Cheatham County
Summary
20.9%
share of renter households
46.3%
share of low-income households
26.4%
share of rent-burdened households
Renter population data
Renters vs homeowners
| Households |
% share |
| Renter households |
3,217 (20.9%) |
| Homeowner households |
12,149 (79.1%) |
| Total households |
15,366 (100.0%) |
Low-income renter households
| Renter households by income group |
Households |
% share |
| Extremely low-income (≤30% AMI) |
598 |
18.6% |
| Very low-income (31-50% AMI) |
462 |
14.4% |
| Low-income (51-80% AMI) |
430 |
13.4% |
| All low-income households (<80% AMI) |
1,490 |
46.3% |
Rent-burdened households
| Share of income spent on rent |
Households |
% share |
| Moderately rent-burdened |
509 |
15.8% |
| 30.0–34.9% |
160 |
5.0% |
| 35.0–39.9% |
122 |
3.8% |
| 40.0-49.9% |
227 |
7.1% |
| Severely rent-burdened |
341 |
10.6% |
| ≥50.0% |
341 |
10.6% |
| All rent-burdened households |
850 |
26.4% |
Affordable housing shortage
Rent vs median household income
| Median household income |
Amount ($) |
|
| in 2010 |
27,257 |
| in 2021 |
51,490 |
| Increase (2010–2021) |
88.9% |
Median rent
| Median rent |
Amount ($) |
|
| in 2010 |
441 |
| in 2021 |
827 |
| Increase (2010–2021) |
87.5% |
Affordable housing stock
Supply, demand & shortage
| Units |
Supply (current stock) |
Demand (total units needed) |
Shortage |
|
4,089 |
864 |
-1,784 |
Supply/Demand Ratio
-1,784
473.3%
supply/demand ratio
LIHTC Properties
| Name |
Type |
Year |
Zipcode |
Low-income |
Market Rate |
LIHTC allocation |
| HIGHBRIDGE OVERLOOK |
New construction |
2014 |
N/A |
60% AMI |
154 |
$1,804,887 |
| IRVINGTON FAMILY APTS |
New construction |
2007 |
N/A |
60% AMI |
99 |
$1,378,252 |
| HILLTOP VILLAGE |
New construction - Acquisition and Rehab |
2012 |
N/A |
60% AMI |
200 |
$504,385 |
| HUNTINGTON RESERVE |
NA |
2006 |
N/A |
60% AMI |
168 |
$424,046 |
| HOLT + HAMILTON FAMILY APARTMENTS |
New construction |
2016 |
N/A |
60% AMI |
61 |
$1,557,010 |
| INTERVALE GARDENS LLC |
New construction |
2008 |
N/A |
60% AMI |
65 |
$659,087 |
| HOMES OF RENAISSANCE PRESERVE II |
New construction |
2012 |
N/A |
60% AMI |
88 |
$1,510,000 |
| JEFFERSON BOULEVARD & FIFTH AVENUE APTS |
New construction |
2013 |
N/A |
60% AMI |
39 |
$674,261 |
| IMPERIAL GARDENS FAMILY APTS |
New construction |
2009 |
N/A |
60% AMI |
76 |
$1,142,750 |
| HOLLY HEIGHTS I + II APARTMENTS |
Acquisition and Rehab |
2016 |
N/A |
60% AMI |
41 |
$435,816 |
HousingCount
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