Fair Market Rent - Tipton 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 | $1,031 |
| 1 Bedroom | $1,146 |
| 2 Bedroom | $1,298 |
| 3 Bedroom | $1,711 |
| 4 Bedroom | $1,995 |
Income Limits - Tipton County, TN
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $14,450
- Very Low (50%)
- $24,050
- Low (80%)
- $38,500
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $27,500
- Low (80%)
- $44,000
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $30,950
- Low (80%)
- $49,500
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $34,350
- Low (80%)
- $54,950
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $37,100
- Low (80%)
- $59,350
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $39,850
- Low (80%)
- $63,750
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $42,600
- Low (80%)
- $68,150
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $45,350
- Low (80%)
- $72,550
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $14,450 | $24,050 | $38,500 |
| 2 Persons | $17,420 | $27,500 | $44,000 |
| 3 Persons | $21,960 | $30,950 | $49,500 |
| 4 Persons | $26,500 | $34,350 | $54,950 |
| 5 Persons | $31,040 | $37,100 | $59,350 |
| 6 Persons | $35,580 | $39,850 | $63,750 |
| 7 Persons | $40,120 | $42,600 | $68,150 |
| 8 Persons | $44,660 | $45,350 | $72,550 |
All Cities in Tipton County
Frequently Asked Questions About Housing in Tipton County, TN
How many affordable housing options are in Tipton County, Tennessee?+
Tipton County, Tennessee has 277 affordable housing listings across 4 cities, with a total of 492 housing units. This includes 262 public housing, 11 LIHTC, and 4 housing authority listings.
What cities in Tipton County have affordable housing?+
Tipton County has affordable housing in 4 cities. The top cities include Covington, Brighton, Munford, Mason. Browse the city listings on this page to see all available options by location.
What are the Fair Market Rents in Tipton County, Tennessee?+
The HUD Fair Market Rent (FMR) for Tipton County, Tennessee is: Studio: $1031, 1BR: $1146, 2BR: $1298, 3BR: $1711, 4BR: $1995. FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit. Subsidized housing typically charges 30% of the tenant's income.
What are the income limits for affordable housing in Tipton County, Tennessee?+
For a 4-person household in Tipton County, Tennessee: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $34,350, Low Income (80% AMI): $54,950. These HUD-set limits determine eligibility for various housing programs and are updated annually.
How do I apply for affordable housing in Tipton County, Tennessee?+
To apply for affordable housing in Tipton County, Tennessee: 1) Browse the listings on this page to find properties in your preferred city, 2) Contact the property or housing authority directly, 3) Complete their application, and 4) Provide proof of income and household size. Waitlist times vary — apply to multiple properties to maximize your chances.
What types of housing programs are available in Tipton County, Tennessee?+
Tipton County, Tennessee offers three main types of affordable housing: Public Housing (262 listings) — government-owned properties with income-based rent; LIHTC (11 listings) — privately owned apartments built with tax credits, offering below-market rents; and Housing Authorities (4 listings) — agencies administering Section 8 vouchers and public housing programs.
How large is the population of Tipton County?+
Tipton County has an estimated population of 29,698 across 4 cities. With 277 affordable housing properties serving the area, the county provides a range of housing assistance options for eligible residents.