Affordable Housing In Collinsville
Cherokee County, Alabama

3 Low Income Apartment Communities In Collinsville

Mountain Oak Apartments

52 Mountain Valley Avenue
Collinsville, Alabama
Subsidized

Timber Ridge Apartments

96 Augusta St
Collinsville, Alabama
Subsidized

Collinsville Homes

18 Project Ln
Collinsville, Alabama
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Housing Authorities that serve Collinsville

Housing Authority Programs
Collinsville Housing Authority Public Housing

Guide To Affordable Housing in Collinsville, Alabama

There are 3 low income housing apartment communities offering 132 affordable apartments for rent in Collinsville, Alabama.

Income Based Apartments in Collinsville, Alabama

Collinsville features 132 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 Collinsville, Alabama

There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Collinsville.

Housing Choice Vouchers in Collinsville, Alabama

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Collinsville, Alabama for a two-bedroom apartment is between $571 and $697.

2021 Collinsville, 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
Collinsville, Alabama Fair Market Rent $479 $481 $634 $877 $880
Collinsville, Alabama Payment Standard Range $431 to $527 $433 to $529 $571 to $697 $789 to $965 $792 to $968

Sourced from federal housing data and AffordableHousingOnline.com research.

Collinsville, AL Affordable Housing Snapshot

Total Affordable Apartment Properties 3
Total Low Income Apartments 132
Total Housing Units with Rental Assistance 132
Percentage of Housing Units Occupied By Renters 44.48%
Average Renter Household Size 3.44
Average Household Size 3.44
Median Household Income $25,795 ±$10,085
Median Rent $430 ±$69
Percentage Of Renters Overburdened 27.64% ± 13.88pp
Total Population 2,104

Population and Household Demographics

Collinsville is a city in Cherokee County, Alabama with a population of 2,104. There are 553 households in the city with an average household size of 3.44 persons. 44.48% of households in Collinsville are renters.

Income and Rent Overburden in Collinsville

The median gross income for households in Collinsville is $25,795 a year, or $2,150 a month. The median rent for the city is $430 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Collinsville, a household making less than $1,433 a month would be considered overburdened when renting an apartment at or above the median rent. 27.64% of households who rent are overburdened in Collinsville.

Area Median Income In Collinsville

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

In Collinsville, HUD calculates the Area Median Income for a family of four as $54,800

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 Collinsville

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 Collinsville

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 Collinsville AMI may qualify for rental assistance programs that target Extremely Low Income households.
$12,880 $17,420 $21,960 $26,500 $29,800 $32,000 $34,200 $36,400
50% AMI Income Limits
Renters earning up to 50% of the Collinsville AMI may qualify for rental assistance programs that target Very Low Income households.
$19,300 $22,050 $24,800 $27,550 $29,800 $32,000 $34,200 $36,400
80% AMI Income Limits
Renters earning up to 80% of the Collinsville AMI may qualify for rental assistance programs that target Low Income households.
$30,900 $35,300 $39,700 $44,100 $47,650 $51,200 $54,700 $58,250