About This Property
Lauderdale Homes comprises 110 four-bedroom units designated for low-income households in Ripley, Tennessee. The property, which entered service in 2004, is funded through 9% Low-Income Housing Tax Credits. All 110 units serve low-income residents.
Waitlist Information
Waitlist managed by Ripley Housing Authority
The Ripley Housing Authority is currently accepting Public Housing waiting list applications for families and senior/disabled individuals; preferences are given to elderly, disabled, or working families. Applications must be picked up and returned in-person or placed in the drop box at 101 Northcrest St., Ripley, TN 38063.
Eligibility is based on income (generally below 50% of Area Median Income), family size, and citizenship status.
Waitlist data provided by section8waitlist.org
Updated May 8, 2026
Property Details
Fair Market Rent - Lauderdale 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 | $651 |
| 1 Bedroom | $655 |
| 2 Bedroom | $861 |
| 3 Bedroom | $1,130 |
| 4 Bedroom | $1,376 |
Income Limits - Lauderdale County, TN
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $12,880
- Very Low (50%)
- $19,750
- Low (80%)
- $31,600
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $22,600
- Low (80%)
- $36,100
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $25,400
- Low (80%)
- $40,600
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $28,200
- Low (80%)
- $45,100
- Extremely Low (30%)
- $30,500
- Very Low (50%)
- $30,500
- Low (80%)
- $48,750
- Extremely Low (30%)
- $32,750
- Very Low (50%)
- $32,750
- Low (80%)
- $52,350
- Extremely Low (30%)
- $35,000
- Very Low (50%)
- $35,000
- Low (80%)
- $55,950
- Extremely Low (30%)
- $37,250
- Very Low (50%)
- $37,250
- Low (80%)
- $59,550
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $12,880 | $19,750 | $31,600 |
| 2 Persons | $17,420 | $22,600 | $36,100 |
| 3 Persons | $21,960 | $25,400 | $40,600 |
| 4 Persons | $26,500 | $28,200 | $45,100 |
| 5 Persons | $30,500 | $30,500 | $48,750 |
| 6 Persons | $32,750 | $32,750 | $52,350 |
| 7 Persons | $35,000 | $35,000 | $55,950 |
| 8 Persons | $37,250 | $37,250 | $59,550 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Ripley, TN?+
The Fair Market Rent (FMR) for Lauderdale County, TN is: $651 (Studio), $655 (1BR), $861 (2BR), $1130 (3BR), $1376 (4BR). Actual rent at subsidized properties like Lauderdale Homes is typically 30% of household income or less.
What size apartments are available at Lauderdale Homes?+
Lauderdale Homes offers the following unit types: 110 Four-Bedroom units, for a total of 110 units.
How do I apply for housing at Lauderdale Homes?+
Lauderdale Homes 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.
Is there a waitlist for Lauderdale Homes?+
Public Housing waitlist is currently Open. Section 8 (HCV) waitlist is currently Open. Waitlist status can change frequently, so check back regularly or contact the housing authority directly for the most up-to-date information.
What are the income limits for affordable housing in Lauderdale County, TN?+
For a 4-person household in Lauderdale County, TN, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $28,200, Low Income (80% AMI): $45,100. These limits are set by HUD and updated annually.
Who manages Lauderdale Homes?+
Lauderdale Homes is managed by . You can reach them at . Visit their website for more information.
Contact Information
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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