What HUD offices serve Fort Deposit, 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 Fort Deposit.
How many renters live in Fort Deposit, Alabama?
The City of Fort Deposit has people living in households.
There are renters living in renter households in this City. Renters make up 29.3 percent of the population living in Fort Deposit.
What is the rental market like in Fort Deposit, Alabama?
There are an estimated housing units in the Fort Deposit area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Fort Deposit, Alabama, there are 1.03 rental units.
What is the vacancy rate for rentals in Fort Deposit?
The rental vacancy rate in Fort Deposit is 3 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 Fort Deposit for each bedroom size?
Occupied Rental Units by Size in Fort Deposit
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 0 | 38 | 149 | 27 | 7 |
Occupied Rental Units by Size in Fort Deposit
A large number of apartments in Fort Deposit 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 Fort Deposit
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $836 to $1,753. FMRs are updated annually by HUD for every city and county nationwide.
| Bed Size | 2024 Fair Market Rents |
| Studio | $836 |
| One BR | $913 |
| Two BR | $1,092 |
| Three BR | $1,383 |
| Four BR | $1,753 |
2024 Fair Market Rents in Fort Deposit, Alabama
How many units are rented at Fair Market Rent (FMR) in Fort Deposit?
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 | 38 | 100 percent |
| Two BR | 128 | 86 percent |
Rental Units Below FMR in Fort Deposit, Alabama
How many affordable rental units are in Fort Deposit?
There are a variety of federal affordable housing programs serving households in Fort Deposit, Alabama including the following:
| Federal Program | Unit Count |
| Low Income Housing Tax Credit | |
| USDA Section 515 Rural Rental Housing |
Tracked Units by Federal Program in Fort Deposit, Alabama
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in Fort Deposit, Alabama
Fort Deposit features 69 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 Fort Deposit, Alabama
There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Fort Deposit.
Housing Choice Vouchers in Fort Deposit, Alabama
On average, Section 8 Housing Choice vouchers pay Fort Deposit landlords $400 per month towards rent. The average voucher holder contributes $300 towards rent in Fort Deposit.
The maximum amount a voucher would pay on behalf of a low-income tenant in Fort Deposit, Alabama for a two-bedroom apartment is between $983 and $1,201.
Sourced from federal housing data and AffordableHousingOnline.com research.