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

Discover affordable housing in Slocomb where there are 2+ 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.

Geneva County Apts

Slocomb Villas, Slocomb, Alabama

Carroll and Cole Homes

674 W Bateman Ave, Slocomb, Alabama 36375

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Slocomb, Alabama
$17.12/hour
$9.87 (+136%) more than Alabama minimum wage and $9.87 (+136%) more than the Federal minimum wage.
Learn More About Slocomb, Alabama Affordable Housing ↓

What HUD offices serve Slocomb, Alabama?

Public Housing Agencies operate federally assisted affordable housing programs at local levels on behalf of HUD. Notably, housing agencies are responsible for managing Section 8 Housing Choice Voucher, Public Housing, and Project-Based Voucher waiting lists within their jurisdiction.

Operates the Section 8 Housing Choice Voucher (HCV), Public Housing, Family Self-Sufficiency, Section 8 Project-Based Voucher (PBV), Rental Assistance Demonstration (RAD) programs for Slocomb, Alabama.

Go to the Alabama Public Housing and Low-Income Apartments Waiting Lists page for openings near Slocomb.

How many renters live in Slocomb, Alabama?

The City of Slocomb has 1,860 people living in 747 households.

There are 724 renters living in 282 renter households in this City. Renters make up 38.92 percent of the population living in Slocomb.

What is the rental market like in Slocomb, Alabama?

There are an estimated 885 housing units in the Slocomb area. Of these, 295 units are rental homes, making up 33 percent of the housing market. For every renter household in Slocomb, Alabama, there are 1 rental units.

What is the vacancy rate for rentals in Slocomb?

The rental vacancy rate in Slocomb is 4 percent. This is a lower than average vacancy rate. When rental vacancy rates are low there are fewer available units. Rents tend to be higher as more people compete for scarce housing.

How many rental units are in Slocomb for each bedroom size?

Occupied Rental Units by Size in Slocomb
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
0 23 163 49 47
Occupied Rental Units by Size in Slocomb

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

Among renter households in this market, 38 percent have housing cost burden. Further, 22 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 Slocomb

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $735 to $1,386. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $735
One BR $739
Two BR $904
Three BR $1,220
Four BR $1,386
2024 Fair Market Rents in Slocomb, Alabama

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

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 9 39 percent
Two BR 126 77 percent
Rental Units Below FMR in Slocomb, Alabama

How many affordable rental units are in Slocomb?

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

Federal Program Unit Count
Public Housing 14
Tracked Units by Federal Program in Slocomb, Alabama

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

Income Based Apartments in Slocomb, Alabama

Slocomb features 65 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 Slocomb, Alabama

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

Housing Choice Vouchers in Slocomb, Alabama

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Slocomb, Alabama for a two-bedroom apartment is between $814 and $994.

Sourced from federal housing data and AffordableHousingOnline.com research.