About This Property
Baileyton Terrace Apartments offers 40 one-bedroom units designated for low-income households in Baileyton, Tennessee. The property was placed in service in 1995 and receives 4% Low-Income Housing Tax Credit financing. Management and leasing inquiries can be directed to the property contact.
Property Details
Fair Market Rent - Greene 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 | $584 |
| 1 Bedroom | $767 |
| 2 Bedroom | $861 |
| 3 Bedroom | $1,213 |
| 4 Bedroom | $1,371 |
Income Limits - Greene 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 Baileyton, TN?+
The Fair Market Rent (FMR) for Greene County, TN is: $584 (Studio), $767 (1BR), $861 (2BR), $1213 (3BR), $1371 (4BR). Actual rent at subsidized properties like Baileyton Terrace Apts is typically 30% of household income or less.
What size apartments are available at Baileyton Terrace Apts?+
Baileyton Terrace Apts offers the following unit types: 40 One-Bedroom units, for a total of 40 units.
Who manages Baileyton Terrace Apts?+
Baileyton Terrace Apts is managed by . You can reach them at . Visit their website for more information.
What are the income limits for affordable housing in Greene County, TN?+
For a 4-person household in Greene 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.
What is the price range for apartments in Baileyton, TN?+
Based on Fair Market Rent for Greene County, the estimated price range is: 1-bedroom: $767. Actual rent at Baileyton Terrace Apts may be lower for income-eligible households.
How do I apply for housing at Baileyton Terrace Apts?+
Baileyton Terrace Apts 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.
Contact Information
Walk Score
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Nearby Schools
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