Low Income Apartments and Affordable Housing For Rent in Marshall County, AL

Discover affordable housing in Marshall County where there are 20+ 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.

Cedar Ridge Apartments

215 Cedar Ridge Dr, Guntersville, Alabama 35976

Lakeview Estates

3515 Wyeth Mountain Rd, Guntersville, Alabama 35976

Cryar Homes

209 S Cahill Rd, Albertville, Alabama 35950

Angela Meadows

2940 George Wallace Dr, Albertville, Alabama 35951

Reserve at Spring Creek

225 Angel Street, Guntersville, Alabama 35976

The Colony Apartments

2020 Alabama Hwy 205 N, Albertville, Alabama 39550

Emerald Court

1105 Head St, Albertville, Alabama 35950

Mill Run Apartments

85 Cedar Ridge Dr, Guntersville, Alabama 35976

Suncrest Apartments

101 Suncrest Rd, Grant, Alabama 35747

Ridgewood Apartments

2500 Deerman St, Guntersville, Alabama 35976

Mountain Lakes Apartments

2300 Deerman St, Guntersville, Alabama 35976

Brookwood Park

912 W Main St, Albertville, Alabama 35950

Willow Creek Apartments

1000 Baltimore Ave, Albertville, Alabama 35950

Ashbrook

67 Ashbrook Ln, Albertville, Alabama 35951

The Cove at Newhaven

1533 Willow Beach Rd, Guntersville, Alabama 35976

Alameda

711 S Broad St, Albertville, Alabama 35950

Addn Martin Manor

702 Ringold St, Guntersville, Alabama 35976

Crain Courts

1600 Gurley St, Guntersville, Alabama 35976

Hembree Homes

1400 West St, Guntersville, Alabama 35976

Cloverset Place

S Miler St, Albertville, Alabama 35950

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Marshall County, Alabama
$16.40/hour
$9.15 (+126%) more than Alabama minimum wage and $9.15 (+126%) more than the Federal minimum wage.
Learn More About Marshall County, Alabama Affordable Housing ↓

What HUD offices serve Marshall County, 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 programs for Marshall County, Alabama.

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

How many renters live in Marshall County, Alabama?

The County of Marshall County has 99,423 people living in 36,611 households.

There are 26,560 renters living in 10,343 renter households in this County. Renters make up 26.71 percent of the population living in Marshall County.

What is the rental market like in Marshall County, Alabama?

There are an estimated 41,767 housing units in the Marshall County area. Of these, 10,869 units are rental homes, making up 26 percent of the housing market. For every renter household in Marshall County, Alabama, there are 1 rental units.

What is the vacancy rate for rentals in Marshall County?

The rental vacancy rate in Marshall County 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 Marshall County for each bedroom size?

Occupied Rental Units by Size in Marshall County
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
130 1,638 4,209 3,767 588
Occupied Rental Units by Size in Marshall County

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

Among renter households in this market, 34 percent have housing cost burden. Further, 14 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 Marshall County

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $655 to $1,170. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $655
One BR $659
Two BR $866
Three BR $1,166
Four BR $1,170
2024 Fair Market Rents in Marshall County, Alabama

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

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 7 5 percent
One BR 1,113 68 percent
Two BR 3,191 76 percent
Rental Units Below FMR in Marshall County, Alabama

How many affordable rental units are in Marshall County?

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

Federal Program Unit Count
Low Income Housing Tax Credit 698
Public Housing 1,006
Section 8 Project-Based Rental Assistance 351
Section 811 Supportive Housing for Persons with Disabilities 3
USDA Section 515 Rural Rental Housing 370
Tracked Units by Federal Program in Marshall County, Alabama

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

Income Based Apartments in Marshall County, Alabama

Marshall County features 847 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 Marshall County, Alabama

There are 407 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Marshall County.

Housing Choice Vouchers in Marshall County, Alabama

On average, Section 8 Housing Choice vouchers pay Marshall County landlords $500 per month towards rent. The average voucher holder contributes $300 towards rent in Marshall County.

The maximum amount a voucher would pay on behalf of a low-income tenant in Marshall County, Alabama for a two-bedroom apartment is between $779 and $953.

Sourced from federal housing data and AffordableHousingOnline.com research.