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

Discover affordable housing in Montevallo where there are 15+ 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 Glenn

601 Skyview Ln, Montevallo, Alabama 35115

bed 2-4
payment $950-1300/mo.

4696 AL-25 Unit 4

4696 AL-25 Unit 4, Montevallo, Alabama 35115

bed 2
payment $880/mo.
switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers
real_estate_agent Naturally Affordable

1635 Cobblestone Ln

1635 Cobblestone Ln, Montevallo, Alabama 35115

bed 2
payment $1056/mo.
switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers
real_estate_agent Naturally Affordable

835 Shelby St

835 Shelby St, Montevallo, Alabama 35115

bed 3
payment $1200/mo.
switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers
real_estate_agent Naturally Affordable

4696 AL-25 Unit 6

4696 AL-25 Unit 6, Montevallo, Alabama 35115

bed 3
payment $1200/mo.
switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers
real_estate_agent Naturally Affordable

1071 Middle St Unit 6

1071 Middle St Unit 6, Montevallo, Alabama 35115

bed 2
payment $900/mo.

221 Hillcrest Dr

221 Hillcrest Dr, Montevallo, Alabama 35115

bed 3
payment $1555/mo.

110 Meadowgreen Dr

110 Meadowgreen Dr, Montevallo, Alabama 35115

bed 3
payment $1445/mo.

110 Meadowgreen Dr

110 Meadowgreen Dr, Montevallo, Alabama 35115

bed 3
payment $1520/mo.

1211 Highland St

1211 Highland St, Montevallo, Alabama 35115

bed 1
payment $850/mo.

Cobblestone Cove Apartments

1001 Cobblestone Ln, Montevallo, Alabama 35115

switch_access_shortcut Short Wait
accessibility Accessible

Cobblestone Creek

1501 Cobblestone Crk, Montevallo, Alabama 35115

switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers
payment Income Based
accessibility Accessible

Montevallo Villas

10 Montevallo Circle, Montevallo, Alabama

switch_access_shortcut Short Wait
payment Subsidized
real_estate_agent Accepts Vouchers

Briarwood Apts

535- a Hicks Street, Montevallo, Alabama

switch_access_shortcut Short Wait
payment Subsidized
real_estate_agent Accepts Vouchers

Scott Village

1195 Island St, Montevallo, Alabama 35115

payment Subsidized

How To Identify Affordable Housing in Montevallo, Alabama

Look for program and preference badges on affordable apartment listings. These badges can help you identify the types of low income housing each apartment offers and if you may be eligbile for rental assistance or reduced rents.

Badge Description
switch_access_shortcut Short Wait
Low income apartments with no or short waiting lists.
payment Subsidized
Low income housing where the rent is subsidized and the renter pays only a portion of total rent.
real_estate_agent Accepts Vouchers
Apartments that accept Section 8 vouchers near you
elderly Senior
Rental housing for seniors who are 55 (or sometimes 62) and older.
payment Income Based
Affordable apartments where the rent paid is based on renter income.
accessibility Accessible
Meets Accessibilty Requirements of the Fair Housing Act, the ADA, or HUD policy.
accessible_forward Disability
Apartments for individuals or families with disabilities.
real_estate_agent Naturally Affordable
Naturally Occuring Affordable Housing - or NOAH - is any housing unit that offers affordable rent without participating in a rent subsidy program.
The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Montevallo, Alabama
$23.58/hour
$16.33 (+225%) more than Alabama minimum wage and $16.33 (+225%) more than the Federal minimum wage.
Learn More About Montevallo, Alabama Affordable Housing ↓

What HUD offices serve Montevallo, 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.

Operates the Public Housing programs for Montevallo, Alabama.

Go to the Alabama Public Housing and Low-Income Apartments Waiting Lists page for openings near Montevallo.

How many renters live in Montevallo, Alabama?

The City of Montevallo has people living in households.

There are renters living in renter households in this City. Renters make up 24.23 percent of the population living in Montevallo.

What is the rental market like in Montevallo, Alabama?

There are an estimated housing units in the Montevallo area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Montevallo, Alabama, there are 1.11 rental units.

What is the vacancy rate for rentals in Montevallo?

The rental vacancy rate in Montevallo is 5 percent. This is a lower than average vacancy rate. When rental vacancy rates are low there are fewer available units. Rents tend to be higher as more people compete for scarce housing.

How many rental units are in Montevallo for each bedroom size?

Occupied Rental Units by Size in Montevallo
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
18 108 356 307 15
Occupied Rental Units by Size in Montevallo

A large number of apartments in Montevallo 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 Montevallo

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $983 to $1,752. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $983
One BR $1,109
Two BR $1,245
Three BR $1,570
Four BR $1,752
2024 Fair Market Rents in Montevallo, Alabama

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

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 17 94 percent
One BR 81 75 percent
Two BR 296 83 percent
Rental Units Below FMR in Montevallo, Alabama

How many affordable rental units are in Montevallo?

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

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

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

Income Based Apartments in Montevallo, Alabama

Montevallo features 167 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 Montevallo, Alabama

There are 128 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Montevallo.

Housing Choice Vouchers in Montevallo, Alabama

On average, Section 8 Housing Choice vouchers pay Montevallo landlords $500 per month towards rent. The average voucher holder contributes $400 towards rent in Montevallo.

The maximum amount a voucher would pay on behalf of a low-income tenant in Montevallo, Alabama for a two-bedroom apartment is between $1,121 and $1,370.

Sourced from federal housing data and AffordableHousingOnline.com research.

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