What HUD offices serve Elba, Alabama?
Public Housing Agencies operate federally assisted affordable housing programs at local levels on behalf of HUD. Notably, housing agencies are responsible for managing Section 8 Housing Choice Voucher, Public Housing, and Project-Based Voucher waiting lists within their jurisdiction.
Go to the Alabama Public Housing and Low-Income Apartments Waiting Lists page for openings near Elba.
How many renters live in Elba, Alabama?
The City of Elba has people living in households.
There are renters living in renter households in this City. Renters make up 21.48 percent of the population living in Elba.
What is the rental market like in Elba, Alabama?
There are an estimated housing units in the Elba area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Elba, Alabama, there are 1.28 rental units.
What is the vacancy rate for rentals in Elba?
The rental vacancy rate in Elba is 22 percent. This is a higher than average vacancy rate. When rental vacancy rates are high it means that there are a lot of available units and rents tend to be lower.
How many rental units are in Elba for each bedroom size?
Occupied Rental Units by Size in Elba
Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
---|---|---|---|---|
0 | 12 | 89 | 184 | 18 |
Occupied Rental Units by Size in Elba
A large number of apartments in Elba have two or fewer bedrooms. Seniors and young professionals especially may have more success finding an apartment that meets their needs.
How Much Is Rent in Elba
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $713 to $1,472. FMRs are updated annually by HUD for every city and county nationwide.
Bed Size | 2024 Fair Market Rents |
Studio | $713 |
One BR | $725 |
Two BR | $952 |
Three BR | $1,342 |
Four BR | $1,472 |
2024 Fair Market Rents in Elba, Alabama
How many units are rented at Fair Market Rent (FMR) in Elba?
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 |
One BR | 11 | 92 percent |
Two BR | 86 | 97 percent |
Rental Units Below FMR in Elba, Alabama
How many affordable rental units are in Elba?
There are a variety of federal affordable housing programs serving households in Elba, Alabama including the following:
Federal Program | Unit Count |
Public Housing | |
Section 8 Project-Based Rental Assistance | |
USDA Section 515 Rural Rental Housing |
Tracked Units by Federal Program in Elba, Alabama
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in Elba, Alabama
Elba features 176 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 Elba, Alabama
There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Elba.
Housing Choice Vouchers in Elba, Alabama
On average, Section 8 Housing Choice vouchers pay Elba landlords $400 per month towards rent. The average voucher holder contributes $300 towards rent in Elba.
The maximum amount a voucher would pay on behalf of a low-income tenant in Elba, Alabama for a two-bedroom apartment is between $857 and $1,047.
Sourced from federal housing data and AffordableHousingOnline.com research.