The Terrace

1301 Adams Ave, Montgomery, AL 36104

Waiting List Forecast: Open Until Further Notice

check_circleVerified for 2022 by Colleen Carter, Ric Gresia
Rent Beds Baths SqFt
Call for Rents 1 - 2 Beds 1 Bath -

Waitlist Information

Montgomery Housing Authority Waiting List

Go to the public housing authority page for this waiting list >>

The Terrace is a newly renovated modern high-rise community for seniors that is adjacent to a serene wooded setting. It is one of the most sought-after senior housing communities in the region. Featuring an elegant contemporary façade and upgraded interior finishes, it provides contemporary living. The 90 total unit building consists of one and two-bedrooms apartments. It boasts great city views and is within walking distance of the farmers market, local banks, downtown Montgomery and access to public transportation at its doorstep.

Dave's Thoughts On The Terrace

This property is funded through HUD’s Public Housing program. These properties are typically owned and managed by a Public Housing Authority. These properties tend to be much older, as no new public housing has been built in many years. Since the Federal budget has historically (and notoriously) underfunded public housing renovations for decades, these properties tend to have higher vacancies due to uninhabitable units or liveable units that are in poor condition. In addition, since all public housing properties offer rent subsidies, low-income residents only pay rent based on their incomes. For that reason, these properties tend to have longer waiting lists. Check our public housing waiting list data for more information. Since The Terrace participates in the Public Housing program and has a property based subsidy, if you have a Section 8 voucher, you would have to give up your voucher to move in.

Dave, Founder AHO

~ Dave Layfield, Founder of Affordable Housing Online

The Terrace Amenities

  • BBQ and Picnic Area
  • Community Room
  • Library
  • Gazebo
  • Dishwasher
  • Garbage Disposal
  • Cable Ready
  • Private Entrance
  • On-Site Maintenance
  • Central Heat & Air
  • Computer Room
  • Laundry Facility

Units at The Terrace

Unit (Bd/Ba) Ft2 Rent
1 Bedroom (1/1) - Call for Price
2 Bedroom (2/1) - Call for Price

Income Qualification for The Terrace

*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
AMI* 1 person 2 people 3 people 4 people
30% AMI for PBRA Units $15,650 / year $19,720 / year $24,860 / year $30,000 / year
50% AMI for LIHTC Units $26,050 / year $29,800 / year $33,500 / year $37,200 / year
50% AMI for PBRA Units $26,050 / year $29,800 / year $33,500 / year $37,200 / year
80% AMI for PBRA Units $41,650 / year $47,600 / year $53,550 / year $59,500 / year

*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.

FAQs for The Terrace

Does The Terrace have a waiting list?

The Terrace has a waiting list. See above for waiting list details.

Are rents subsidized at The Terrace?

We believe rents are most likely subsidized at all or some of the units since our research has turned up at least one public housing or rental assistance contract probably associated with this property.

In addition to The Terrace, how many other affordable housing properties (and units) are there in Montgomery?

In addition to The Terrace, we list 61 other affordable properties in Montgomery. Learn about these properties here. Our data research shows that there are a total of 5695 affordable units in Montgomery.

Listings Near The Terrace

Liberty Square Apartments

3899 Liberty Square Drive, Montgomery, Alabama 36116

Estates at Northampton

5685 Express Dr, Montgomery, Alabama 36116

Capitol Heights Place I & II

135 S Panama St, Montgomery, Alabama 36107

Jefferson Davis Apartments

344 Montgomery St, Montgomery, Alabama 36104

Parks Place

660 Cleveland Court, Montgomery, Alabama 36108

Ravenwood Apartments

2230 Woodley Sq W, Montgomery, Alabama 36116

Rent observations may change. We encourage users to verify rents and eligiblity requirements directly with the property.