Affordable & Low-Income Housing in Bankston, AL 35542
No income-restricted buildings are listed in 35542 — here are the closest ones.
No income-restricted buildings are listed in Bankston, AL 35542. 19 income-restricted buildings are listed nearby (within about 13 miles). These lists don't show openings — call to ask about vacancies and waiting lists.
Closest to 35542
Berry Manor
285 M. F. Cannon Ave, Berry, AL 35546
5.4 mi away
19 units · 18 income-restricted · 1 BR · People with disabilities
Berry Ha
16 Barnes St, Berry, AL 35546
5.5 mi away
60 units · 1–3 BR
- Apply through Housing Authority of the Town of Berry
- Residents waited about 1 month to move in (HUD, Oct 2026)
- Several buildings — call for addresses
Springhill Apts
115 Springhill Dr, Berry, AL 35546
5.6 mi away
42 units · 2 BR
- 1 vacant unit reported (Oct 2026) — call to confirm
Claymont Apartments
1640 2nd Avenue, NE, Fayette, AL 35555
7.5 mi away
40 units · 2 BR
- 6 vacant units reported (Oct 2026) — call to confirm
Brookside Village Apartments
1640 2nd Avenue, NE, Fayette, AL 35555
7.5 mi away
40 units · 1–2 BR
- 2 vacant units reported (Oct 2026) — call to confirm
Johnston Place
416 16th St NE, Fayette, AL 35555
8 mi away
10 units · 9 income-restricted · 1 BR · People with disabilities
Mayfair Manor
705 7th St NE, Fayette, AL 35555
8.2 mi away
47 units · 1–2 BR · People with disabilities
- 3 vacant units reported (Oct 2026) — call to confirm
Valley Cove Apts
804 Fifth Ave NE, Fayette, AL 35555
8.2 mi away
40 units · 1–3 BR · People with disabilities
Yester Oak Apts
612 7th St NE, Fayette, AL 35555
8.2 mi away
56 units · 1–2 BR
- 3 vacant units reported (Oct 2026) — call to confirm
East Side Apartments
820 5th Ave NE, Fayette, AL 35555
8.2 mi away
44 units · 1–3 BR
- Several buildings — call for addresses
East Side Apts
820 Fifth Ave NE, Fayette, AL 35555
8.2 mi away
44 units · 1–3 BR · People with disabilities
- Affordability period may have ended — call to confirm
Spring Hills Homes
5980 Hwy. l59, Fayette, AL 35555
8.4 mi away
11 units · 10 income-restricted · 1 BR · People with disabilities
Brookside Apts
1620 Second Ave NE, Fayette, AL 35555
8.5 mi away
40 units
- Affordability period may have ended — call to confirm
Fayette Ha
628 4th Ave SW, Fayette, AL 35555
9.2 mi away
151 units · 1–3 BR
- Apply through Housing Authority of the City of Fayette
- Residents waited about 2 months to move in (HUD, Oct 2026)
Terrace Park Apartments
744 6th St SW, Fayette, AL 35555
9.5 mi away
50 units · 1–3 BR · People with disabilities
Forest Ridge
106 Forest Ridge Cir, Carbon Hill, AL 35549
15.9 mi away
40 units · 1–3 BR · People with disabilities
Willow Tree Apts
835 4th Ave NE, Carbon Hill, AL 35549
16 mi away
24 units · 1–2 BR
- 13 vacant units reported (Oct 2026) — call to confirm
Meadowview
110 2nd Way NW, Carbon Hill, AL 35549
16.2 mi away
110 units · 1–3 BR
- Apply through Housing Authority of the City of Carbon Hill
- Residents waited about 6 months to move in (HUD, Oct 2026)
C.A.P.E.
696 Eleven Foot RD, Carbon Hill, AL 35549
18.2 mi away
6 units · 1 BR · People with disabilities
No nearby buildings match this filter.
Rents and income limits in 35542
- Fair market rent, 2 bedrooms
- $930/mo
- Income needed to pay it at 30% of income
- $37,200/yr
Income limits (2026)
Fayette County, AL area · median family income $68,600. Your household's yearly income before taxes must be at or below the limit.
| People | Extremely low 30% | Very low 50% | Low 80% |
|---|---|---|---|
| 1 | $15,960 | $26,000 | $41,550 |
| 2 | $21,640 | $29,700 | $47,500 |
| 3 | $27,320 | $33,400 | $53,450 |
| 4 | $33,000 | $37,100 | $59,350 |
| 5 | $38,680 | $40,100 | $64,100 |
| 6 | $43,050 | $43,050 | $68,850 |
| 7 | $46,050 | $46,050 | $73,600 |
| 8 | $49,000 | $49,000 | $78,350 |
Section 8 vouchers: up to the 50% limit, and most go to households under 30%. Public housing: up to 80%. Tax-credit apartments: usually up to 60% of median income, between the 50% and 80% columns.
Fair market rents (2027)
HUD's estimate of rent plus utilities for a modest home. Housing authorities set Section 8 voucher limits from it.
| Size | 35542 | Wider area |
|---|---|---|
| Studio | $720 | $720 |
| 1 bedroom | $800 | $802 |
| 2 bedrooms | $930 | $921 |
| 3 bedrooms | $1,270 | $1,275 |
| 4 bedrooms | $1,390 | $1,368 |
Wider area = Fayette County, AL. Two-bedroom fair market rents in 4 nearby ZIPs range from $920 (35549) to $1,060 (35546).
