; Low Income Apartments For Rent in Gordo, AL

Grandview Gardens Apartments

617 Garden Dr
Gordo, Alabama
Rent Assisted

West Ridge Apartments

347 Industrial Park St
Gordo, Alabama
Rent Assisted

West Hill Square Apartments

25770 Highway 82
Gordo, Alabama
Rent Assisted

Green Tree Estates

954 1st Avenue, W
Gordo, Alabama
Rent Assisted

John Geer Cts

184 3rd St NE
Gordo, Alabama
Public Housing
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There are 26 low-income apartments in Gordo that offer reduced rents to eligible households.

Rental assistance programs support 153 low-income homes in Gordo where households pay rent based on how much they earn. For 2023, elgible households participating in federally assisted housing pay an average of $263 towards rent each month.

Affordable rent data for some communities last confirmed on January 3rd, 2023. Subdsidized rents typically change once a year based on federal guidance.

Gordo, Alabama Affordable Housing Data

Income Based Apartments in Gordo, Alabama

Gordo features 153 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 Gordo, Alabama

There are 26 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Gordo.

Housing Choice Vouchers in Gordo, Alabama

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Gordo, Alabama for a two-bedroom apartment is between $666 and $814.

2023 Gordo, 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
Gordo, Alabama Fair Market Rent $558 $562 $740 $979 $994
Gordo, Alabama Payment Standard Range $502 to $614 $506 to $618 $666 to $814 $881 to $1,077 $895 to $1,093

Sourced from federal housing data and AffordableHousingOnline.com research.

Gordo, AL Affordable Housing Snapshot

Total Affordable Apartment Properties 5
Total Low Income Apartments 179
Total Housing Units with Rental Assistance 153
Percentage of Housing Units Occupied By Renters 48%
Average Renter Household Size 2.09
Average Household Size 2.58
Median Household Income $30,781 ±$7,033
Median Rent $406 ±$58
Percentage Of Renters Overburdened 34.94% ± 12.66pp
Total Population 1,680

Population and Household Demographics

Gordo is a city in Pickens County, Alabama with a population of 1,680. There are 650 households in the city with an average household size of 2.58 persons. 48% of households in Gordo are renters.

Income and Rent Overburden in Gordo

The median gross income for households in Gordo is $30,781 a year, or $2,565 a month. The median rent for the city is $406 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Gordo, a household making less than $1,353 a month would be considered overburdened when renting an apartment at or above the median rent. 34.94% of households who rent are overburdened in Gordo.

Area Median Income In Gordo

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 Gordo, the AMI is calculated from all households within Pickens County.

In Gordo, HUD calculates the Area Median Income for a family of four as $61,200

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 Gordo

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 Gordo

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 Gordo AMI may qualify for rental assistance programs that target Extremely Low Income households.
$14,580 $19,720 $24,860 $30,000 $35,140 $37,850 $40,450 $43,050
50% AMI Income Limits
Renters earning up to 50% of the Gordo AMI may qualify for rental assistance programs that target Very Low Income households.
$22,850 $26,100 $29,350 $32,600 $35,250 $37,850 $40,450 $43,050
80% AMI Income Limits
Renters earning up to 80% of the Gordo AMI may qualify for rental assistance programs that target Low Income households.
$36,550 $41,750 $46,950 $52,150 $56,350 $60,500 $64,700 $68,850