About This Property
Cottonwood Apts comprises 68 low-income units in Covington, TN and has served families and disabled residents since 2002. The property offers a mix of floor plans with 20 one-bedroom, 26 two-bedroom, and 22 three-bedroom units. The community is managed and available for occupancy by qualified households.
Waitlist Information
Waitlist managed by Covington Housing Authority
The waitlist is currently closed. Selected applicants have been placed on the waiting list. The present average wait time is about two years but could be four years or longer. CHA strongly encourages Waiting List Applicants to look for other housing options.
The website mentions 'Housing Choice Vouchers (previously known as Section 8)'. An 'Important Notification for Applicants on CHA Wait List' was posted on Jan 17, 2023.
Waitlist data provided by section8waitlist.org
Updated May 8, 2026
Property Details
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 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Covington, TN?+
The Fair Market Rent (FMR) for Tipton County, TN is: $1031 (Studio), $1146 (1BR), $1298 (2BR), $1711 (3BR), $1995 (4BR). Actual rent at subsidized properties like Cottonwood Apts is typically 30% of household income or less.
What size apartments are available at Cottonwood Apts?+
Cottonwood Apts offers the following unit types: 20 One-Bedroom, 26 Two-Bedroom, 22 Three-Bedroom units, for a total of 68 units.
What is the price range for apartments in Covington, TN?+
Based on Fair Market Rent for Tipton County, the estimated price range is: 1-bedroom: $1146, 2-bedroom: $1298, 3-bedroom: $1711. Actual rent at Cottonwood Apts may be lower for income-eligible households.
Is there a waitlist for Cottonwood Apts?+
Public Housing waitlist is currently Closed. 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.
How do I apply for housing at Cottonwood Apts?+
Cottonwood 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 Cottonwood Apts?+
Cottonwood Apts is managed by . You can reach them at . Visit their website for more information.
Who is eligible to live at Cottonwood Apts?+
Cottonwood 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.
What are the income limits for affordable housing in Tipton County, TN?+
For a 4-person household in Tipton County, TN, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $34,350, Low Income (80% AMI): $54,950. These limits are set by HUD and updated annually.
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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