What HUD offices serve Vestavia Hills, 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.
Go to the Alabama Public Housing and Low-Income Apartments Waiting Lists page for openings near Vestavia Hills.
How many renters live in Vestavia Hills, Alabama?
The City of Vestavia Hills has people living in households.
There are renters living in renter households in this City. Renters make up 17.04 percent of the population living in Vestavia Hills.
What is the rental market like in Vestavia Hills, Alabama?
There are an estimated housing units in the Vestavia Hills area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Vestavia Hills, Alabama, there are 1.11 rental units.
What is the vacancy rate for rentals in Vestavia Hills?
The rental vacancy rate in Vestavia Hills is 7 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 Vestavia Hills for each bedroom size?
Occupied Rental Units by Size in Vestavia Hills
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 139 | 783 | 1,845 | 691 | 25 |
Occupied Rental Units by Size in Vestavia Hills
A large number of apartments in Vestavia Hills 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 Vestavia Hills
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 Vestavia Hills, Alabama
How many units are rented at Fair Market Rent (FMR) in Vestavia Hills?
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 | 251 | 32 percent |
| Two BR | 567 | 31 percent |
Rental Units Below FMR in Vestavia Hills, Alabama
How many affordable rental units are in Vestavia Hills?
Income Based Apartments in Vestavia Hills, Alabama
Vestavia Hills 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 Vestavia Hills, Alabama
There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Vestavia Hills.
Housing Choice Vouchers in Vestavia Hills, Alabama
On average, Section 8 Housing Choice vouchers pay Vestavia Hills landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Vestavia Hills.
The maximum amount a voucher would pay on behalf of a low-income tenant in Vestavia Hills, Alabama for a two-bedroom apartment is between $1,121 and $1,370.
Sourced from federal housing data and AffordableHousingOnline.com research.