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

Discover affordable housing in Ragland 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.

Fox Run Apartments

124 Fox Run Dr, Ragland, Alabama 35131

Mcdonald Courts

705 4th Ave, Ragland, Alabama 35131

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Ragland, Alabama
$23.58/hour
$16.33 (+225%) more than Alabama minimum wage and $16.33 (+225%) more than the Federal minimum wage.
Learn More About Ragland, Alabama Affordable Housing ↓

What HUD offices serve Ragland, 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 Ragland, Alabama.

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

How many renters live in Ragland, Alabama?

The City of Ragland has 1,552 people living in 589 households.

There are 376 renters living in 171 renter households in this City. Renters make up 24.23 percent of the population living in Ragland.

What is the rental market like in Ragland, Alabama?

There are an estimated 762 housing units in the Ragland area. Of these, 171 units are rental homes, making up 22 percent of the housing market. For every renter household in Ragland, Alabama, there are 1 rental units.

What is the vacancy rate for rentals in Ragland?

The rental vacancy rate in Ragland is 0 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 Ragland for each bedroom size?

Occupied Rental Units by Size in Ragland
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
3 40 62 54 12
Occupied Rental Units by Size in Ragland

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

Among renter households in this market, 56 percent have housing cost burden. Further, 22 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 Ragland

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $1,051 to $2,114. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $1,051
One BR $1,056
Two BR $1,362
Three BR $1,670
Four BR $2,114
2024 Fair Market Rents in Ragland, Alabama

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

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 3 100 percent
One BR 40 100 percent
Two BR 56 90 percent
Rental Units Below FMR in Ragland, Alabama

How many affordable rental units are in Ragland?

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

Federal Program Unit Count
Low Income Housing Tax Credit 24
Public Housing 60
USDA Section 515 Rural Rental Housing 48
Tracked Units by Federal Program in Ragland, Alabama

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

Income Based Apartments in Ragland, Alabama

Ragland features 84 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 Ragland, Alabama

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

Housing Choice Vouchers in Ragland, Alabama

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Ragland, Alabama for a two-bedroom apartment is between $1,121 and $1,370.

Sourced from federal housing data and AffordableHousingOnline.com research.