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

Discover affordable housing in Moulton where there are 9+ 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.

Chickasaw Estates

234 Morgan St, Moulton, Alabama 35650

Moulton Village Apartments

3440 Byler Rd, Moulton, Alabama 35650

Moulton Manor

111 Tommie Dr, Moulton, Alabama 35650

Fieldstone Apartments

3050 Byler Rd, Moulton, Alabama 35650

Rosewood Manor Apartments

1111 Pickens St, Moulton, Alabama 35650

Alexander Terrace Apartments II

1155 Pickens St, Moulton, Alabama 35650

The Village

251 Hospital St, Moulton, Alabama 35650

Mcwhorter Apartments

103 Burch Blvd, Moulton, Alabama 35650

Rha Lcm

1470 County Road 176, Moulton, Alabama 35650

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Moulton, Alabama
$17.50/hour
$10.25 (+141%) more than Alabama minimum wage and $10.25 (+141%) more than the Federal minimum wage.
Learn More About Moulton, Alabama Affordable Housing ↓

What HUD offices serve Moulton, 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.

Operates the Public Housing programs for Moulton, Alabama.

Go to the Alabama Public Housing and Low-Income Apartments Waiting Lists page for openings near Moulton.

How many renters live in Moulton, Alabama?

The City of Moulton has 3,392 people living in 1,513 households.

There are 1,201 renters living in 618 renter households in this City. Renters make up 35.41 percent of the population living in Moulton.

What is the rental market like in Moulton, Alabama?

There are an estimated 1,782 housing units in the Moulton area. Of these, 670 units are rental homes, making up 38 percent of the housing market. For every renter household in Moulton, Alabama, there are 1 rental units.

What is the vacancy rate for rentals in Moulton?

The rental vacancy rate in Moulton is 5 percent. This is a lower than average vacancy rate. When rental vacancy rates are low there are fewer available units. Rents tend to be higher as more people compete for scarce housing.

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

Occupied Rental Units by Size in Moulton
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
33 137 321 102 25
Occupied Rental Units by Size in Moulton

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

Among renter households in this market, 37 percent have housing cost burden. Further, 26 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 Moulton

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $740 to $1,352. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $740
One BR $763
Two BR $924
Three BR $1,202
Four BR $1,352
2024 Fair Market Rents in Moulton, Alabama

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

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 33 100 percent
One BR 137 100 percent
Two BR 321 100 percent
Rental Units Below FMR in Moulton, Alabama

How many affordable rental units are in Moulton?

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

Federal Program Unit Count
Low Income Housing Tax Credit 161
Public Housing 58
Section 8 Project-Based Rental Assistance 45
Section 811 Supportive Housing for Persons with Disabilities 11
USDA Section 515 Rural Rental Housing 90
Tracked Units by Federal Program in Moulton, Alabama

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

Income Based Apartments in Moulton, Alabama

Moulton features 315 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 Moulton, Alabama

There are 92 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Moulton.

Housing Choice Vouchers in Moulton, Alabama

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Moulton, Alabama for a two-bedroom apartment is between $832 and $1,016.

Sourced from federal housing data and AffordableHousingOnline.com research.