How many renters live in Notasulga, Alabama?
The City of Notasulga has 966 people living in 344 households.
There are 382 renters living in 85 renter households in this City. Renters make up 39.54 percent of the population living in Notasulga.
What is the rental market like in Notasulga, Alabama?
There are an estimated 426 housing units in the Notasulga area. Of these, 96 units are rental homes, making up 23 percent of the housing market. For every renter household in Notasulga, Alabama, there are 1 rental units.
What is the vacancy rate for rentals in Notasulga?
The rental vacancy rate in Notasulga is 0 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 Notasulga for each bedroom size?
Occupied Rental Units by Size in Notasulga
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 0 | 0 | 57 | 28 | 0 |
Occupied Rental Units by Size in Notasulga
A large number of apartments in Notasulga have two or fewer bedrooms. Seniors and young professionals especially may have more success finding an apartment that meets their needs.
How many renter households in Notasulga are overburdened by housing costs?
Among renter households in this market, 33 percent have housing cost burden. Further, 20 percent of households are extremely rent overburdened. When renters pay too much for their housing, it leaves little money for other necessities like food, clothes, or medicine.
The federal government says that renters are cost-burdened if they pay more than a third of their monthly income for rent and utilities.
How Much Is Rent in Notasulga
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $801 to $1,617. FMRs are updated annually by HUD for every city and county nationwide.
| Bed Size | 2024 Fair Market Rents |
| Studio | $801 |
| One BR | $901 |
| Two BR | $1,099 |
| Three BR | $1,487 |
| Four BR | $1,617 |
2024 Fair Market Rents in Notasulga, Alabama
How many units are rented at Fair Market Rent (FMR) in Notasulga?
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 |
| Two BR | 47 | 82 percent |
Rental Units Below FMR in Notasulga, Alabama
How many affordable rental units are in Notasulga?
There are a variety of federal affordable housing programs serving households in Notasulga, Alabama including the following:
| Federal Program | Unit Count |
| USDA Section 515 Rural Rental Housing | 12 |
Tracked Units by Federal Program in Notasulga, Alabama
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in Notasulga, Alabama
Notasulga features 12 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 Notasulga, Alabama
There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Notasulga.
Housing Choice Vouchers in Notasulga, Alabama
On average, Section 8 Housing Choice vouchers pay Notasulga landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Notasulga.
The maximum amount a voucher would pay on behalf of a low-income tenant in Notasulga, Alabama for a two-bedroom apartment is between $808 and $988.
Sourced from federal housing data and AffordableHousingOnline.com research.
