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

Discover affordable housing in Hayneville where there are 5+ 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.

The Meadows Apartments

410 The Meadows, Hayneville, Alabama 36040

Orchard Park Apartments

629 State Highway 21 S, Hayneville, Alabama 36040

Pecan Lane Apartments

23 Pecan St, Hayneville, Alabama 36040

Hulett Townhouse

500 Magnolia St, Hayneville, Alabama 36040

Mosses

276 Smith St, Hayneville, Alabama 36040

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Hayneville, Alabama
$20.68/hour
$13.43 (+185%) more than Alabama minimum wage and $13.43 (+185%) more than the Federal minimum wage.
Learn More About Hayneville, Alabama Affordable Housing ↓

How many renters live in Hayneville, Alabama?

The City of Hayneville has 900 people living in 366 households.

There are 300 renters living in 166 renter households in this City. Renters make up 33.33 percent of the population living in Hayneville.

What is the rental market like in Hayneville, Alabama?

There are an estimated 444 housing units in the Hayneville area. Of these, 178 units are rental homes, making up 40 percent of the housing market. For every renter household in Hayneville, Alabama, there are 1 rental units.

What is the vacancy rate for rentals in Hayneville?

The rental vacancy rate in Hayneville is 7 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 Hayneville for each bedroom size?

Occupied Rental Units by Size in Hayneville
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
3 27 29 98 9
Occupied Rental Units by Size in Hayneville

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

Among renter households in this market, 16 percent have housing cost burden. Further, 13 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 Hayneville

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 Hayneville, Alabama

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

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 0 100 percent
One BR 20 74 percent
Two BR 21 72 percent
Rental Units Below FMR in Hayneville, Alabama

How many affordable rental units are in Hayneville?

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

Federal Program Unit Count
Low Income Housing Tax Credit 74
USDA Section 515 Rural Rental Housing 78
Tracked Units by Federal Program in Hayneville, Alabama

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

Income Based Apartments in Hayneville, Alabama

Hayneville features 102 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 Hayneville, Alabama

There are 30 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Hayneville.

Housing Choice Vouchers in Hayneville, Alabama

On average, Section 8 Housing Choice vouchers pay Hayneville landlords $400 per month towards rent. The average voucher holder contributes $200 towards rent in Hayneville.

The maximum amount a voucher would pay on behalf of a low-income tenant in Hayneville, Alabama for a two-bedroom apartment is between $983 and $1,201.

Sourced from federal housing data and AffordableHousingOnline.com research.