Affordable Housing In Colbert County

15 Low Income Apartment Communities In Colbert County

Keller Court Apartments

901 Keller Ln
Tuscumbia, Alabama
Call For Rent
1-3 BR

Magnolia Village Apartments

2355 W Silver Hill Ln
Lecanto, Florida
Call For Rent
3 BR

Ivy Pointe II Apartments

400 John Aldridge Dr
Tuscumbia, Alabama

Avalon Park Apartments

1901 Sheffield Ave
Muscle Shoals, Alabama

Oak Terrace

705 Shoemaker Dr
Tuscumbia, Alabama
Disabled Supportive Housing

Spring Creek Apartments

200 Johnson Dr
Cherokee, Alabama

Leighton Village

8025 Old Hwy 20
Leighton, Alabama

Leighton Manor

1840 Church St
Leighton, Alabama

Spring Creek Apartments

1200 Avenue a
Tuscumbia, Alabama

Riverview Apartments

River Rd
Sheffield, Alabama

Guide To Affordable Housing in Colbert County, Alabama

There are 15 low income housing apartment communities offering 1,107 affordable apartments for rent in Colbert County, Alabama.

Income Based Apartments in Colbert County, Alabama

Colbert County features 924 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 Colbert County, Alabama

There are 183 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Colbert County.

Housing Choice Vouchers in Colbert County, Alabama

On average, Section 8 Housing Choice vouchers pay Colbert County landlords $500 per month towards rent. The average voucher holder contributes $300 towards rent in Colbert County.

The maximum amount a voucher would pay on behalf of a low-income tenant in Colbert County, Alabama for a two-bedroom apartment is between $676 and $826.

2022 Colbert 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
Colbert County, Alabama Fair Market Rent $525 $575 $751 $935 $1,173
Colbert County, Alabama Payment Standard Range $473 to $578 $518 to $633 $676 to $826 $842 to $1,029 $1,056 to $1,290

Sourced from federal housing data and research.

Colbert County, AL Affordable Housing Snapshot

Total Affordable Apartment Properties 15
Total Low Income Apartments 1,107
Total Housing Units with Rental Assistance 924
Percentage of Housing Units Occupied By Renters 28.69%
Average Renter Household Size 2.43
Average Household Size 2.43
Median Household Income $40,576 ±$2,536
Median Rent $632 ±$27
Percentage Of Renters Overburdened 43.57% ± 4.82pp
Total Population 54,444

Population and Household Demographics

Colbert County is a county in Alabama with a population of 54,444. There are 22,204 households in the county with an average household size of 2.43 persons. 28.69% of households in Colbert County are renters.

Income and Rent Overburden in Colbert County

The median gross income for households in Colbert County is $40,576 a year, or $3,381 a month. The median rent for the county is $632 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Colbert County, a household making less than $2,107 a month would be considered overburdened when renting an apartment at or above the median rent. 43.57% of households who rent are overburdened in Colbert County.

Area Median Income In Colbert 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 Colbert County, 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 Colbert 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 Colbert 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 Colbert County 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 Colbert County 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 Colbert County 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

Cities In Colbert County

Select A City to View its Apartment Communities and Waiting Lists.

City Served By
Muscle Shoals
Sheffield The HUD funded Public Housing Agency that serves Sheffield is the Sheffield Housing Authority.
Tuscumbia The HUD funded Public Housing Agency that serves Tuscumbia is the Housing Authority of the City of Tuscumbia.