Low Income Apartments and Affordable Housing For Rent in Limestone County, AL

Discover affordable housing in Limestone County where there are 48+ 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.

Stoneridge Villas

1700 Balch Rd, Madison, Alabama 35749

Parkway Place

2115 Central Pkwy SW, Decatur, Alabama 35601

Decatur Place Apartments

304 Courtney Dr SW, Decatur, Alabama 35603

ABILITY PLUS-SFH

902 WILDWOOD RD SW, Decatur, Alabama 35601

5TH AVENUE APARTMENTS

700 FIFTH AVE, Athens, Alabama 35611

Peyton Ridge Village

23615 U.S. 72, Athens, Alabama 35613

Timberline Apartments

4998 Wall Triana Hwy, Madison, Alabama 35758

Athens Village Apartments

1713 W Elm St, Athens, Alabama 35611

Ardmore Park Apartments

29430 Ardmore Park, Ardmore, Alabama 35739

Ardmore Village Apartments

29750 1st Ave , Ardmore, Alabama 35739

Water Oak Apartments

1418 E Elm St, Athens, Alabama 35611

Greenridge Apartments

25600 Smithfield Rd, Elkmont, Alabama 35620

Ardmore Square Apartments

26696 Whitt St, Ardmore, Alabama 35739

Athens Manor

220 Hine St S, Athens, Alabama 35611

Athens Park Apartments

1701 W Elm St, Athens, Alabama 35611

Presbyterian Towers

1824 Presbyterian Dr SW, Decatur, Alabama 35603

Lakeview Apartments

3120 Sumac Rd SW, Decatur, Alabama 35603

Dogwood Apartments

224 Tammy St SW, Decatur, Alabama 35603

Woodridge Apartments

1200 Woodridge Dr, Athens, Alabama 35611

Wesley Acres Addition

700 Cedar Lake Rd SW, Decatur, Alabama 35603

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Limestone County, Alabama
$23.64/hour
$16.39 (+226%) more than Alabama minimum wage and $16.39 (+226%) more than the Federal minimum wage.
Learn More About Limestone County, Alabama Affordable Housing ↓

How many renters live in Limestone County, Alabama?

The County of Limestone County has 110,900 people living in 40,036 households.

There are 20,009 renters living in 8,251 renter households in this County. Renters make up 18.04 percent of the population living in Limestone County.

What is the rental market like in Limestone County, Alabama?

There are an estimated 42,616 housing units in the Limestone County area. Of these, 9,463 units are rental homes, making up 22 percent of the housing market. For every renter household in Limestone County, Alabama, there are 1 rental units.

What is the vacancy rate for rentals in Limestone County?

The rental vacancy rate in Limestone County is 8 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 Limestone County for each bedroom size?

Occupied Rental Units by Size in Limestone County
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
322 1,135 2,982 3,090 866
Occupied Rental Units by Size in Limestone County

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

Among renter households in this market, 31 percent have housing cost burden. Further, 14 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 Limestone County

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $900 to $1,937. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $900
One BR $1,067
Two BR $1,248
Three BR $1,619
Four BR $1,937
2024 Fair Market Rents in Limestone County, Alabama

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

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 229 71 percent
One BR 771 68 percent
Two BR 2,365 79 percent
Rental Units Below FMR in Limestone County, Alabama

How many affordable rental units are in Limestone County?

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

Federal Program Unit Count
Low Income Housing Tax Credit 577
Public Housing 100
Section 8 Project-Based Rental Assistance 438
Section 202 Supportive Housing for the Elderly 55
Section 811 Supportive Housing for Persons with Disabilities 1
USDA Section 515 Rural Rental Housing 244
Tracked Units by Federal Program in Limestone County, Alabama

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

Income Based Apartments in Limestone County, Alabama

Limestone County features 1,962 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 Limestone County, Alabama

There are 1,183 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Limestone County.

Housing Choice Vouchers in Limestone County, Alabama

On average, Section 8 Housing Choice vouchers pay Limestone County landlords $500 per month towards rent. The average voucher holder contributes $300 towards rent in Limestone County.

The maximum amount a voucher would pay on behalf of a low-income tenant in Limestone County, Alabama for a two-bedroom apartment is between $1,123 and $1,373.

Sourced from federal housing data and AffordableHousingOnline.com research.