How many renters live in Orrville, Alabama?
The City of Orrville has 151 people living in 80 households.
There are 84 renters living in 44 renter households in this City. Renters make up 55.63 percent of the population living in Orrville.
What is the rental market like in Orrville, Alabama?
There are an estimated 105 housing units in the Orrville area. Of these, 47 units are rental homes, making up 45 percent of the housing market. For every renter household in Orrville, Alabama, there are 1 rental units.
What is the vacancy rate for rentals in Orrville?
The rental vacancy rate in Orrville is 6 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 Orrville for each bedroom size?
Occupied Rental Units by Size in Orrville
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 0 | 16 | 26 | 1 | 1 |
Occupied Rental Units by Size in Orrville
A large number of apartments in Orrville 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 Orrville are overburdened by housing costs?
Among renter households in this market, 91 percent have housing cost burden. Further, 0 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 Orrville
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $653 to $1,215. FMRs are updated annually by HUD for every city and county nationwide.
| Bed Size | 2024 Fair Market Rents |
| Studio | $653 |
| One BR | $694 |
| Two BR | $912 |
| Three BR | $1,129 |
| Four BR | $1,215 |
2024 Fair Market Rents in Orrville, Alabama
How many units are rented at Fair Market Rent (FMR) in Orrville?
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 |
| One BR | 16 | 100 percent |
| Two BR | 26 | 100 percent |
Rental Units Below FMR in Orrville, Alabama
How many affordable rental units are in Orrville?
There are a variety of federal affordable housing programs serving households in Orrville, Alabama including the following:
| Federal Program | Unit Count |
| Low Income Housing Tax Credit | 19 |
| USDA Section 515 Rural Rental Housing | 19 |
Tracked Units by Federal Program in Orrville, Alabama
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in Orrville, Alabama
Orrville features 19 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 Orrville, Alabama
There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Orrville.
Housing Choice Vouchers in Orrville, Alabama
On average, Section 8 Housing Choice vouchers pay Orrville landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Orrville.
The maximum amount a voucher would pay on behalf of a low-income tenant in Orrville, Alabama for a two-bedroom apartment is between $821 and $1,003.
Sourced from federal housing data and AffordableHousingOnline.com research.
