Builders Patch | HousingCount Rutherford County affordable housing data.
Rutherford County
Summary
28.1% share of renter households
45.9% share of low-income households
42.9% share of rent-burdened households
Renter population data
| Type |
Households |
% share |
| Renter households |
7,280 |
28.1% |
| Homeowner households |
18,645 |
71.9% |
| Total households |
25,925 |
100.0% |
Low-income renter households
| Income Group (AMI) |
Households |
% share |
| Extremely low-income |
≤30% |
887 |
| Very low-income |
31-50% |
926 |
| Low-income |
51-80% |
1,525 |
| All low-income households |
<80% |
3,338 |
Rent-burdened households
| Share of Income Spent on Rent |
Households |
% share |
| Moderately rent-burdened |
1,277 |
17.5% |
| 30.0–34.9% |
410 |
5.6% |
| 35.0–39.9% |
441 |
6.1% |
| 40.0-49.9% |
426 |
5.9% |
| Severely rent-burdened |
1,845 |
25.3% |
| ≥50.0% |
1,845 |
25.3% |
| All rent-burdened households |
3,122 |
42.9% |
Affordable housing shortage
| Category |
Amount ($) |
Year |
| Median household income |
19,541 |
2010 |
| Median household income |
26,461 |
2021 |
| Increase (2010–2021) |
35.4% |
- |
| Median rent |
353 |
2010 |
| Median rent |
509 |
2021 |
| Increase (2010–2021) |
44.2% |
- |
| Supply (current stock) |
374 |
- |
| Demand (total units needed) |
1,594 |
- |
| Shortage |
1,295 |
- |
| Total shortage |
1,295 |
23.5% |
| Supply/demand ratio |
- |
- |
HUD National Low Income Housing Tax Credit (LIHTC) Database
| Name |
Type |
Year |
Zipcode |
Number of units |
Income ceiling |
LIHTC allocation |
Amount |
| HIGHBRIDGE OVERLOOK |
New construction |
2014 |
N/A |
60% AMI |
N/A |
$1,804,887 |
|
| IRVINGTON FAMILY APTS |
New construction |
2007 |
N/A |
60% AMI |
N/A |
$1,378,252 |
|
| HILLTOP VILLAGE |
New construction - Acquisition and Rehab |
2012 |
N/A |
60% AMI |
N/A |
$504,385 |
|
| HUNTINGTON RESERVE |
N/A |
2006 |
N/A |
60% AMI |
N/A |
$424,046 |
|
| HOLT + HAMILTON FAMILY APARTMENTS |
New construction |
2016 |
N/A |
60% AMI |
N/A |
$1,557,010 |
|
| INTERVALE GARDENS LLC |
New construction |
2008 |
N/A |
60% AMI |
N/A |
$659,087 |
|
| HOMES OF RENAISSANCE PRESERVE II |
New construction |
2012 |
N/A |
60% AMI |
N/A |
$1,510,000 |
|