About This Property
Terrace View Townhomes comprises 23 three-bedroom units in Cookeville, Tennessee, serving low-income families and disabled residents. The property has been in service since 2000 and provides affordable housing options in Putnam County.
Waitlist Information
Waitlist managed by Highlands Residential Services
Pre-applications are accepted for families and senior/disabled individuals; no specific preferences were noted. All adult household members must be present at the interview and provide required documents.
Eligibility depends on income; the Very Low Income limit for a family of four in Putnam County for FY2025 is $39,850.
Waitlist data provided by section8waitlist.org
Updated June 17, 2026
Property Details
Fair Market Rent - Putnam 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 | $760 |
| 1 Bedroom | $764 |
| 2 Bedroom | $991 |
| 3 Bedroom | $1,368 |
| 4 Bedroom | $1,578 |
Income Limits - Putnam County, TN
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $12,880
- Very Low (50%)
- $20,800
- Low (80%)
- $33,250
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $23,750
- Low (80%)
- $38,000
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $26,700
- Low (80%)
- $42,750
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $29,650
- Low (80%)
- $47,450
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $32,050
- Low (80%)
- $51,250
- Extremely Low (30%)
- $34,400
- Very Low (50%)
- $34,400
- Low (80%)
- $55,050
- Extremely Low (30%)
- $36,800
- Very Low (50%)
- $36,800
- Low (80%)
- $58,850
- Extremely Low (30%)
- $39,150
- Very Low (50%)
- $39,150
- Low (80%)
- $62,650
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $12,880 | $20,800 | $33,250 |
| 2 Persons | $17,420 | $23,750 | $38,000 |
| 3 Persons | $21,960 | $26,700 | $42,750 |
| 4 Persons | $26,500 | $29,650 | $47,450 |
| 5 Persons | $31,040 | $32,050 | $51,250 |
| 6 Persons | $34,400 | $34,400 | $55,050 |
| 7 Persons | $36,800 | $36,800 | $58,850 |
| 8 Persons | $39,150 | $39,150 | $62,650 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Cookeville, TN?+
The Fair Market Rent (FMR) for Putnam County, TN is: $760 (Studio), $764 (1BR), $991 (2BR), $1368 (3BR), $1578 (4BR). Actual rent at subsidized properties like Terrace View Townhomes is typically 30% of household income or less.
What size apartments are available at Terrace View Townhomes?+
Terrace View Townhomes offers the following unit types: 23 Three-Bedroom units, for a total of 23 units.
How do I apply for housing at Terrace View Townhomes?+
Terrace View Townhomes 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 Terrace View Townhomes?+
Terrace View Townhomes is managed by . You can reach them at . Visit their website for more information.
Is there a waitlist for Terrace View Townhomes?+
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.
What are the income limits for affordable housing in Putnam County, TN?+
For a 4-person household in Putnam County, TN, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $29,650, Low Income (80% AMI): $47,450. These limits are set by HUD and updated annually.
Who is eligible to live at Terrace View Townhomes?+
Terrace View Townhomes primarily serves families, 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 Cookeville, TN?+
Based on Fair Market Rent for Putnam County, the estimated price range is: 3-bedroom: $1368. Actual rent at Terrace View Townhomes may be lower for income-eligible households.
Contact 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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