Affordable Housing In Lowndes County
8 Low Income Apartment Communities In Lowndes County
Guide To Affordable Housing in Lowndes County, Alabama
There are 8 low income housing apartment communities offering 265 affordable apartments for rent in Lowndes County, Alabama.
Income Based Apartments in Lowndes County, Alabama
Lowndes County features 175 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 Lowndes County, Alabama
There are 90 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Lowndes County.
Housing Choice Vouchers in Lowndes County, Alabama
On average, Section 8 Housing Choice vouchers pay Lowndes County landlords $500 per month towards rent. The average voucher holder contributes $200 towards rent in Lowndes County.
The maximum amount a voucher would pay on behalf of a low-income tenant in Lowndes County, Alabama for a two-bedroom apartment is between $823 and $1,005.
2022 Lowndes County, 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|
|Lowndes County, Alabama Fair Market Rent||$643||$764||$914||$1,156||$1,494|
|Lowndes County, Alabama Payment Standard Range||$579 to $707||$688 to $840||$823 to $1,005||$1,040 to $1,272||$1,345 to $1,643|
Sourced from federal housing data and AffordableHousingOnline.com research.
Lowndes County, AL Affordable Housing Snapshot
|Total Affordable Apartment Properties||8|
|Total Low Income Apartments||265|
|Total Housing Units with Rental Assistance||175|
|Percentage of Housing Units Occupied By Renters||26.34%|
|Average Renter Household Size||2.57|
|Average Household Size||2.49|
|Median Household Income||$25,876 ±$2,478|
|Median Rent||$568 ±$43|
|Percentage Of Renters Overburdened||39.01% ± 8.22pp|
Population and Household Demographics
Lowndes County is a county in Alabama with a population of 10,742. There are 4,282 households in the county with an average household size of 2.49 persons. 26.34% of households in Lowndes County are renters.
Income and Rent Overburden in Lowndes County
The median gross income for households in Lowndes County is $25,876 a year, or $2,156 a month. The median rent for the county is $568 a month.
Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Lowndes County, a household making less than $1,893 a month would be considered overburdened when renting an apartment at or above the median rent. 39.01% of households who rent are overburdened in Lowndes County.
Area Median Income In Lowndes County
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.
In Lowndes County, HUD calculates the Area Median Income for a family of four as $75,500
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 Lowndes County
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 Lowndes County
|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 Lowndes County AMI may qualify for rental assistance programs that target Extremely Low Income households.
|50% AMI Income Limits
Renters earning up to 50% of the Lowndes County AMI may qualify for rental assistance programs that target Very Low Income households.
|80% AMI Income Limits
Renters earning up to 80% of the Lowndes County AMI may qualify for rental assistance programs that target Low Income households.