About This Property
Waterview Apartments comprises 160 low-income rental units in Hendersonville, Tennessee, with a unit mix of 124 two-bedroom and 36 three-bedroom apartments. The property was placed in service in 2016 and is funded through tax-exempt bonds. The development provides affordable housing options for residents in Sumner County.
Property Details
Fair Market Rent - Sumner 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 | $1,404 |
| 1 Bedroom | $1,442 |
| 2 Bedroom | $1,619 |
| 3 Bedroom | $2,035 |
| 4 Bedroom | $2,482 |
Income Limits - Sumner County, TN
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $17,750
- Very Low (50%)
- $29,550
- Low (80%)
- $47,250
- Extremely Low (30%)
- $20,250
- Very Low (50%)
- $33,750
- Low (80%)
- $54,000
- Extremely Low (30%)
- $22,800
- Very Low (50%)
- $37,950
- Low (80%)
- $60,750
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $42,150
- Low (80%)
- $67,450
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $45,550
- Low (80%)
- $72,850
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $48,900
- Low (80%)
- $78,250
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $52,300
- Low (80%)
- $83,650
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $55,650
- Low (80%)
- $89,050
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $17,750 | $29,550 | $47,250 |
| 2 Persons | $20,250 | $33,750 | $54,000 |
| 3 Persons | $22,800 | $37,950 | $60,750 |
| 4 Persons | $26,500 | $42,150 | $67,450 |
| 5 Persons | $31,040 | $45,550 | $72,850 |
| 6 Persons | $35,580 | $48,900 | $78,250 |
| 7 Persons | $40,120 | $52,300 | $83,650 |
| 8 Persons | $44,660 | $55,650 | $89,050 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Hendersonville, TN?+
The Fair Market Rent (FMR) for Sumner County, TN is: $1404 (Studio), $1442 (1BR), $1619 (2BR), $2035 (3BR), $2482 (4BR). Actual rent at subsidized properties like Waterview Apartments is typically 30% of household income or less.
What size apartments are available at Waterview Apartments?+
Waterview Apartments offers the following unit types: 124 Two-Bedroom, 36 Three-Bedroom units, for a total of 160 units.
Who manages Waterview Apartments?+
Waterview Apartments is managed by . You can reach them at .
What is the price range for apartments in Hendersonville, TN?+
Based on Fair Market Rent for Sumner County, the estimated price range is: 2-bedroom: $1619, 3-bedroom: $2035. Actual rent at Waterview Apartments may be lower for income-eligible households.
What are the income limits for affordable housing in Sumner County, TN?+
For a 4-person household in Sumner County, TN, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $42,150, Low Income (80% AMI): $67,450. These limits are set by HUD and updated annually.
How do I apply for housing at Waterview Apartments?+
Waterview Apartments 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.
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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