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

Discover affordable housing in Enterprise where there are 13+ 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.

Valley Manor

712 Damascus Rd, Enterprise, Alabama 36330

Heron Cove II

630 Glover Ave, Enterprise, Alabama 36330

Brookdale Apartments

103 Apache Dr, Enterprise, Alabama 36330

Cadence Point

1320 Rucker Blvd, Enterprise, Alabama 36330

Port Mayaca Terrace

1225 James Dr, Enterprise, Alabama 36330

Meadowbrook Apartments

201 Apache Dr, Enterprise, Alabama 36330

Enterprise Ret Center

208 Douglas Brown Cir, Enterprise, Alabama 36330

Heron Cove Apartments

550 Glover Ave, Enterprise, Alabama 36330

St Albans

100 Paul St, Enterprise, Alabama 36330

Garden Oaks Apartments

507 Glover Ave, Enterprise, Alabama 36330

Mikie Walding Apartments

101 Cinema Dr, Enterprise, Alabama 36330

Nell Court

1 Nell Ct, Enterprise, Alabama 36330

Enterprise Apartments

1591 E Park Ave, Enterprise, Alabama 36330

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Enterprise, 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 Enterprise, Alabama Affordable Housing ↓

What HUD offices serve Enterprise, 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 Enterprise, Alabama.
Operates the Section 8 Housing Choice Voucher (HCV), Public Housing programs for Enterprise, Alabama.

Go to the Alabama Public Housing and Low-Income Apartments Waiting Lists page for openings near Enterprise.

How many renters live in Enterprise, Alabama?

The City of Enterprise has 28,513 people living in 10,898 households.

There are 12,181 renters living in 4,588 renter households in this City. Renters make up 42.72 percent of the population living in Enterprise.

What is the rental market like in Enterprise, Alabama?

There are an estimated 12,457 housing units in the Enterprise area. Of these, 5,304 units are rental homes, making up 43 percent of the housing market. For every renter household in Enterprise, Alabama, there are 1 rental units.

What is the vacancy rate for rentals in Enterprise?

The rental vacancy rate in Enterprise is 10 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 Enterprise for each bedroom size?

Occupied Rental Units by Size in Enterprise
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
52 325 2,019 1,610 480
Occupied Rental Units by Size in Enterprise

A large number of apartments in Enterprise 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 Enterprise are overburdened by housing costs?

Among renter households in this market, 36 percent have housing cost burden. Further, 21 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 Enterprise

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 Enterprise, Alabama

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

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 40 77 percent
One BR 174 54 percent
Two BR 1,242 62 percent
Rental Units Below FMR in Enterprise, Alabama

How many affordable rental units are in Enterprise?

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

Federal Program Unit Count
Low Income Housing Tax Credit 400
Public Housing 129
Section 8 Project-Based Rental Assistance 127
Section 202 Supportive Housing for the Elderly 1
USDA Section 515 Rural Rental Housing 216
Tracked Units by Federal Program in Enterprise, Alabama

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

Income Based Apartments in Enterprise, Alabama

Enterprise features 388 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 Enterprise, Alabama

There are 400 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Enterprise.

Housing Choice Vouchers in Enterprise, Alabama

On average, Section 8 Housing Choice vouchers pay Enterprise landlords $400 per month towards rent. The average voucher holder contributes $300 towards rent in Enterprise.

The maximum amount a voucher would pay on behalf of a low-income tenant in Enterprise, Alabama for a two-bedroom apartment is between $857 and $1,047.

Sourced from federal housing data and AffordableHousingOnline.com research.