Affordable Housing In Sardis City
Etowah County, Alabama

Guide To Affordable Housing in Sardis City, Alabama

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

Income Based Apartments in Sardis City, Alabama

Sardis City 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 Sardis City, Alabama

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

Housing Choice Vouchers in Sardis City, Alabama

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Sardis City, Alabama for a two-bedroom apartment is between $639 and $781.

2022 Sardis City, 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
Sardis City, Alabama Fair Market Rent $547 $580 $710 $894 $970
Sardis City, Alabama Payment Standard Range $492 to $602 $522 to $638 $639 to $781 $805 to $983 $873 to $1,067

Sourced from federal housing data and AffordableHousingOnline.com research.

Sardis City, 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 13.67%
Average Renter Household Size 2.55
Average Household Size 2.63
Median Household Income $51,681 ±$6,517
Median Rent $635 ±$98
Percentage Of Renters Overburdened 38.37% ± 23.08pp
Total Population 1,654

Population and Household Demographics

Sardis City is a city in Etowah County, Alabama with a population of 1,654. There are 629 households in the city with an average household size of 2.63 persons. 13.67% of households in Sardis City are renters.

Income and Rent Overburden in Sardis City

The median gross income for households in Sardis City is $51,681 a year, or $4,307 a month. The median rent for the city is $635 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Sardis City, a household making less than $2,117 a month would be considered overburdened when renting an apartment at or above the median rent. 38.37% of households who rent are overburdened in Sardis City.

Area Median Income In Sardis City

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 Sardis City, the AMI is calculated from all households within Etowah County.

In Sardis City, HUD calculates the Area Median Income for a family of four as $59,700

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 Sardis City

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 Sardis City

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 Sardis City AMI may qualify for rental assistance programs that target Extremely Low Income households.
$13,590 $18,310 $23,030 $27,750 $32,470 $36,700 $39,200 $41,750
50% AMI Income Limits
Renters earning up to 50% of the Sardis City AMI may qualify for rental assistance programs that target Very Low Income households.
$22,150 $25,300 $28,450 $31,600 $34,150 $36,700 $39,200 $41,750
80% AMI Income Limits
Renters earning up to 80% of the Sardis City AMI may qualify for rental assistance programs that target Low Income households.
$35,400 $40,450 $45,500 $50,550 $54,600 $58,650 $62,700 $66,750