Low Income Apartments and Affordable Housing For Rent in Clio, AL

Discover affordable housing in Clio where there are 2+ housing opportunities based on income and household needs like accessible units for seniors or persons with disabilities. Find and apply to these low income apartments now.

Oakhaven

3155 Louisville St, Clio, Alabama 36017

Clio Manor

20 Robinson Street - Office, Clio, Alabama 36017

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Clio, Alabama
$16.23/hour
$8.98 (+124%) more than Alabama minimum wage and $8.98 (+124%) more than the Federal minimum wage.
Learn More About Clio, Alabama Affordable Housing ↓

How many renters live in Clio, Alabama?

The City of Clio has 1,415 people living in 541 households.

There are 442 renters living in 262 renter households in this City. Renters make up 31.24 percent of the population living in Clio.

What is the rental market like in Clio, Alabama?

There are an estimated 687 housing units in the Clio area. Of these, 285 units are rental homes, making up 41 percent of the housing market. For every renter household in Clio, Alabama, there are 1 rental units.

What is the vacancy rate for rentals in Clio?

The rental vacancy rate in Clio is 8 percent. This is a higher than average vacancy rate. When rental vacancy rates are high it means that there are a lot of available units and rents tend to be lower.

How many rental units are in Clio for each bedroom size?

Occupied Rental Units by Size in Clio
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
0 57 131 59 15
Occupied Rental Units by Size in Clio

A large number of apartments in Clio have two or fewer bedrooms. Seniors and young professionals especially may have more success finding an apartment that meets their needs.

How many renter households in Clio are overburdened by housing costs?

Among renter households in this market, 42 percent have housing cost burden. Further, 19 percent of households are extremely rent overburdened. When renters pay too much for their housing, it leaves little money for other necessities like food, clothes, or medicine.

The federal government says that renters are cost-burdened if they pay more than a third of their monthly income for rent and utilities.

How Much Is Rent in Clio

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $652 to $1,141. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $652
One BR $656
Two BR $857
Three BR $1,089
Four BR $1,141
2024 Fair Market Rents in Clio, Alabama

How many units are rented at Fair Market Rent (FMR) in Clio?

Renters with a Section 8 Housing Choice Voucher must select a home that is at or below the area’s Fair Market Rent. Markets with a large share of units above FMR tend to have longer search times to find a qualified unit, while those with a large share of units below FMR tend to have more choices and shorter search times. The share below FMR can vary by size of unit, as shown in the table below.

These are the approximate number of units renting below the FMR in this market:

Unit Size Count of Units Below FMR Percentage of Total Units Below FMR
One BR 39 68 percent
Two BR 118 90 percent
Rental Units Below FMR in Clio, Alabama

How many affordable rental units are in Clio?

There are a variety of federal affordable housing programs serving households in Clio, Alabama including the following:

Federal Program Unit Count
Low Income Housing Tax Credit 39
Section 8 Project-Based Rental Assistance 6
USDA Section 515 Rural Rental Housing 83
Tracked Units by Federal Program in Clio, Alabama

Rental units may be funded in part by multiple federal programs.

Income Based Apartments in Clio, Alabama

Clio features 39 income based apartments. Tenants of income based apartments typically pay no more than 30% of their income towards rent and utilities.

Low Rent Apartments in Clio, Alabama

There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Clio.

Housing Choice Vouchers in Clio, Alabama

On average, Section 8 Housing Choice vouchers pay Clio landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Clio.

The maximum amount a voucher would pay on behalf of a low-income tenant in Clio, Alabama for a two-bedroom apartment is between $771 and $943.

Sourced from federal housing data and AffordableHousingOnline.com research.