About This Property
Tiptonville Apts offers 24 low-income residential units in Tiptonville, Tennessee, with a mix of 12 one-bedroom and 12 two-bedroom apartments. The property has been in service since 1988 and is owned and operated by a non-profit organization. Interested parties may contact the property directly for current availability and rental information.
Property Details
Fair Market Rent - Lake 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 | $690 |
| 1 Bedroom | $694 |
| 2 Bedroom | $861 |
| 3 Bedroom | $1,118 |
| 4 Bedroom | $1,209 |
Income Limits - Lake 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 Tiptonville, TN?+
The Fair Market Rent (FMR) for Lake County, TN is: $690 (Studio), $694 (1BR), $861 (2BR), $1118 (3BR), $1209 (4BR). Actual rent at subsidized properties like Tiptonville Apts is typically 30% of household income or less.
What size apartments are available at Tiptonville Apts?+
Tiptonville Apts offers the following unit types: 12 One-Bedroom, 12 Two-Bedroom units, for a total of 24 units.
What is the price range for apartments in Tiptonville, TN?+
Based on Fair Market Rent for Lake County, the estimated price range is: 1-bedroom: $694, 2-bedroom: $861. Actual rent at Tiptonville Apts may be lower for income-eligible households.
What are the income limits for affordable housing in Lake County, TN?+
For a 4-person household in Lake 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.
How do I apply for housing at Tiptonville Apts?+
Tiptonville 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 Tiptonville Apts?+
Tiptonville Apts is managed by . You can reach them at . Visit their website for more information.
Walk Score
Car-Dependent
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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