Affordable Housing In Oxford
Calhoun County, Alabama

2 Low Income Apartment Communities In Oxford

Sterling Pointe Apartments

329 Sterling Pointe Ln
Oxford, Alabama
Call For Rent
1-3 BR

Oxford House

119 E 6th St
Oxford, Alabama
Elderly Supportive Housing
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Guide To Affordable Housing in Oxford, Alabama

There are 2 low income housing apartment communities offering 187 affordable apartments for rent in Oxford, Alabama.

Income Based Apartments in Oxford, Alabama

Oxford features 187 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 Oxford, Alabama

There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Oxford.

Housing Choice Vouchers in Oxford, Alabama

On average, Section 8 Housing Choice vouchers pay Oxford landlords $500 per month towards rent. The average voucher holder contributes $300 towards rent in Oxford.

The maximum amount a voucher would pay on behalf of a low-income tenant in Oxford, Alabama for a two-bedroom apartment is between $670 and $818.

2022 Oxford, Alabama Fair Market Rents and Housing Choice Voucher Payment Standards

Fair Market Rents can be used to better understand the average housing costs of an area. Fair Market Rents are used by HUD to establish payment and rent standards for federal rental assistance programs like the Section 8 Housing Choice Voucher Program.

Studio One BR Two BR Three BR Four BR
Oxford, Alabama Fair Market Rent $562 $565 $744 $988 $1,111
Oxford, Alabama Payment Standard Range $506 to $618 $509 to $622 $670 to $818 $889 to $1,087 $1,000 to $1,222

Sourced from federal housing data and research.

Oxford, AL Affordable Housing Snapshot

Total Affordable Apartment Properties 2
Total Low Income Apartments 187
Total Housing Units with Rental Assistance 187
Percentage of Housing Units Occupied By Renters 26.97%
Average Renter Household Size 3.02
Average Household Size 2.73
Median Household Income $51,375 ±$2,143
Median Rent $775 ±$60
Percentage Of Renters Overburdened 32.48% ± 7.01pp
Total Population 21,243

Population and Household Demographics

Oxford is a city in Calhoun County, Alabama with a population of 21,243. There are 7,671 households in the city with an average household size of 2.73 persons. 26.97% of households in Oxford are renters.

Income and Rent Overburden in Oxford

The median gross income for households in Oxford is $51,375 a year, or $4,281 a month. The median rent for the city is $775 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Oxford, a household making less than $2,583 a month would be considered overburdened when renting an apartment at or above the median rent. 32.48% of households who rent are overburdened in Oxford.

Area Median Income In Oxford

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 Oxford, the AMI is calculated from all households within Calhoun County.

In Oxford, HUD calculates the Area Median Income for a family of four as $68,800

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 Oxford

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 HUD Rental Assistance in Oxford

1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% AMI Income Limits
Renters earning up to 30% of the Oxford AMI may qualify for rental assistance programs that target Extremely Low Income households.
$14,500 $18,310 $23,030 $27,750 $32,470 $37,190 $41,910 $45,450
50% AMI Income Limits
Renters earning up to 50% of the Oxford AMI may qualify for rental assistance programs that target Very Low Income households.
$24,100 $27,550 $31,000 $34,400 $37,200 $39,950 $42,700 $45,450
80% AMI Income Limits
Renters earning up to 80% of the Oxford AMI may qualify for rental assistance programs that target Low Income households.
$38,550 $44,050 $49,550 $55,050 $59,500 $63,900 $68,300 $72,700