StayRentalsStayRentals

Affordable apartments in Franklin, Tennessee

4 income-restricted buildings tracked here, drawn from HUD's LIHTC, Section 8, Section 202, and Section 811 datasets. Map, eligibility tiers, and Fair Market Rent below.

3 lihtc1 section 8

Buildings

REDDICK STREET APARTMENTS

LIHTC
157 STRAHL STREET, FRANKLIN, TN, 37064
Income-restricted units
65 of 65
Year placed in service
2016
Bedroom mix
6 1BR · 39 2BR · 18 3BR · 2 4+BR

Estimated total housing cost: $2,150 rent + $161 utilities = $2,311/mo

Contact property management for current availability. Waitlists may apply.

PARK PLACE APTS (JOHNSON CITY)

LIHTC
1319 BELL B 3, FRANKLIN, TN
Income-restricted units
64 of 64
Year placed in service
2001
Bedroom mix
16 2BR · 32 3BR · 16 4+BR

Estimated total housing cost: $2,150 rent + $161 utilities = $2,311/mo

Contact property management for current availability. Waitlists may apply.

HARPETH HILLS APARTMENTS

Section 8
300 SYCAMORE LN, Franklin, TN, 37064
Income-restricted units
50 of 51
Year placed in service
Not reported

Estimated total housing cost: $2,150 rent + $161 utilities = $2,311/mo

Contact property management for current availability. Waitlists may apply.

SENIOR RESIDENCE AT REDDICK STREET

LIHTC
145 STRAHL ST, FRANKLIN, TN, 37064
Income-restricted units
48 of 48
Year placed in service
2013
Bedroom mix
44 1BR · 4 2BR

Estimated total housing cost: $2,150 rent + $161 utilities = $2,311/mo

Contact property management for current availability. Waitlists may apply.

Map

Each pin is one income-restricted building. Color-coded by program. Click a pin for details.

Loading map…

Energy costs in Tennessee

Residential electricity in Tennessee runs about 13.31¢/kWh, with a typical monthly residential electric bill near $161. Natural gas runs about $16.10/Mcf. Add this to rent when you compare buildings; it can shift total monthly housing cost by 10–20%.

Source: U.S. Energy Information Administration, retail-sales (electricity) and natural gas residential pricing series, 12-month rolling average.

Check your affordability tier

Enter your annual household income, household size, and zip code. We’ll show which HUD AMI tier you qualify for and what Fair Market Rent looks like in your area.

Fair Market Rent for 37064

Zip-level (SAFMR)
BedroomsLocal FMRNational median
Studio$1,870n/a
1 bedroom$1,960n/a
2 bedroom$2,150$1,502
3 bedroom$2,750n/a
4 bedroom$3,350n/a

Fair Market Rent is HUD’s annual benchmark for the cost of rental housing in a given area. Source label: hud_safmr.

HUD income limits : Williamson County, TN

Nashville-Davidson--Murfreesboro--Franklin, TN. FY2025. Area median income: $114,800.

Household size30% AMI50% AMI80% AMI
1 person$24,150$40,200$64,300
2 people$27,600$45,950$73,500
3 people$31,050$51,700$82,700
4 people$34,450$57,400$91,850
5 people$37,650$62,000$99,200
6 people$43,150$66,600$106,550
7 people$48,650$71,200$113,900
8 people$54,150$75,800$121,250

HUD calculates income limits per household size relative to the area’s median family income. Properties may serve renters in any combination of these tiers; eligibility is determined per program.

Affordable rentals in nearby Tennessee cities

See all affordable-rental cities in Tennessee

About this listing. Buildings shown serve income-restricted households across HUD program tiers. We do not show vacancy or pricing for individual units. Always contact the property directly for current availability; many income-restricted buildings maintain waitlists measured in months or years.

See also: Franklin cost-of-living and Fair Market Rent overview