
About This Property
Five Points Phase I Elderly comprises 90 low-income units in Knoxville, Tennessee, serving disabled residents. The property includes 84 one-bedroom and 6 two-bedroom apartments and has been in service since 2017. This Knox County development provides affordable housing options for its target population.
Waitlist Information
Waitlist managed by Knoxville Community Development Corporation
KCDC uses site-based waiting lists, so applicants must designate and apply for each property in which they are interested. All of KCDC’s properties have waiting lists.
Housing Choice Voucher applications are only accepted on the second Wednesday of each month from 8:00 a.m.-3:00 p.m. Applications will be processed by date and time received.
Waitlist data provided by section8waitlist.org
Updated April 17, 2026
Property Details
Fair Market Rent - Knox 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 - Knox 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 Knoxville, TN?+
The Fair Market Rent (FMR) for Knox County, TN is: $985 (Studio), $1000 (1BR), $1221 (2BR), $1578 (3BR), $1833 (4BR). Actual rent at subsidized properties like Five Points Phase I Elderly is typically 30% of household income or less.
What size apartments are available at Five Points Phase I Elderly?+
Five Points Phase I Elderly offers the following unit types: 84 One-Bedroom, 6 Two-Bedroom units, for a total of 90 units.
Who is eligible to live at Five Points Phase I Elderly?+
Five Points Phase I Elderly primarily serves 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 Five Points Phase I Elderly?+
Public Housing waitlist is currently Open. Section 8 (HCV) waitlist is currently Open. Waitlist status can change frequently, so check back regularly or contact the housing authority directly for the most up-to-date information.
Who manages Five Points Phase I Elderly?+
Five Points Phase I Elderly is managed by . You can reach them at .
What is the price range for apartments in Knoxville, TN?+
Based on Fair Market Rent for Knox County, the estimated price range is: 1-bedroom: $1000, 2-bedroom: $1221. Actual rent at Five Points Phase I Elderly may be lower for income-eligible households.
How do I apply for housing at Five Points Phase I Elderly?+
Five Points Phase I Elderly is a Low-Income Housing Tax Credit (LIHTC) property. To apply, you can start by calling , 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 are the income limits for affordable housing in Knox County, TN?+
For a 4-person household in Knox 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.
Walk Score
Car-Dependent
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
More Affordable Housing Near Five Points Phase I Elderly

Pinnacle Park Apartments
Knoxville, TN
200 Units
Holston Oaks Apartments
Knoxville, TN
198 Units
One South Place
Knoxville, TN
72 Units
Five Points Phase I Elderly
Knoxville, TN
90 Units
Oak Crest Apts
Knoxville, TN
72 Units
The Vista At Summit Hill
Knoxville, TN
175 Units