Low Income Apartments and Affordable Housing For Rent in Colbert County, AL

Discover affordable housing in Colbert County where there are 15+ housing opportunities based on income and household needs like accessible units for seniors or persons with disabilities. Find and apply to these low income apartments now.

Keller Court Apartments

901 Keller Ln, Tuscumbia, Alabama 35674

Magnolia Village Apartments

2355 W Silver Hill Ln, Lecanto, Florida 34461

Ivy Pointe II Apartments

400 John Aldridge Dr, Tuscumbia, Alabama 35674

Leighton Manor

1840 Church St, Leighton, Alabama 35646

Leighton Village

8025 Old Hwy 20, Leighton, Alabama 35646

Spring Creek Apartments

200 Johnson Dr, Cherokee, Alabama 35616

Avalon Park Apartments

1901 Sheffield Ave, Muscle Shoals, Alabama 35661

Oak Terrace

705 Shoemaker Dr, Tuscumbia, Alabama 35674

Timberline Apartments

108 Timberline St, Tuscumbia, Alabama 35674

Spring Creek Apartments

1200 Avenue a, Tuscumbia, Alabama 35674

Archer Village

2403 E 13th Ave, Sheffield, Alabama 35660

Long Lowe

804 E 15 1/2 St, Sheffield, Alabama 35660

Manning

2102 W 17th St, Sheffield, Alabama 35660

Gary Courts

101 Davis Ct, Tuscumbia, Alabama 35674

Riverview Apartments

River Rd, Sheffield, Alabama 35660

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Colbert County, Alabama
$17.80/hour
$10.55 (+146%) more than Alabama minimum wage and $10.55 (+146%) more than the Federal minimum wage.
Learn More About Colbert County, Alabama Affordable Housing ↓

How many renters live in Colbert County, Alabama?

The County of Colbert County has 57,270 people living in 23,266 households.

There are 14,757 renters living in 6,746 renter households in this County. Renters make up 25.77 percent of the population living in Colbert County.

What is the rental market like in Colbert County, Alabama?

There are an estimated 27,709 housing units in the Colbert County area. Of these, 7,214 units are rental homes, making up 26 percent of the housing market. For every renter household in Colbert County, Alabama, there are 1 rental units.

What is the vacancy rate for rentals in Colbert County?

The rental vacancy rate in Colbert County is 5 percent. This is a lower than average vacancy rate. When rental vacancy rates are low there are fewer available units. Rents tend to be higher as more people compete for scarce housing.

How many rental units are in Colbert County for each bedroom size?

Occupied Rental Units by Size in Colbert County
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
177 1,051 2,749 2,487 263
Occupied Rental Units by Size in Colbert County

A large number of apartments in Colbert County have two or fewer bedrooms. Seniors and young professionals especially may have more success finding an apartment that meets their needs.

How many renter households in Colbert County are overburdened by housing costs?

Among renter households in this market, 38 percent have housing cost burden. Further, 17 percent of households are extremely rent overburdened. When renters pay too much for their housing, it leaves little money for other necessities like food, clothes, or medicine.

The federal government says that renters are cost-burdened if they pay more than a third of their monthly income for rent and utilities.

How Much Is Rent in Colbert County

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $664 to $1,425. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $664
One BR $720
Two BR $940
Three BR $1,157
Four BR $1,425
2024 Fair Market Rents in Colbert County, Alabama

How many units are rented at Fair Market Rent (FMR) in Colbert County?

Renters with a Section 8 Housing Choice Voucher must select a home that is at or below the area’s Fair Market Rent. Markets with a large share of units above FMR tend to have longer search times to find a qualified unit, while those with a large share of units below FMR tend to have more choices and shorter search times. The share below FMR can vary by size of unit, as shown in the table below.

These are the approximate number of units renting below the FMR in this market:

Unit Size Count of Units Below FMR Percentage of Total Units Below FMR
Studio 120 68 percent
One BR 577 55 percent
Two BR 1,893 69 percent
Rental Units Below FMR in Colbert County, Alabama

How many affordable rental units are in Colbert County?

There are a variety of federal affordable housing programs serving households in Colbert County, Alabama including the following:

Federal Program Unit Count
Low Income Housing Tax Credit 433
Public Housing 644
Section 8 Project-Based Rental Assistance 226
Section 811 Supportive Housing for Persons with Disabilities 14
USDA Section 515 Rural Rental Housing 56
Tracked Units by Federal Program in Colbert County, Alabama

Rental units may be funded in part by multiple federal programs.

Income Based Apartments in Colbert County, Alabama

Colbert County features 928 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 151 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 $846 and $1,034.

Sourced from federal housing data and AffordableHousingOnline.com research.