Cheap Apartments In Oneonta
Blount County, Alabama

Low Income Apartments In Oneonta

Carroll's Country Crossing

600 6th Ave E
Oneonta, AL
2 BR
HCV Welcome

Casa Bonita

31 Morales Drive
Oneonta, AL
2-3 BR

Ingle Manor

101 Ingle Dr
Oneonta, AL

Oneonta Apartments

100 Mountain Springs Rd
Oneonta, AL

Oak Meadows

29 Valley Ct
Oneonta, AL
HCV Welcome

River Oaks Apartments I

2001 Pocota Dr
Oneonta, AL

Harris Apartments

2 Hillcrest Cir
Oneonta, AL

Mccays Landing

1640 Pocota Dr
Oneonta, AL
HCV Welcome

Ingle Manor

Ingle Dr
Oneonta, AL

Springville Apartments

1118 Springville Blvd
Oneonta, AL
HCV Welcome

There are 12 low income housing apartment complexes which contain 668 affordable apartments for rent in Oneonta, Alabama. Many of these rental apartments are income based housing with about 245 apartments that set rent based on your income. Often referred to as "HUD apartments", there are 40 Project-Based Section 8 subsidized apartments in Oneonta. There are 453 other low income apartments that don't have rental assistance but are still considered to be affordable housing for low income families.

Housing Authorities that serve Oneonta

Housing Authority Programs
Oneonta Housing Authority Section 8 Housing Choice Voucher; Public Housing

Understanding Affordable Housing in Oneonta, Alabama

Oneonta, AL Affordable Housing Snapshot

Total Affordable Apartment Properties 12
Total Low Income Apartments 668
Total Rent Assisted Apartments 245
Percentage of Housing Units Occupied By Renters 44.18%
Average Renter Household Size 2.16
Total Population 6,633
Housing Units 2,576
Average Household Size 2.41
Median Household Income $36,852 ±$6,268
Median Rent $548 ±$59
Percentage Of Renters Overburdened 28.21% ± 10.05pp

Population and Household Demographics

Oneonta is a City in Blount County, Alabama with a population of 6,633. There are 2,576 households in the city with an average household size of 2.41 persons. 44.18% of households in Oneonta are renters.

Income and Rent Overburden in Oneonta

The median gross income for households in Oneonta is $36,852 a year, or $3,071 a month. The median rent for the city is $548 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Oneonta, a household making less than $1,827 a month would be considered overburdened when renting an apartment at or above the median rent. 28.21% of households who rent are overburdened in Oneonta.1

Data derived from 2010 Census and 2015 5-Year American Community Survey. Learn More.
1 Margin of Error: ± 10.05 percentage points.

Area Median Income In Oneonta

Affordable housing program eligibility is always determined by one's income. Each household's income is compared to the incomes of all other households in the area. This is accomplished through a statistic established by the government called the Area Median Income, most often referred to as AMI. The AMI is calculated and published each year by HUD.

HUD often uses an area larger than a city to determine the AMI because HUD anticipates those searching for housing will look beyond individual cities during their housing search. For Oneonta, the AMI is calculated from all households within Blount County.

In Oneonta, HUD calculates the Area Median Income for a family of four as $71,000

Most affordable housing programs determine eligibility based on the percent of AMI a given household's income is. Among the programs that determine eligibility based on the AMI are Section 8, HOME, LIHTC, Section 515, 202 and 811.

Rental Assistance in Oneonta

Rental assistance is a type of housing subsidy that pays for a portion of a renter’s monthly housing costs, including rent and tenant paid utilities. This housing assistance can come in the form of Section 8 Housing Choice Vouchers, project-based Section 8 contracts, public housing, USDA Rental Assistance (in Section 515 properties) as well as HUD Section 202 and 811 properties for elderly and disabled households.

Income Qualifications for Oneonta HUD Rental Assistance in Oneonta

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $14,800 $16,900 $20,780 $25,100 $29,420 $33,740 $38,060 $42,380
50% of Median $24,650 $28,150 $31,650 $35,150 $38,000 $40,800 $43,600 $46,400
80% of Median $39,400 $45,000 $50,650 $56,250 $60,750 $65,250 $69,750 $74,250

You can identify apartment communities that participate in a program that provides rental assistance by looking for the tags in the apartment list above. View Apartments.

Low Income Housing Tax Credits in Oneonta

The Low-Income Housing Tax Credit (LIHTC) program aims to create affordable rental housing for low and very low income families.

From 1990 to 2006, 4 low income apartment communities containing 117 rental apartments have been constructed and made affordable to low income persons in Oneonta by the Low Income Housing Tax Credit Program.

You can identify apartment communities that participate in the program in Oneonta by looking for the tag in the apartment list above. View Apartments.

If your income is less than 60% of the Area Median Income (AMI), you should not expect to pay more than the rent value for a unit in the table below. However, Affordable apartment communities that receive funding through the Low Income Housing Tax Credit program may have rental units that are not subject to income and rent limits.

Rent limits for the LIHTC Program are determined so that a household making the maximum income for the expected household size of the unit would only pay 30% of their income for rent.

Income Qualifications for Low Income Housing Tax Credit Apartments in Oneonta

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
50% of Median $24,650 $28,150 $31,650 $35,150 $38,000 $40,800 $43,600 $46,400
HERA 50% $24,850 $28,400 $31,950 $35,500 $38,350 $41,200 $44,050 $46,900
60% of Median $29,580 $33,780 $37,980 $42,180 $45,600 $48,960 $52,320 $55,680
HERA 60% $29,820 $34,080 $38,340 $42,600 $46,020 $49,440 $52,860 $56,280

For example, the expected household size for a two bedroom apartment is 3 people. Using the table above, the maximum income for a 3 person household at 60% of the AMI in Oneonta is $37,980 a year, or $3,165 a month. To determine the maximum rent in the table below we multiply the monthly maximum income, $3,165 by 30% to get a maximum rent of $950 a month.

Rent for units in the LIHTC Program include a utility allowance which is determined by the average monthly cost of utilities paid directly by residents. This allowance has not been subtracted from the rents in the table below. These utility allowances are set on a property by property basis.

% of AMI Studio 1 Bed 2 Bed 3 Bed 4 Bed 5 Bed
50% $616 $660 $791 $914 $1,020 $1,125
60% $740 $792 $950 $1,097 $1,224 $1,350
Fair Market Rents in Oneonta

Fair Market Rents, often abbreviated as FMR, can be used to better understand the average housing costs of an area. Notably, Fair Market Rents are used to establish the payment standards for the Housing Choice Voucher Program, maximum rents in HOME financed rental projects and initial rents for Section 8 project based assistance.

2019 Fair Market Rents
Studio One BR Two BR Three BR Four BR
$706 $763 $873 $1,154 $1,282