How many renters live in Trafford, Alabama?
The City of Trafford has people living in households.
There are renters living in renter households in this City. Renters make up 45.01 percent of the population living in Trafford.
What is the rental market like in Trafford, Alabama?
There are an estimated housing units in the Trafford area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Trafford, Alabama, there are 1.12 rental units.
What is the vacancy rate for rentals in Trafford?
The rental vacancy rate in Trafford is 11 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 Trafford for each bedroom size?
Occupied Rental Units by Size in Trafford
Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
---|---|---|---|---|
8 | 8 | 25 | 41 | 0 |
Occupied Rental Units by Size in Trafford
A large number of apartments in Trafford have two or fewer bedrooms. Seniors and young professionals especially may have more success finding an apartment that meets their needs.
How Much Is Rent in Trafford
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $983 to $1,752. FMRs are updated annually by HUD for every city and county nationwide.
Bed Size | 2024 Fair Market Rents |
Studio | $983 |
One BR | $1,109 |
Two BR | $1,245 |
Three BR | $1,570 |
Four BR | $1,752 |
2024 Fair Market Rents in Trafford, Alabama
How many units are rented at Fair Market Rent (FMR) in Trafford?
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 | 8 | 100 percent |
One BR | 6 | 75 percent |
Two BR | 24 | 96 percent |
Rental Units Below FMR in Trafford, Alabama
How many affordable rental units are in Trafford?
There are a variety of federal affordable housing programs serving households in Trafford, Alabama including the following:
Federal Program | Unit Count |
Public Housing |
Tracked Units by Federal Program in Trafford, Alabama
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in Trafford, Alabama
Trafford 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 Trafford, Alabama
There are 36 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Trafford.
Housing Choice Vouchers in Trafford, Alabama
On average, Section 8 Housing Choice vouchers pay Trafford landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Trafford.
The maximum amount a voucher would pay on behalf of a low-income tenant in Trafford, Alabama for a two-bedroom apartment is between $1,121 and $1,370.
Sourced from federal housing data and AffordableHousingOnline.com research.