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

Discover affordable housing in Pisgah where there are 3+ 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.

Nottingham Apartments

31 Co Rd 57, Pisgah, Alabama 35765

Canyon View Apartments

108 Canyonview Drive, Pisgah, Alabama 35765

Pleasant Hill Homes

244 Boggus Dr, Pisgah, Alabama 35768

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Pisgah, Alabama
$16.23/hour
$8.98 (+124%) more than Alabama minimum wage and $8.98 (+124%) more than the Federal minimum wage.
Learn More About Pisgah, Alabama Affordable Housing ↓

How many renters live in Pisgah, Alabama?

The City of Pisgah has 1,053 people living in 346 households.

There are 222 renters living in 62 renter households in this City. Renters make up 21.08 percent of the population living in Pisgah.

What is the rental market like in Pisgah, Alabama?

There are an estimated 412 housing units in the Pisgah area. Of these, 77 units are rental homes, making up 19 percent of the housing market. For every renter household in Pisgah, Alabama, there are 1 rental units.

What is the vacancy rate for rentals in Pisgah?

The rental vacancy rate in Pisgah is 12 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 Pisgah for each bedroom size?

Occupied Rental Units by Size in Pisgah
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
0 8 26 26 2
Occupied Rental Units by Size in Pisgah

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

Among renter households in this market, 11 percent have housing cost burden. Further, 8 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 Pisgah

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $642 to $1,406. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $642
One BR $748
Two BR $857
Three BR $1,051
Four BR $1,406
2024 Fair Market Rents in Pisgah, Alabama

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

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 6 75 percent
Two BR 19 73 percent
Rental Units Below FMR in Pisgah, Alabama

How many affordable rental units are in Pisgah?

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

Federal Program Unit Count
Low Income Housing Tax Credit 12
Section 8 Project-Based Rental Assistance 20
USDA Section 515 Rural Rental Housing 30
Tracked Units by Federal Program in Pisgah, Alabama

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

Income Based Apartments in Pisgah, Alabama

Pisgah features 180 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 Pisgah, Alabama

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

Housing Choice Vouchers in Pisgah, Alabama

On average, Section 8 Housing Choice vouchers pay Pisgah landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Pisgah.

The maximum amount a voucher would pay on behalf of a low-income tenant in Pisgah, Alabama for a two-bedroom apartment is between $771 and $943.

Sourced from federal housing data and AffordableHousingOnline.com research.