Census figures for 35542 (2020–2024 average): Median household income $44,674. 10% of homes are rented.
Sources: HUD income limits FY2026; HUD Fair Market Rents FY2027 (Small Area FMR for ZIP figures); U.S. Census Bureau American Community Survey 5-year 2020–2024. Each program and building can set its own limits — confirm with the property.
Estimate your Section 8 rent share
Project-based Section 8 is on the buildings above. A Housing Choice Voucher is different: you apply with the housing authority, then find a landlord who takes it. Your share of rent is based on income — not always 30%. The calculator uses 35542's fair market rent.
Estimate your Section 8 rent share for 35542Frequently Asked Questions
Is there Section 8 housing in Bankston, AL 35542?
Yes — this directory lists income-restricted buildings in Bankston, AL 35542, including project-based Section 8 apartments (the subsidy stays with the unit), public housing, tax-credit, and USDA rural rentals. Housing Choice Vouchers are different: you apply with the local housing authority and can use them at a private landlord. Estimate your voucher rent share with the Section 8 calculator.
Do affordable housing buildings in Bankston, AL 35542 have openings?
These lists for Bankston, AL 35542 don't show openings. Call the property (or the housing authority, for public housing) to ask about vacancies and waiting lists.
How do I apply for affordable housing in Bankston, AL 35542?
Use the phone number on each building card in Bankston, AL 35542. Public housing is run by the local housing authority — apply with them, not at the building. USDA rural rentals can also be found through USDA's property search.
What counts as affordable housing in Bankston, AL 35542?
In Bankston, AL 35542, this directory lists income-restricted rentals from HUD tax-credit (LIHTC) records, public housing, HUD-assisted buildings (including project-based Section 8, 202, and 811), and USDA Rural Development.
How many affordable housing buildings are in ZIP 35542?
No income-restricted buildings are listed in ZIP 35542 right now. 19 nearby buildings are shown on this page. Call to confirm openings.
Is there affordable housing near 35542?
Yes — this page also lists 19 income-restricted buildings in ZIP codes near Bankston, AL 35542 (within about 13 miles). Pick a nearby ZIP to see every building there.
People Also Ask
How do I qualify for affordable housing in Bankston, AL 35542?
Most income-restricted buildings in Bankston, AL 35542 serve households at or below 50% or 80% of area median income. HUD's 2026 very low-income (50%) limit for a 1-person household is $26,000, and $37,100 for a 4-person household. Public housing can go up to 80% ($41,550 for 1 person). Each building sets its own cap — call to confirm before you apply. Citizenship, household size, and local preferences can also apply.
What is the income limit for low-income housing in Bankston, AL 35542?
For many programs in Bankston, AL 35542, the 2026 HUD very low-income (50%) limit is $26,000 a year for 1 person and $37,100 for 4 people. The low-income (80%) limit is $41,550 for 1 person. Tax-credit buildings often use 60% of median income. Confirm with the property — they can be stricter.
How long is the waiting list for Section 8 in Bankston, AL 35542?
There is no single waiting list for Bankston, AL 35542. Public housing, project-based Section 8, and tax-credit buildings each keep their own list. Housing Choice Voucher lists at the housing authority open only sometimes and can stay closed for years. This directory does not show which lists are open — call the number on each card. Some public housing cards show HUD's reported wait in months.
What is the difference between Section 8 and public housing in Bankston, AL 35542?
Public housing is owned by a housing authority — you apply with that agency, not at the building. Project-based Section 8 is a HUD contract on a private building; the subsidy stays with the apartment. A Housing Choice Voucher is different: you apply with the housing authority and can use it at a landlord who takes it. Estimate voucher rent share with the Section 8 calculator.
How much rent do you pay for low-income housing in Bankston, AL 35542?
In public housing and most Section 8 in Bankston, AL 35542, tenants typically pay about 30% of adjusted income. HUD's 2027 fair market rent for a 2-bedroom near Bankston, AL 35542 is $930 a month (rent plus utilities for a modest unit). Tax-credit apartments use set rents below market, not always 30% of income. Call the building for the actual rent; this site is not a vacancy or price list.
Can I use a Section 8 voucher at affordable apartments in Bankston, AL 35542?
A Housing Choice Voucher is not automatically accepted at every building in Bankston, AL 35542. Project-based Section 8 units already have a subsidy on the apartment — you apply there, not with a tenant voucher. For a voucher, apply with the housing authority, then ask each landlord. Estimate your share with the Section 8 calculator.
Is there senior affordable housing in Bankston, AL 35542?
This page may still list buildings in Bankston, AL 35542 that accept seniors without being senior-only. Use the filters and call to ask about age set-asides.
Nearby ZIP codes
Sources: HUD LIHTC database, 2024 (released Apr 2026); HUD Multifamily Assisted Properties, Oct 2026; HUD Public Housing Developments, Oct 2026; USDA Rural Development multifamily, Oct 2026. Not affiliated with HUD or USDA. Details can be out of date — confirm with the property before applying.
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