Affordable Housing Hub
Low Income (LIHTC)Waitlist Open

Rainbow Creek Apts

7604 Standifer Gap Rd, Chattanooga, TN, 37421

Information verified May 9, 2026·We re-check waiting list status daily

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About This Property

Rainbow Creek Apts offers 150 low-income housing units in Chattanooga, Tennessee, serving families and individuals with disabilities since 2000. The community provides 112 two-bedroom and 38 three-bedroom apartments designed to meet the needs of various household sizes.

Waitlist Information

Waitlist managed by Chattanooga Housing Authority

Public Housing Waitlist
Open
Apply: Online

The website provides a 'WAITING LIST APPLICATION PORTAL' for CHA-Managed Housing, which includes Public Housing. Specific opening or closing dates are not mentioned.

Last verified April 21, 2026
Section 8 (HCV) Waitlist
Closed
Opened February 9, 2023
Closed February 9, 2023
Apply: Online

1,000 applicants were placed on the waiting list by random lottery.

Last verified February 24, 2026

Waitlist data provided by section8waitlist.org

Updated May 8, 2026

Property Details

Total Units
150
2 Bedroom
112
3 Bedroom
38

Fair Market Rent - Hamilton County, TN

FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.

BedroomsFMR
Studio/Efficiency$1,068
1 Bedroom$1,085
2 Bedroom$1,232
3 Bedroom$1,569
4 Bedroom$1,784

Income Limits - Hamilton County, TN

Annual income limits by household size used to determine eligibility for affordable housing programs.

1 Person
Extremely Low (30%)
$15,000
Very Low (50%)
$25,000
Low (80%)
$39,950
2 Persons
Extremely Low (30%)
$17,420
Very Low (50%)
$28,550
Low (80%)
$45,650
3 Persons
Extremely Low (30%)
$21,960
Very Low (50%)
$32,100
Low (80%)
$51,350
4 Persons
Extremely Low (30%)
$26,500
Very Low (50%)
$35,650
Low (80%)
$57,050
5 Persons
Extremely Low (30%)
$31,040
Very Low (50%)
$38,550
Low (80%)
$61,650
6 Persons
Extremely Low (30%)
$35,580
Very Low (50%)
$41,400
Low (80%)
$66,200
7 Persons
Extremely Low (30%)
$40,120
Very Low (50%)
$44,250
Low (80%)
$70,750
8 Persons
Extremely Low (30%)
$44,660
Very Low (50%)
$47,100
Low (80%)
$75,350

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Tax Credit Program Details

Year Placed in Service
2000
LIHTC Credit Type
3
Low-Income Units
150 / 150
Target Population
FamiliesDisabled

Frequently Asked Questions

What is the average rent for affordable housing in Chattanooga, TN?+

The Fair Market Rent (FMR) for Hamilton County, TN is: $1068 (Studio), $1085 (1BR), $1232 (2BR), $1569 (3BR), $1784 (4BR). Actual rent at subsidized properties like Rainbow Creek Apts is typically 30% of household income or less.

What size apartments are available at Rainbow Creek Apts?+

Rainbow Creek Apts offers the following unit types: 112 Two-Bedroom, 38 Three-Bedroom units, for a total of 150 units.

Who is eligible to live at Rainbow Creek Apts?+

Rainbow Creek Apts primarily serves families, persons with disabilities. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.

How do I apply for housing at Rainbow Creek Apts?+

Rainbow Creek 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.

Who manages Rainbow Creek Apts?+

Rainbow Creek Apts is managed by . You can reach them at . Visit their website for more information.

What are the income limits for affordable housing in Hamilton County, TN?+

For a 4-person household in Hamilton County, TN, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $35,650, Low Income (80% AMI): $57,050. These limits are set by HUD and updated annually.

What is the price range for apartments in Chattanooga, TN?+

Based on Fair Market Rent for Hamilton County, the estimated price range is: 2-bedroom: $1232, 3-bedroom: $1569. Actual rent at Rainbow Creek Apts may be lower for income-eligible households.

Is there a waitlist for Rainbow Creek Apts?+

Public Housing waitlist is currently Open. Section 8 (HCV) waitlist is currently Closed. Waitlist status can change frequently, so check back regularly or contact the housing authority directly for the most up-to-date information.

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Walk Score

Car-Dependent

29
Walk
0
Transit
29
Bike

Nearby Schools

PK,KG,1,2,3,4,5

Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.

Location

Hamilton County, TN

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Housing Resources in Chattanooga, TN

HUD-Approved Counseling Agencies

CCCS OF ROCHESTER-CHATTANOOGA

Mortgage Delinquency and Default Resolution CounselingPre-Purchase CounselingPre-Purchase Homebuyer Education Workshops

CHATTANOOGA NEIGHBORHOOD ENTERPRISE, INC.

Mortgage Delinquency and Default Resolution CounselingPre-Purchase CounselingPre-Purchase Homebuyer Education Workshops