Low Income Apartments and Affordable Housing For Rent in Fayette County, AL

Discover affordable housing in Fayette County where there are 16+ 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.

Crestwood Manor Apartments

1135 County Highway 14, Winfield, Alabama 35594

Mayfair Manor Apartments

705 7th St NE, Fayette, Alabama 35555

Shadowood Apartments

276 Regal St, Winfield, Alabama 35594

Brookside Village Apartments

1640 2nd Ave NE, Fayette, Alabama 35555

Terrace Park Apartments

744 6th St SW, Fayette, Alabama 35555

Valley Cove Apartments

840 5th Ave NE, Fayette, Alabama 35555

Spring Hills Homes

5980 Hwy L59, Fayette, Alabama 35555

Springhill Apartments

115 Springhill Dr, Berry, Alabama 35546

Bankhead Court Apartments

2705 US Highway 43, Winfield, Alabama 35594

East Side Apartments

820 5th Ave NE, Fayette, Alabama 35555

Berry Manor

285 Mf Cannon St, Berry, Alabama 35546

Johnston Place

416 16th St NE, Fayette, Alabama 35555

Yester Oak Apts

612 7th Street, N.E., Fayette, Alabama

Fayette Ha

341 6th St SW, Fayette, Alabama 35555

Berry Ha

10 Hud Dr, Berry, Alabama 35546

North Westwood Hghts

640 Westwood Hts, Winfield, Alabama 35594

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Fayette County, 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 Fayette County, Alabama Affordable Housing ↓

How many renters live in Fayette County, Alabama?

The County of Fayette County has 16,297 people living in 6,143 households.

There are 4,195 renters living in 1,484 renter households in this County. Renters make up 25.74 percent of the population living in Fayette County.

What is the rental market like in Fayette County, Alabama?

There are an estimated 7,816 housing units in the Fayette County area. Of these, 1,670 units are rental homes, making up 21 percent of the housing market. For every renter household in Fayette County, Alabama, there are 1 rental units.

What is the vacancy rate for rentals in Fayette County?

The rental vacancy rate in Fayette County is 11 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 Fayette County for each bedroom size?

Occupied Rental Units by Size in Fayette County
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
53 239 511 588 75
Occupied Rental Units by Size in Fayette County

A large number of apartments in Fayette County 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 Fayette County are overburdened by housing costs?

Among renter households in this market, 38 percent have housing cost burden. Further, 21 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 Fayette County

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $642 to $1,283. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $642
One BR $763
Two BR $857
Three BR $1,147
Four BR $1,283
2024 Fair Market Rents in Fayette County, Alabama

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

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
Studio 0 100 percent
One BR 216 90 percent
Two BR 394 77 percent
Rental Units Below FMR in Fayette County, Alabama

How many affordable rental units are in Fayette County?

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

Federal Program Unit Count
Low Income Housing Tax Credit 179
Public Housing 211
Section 8 Project-Based Rental Assistance 71
Section 811 Supportive Housing for Persons with Disabilities 28
USDA Section 515 Rural Rental Housing 225
Tracked Units by Federal Program in Fayette County, Alabama

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

Income Based Apartments in Fayette County, Alabama

Fayette County features 717 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 Fayette County, Alabama

There are 124 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Fayette County.

Housing Choice Vouchers in Fayette County, Alabama

On average, Section 8 Housing Choice vouchers pay Fayette County landlords $400 per month towards rent. The average voucher holder contributes $200 towards rent in Fayette County.

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

Sourced from federal housing data and AffordableHousingOnline.com research.