What HUD offices serve Obion County, Tennessee?
Public Housing Agencies operate federally assisted affordable housing programs at local levels on behalf of HUD. Notably, housing agencies are responsible for managing Section 8 Housing Choice Voucher, Public Housing, and Project-Based Voucher waiting lists within their jurisdiction.
Go to the Tennessee Public Housing and Low-Income Apartments Waiting Lists page for openings near Obion County.
How many renters live in Obion County, Tennessee?
The County of Obion County has people living in households.
There are renters living in renter households in this County. Renters make up 34.26 percent of the population living in Obion County.
What is the rental market like in Obion County, Tennessee?
There are an estimated housing units in the Obion County area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Obion County, Tennessee, there are 1.05 rental units.
What is the vacancy rate for rentals in Obion County?
The rental vacancy rate in Obion County is 4 percent. This is a lower than average vacancy rate. When rental vacancy rates are low there are fewer available units. Rents tend to be higher as more people compete for scarce housing.
How many rental units are in Obion County for each bedroom size?
Occupied Rental Units by Size in Obion County
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 92 | 454 | 1,897 | 1,596 | 230 |
Occupied Rental Units by Size in Obion County
A large number of apartments in Obion County have two or fewer bedrooms. Seniors and young professionals especially may have more success finding an apartment that meets their needs.
How Much Is Rent in Obion County
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $717 to $1,147. FMRs are updated annually by HUD for every city and county nationwide.
| Bed Size | 2024 Fair Market Rents |
| Studio | $717 |
| One BR | $721 |
| Two BR | $861 |
| Three BR | $1,098 |
| Four BR | $1,147 |
2024 Fair Market Rents in Obion County, Tennessee
How many units are rented at Fair Market Rent (FMR) in Obion County?
Renters with a Section 8 Housing Choice Voucher must select a home that is at or below the area’s Fair Market Rent. Markets with a large share of units above FMR tend to have longer search times to find a qualified unit, while those with a large share of units below FMR tend to have more choices and shorter search times. The share below FMR can vary by size of unit, as shown in the table below.
These are the approximate number of units renting below the FMR in this market:
| Unit Size | Count of Units Below FMR | Percentage of Total Units Below FMR |
| Studio | 53 | 58 percent |
| One BR | 370 | 81 percent |
| Two BR | 1,214 | 64 percent |
Rental Units Below FMR in Obion County, Tennessee
How many affordable rental units are in Obion County?
There are a variety of federal affordable housing programs serving households in Obion County, Tennessee including the following:
| Federal Program | Unit Count |
| Low Income Housing Tax Credit | |
| Public Housing | |
| Section 8 Project-Based Rental Assistance | |
| Section 811 Supportive Housing for Persons with Disabilities | |
| USDA Section 515 Rural Rental Housing |
Tracked Units by Federal Program in Obion County, Tennessee
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in Obion County, Tennessee
Obion County features 754 income based apartments. Tenants of income based apartments typically pay no more than 30% of their income towards rent and utilities.
Low Rent Apartments in Obion County, Tennessee
There are 84 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Obion County.
Housing Choice Vouchers in Obion County, Tennessee
On average, Section 8 Housing Choice vouchers pay Obion County landlords $600 per month towards rent. The average voucher holder contributes $300 towards rent in Obion County.
The maximum amount a voucher would pay on behalf of a low-income tenant in Obion County, Tennessee for a two-bedroom apartment is between $775 and $947.
Sourced from federal housing data and AffordableHousingOnline.com research.
