth Street Rental offers the following unit types: 13 Studio, 5 One-Bedroom, 2 Two-Bedroom units, for a total of 20 units.
Is there a waitlist for Fifth Street Rental?+
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 Hamilton County, TN?+
For a 4-person household in Hamilton County, TN, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $35,650, Low Income (80% AMI): $57,050. These limits are set by HUD and updated annually.
Who is eligible to live at Fifth Street Rental?+
Fifth Street Rental primarily serves persons with disabilities. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
What is the price range for apartments in Chattanooga, TN?+
Based on Fair Market Rent for Hamilton County, the estimated price range is: 1-bedroom: $1085, 2-bedroom: $1232. Actual rent at Fifth Street Rental may be lower for income-eligible households.
Who manages Fifth Street Rental?+
Fifth Street Rental is managed by . You can reach them at . Visit their website for more information.
How do I apply for housing at Fifth Street Rental?+
Fifth Street Rental 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.
Contact Information
Walk Score
Very Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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