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

Discover affordable housing in Montgomery where there are 62+ 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.

auto_awesome Focus Results:
switch_access_shortcut Short Wait
payment Subsidized
real_estate_agent Accepts Vouchers
elderly Senior
payment Income Based
accessibility Accessible
accessible_forward Disability

How To Identify Affordable Housing in Montgomery, 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.
The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Montgomery, Alabama
$20.68/hour
$13.43 (+185%) more than Alabama minimum wage and $13.43 (+185%) more than the Federal minimum wage.
Learn More About Montgomery, Alabama Affordable Housing ↓

What HUD offices serve Montgomery, 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.

Montgomery Housing Authority
Operates the Section 8 Housing Choice Voucher (HCV), Public Housing, Family Self-Sufficiency, Homeownership programs for Montgomery, Alabama.

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

How many renters live in Montgomery, Alabama?

The City of Montgomery has people living in households.

There are renters living in renter households in this City. Renters make up 39.83 percent of the population living in Montgomery.

What is the rental market like in Montgomery, Alabama?

There are an estimated housing units in the Montgomery area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Montgomery, Alabama, there are 1.1 rental units.

What is the vacancy rate for rentals in Montgomery?

The rental vacancy rate in Montgomery 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 Montgomery for each bedroom size?

Occupied Rental Units by Size in Montgomery
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
1,807 5,013 9,888 12,992 3,233
Occupied Rental Units by Size in Montgomery

A large number of apartments in Montgomery 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 Montgomery

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $836 to $1,753. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $836
One BR $913
Two BR $1,092
Three BR $1,383
Four BR $1,753
2024 Fair Market Rents in Montgomery, Alabama

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

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 955 53 percent
One BR 3,012 60 percent
Two BR 5,837 59 percent
Rental Units Below FMR in Montgomery, Alabama

How many affordable rental units are in Montgomery?

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

Federal Program Unit Count
Low Income Housing Tax Credit
Public Housing
Section 8 Project-Based Rental Assistance
Section 202 Supportive Housing for the Elderly
Section 811 Supportive Housing for Persons with Disabilities
Tracked Units by Federal Program in Montgomery, Alabama

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

Income Based Apartments in Montgomery, Alabama

Montgomery features 2,835 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 Montgomery, Alabama

There are 2,860 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Montgomery.

Housing Choice Vouchers in Montgomery, Alabama

On average, Section 8 Housing Choice vouchers pay Montgomery landlords $600 per month towards rent. The average voucher holder contributes $300 towards rent in Montgomery.

The maximum amount a voucher would pay on behalf of a low-income tenant in Montgomery, Alabama for a two-bedroom apartment is between $983 and $1,201.

Sourced from federal housing data and AffordableHousingOnline.com research.