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

Discover affordable housing in Vernon where there are 6+ 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.

Harrison Court Apartments

256 Harrison Court, Vernon, Alabama 35592

Ridgeland Apartments

45375 Hwy 17, Vernon, Alabama 35592

Fox Ridge Apartments

520 County Road 9, Vernon, Alabama 35592

Lamar Haven

45335 Highway 17, Vernon, Alabama 35592

Ridgeland Manor

45375 Hwy 17 North, Vernon, Alabama

Vernon Courts

9400 Highway 18, Vernon, Alabama 35592

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Vernon, Alabama
$16.23/hour
$8.98 (+124%) more than Alabama minimum wage and $8.98 (+124%) more than the Federal minimum wage.
Learn More About Vernon, Alabama Affordable Housing ↓

What HUD offices serve Vernon, 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 Public Housing programs for Vernon, Alabama.

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

How many renters live in Vernon, Alabama?

The City of Vernon has 1,801 people living in 743 households.

There are 860 renters living in 394 renter households in this City. Renters make up 47.75 percent of the population living in Vernon.

What is the rental market like in Vernon, Alabama?

There are an estimated 1,024 housing units in the Vernon area. Of these, 578 units are rental homes, making up 56 percent of the housing market. For every renter household in Vernon, Alabama, there are 1 rental units.

What is the vacancy rate for rentals in Vernon?

The rental vacancy rate in Vernon is 26 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 Vernon for each bedroom size?

Occupied Rental Units by Size in Vernon
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
63 46 233 42 10
Occupied Rental Units by Size in Vernon

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

Among renter households in this market, 47 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 Vernon

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $716 to $1,283. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $716
One BR $720
Two BR $857
Three BR $1,208
Four BR $1,283
2024 Fair Market Rents in Vernon, Alabama

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

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 63 100 percent
One BR 45 98 percent
Two BR 222 95 percent
Rental Units Below FMR in Vernon, Alabama

How many affordable rental units are in Vernon?

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

Federal Program Unit Count
Low Income Housing Tax Credit 40
Public Housing 145
Section 8 Project-Based Rental Assistance 50
Section 811 Supportive Housing for Persons with Disabilities 6
USDA Section 515 Rural Rental Housing 20
Tracked Units by Federal Program in Vernon, Alabama

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

Income Based Apartments in Vernon, Alabama

Vernon features 222 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 Vernon, Alabama

There are 58 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Vernon.

Housing Choice Vouchers in Vernon, Alabama

On average, Section 8 Housing Choice vouchers pay Vernon landlords $300 per month towards rent. The average voucher holder contributes $200 towards rent in Vernon.

The maximum amount a voucher would pay on behalf of a low-income tenant in Vernon, Alabama for a two-bedroom apartment is between $771 and $943.

Sourced from federal housing data and AffordableHousingOnline.com research.