What HUD offices serve Millport, Alabama?
Public Housing Agencies operate federally assisted affordable housing programs at local levels on behalf of HUD. Notably, housing agencies are responsible for managing Section 8 Housing Choice Voucher, Public Housing, and Project-Based Voucher waiting lists within their jurisdiction.
Go to the Alabama Public Housing and Low-Income Apartments Waiting Lists page for openings near Millport.
How many renters live in Millport, Alabama?
The City of Millport has 1,288 people living in 424 households.
There are 253 renters living in 81 renter households in this City. Renters make up 19.64 percent of the population living in Millport.
What is the rental market like in Millport, Alabama?
There are an estimated 580 housing units in the Millport area. Of these, 142 units are rental homes, making up 24 percent of the housing market. For every renter household in Millport, Alabama, there are 2 rental units.
What is the vacancy rate for rentals in Millport?
The rental vacancy rate in Millport is 32 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 Millport for each bedroom size?
Occupied Rental Units by Size in Millport
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 14 | 2 | 17 | 22 | 26 |
Occupied Rental Units by Size in Millport
A large number of apartments in Millport 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 Millport are overburdened by housing costs?
Among renter households in this market, 20 percent have housing cost burden. Further, 4 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 Millport
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $716 to $1,283. FMRs are updated annually by HUD for every city and county nationwide.
| Bed Size | 2024 Fair Market Rents |
| Studio | $716 |
| One BR | $720 |
| Two BR | $857 |
| Three BR | $1,208 |
| Four BR | $1,283 |
2024 Fair Market Rents in Millport, Alabama
How many units are rented at Fair Market Rent (FMR) in Millport?
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 | 14 | 100 percent |
| One BR | 2 | 100 percent |
| Two BR | 3 | 18 percent |
Rental Units Below FMR in Millport, Alabama
How many affordable rental units are in Millport?
There are a variety of federal affordable housing programs serving households in Millport, Alabama including the following:
| Federal Program | Unit Count |
| Public Housing | 44 |
| USDA Section 515 Rural Rental Housing | 24 |
Tracked Units by Federal Program in Millport, Alabama
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in Millport, Alabama
Millport features 68 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 Millport, Alabama
There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Millport.
Housing Choice Vouchers in Millport, Alabama
On average, Section 8 Housing Choice vouchers pay Millport landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Millport.
The maximum amount a voucher would pay on behalf of a low-income tenant in Millport, Alabama for a two-bedroom apartment is between $771 and $943.
Sourced from federal housing data and AffordableHousingOnline.com research.