; Low Income Apartments For Rent in Albertville, AL

Apply to Albertville Apartment Waiting Lists

The Colony Apartments

2020 Alabama Hwy 205 N
Albertville, Alabama
Rent Assisted

Emerald Court

1105 Head St
Albertville, Alabama
Rent Assisted

Brookwood Park

912 W Main St
Albertville, Alabama

Willow Creek Apartments

1000 Baltimore Ave
Albertville, Alabama
Rent Assisted


67 Ashbrook Ln
Albertville, Alabama
Rent Assisted

Angela Meadows

2940 George Wallace Dr
Albertville, Alabama
Rent Assisted

Cryar Homes

209 S Cahill Rd
Albertville, Alabama
Rent Assisted


711 S Broad St
Albertville, Alabama
Public Housing

Cloverset Place

S Miler St
Albertville, Alabama
Rent Assisted
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There are 256 low-income apartments in Albertville that offer reduced rents to eligible households.

Rental assistance programs support 355 low-income homes in Albertville where households pay rent based on how much they earn. For 2023, elgible households participating in federally assisted housing pay an average of $275 towards rent each month.

Affordable rent data for some communities last confirmed on January 3rd, 2023. Subdsidized rents typically change once a year based on federal guidance.

Public Housing Agencies Serving Albertville, 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.

Housing Authority Programs
Albertville Housing Authority Section 8 Housing Choice Voucher (HCV); Public Housing
Arab Housing Authority Section 8 Housing Choice Voucher (HCV); Public Housing
Go to the Alabama Public Housing and Low-Income Apartments Waiting Lists page for openings near Albertville.

Albertville, Alabama Affordable Housing Data

Income Based Apartments in Albertville, Alabama

Albertville features 355 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 Albertville, Alabama

There are 256 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Albertville.

Housing Choice Vouchers in Albertville, Alabama

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

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

2023 Albertville, 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
Albertville, Alabama Fair Market Rent $565 $569 $740 $990 $994
Albertville, Alabama Payment Standard Range $509 to $622 $512 to $626 $666 to $814 $891 to $1,089 $895 to $1,093

Sourced from federal housing data and AffordableHousingOnline.com research.

Albertville, AL Affordable Housing Snapshot

Total Affordable Apartment Properties 9
Total Low Income Apartments 611
Total Housing Units with Rental Assistance 355
Percentage of Housing Units Occupied By Renters 38.07%
Average Renter Household Size 3.03
Average Household Size 2.89
Median Household Income $32,911 ±$6,584
Median Rent $585 ±$19
Percentage Of Renters Overburdened 42.63% ± 8.06pp
Total Population 21,406

Population and Household Demographics

Albertville is a city in Marshall County, Alabama with a population of 21,406. There are 7,307 households in the city with an average household size of 2.89 persons. 38.07% of households in Albertville are renters.

Income and Rent Overburden in Albertville

The median gross income for households in Albertville is $32,911 a year, or $2,743 a month. The median rent for the city is $585 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Albertville, a household making less than $1,950 a month would be considered overburdened when renting an apartment at or above the median rent. 42.63% of households who rent are overburdened in Albertville.

Area Median Income In Albertville

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 Albertville, the AMI is calculated from all households within Marshall County.

In Albertville, HUD calculates the Area Median Income for a family of four as $70,500

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 Albertville

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 Albertville

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 Albertville AMI may qualify for rental assistance programs that target Extremely Low Income households.
$14,580 $19,720 $24,860 $30,000 $35,140 $38,950 $41,650 $44,300
50% AMI Income Limits
Renters earning up to 50% of the Albertville AMI may qualify for rental assistance programs that target Very Low Income households.
$23,500 $26,850 $30,200 $33,550 $36,250 $38,950 $41,650 $44,300
80% AMI Income Limits
Renters earning up to 80% of the Albertville AMI may qualify for rental assistance programs that target Low Income households.
$37,600 $43,000 $48,350 $53,700 $58,000 $62,300 $66,600 $70,900