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

Discover affordable housing in Oneonta where there are 13+ 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 Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Oneonta, 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 Oneonta, Alabama Affordable Housing ↓

What HUD offices serve Oneonta, 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 Section 8 Housing Choice Voucher (HCV), Public Housing programs for Oneonta, Alabama.

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

How many renters live in Oneonta, Alabama?

The City of Oneonta has 6,925 people living in 2,986 households.

There are 2,235 renters living in 1,342 renter households in this City. Renters make up 32.27 percent of the population living in Oneonta.

What is the rental market like in Oneonta, Alabama?

There are an estimated 3,133 housing units in the Oneonta area. Of these, 1,449 units are rental homes, making up 46 percent of the housing market. For every renter household in Oneonta, Alabama, there are 1 rental units.

What is the vacancy rate for rentals in Oneonta?

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

Occupied Rental Units by Size in Oneonta
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
21 278 837 180 26
Occupied Rental Units by Size in Oneonta

A large number of apartments in Oneonta 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 Oneonta are overburdened by housing costs?

Among renter households in this market, 50 percent have housing cost burden. Further, 23 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 Oneonta

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 Oneonta, Alabama

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

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 20 95 percent
One BR 278 100 percent
Two BR 797 95 percent
Rental Units Below FMR in Oneonta, Alabama

How many affordable rental units are in Oneonta?

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

Federal Program Unit Count
Low Income Housing Tax Credit 227
Public Housing 166
Section 8 Project-Based Rental Assistance 85
USDA Section 515 Rural Rental Housing 142
Tracked Units by Federal Program in Oneonta, Alabama

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

Income Based Apartments in Oneonta, Alabama

Oneonta features 315 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 Oneonta, Alabama

There are 285 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Oneonta.

Housing Choice Vouchers in Oneonta, Alabama

On average, Section 8 Housing Choice vouchers pay Oneonta landlords $400 per month towards rent. The average voucher holder contributes $300 towards rent in Oneonta.

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

Sourced from federal housing data and AffordableHousingOnline.com research.