Builders Patch | HousingCount Overton County affordable housing data.

Overton County

Summary

20.7% share of renter households
45.6% share of low-income households
30.9% share of rent-burdened households

Renter population data

Renters vs homeowners

Households % share
Renter households 1,806
Homeowner households 6,925
Total households 8,731

Low-income renter households

Households % share
Extremely low-income ≤30% AMI
Very low-income 31-50% AMI
Low-income 51-80% AMI
All low-income households <80% AMI

Rent-burdened households

Share of income spent on rent Households % share
Moderately rent-burdened 323 17.9%
30.0–34.9% 84 4.7%
35.0–39.9% 109 6.0%
40.0-49.9% 130 7.2%
Severely rent-burdened 235 13.0%
All rent-burdened households 558 30.9%

Affordable housing shortage

Rent vs median household income

Year Amount ($)
2010 20,169
2021 27,901

Median rent

Year Amount ($)
2010 358
2021 412

Affordable housing stock

Units Supply (current stock) Demand (total units needed) Shortage
664 499 63

HUD National Low Income Housing Tax Credit (LIHTC) Database

Name Type Year Zipcode Market Rate Low-income LIHTC allocation
HIGHBRIDGE OVERLOOK New construction 2014 N/A N/A 154 $1,804,887
IRVINGTON FAMILY APTS New construction 2007 N/A N/A 99 $1,378,252
HILLTOP VILLAGE New construction - Acquisition and Rehab 2012 N/A N/A 200 $504,385
HUNTINGTON RESERVE NA 2006 N/A N/A 168 $424,046
HOLT + HAMILTON FAMILY APARTMENTS New construction 2016 N/A N/A 61 $1,557,010
INTERVALE GARDENS LLC New construction 2008 N/A N/A 65 $659,087
HOMES OF RENAISSANCE PRESERVE II New construction 2012 N/A N/A 88 $1,510,000
JEFFERSON BOULEVARD & FIFTH AVENUE APTS New construction 2013 N/A N/A 39 $674,261
IMPERIAL GARDENS FAMILY APTS New construction 2009 N/A N/A 76 $1,142,750
HOLLY HEIGHTS I + II APARTMENTS Acquisition and Rehab 2016 N/A N/A 41 $435,816

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