Affordable Housing In Pike County

21 Low Income Apartment Communities In Pike County

Skyview Apartments

104 Park St
Troy, Alabama
Income Based
1-2 BR

Level Line Apts

500 Level Line Apts
Troy, Alabama

Woodland Hills Apartments

100 Woodland Hills Dr
Troy, Alabama

Foxcroft Apartments

660 Henderson Dr
Troy, Alabama

Amberwood Apartments

115 Segar Lane
Troy, Alabama

Troy Manor Apartments

200 Bruce St
Troy, Alabama

Houston Place Estates I and II

457 S Main St
Brundidge, Alabama

Hubbard Dunbar

516 Hubbard St
Troy, Alabama

Knox Murphree

214 N Knox St
Troy, Alabama

Segars Community

201 Segars St
Troy, Alabama

Guide To Affordable Housing in Pike County, Alabama

There are 21 low income housing apartment communities offering 1,172 affordable apartments for rent in Pike County, Alabama.

Income Based Apartments in Pike County, Alabama

Pike County features 740 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 Pike County, Alabama

There are 432 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Pike County.

Housing Choice Vouchers in Pike County, Alabama

On average, Section 8 Housing Choice vouchers pay Pike County landlords $400 per month towards rent. The average voucher holder contributes $200 towards rent in Pike County.

The maximum amount a voucher would pay on behalf of a low-income tenant in Pike County, Alabama for a two-bedroom apartment is between $759 and $927.

2022 Pike County, 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
Pike County, Alabama Fair Market Rent $634 $666 $843 $1,051 $1,247
Pike County, Alabama Payment Standard Range $571 to $697 $599 to $733 $759 to $927 $946 to $1,156 $1,122 to $1,372

Sourced from federal housing data and research.

Pike County, AL Affordable Housing Snapshot

Total Affordable Apartment Properties 21
Total Low Income Apartments 1,172
Total Housing Units with Rental Assistance 740
Percentage of Housing Units Occupied By Renters 42.04%
Average Renter Household Size 2.27
Average Household Size 2.44
Median Household Income $32,825 ±$2,455
Median Rent $593 ±$43
Percentage Of Renters Overburdened 46.21% ± 7.1pp
Total Population 33,155

Population and Household Demographics

Pike County is a county in Alabama with a population of 33,155. There are 12,786 households in the county with an average household size of 2.44 persons. 42.04% of households in Pike County are renters.

Income and Rent Overburden in Pike County

The median gross income for households in Pike County is $32,825 a year, or $2,735 a month. The median rent for the county is $593 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Pike County, a household making less than $1,977 a month would be considered overburdened when renting an apartment at or above the median rent. 46.21% of households who rent are overburdened in Pike County.

Area Median Income In Pike County

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.

In Pike County, HUD calculates the Area Median Income for a family of four as $63,400

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 Pike County

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 Pike County

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 Pike County AMI may qualify for rental assistance programs that target Extremely Low Income households.
$13,590 $18,310 $23,030 $27,750 $32,470 $35,750 $38,200 $40,700
50% AMI Income Limits
Renters earning up to 50% of the Pike County AMI may qualify for rental assistance programs that target Very Low Income households.
$21,600 $24,650 $27,750 $30,800 $33,300 $35,750 $38,200 $40,700
80% AMI Income Limits
Renters earning up to 80% of the Pike County AMI may qualify for rental assistance programs that target Low Income households.
$34,550 $39,450 $44,400 $49,300 $53,250 $57,200 $61,150 $65,100

Cities In Pike County

Select A City to View its Apartment Communities and Waiting Lists.

City Served By
Brundidge The HUD funded Public Housing Agency that serves Brundidge is the Brundidge Housing Authority.
Troy The HUD funded Public Housing Agency that serves Troy is the HA Troy.