About This Property
River Valley is a 56-unit affordable housing community in Decatur, Alabama, serving families and disabled residents. The property includes 14 one-bedroom units, 28 two-bedroom units, and 14 three-bedroom units, all designated as low-income housing. Placed in service in 1995 and financed through HOME funding and 9% LIHTC credits, the community continues to provide housing options in Morgan County.
Waitlist Information
Waitlist managed by Housing Authority of the City of Decatur
The waiting lists for East Acres, Sterrs Homes, Westgate Gardens (1-bedroom) and East Acres, Sterrs Homes (2 and 3-bedroom), and Jordan-Neill, Summer Manor (1-bedroom Senior Public Housing) were last open in early 2025.
The website mentions 'Section 8' but the page is not found. Another news item states 'Waitlists are closed' and 'Project Based Voucher Program Waiting List Closed'.
Waitlist data provided by section8waitlist.org
Updated July 7, 2026
Property Details
Fair Market Rent - Morgan County, AL
FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.
| Bedrooms | FMR |
|---|---|
| Studio/Efficiency | $740 |
| 1 Bedroom | $763 |
| 2 Bedroom | $924 |
| 3 Bedroom | $1,202 |
| 4 Bedroom | $1,352 |
Income Limits - Morgan County, AL
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $13,300
- Very Low (50%)
- $22,100
- Low (80%)
- $35,350
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $25,250
- Low (80%)
- $40,400
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $28,400
- Low (80%)
- $45,450
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $31,550
- Low (80%)
- $50,500
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $34,100
- Low (80%)
- $54,550
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $36,600
- Low (80%)
- $58,600
- Extremely Low (30%)
- $39,150
- Very Low (50%)
- $39,150
- Low (80%)
- $62,650
- Extremely Low (30%)
- $41,650
- Very Low (50%)
- $41,650
- Low (80%)
- $66,700
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $13,300 | $22,100 | $35,350 |
| 2 Persons | $17,420 | $25,250 | $40,400 |
| 3 Persons | $21,960 | $28,400 | $45,450 |
| 4 Persons | $26,500 | $31,550 | $50,500 |
| 5 Persons | $31,040 | $34,100 | $54,550 |
| 6 Persons | $35,580 | $36,600 | $58,600 |
| 7 Persons | $39,150 | $39,150 | $62,650 |
| 8 Persons | $41,650 | $41,650 | $66,700 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Decatur, AL?+
The Fair Market Rent (FMR) for Morgan County, AL is: $740 (Studio), $763 (1BR), $924 (2BR), $1202 (3BR), $1352 (4BR). Actual rent at subsidized properties like River Valley is typically 30% of household income or less.
What size apartments are available at River Valley?+
River Valley offers the following unit types: 14 One-Bedroom, 28 Two-Bedroom, 14 Three-Bedroom units, for a total of 56 units.
What is the price range for apartments in Decatur, AL?+
Based on Fair Market Rent for Morgan County, the estimated price range is: 1-bedroom: $763, 2-bedroom: $924, 3-bedroom: $1202. Actual rent at River Valley may be lower for income-eligible households.
What are the income limits for affordable housing in Morgan County, AL?+
For a 4-person household in Morgan County, AL, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $31,550, Low Income (80% AMI): $50,500. These limits are set by HUD and updated annually.
How do I apply for housing at River Valley?+
River Valley is a Low-Income Housing Tax Credit (LIHTC) property. To apply, you can start by calling , or visiting their website, or contacting the property management office. Contact the property to learn about availability and application requirements. Eligibility is based on income limits set for the area.
Who is eligible to live at River Valley?+
River Valley primarily serves families, persons with disabilities. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
Who manages River Valley?+
River Valley is managed by . You can reach them at . Visit their website for more information.
Is there a waitlist for River Valley?+
Public Housing waitlist is currently Closed. Section 8 (HCV) waitlist is currently Closed. Waitlist status can change frequently, so check back regularly or contact the housing authority directly for the most up-to-date information.
Contact Information
Walk Score
Almost All Errands Require a Car
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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