Affordable Housing In Bullock County
8 Low Income Apartment Communities In Bullock County
Guide To Affordable Housing in Bullock County, Alabama
There are 8 low income housing apartment communities offering 374 affordable apartments for rent in Bullock County, Alabama.
Income Based Apartments in Bullock County, Alabama
Bullock County features 260 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 Bullock County, Alabama
There are 114 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Bullock County.
Housing Choice Vouchers in Bullock County, Alabama
On average, Section 8 Housing Choice vouchers pay Bullock County landlords $500 per month towards rent. The average voucher holder contributes $300 towards rent in Bullock County.
The maximum amount a voucher would pay on behalf of a low-income tenant in Bullock County, Alabama for a two-bedroom apartment is between $635 and $776.
2021 Bullock County, 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|
|Bullock County, Alabama Fair Market Rent||$532||$549||$705||$877||$1,034|
|Bullock County, Alabama Payment Standard Range||$479 to $585||$494 to $604||$635 to $776||$789 to $965||$931 to $1,137|
Sourced from federal housing data and AffordableHousingOnline.com research.
Bullock County, AL Affordable Housing Snapshot
|Total Affordable Apartment Properties||8|
|Total Low Income Apartments||374|
|Total Housing Units with Rental Assistance||260|
|Percentage of Housing Units Occupied By Renters||29.16%|
|Average Renter Household Size||2.96|
|Average Household Size||2.73|
|Median Household Income||$31,938 ±$5,884|
|Median Rent||$570 ±$76|
|Percentage Of Renters Overburdened||38.36% ± 12.95pp|
Population and Household Demographics
Bullock County is a county in Alabama with a population of 10,678. There are 3,683 households in the county with an average household size of 2.73 persons. 29.16% of households in Bullock County are renters.
Income and Rent Overburden in Bullock County
The median gross income for households in Bullock County is $31,938 a year, or $2,662 a month. The median rent for the county is $570 a month.
Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Bullock County, a household making less than $1,900 a month would be considered overburdened when renting an apartment at or above the median rent. 38.36% of households who rent are overburdened in Bullock County.
Area Median Income In Bullock County
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.
In Bullock County, HUD calculates the Area Median Income for a family of four as $44,500
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 Bullock County
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 Bullock County
|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 Bullock County AMI may qualify for rental assistance programs that target Extremely Low Income households.
|50% AMI Income Limits
Renters earning up to 50% of the Bullock County AMI may qualify for rental assistance programs that target Very Low Income households.
|80% AMI Income Limits
Renters earning up to 80% of the Bullock County AMI may qualify for rental assistance programs that target Low Income households.