What HUD offices serve Grand Bay, 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 Grand Bay.
How many renters live in Grand Bay, Alabama?
The City of Grand Bay has people living in households.
There are renters living in renter households in this City. Renters make up 21.62 percent of the population living in Grand Bay.
What is the rental market like in Grand Bay, Alabama?
There are an estimated housing units in the Grand Bay area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Grand Bay, Alabama, there are 1.43 rental units.
What is the vacancy rate for rentals in Grand Bay?
The rental vacancy rate in Grand Bay is 30 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 Grand Bay for each bedroom size?
Occupied Rental Units by Size in Grand Bay
Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
---|---|---|---|---|
0 | 47 | 62 | 190 | 0 |
Occupied Rental Units by Size in Grand Bay
A large number of apartments in Grand Bay 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 Grand Bay
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $810 to $1,484. FMRs are updated annually by HUD for every city and county nationwide.
Bed Size | 2024 Fair Market Rents |
Studio | $810 |
One BR | $890 |
Two BR | $1,094 |
Three BR | $1,448 |
Four BR | $1,484 |
2024 Fair Market Rents in Grand Bay, Alabama
How many units are rented at Fair Market Rent (FMR) in Grand Bay?
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 | 26 | 55 percent |
Two BR | 62 | 100 percent |
Rental Units Below FMR in Grand Bay, Alabama
How many affordable rental units are in Grand Bay?
Income Based Apartments in Grand Bay, Alabama
Grand Bay features 0 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 Grand Bay, Alabama
There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Grand Bay.
Housing Choice Vouchers in Grand Bay, Alabama
On average, Section 8 Housing Choice vouchers pay Grand Bay landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Grand Bay.
The maximum amount a voucher would pay on behalf of a low-income tenant in Grand Bay, Alabama for a two-bedroom apartment is between $985 and $1,203.
Sourced from federal housing data and AffordableHousingOnline.com research.