How many renters live in Rockford, Alabama?
The City of Rockford has 845 people living in 276 households.
There are 146 renters living in 81 renter households in this City. Renters make up 17.28 percent of the population living in Rockford.
What is the rental market like in Rockford, Alabama?
There are an estimated 319 housing units in the Rockford area. Of these, 88 units are rental homes, making up 28 percent of the housing market. For every renter household in Rockford, Alabama, there are 1 rental units.
What is the vacancy rate for rentals in Rockford?
The rental vacancy rate in Rockford is 8 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 Rockford for each bedroom size?
Occupied Rental Units by Size in Rockford
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 0 | 2 | 59 | 18 | 2 |
Occupied Rental Units by Size in Rockford
A large number of apartments in Rockford 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 Rockford are overburdened by housing costs?
Among renter households in this market, 17 percent have housing cost burden. Further, 6 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 Rockford
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $658 to $1,315. FMRs are updated annually by HUD for every city and county nationwide.
| Bed Size | 2024 Fair Market Rents |
| Studio | $658 |
| One BR | $683 |
| Two BR | $879 |
| Three BR | $1,063 |
| Four BR | $1,315 |
2024 Fair Market Rents in Rockford, Alabama
How many units are rented at Fair Market Rent (FMR) in Rockford?
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 | 2 | 100 percent |
| Two BR | 50 | 85 percent |
Rental Units Below FMR in Rockford, Alabama
How many affordable rental units are in Rockford?
There are a variety of federal affordable housing programs serving households in Rockford, Alabama including the following:
| Federal Program | Unit Count |
| Low Income Housing Tax Credit | 19 |
| USDA Section 515 Rural Rental Housing | 38 |
Tracked Units by Federal Program in Rockford, Alabama
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in Rockford, Alabama
Rockford features 38 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 Rockford, Alabama
There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Rockford.
Housing Choice Vouchers in Rockford, Alabama
On average, Section 8 Housing Choice vouchers pay Rockford landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Rockford.
The maximum amount a voucher would pay on behalf of a low-income tenant in Rockford, Alabama for a two-bedroom apartment is between $791 and $967.
Sourced from federal housing data and AffordableHousingOnline.com research.
