What HUD offices serve Millry, 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 Millry.
How many renters live in Millry, Alabama?
The City of Millry has people living in households.
There are renters living in renter households in this City. Renters make up 25.93 percent of the population living in Millry.
What is the rental market like in Millry, Alabama?
There are an estimated housing units in the Millry area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Millry, Alabama, there are 1.07 rental units.
What is the vacancy rate for rentals in Millry?
The rental vacancy rate in Millry 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 Millry for each bedroom size?
Occupied Rental Units by Size in Millry
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 3 | 1 | 27 | 26 | 2 |
Occupied Rental Units by Size in Millry
A large number of apartments in Millry 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 Millry
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $713 to $1,302. FMRs are updated annually by HUD for every city and county nationwide.
| Bed Size | 2024 Fair Market Rents |
| Studio | $713 |
| One BR | $785 |
| Two BR | $962 |
| Three BR | $1,163 |
| Four BR | $1,302 |
2024 Fair Market Rents in Millry, Alabama
How many units are rented at Fair Market Rent (FMR) in Millry?
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 | 3 | 100 percent |
| One BR | 1 | 100 percent |
| Two BR | 19 | 70 percent |
Rental Units Below FMR in Millry, Alabama
How many affordable rental units are in Millry?
There are a variety of federal affordable housing programs serving households in Millry, Alabama including the following:
| Federal Program | Unit Count |
| Low Income Housing Tax Credit |
Tracked Units by Federal Program in Millry, Alabama
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in Millry, Alabama
Millry 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 Millry, Alabama
There are 19 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Millry.
Housing Choice Vouchers in Millry, Alabama
On average, Section 8 Housing Choice vouchers pay Millry landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Millry.
The maximum amount a voucher would pay on behalf of a low-income tenant in Millry, Alabama for a two-bedroom apartment is between $866 and $1,058.
Sourced from federal housing data and AffordableHousingOnline.com research.