About This Property
Elk Way Apts comprises 48 low-income units in Fayetteville, Tennessee, with a mix of 38 two-bedroom and 10 three-bedroom apartments designed to serve families. The property has been in service since 2011 and is managed to provide affordable rental housing in Lincoln County.
Waitlist Information
Waitlist managed by Fayetteville Housing Authority
The Fayetteville Housing Authority does not have a preference. Qualified applicants are placed on the waiting list by the date and time the application is received.
The Section 8 Leased Housing Program is not currently accepting applications due to an existing waiting list with over five hundred families.
Waitlist data provided by section8waitlist.org
Updated May 8, 2026
Property Details
Fair Market Rent - Lincoln 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 | $767 |
| 2 Bedroom | $861 |
| 3 Bedroom | $1,213 |
| 4 Bedroom | $1,450 |
Income Limits - Lincoln County, TN
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $12,880
- Very Low (50%)
- $20,150
- Low (80%)
- $32,200
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $23,000
- Low (80%)
- $36,800
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $25,900
- Low (80%)
- $41,400
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $28,750
- Low (80%)
- $46,000
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $31,050
- Low (80%)
- $49,700
- Extremely Low (30%)
- $33,350
- Very Low (50%)
- $33,350
- Low (80%)
- $53,400
- Extremely Low (30%)
- $35,650
- Very Low (50%)
- $35,650
- Low (80%)
- $57,050
- Extremely Low (30%)
- $37,950
- Very Low (50%)
- $37,950
- Low (80%)
- $60,750
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $12,880 | $20,150 | $32,200 |
| 2 Persons | $17,420 | $23,000 | $36,800 |
| 3 Persons | $21,960 | $25,900 | $41,400 |
| 4 Persons | $26,500 | $28,750 | $46,000 |
| 5 Persons | $31,040 | $31,050 | $49,700 |
| 6 Persons | $33,350 | $33,350 | $53,400 |
| 7 Persons | $35,650 | $35,650 | $57,050 |
| 8 Persons | $37,950 | $37,950 | $60,750 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Fayetteville, TN?+
The Fair Market Rent (FMR) for Lincoln County, TN is: $707 (Studio), $767 (1BR), $861 (2BR), $1213 (3BR), $1450 (4BR). Actual rent at subsidized properties like Elk Way Apts is typically 30% of household income or less.
What size apartments are available at Elk Way Apts?+
Elk Way Apts offers the following unit types: 38 Two-Bedroom, 10 Three-Bedroom units, for a total of 48 units.
What is the price range for apartments in Fayetteville, TN?+
Based on Fair Market Rent for Lincoln County, the estimated price range is: 2-bedroom: $861, 3-bedroom: $1213. Actual rent at Elk Way Apts may be lower for income-eligible households.
What are the income limits for affordable housing in Lincoln County, TN?+
For a 4-person household in Lincoln County, TN, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $28,750, Low Income (80% AMI): $46,000. These limits are set by HUD and updated annually.
Who is eligible to live at Elk Way Apts?+
Elk Way Apts primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
Who manages Elk Way Apts?+
Elk Way Apts is managed by . You can reach them at .
How do I apply for housing at Elk Way Apts?+
Elk Way Apts 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.
Is there a waitlist for Elk Way 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.
Walk Score
Almost All Errands Require a Car
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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