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

Discover affordable housing in Tallassee where there are 7+ 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.

Hillcrest Apartments

161 Hillcrest St, Tallassee, Alabama 36078

Tallassee Villas

165 E Patton St, Tallassee, Alabama 36078

Quail Run Apartments

32 Quail Run Dr, Tallassee, Alabama 36078

Tallassee Ha

601 Poplar St, Tallassee, Alabama 36078

Tallassee Estates

119 Joy Street, Tallassee, Alabama

Tallassee Garden Apartments

220 Friendship Road, Tallassee, Alabama

Timberlane Apts

2695 Gilmer Avenue, Tallassee, Alabama

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Tallassee, Alabama
$20.68/hour
$13.43 (+185%) more than Alabama minimum wage and $13.43 (+185%) more than the Federal minimum wage.
Learn More About Tallassee, Alabama Affordable Housing ↓

What HUD offices serve Tallassee, 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, Homeownership programs for Tallassee, Alabama.
Operates the Section 8 Housing Choice Voucher (HCV), Public Housing programs for Tallassee, Alabama.

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

How many renters live in Tallassee, Alabama?

The City of Tallassee has 5,174 people living in 2,069 households.

There are 2,595 renters living in 972 renter households in this City. Renters make up 50.15 percent of the population living in Tallassee.

What is the rental market like in Tallassee, Alabama?

There are an estimated 2,318 housing units in the Tallassee area. Of these, 1,003 units are rental homes, making up 43 percent of the housing market. For every renter household in Tallassee, Alabama, there are 1 rental units.

What is the vacancy rate for rentals in Tallassee?

The rental vacancy rate in Tallassee is 3 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 Tallassee for each bedroom size?

Occupied Rental Units by Size in Tallassee
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
18 135 378 441 0
Occupied Rental Units by Size in Tallassee

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

Among renter households in this market, 27 percent have housing cost burden. Further, 24 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 Tallassee

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $836 to $1,753. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $836
One BR $913
Two BR $1,092
Three BR $1,383
Four BR $1,753
2024 Fair Market Rents in Tallassee, Alabama

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

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
Studio 0 100 percent
One BR 86 64 percent
Two BR 322 85 percent
Rental Units Below FMR in Tallassee, Alabama

How many affordable rental units are in Tallassee?

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

Federal Program Unit Count
Low Income Housing Tax Credit 56
Public Housing 73
USDA Section 515 Rural Rental Housing 116
Tracked Units by Federal Program in Tallassee, Alabama

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

Income Based Apartments in Tallassee, Alabama

Tallassee features 228 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 Tallassee, Alabama

There are 115 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Tallassee.

Housing Choice Vouchers in Tallassee, Alabama

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Tallassee, Alabama for a two-bedroom apartment is between $983 and $1,201.

Sourced from federal housing data and AffordableHousingOnline.com research.