Affordable Housing In Cherokee
Colbert County, Alabama

1 Low Income Apartment Communities In Cherokee

Spring Creek Apartments

200 Johnson Dr
Cherokee, Alabama
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Guide To Affordable Housing in Cherokee, Alabama

There are 1 low income housing apartment communities offering 24 affordable apartments for rent in Cherokee, Alabama.

Income Based Apartments in Cherokee, Alabama

Cherokee 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 Cherokee, Alabama

There are 24 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Cherokee.

Housing Choice Vouchers in Cherokee, Alabama

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Cherokee, Alabama for a two-bedroom apartment is between $730 and $892.

2023 Cherokee, 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
Cherokee, Alabama Fair Market Rent $574 $617 $811 $1,000 $1,249
Cherokee, Alabama Payment Standard Range $517 to $631 $555 to $679 $730 to $892 $900 to $1,100 $1,124 to $1,374

Sourced from federal housing data and research.

Cherokee, AL Affordable Housing Snapshot

Total Affordable Apartment Properties 1
Total Low Income Apartments 24
Total Housing Units with Rental Assistance 0
Percentage of Housing Units Occupied By Renters 30.18%
Average Renter Household Size 2.46
Average Household Size 2.23
Median Household Income $28,359 ±$7,936
Median Rent $650 ±$117
Percentage Of Renters Overburdened 46.09% ± 25.57pp
Total Population 850

Population and Household Demographics

Cherokee is a city in Colbert County, Alabama with a population of 850. There are 381 households in the city with an average household size of 2.23 persons. 30.18% of households in Cherokee are renters.

Income and Rent Overburden in Cherokee

The median gross income for households in Cherokee is $28,359 a year, or $2,363 a month. The median rent for the city is $650 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Cherokee, a household making less than $2,167 a month would be considered overburdened when renting an apartment at or above the median rent. 46.09% of households who rent are overburdened in Cherokee.

Area Median Income In Cherokee

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 Cherokee, the AMI is calculated from all households within Colbert County.

In Cherokee, HUD calculates the Area Median Income for a family of four as $68,200

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 Cherokee

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 Cherokee

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 Cherokee AMI may qualify for rental assistance programs that target Extremely Low Income households.
$14,350 $18,310 $23,030 $27,750 $32,470 $37,190 $41,910 $45,050
50% AMI Income Limits
Renters earning up to 50% of the Cherokee AMI may qualify for rental assistance programs that target Very Low Income households.
$23,900 $27,300 $30,700 $34,100 $36,850 $39,600 $42,300 $45,050
80% AMI Income Limits
Renters earning up to 80% of the Cherokee AMI may qualify for rental assistance programs that target Low Income households.
$38,200 $43,650 $49,100 $54,550 $58,950 $63,300 $67,650 $72,050