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

Discover affordable housing in Tallapoosa County where there are 17+ 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.

Pamela Manor

720 Pamela Dr, Alexander City, Alabama 35010

Heatherwood Apartments

1621 Heatherwood Dr, Alexander City, Alabama 35010

Bradberry Pointe

1056 Comer St, Alexander City, Alabama 35010

Cornerstone II

1702 Cornerstone Dr, Alexander City, Alabama 35010

Cornerstone I

1702 Cornerstone Dr, Alexander City, Alabama 35010

Hillabee Towers

803 Tallapoosa St, Alexander City, Alabama 35010

Hillcrest Apartments

985 E Lafayette St, Dadeville, Alabama 36853

Robinwood Apartments

175 Robinwood Dr, Alexander City, Alabama 35010

Whispering Pines Apartments

139 Royston St, Dadeville, Alabama 36853

Morningside Apartments

68 S Main St, Camp Hill, Alabama 36850

Mayberry Park

169 E Cass St, Dadeville, Alabama 36853

Alex City Parkway Apts

2148 Parkway Circle, Alexander City, Alabama

Alex City Villas

342 Villas Terrace, Alexander City, Alabama

Cornerstone Place

1655 Cornerstone Dr, Alexander City, Alabama 35010

Dadeville Ha

810 Freeman Dr, Dadeville, Alabama 36853

Laurel Jefferson

654 O St, Alexander City, Alabama 35010

Springhill Gunter

774 Celia Cir, Alexander City, Alabama 35010

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Tallapoosa County, Alabama
$17.37/hour
$10.12 (+140%) more than Alabama minimum wage and $10.12 (+140%) more than the Federal minimum wage.
Learn More About Tallapoosa County, Alabama Affordable Housing ↓

How many renters live in Tallapoosa County, Alabama?

The County of Tallapoosa County has 41,251 people living in 16,438 households.

There are 9,534 renters living in 4,029 renter households in this County. Renters make up 23.11 percent of the population living in Tallapoosa County.

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

There are an estimated 22,777 housing units in the Tallapoosa County area. Of these, 4,570 units are rental homes, making up 20 percent of the housing market. For every renter household in Tallapoosa County, Alabama, there are 1 rental units.

What is the vacancy rate for rentals in Tallapoosa County?

The rental vacancy rate in Tallapoosa 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 Tallapoosa County for each bedroom size?

Occupied Rental Units by Size in Tallapoosa County
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
109 499 1,366 1,666 200
Occupied Rental Units by Size in Tallapoosa County

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

Among renter households in this market, 30 percent have housing cost burden. Further, 15 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 Tallapoosa County

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $687 to $1,227. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $687
One BR $698
Two BR $917
Three BR $1,171
Four BR $1,227
2024 Fair Market Rents in Tallapoosa County, Alabama

How many units are rented at Fair Market Rent (FMR) in Tallapoosa 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 68 62 percent
One BR 395 79 percent
Two BR 987 72 percent
Rental Units Below FMR in Tallapoosa County, Alabama

How many affordable rental units are in Tallapoosa County?

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

Federal Program Unit Count
Low Income Housing Tax Credit 378
Public Housing 557
Section 8 Project-Based Rental Assistance 176
USDA Section 515 Rural Rental Housing 158
Tracked Units by Federal Program in Tallapoosa County, Alabama

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

Income Based Apartments in Tallapoosa County, Alabama

Tallapoosa County features 735 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 Tallapoosa County, Alabama

There are 410 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Tallapoosa County.

Housing Choice Vouchers in Tallapoosa County, Alabama

On average, Section 8 Housing Choice vouchers pay Tallapoosa County landlords $400 per month towards rent. The average voucher holder contributes $300 towards rent in Tallapoosa County.

The maximum amount a voucher would pay on behalf of a low-income tenant in Tallapoosa County, Alabama for a two-bedroom apartment is between $825 and $1,009.

Sourced from federal housing data and AffordableHousingOnline.com research.