Low Income Apartments and Affordable Housing For Rent in Elba, AL

Discover affordable housing in Elba where there are 4+ 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.

Beaver Dam Apartments

100 Beaver Dam St, Elba, Alabama 36323

payment Subsidized

14621 US-84

14621 US-84, Elba, Alabama 36323

bed 2
payment $615/mo.

Elba Villas

1584 Caroline St, Elba, Alabama

switch_access_shortcut Short Wait
payment Subsidized
real_estate_agent Accepts Vouchers

Morrow Village

1021 Farris Ave, Elba, Alabama 36323

payment Subsidized

How To Identify Affordable Housing in Elba, Alabama

Look for program and preference badges on affordable apartment listings. These badges can help you identify the types of low income housing each apartment offers and if you may be eligbile for rental assistance or reduced rents.

Badge Description
switch_access_shortcut Short Wait
Low income apartments with no or short waiting lists.
payment Subsidized
Low income housing where the rent is subsidized and the renter pays only a portion of total rent.
real_estate_agent Accepts Vouchers
Apartments that accept Section 8 vouchers near you
elderly Senior
Rental housing for seniors who are 55 (or sometimes 62) and older.
payment Income Based
Affordable apartments where the rent paid is based on renter income.
accessibility Accessible
Meets Accessibilty Requirements of the Fair Housing Act, the ADA, or HUD policy.
accessible_forward Disability
Apartments for individuals or families with disabilities.
real_estate_agent Naturally Affordable
Naturally Occuring Affordable Housing - or NOAH - is any housing unit that offers affordable rent without participating in a rent subsidy program.
Open Until Further Notice
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Reported On February 23rd, 2024 by Vanea Gardner

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Elba, Alabama
$18.03/hour
$10.78 (+149%) more than Alabama minimum wage and $10.78 (+149%) more than the Federal minimum wage.
Learn More About Elba, Alabama Affordable Housing ↓

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.

Operates the Section 8 Housing Choice Voucher (HCV), Public Housing, Family Self-Sufficiency, Section 8 Project-Based Voucher (PBV), Rental Assistance Demonstration (RAD) programs for Elba, Alabama.
Operates the Section 8 Housing Choice Voucher (HCV), Public Housing programs for Elba, Alabama.

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.

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