Affordable Housing In Addison
Winston County, Alabama

Affordable Housing programs support 0 income based apartments in Addison where households pay rent based on how much they earn.

There are 12 affordable apartments in Addison that offer reduced rents to low-income households.

Waiting Lists in Addison, Alabama

There are no open Section 8 Housing Choice Voucher waiting lists in Addison. Go to the Alabama Section 8 Waiting Lists page for openings near Addison.

Cardinal Apartments

48 Westridge Dr
Addison, Alabama
Affordable
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Affordable Housing Near Addison

View affordable apartments and waiting lists in cities near Addison

City Apartments
Affordable Housing In Double Springs, AL Affordable Housing programs support 3 apartment communities in Double Springs.
Affordable Housing In Lynn, AL Affordable Housing programs support 1 apartment communities in Lynn.

Addison, Alabama Affordable Housing Data

Income Based Apartments in Addison, Alabama

Addison features 0 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 Addison, Alabama

There are 12 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Addison.

Housing Choice Vouchers in Addison, Alabama

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Addison, Alabama for a two-bedroom apartment is between $666 and $814.

2023 Addison, Alabama Fair Market Rents and Housing Choice Voucher Payment Standards

Fair Market Rents can be used to better understand the average housing costs of an area. Fair Market Rents are used by HUD to establish payment and rent standards for federal rental assistance programs like the Section 8 Housing Choice Voucher Program.

Studio One BR Two BR Three BR Four BR
Addison, Alabama Fair Market Rent $560 $562 $740 $1,014 $1,018
Addison, Alabama Payment Standard Range $504 to $616 $506 to $618 $666 to $814 $913 to $1,115 $916 to $1,120

Sourced from federal housing data and AffordableHousingOnline.com research.

Addison, AL Affordable Housing Snapshot

Total Affordable Apartment Properties 1
Total Low Income Apartments 12
Total Housing Units with Rental Assistance 0
Percentage of Housing Units Occupied By Renters 30.6%
Average Renter Household Size 1.96
Average Household Size 2.15
Median Household Income $37,083 ±$9,606
Median Rent $425 ±$397
Percentage Of Renters Overburdened 37.11% ± 27.13pp
Total Population 682

Population and Household Demographics

Addison is a city in Winston County, Alabama with a population of 682. There are 317 households in the city with an average household size of 2.15 persons. 30.6% of households in Addison are renters.

Income and Rent Overburden in Addison

The median gross income for households in Addison is $37,083 a year, or $3,090 a month. The median rent for the city is $425 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Addison, a household making less than $1,417 a month would be considered overburdened when renting an apartment at or above the median rent. 37.11% of households who rent are overburdened in Addison.

Area Median Income In Addison

Affordable housing program eligibility is always determined by one's income. Each household's income is compared to the incomes of all other households in the area. This is accomplished through a statistic established by the government called the Area Median Income, most often referred to as AMI. The AMI is calculated and published each year by HUD.

HUD often uses an area larger than a city to determine the AMI because HUD anticipates those searching for housing will look beyond individual cities during their housing search. For Addison, the AMI is calculated from all households within Winston County.

In Addison, HUD calculates the Area Median Income for a family of four as $53,200

Most affordable housing programs determine eligibility based on the percent of AMI a given household's income is. Among the programs that determine eligibility based on the AMI are Section 8, HOME, LIHTC, Section 515, 202 and 811.

Rental Assistance in Addison

Rental assistance is a type of housing subsidy that pays for a portion of a renter’s monthly housing costs, including rent and tenant paid utilities. This housing assistance can come in the form of Section 8 Housing Choice Vouchers, project-based Section 8 contracts, public housing, USDA Rental Assistance (in Section 515 properties) as well as HUD Section 202 and 811 properties for elderly and disabled households.

Income Qualifications for HUD Rental Assistance in Addison

1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% AMI Income Limits
Renters earning up to 30% of the Addison AMI may qualify for rental assistance programs that target Extremely Low Income households.
$13,590 $18,310 $23,030 $27,750 $32,470 $35,750 $38,200 $40,700
50% AMI Income Limits
Renters earning up to 50% of the Addison AMI may qualify for rental assistance programs that target Very Low Income households.
$21,600 $24,650 $27,750 $30,800 $33,300 $35,750 $38,200 $40,700
80% AMI Income Limits
Renters earning up to 80% of the Addison AMI may qualify for rental assistance programs that target Low Income households.
$34,550 $39,450 $44,400 $49,300 $53,250 $57,200 $61,150 $65,100