Affordable Housing In Point Clear
Baldwin County, Alabama

Guide To Affordable Housing in Point Clear, Alabama

There are 0 low income housing apartment communities offering 0 affordable apartments for rent in Point Clear, Alabama.

Income Based Apartments in Point Clear, Alabama

Point Clear features 0 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 Point Clear, Alabama

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

Housing Choice Vouchers in Point Clear, Alabama

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Point Clear, Alabama for a two-bedroom apartment is between $915 and $1,119.

2022 Point Clear, 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
Point Clear, Alabama Fair Market Rent $772 $777 $1,017 $1,348 $1,715
Point Clear, Alabama Payment Standard Range $695 to $849 $699 to $855 $915 to $1,119 $1,213 to $1,483 $1,544 to $1,887

Sourced from federal housing data and research.

Point Clear, AL Affordable Housing Snapshot

Total Affordable Apartment Properties 0
Total Low Income Apartments 0
Total Housing Units with Rental Assistance 0
Percentage of Housing Units Occupied By Renters 23.09%
Average Renter Household Size 2.69
Average Household Size 2.81
Median Household Income $47,200 ±$24,963
Median Rent $1,335 ±$396
Percentage Of Renters Overburdened 60.49% ± 36.49pp
Total Population 2,495

Population and Household Demographics

Point Clear is a city in Baldwin County, Alabama with a population of 2,495. There are 888 households in the city with an average household size of 2.81 persons. 23.09% of households in Point Clear are renters.

Income and Rent Overburden in Point Clear

The median gross income for households in Point Clear is $47,200 a year, or $3,933 a month. The median rent for the city is $1,335 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Point Clear, a household making less than $4,450 a month would be considered overburdened when renting an apartment at or above the median rent. 60.49% of households who rent are overburdened in Point Clear.

Area Median Income In Point Clear

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 Point Clear, the AMI is calculated from all households within Baldwin County.

In Point Clear, HUD calculates the Area Median Income for a family of four as $85,500

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 Point Clear

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 Point Clear

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 Point Clear AMI may qualify for rental assistance programs that target Extremely Low Income households.
$18,000 $20,550 $23,100 $27,750 $32,470 $37,190 $41,910 $46,630
50% AMI Income Limits
Renters earning up to 50% of the Point Clear AMI may qualify for rental assistance programs that target Very Low Income households.
$29,950 $34,200 $38,500 $42,750 $46,200 $49,600 $53,050 $56,450
80% AMI Income Limits
Renters earning up to 80% of the Point Clear AMI may qualify for rental assistance programs that target Low Income households.
$47,900 $54,750 $61,600 $68,400 $73,900 $79,350 $84,850 $90,300