About This Property
Oswalt Rental Properties III comprises 2 three-bedroom units designated as low-income housing in Tuscaloosa, Alabama. The property has been in service since 1992 and participates in the 9% Low-Income Housing Tax Credit program. These units serve families seeking affordable rental housing in Tuscaloosa County.
Waitlist Information
Waitlist managed by Tuscaloosa Housing Authority
Pre-applications are currently accepted for families and senior/disabled households for 11 communities. Applicants are placed on the waiting list by application date and time, and each development has a separate waiting list.
The Section 8 Waiting List is closed until further notice.
Waitlist data provided by section8waitlist.org
Updated July 8, 2026
Property Details
Fair Market Rent - Tuscaloosa 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 | $903 |
| 1 Bedroom | $909 |
| 2 Bedroom | $1,125 |
| 3 Bedroom | $1,415 |
| 4 Bedroom | $1,498 |
Income Limits - Tuscaloosa County, AL
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $14,900
- Very Low (50%)
- $24,850
- Low (80%)
- $39,700
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $28,400
- Low (80%)
- $45,400
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $31,950
- Low (80%)
- $51,050
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $35,450
- Low (80%)
- $56,700
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $38,300
- Low (80%)
- $61,250
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $41,150
- Low (80%)
- $65,800
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $44,000
- Low (80%)
- $70,350
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $46,800
- Low (80%)
- $74,850
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $14,900 | $24,850 | $39,700 |
| 2 Persons | $17,420 | $28,400 | $45,400 |
| 3 Persons | $21,960 | $31,950 | $51,050 |
| 4 Persons | $26,500 | $35,450 | $56,700 |
| 5 Persons | $31,040 | $38,300 | $61,250 |
| 6 Persons | $35,580 | $41,150 | $65,800 |
| 7 Persons | $40,120 | $44,000 | $70,350 |
| 8 Persons | $44,660 | $46,800 | $74,850 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Tuscaloosa, AL?+
The Fair Market Rent (FMR) for Tuscaloosa County, AL is: $903 (Studio), $909 (1BR), $1125 (2BR), $1415 (3BR), $1498 (4BR). Actual rent at subsidized properties like Oswalt Rental Properties Iii is typically 30% of household income or less.
What size apartments are available at Oswalt Rental Properties Iii?+
Oswalt Rental Properties Iii offers the following unit types: 2 Three-Bedroom units, for a total of 2 units.
What is the price range for apartments in Tuscaloosa, AL?+
Based on Fair Market Rent for Tuscaloosa County, the estimated price range is: 3-bedroom: $1415. Actual rent at Oswalt Rental Properties Iii may be lower for income-eligible households.
Who manages Oswalt Rental Properties Iii?+
Oswalt Rental Properties Iii is managed by . You can reach them at .
What are the income limits for affordable housing in Tuscaloosa County, AL?+
For a 4-person household in Tuscaloosa County, AL, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $35,450, Low Income (80% AMI): $56,700. These limits are set by HUD and updated annually.
How do I apply for housing at Oswalt Rental Properties Iii?+
Oswalt Rental Properties Iii is a Low-Income Housing Tax Credit (LIHTC) property. To apply, you can start by calling , 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.
Is there a waitlist for Oswalt Rental Properties Iii?+
Public Housing waitlist is currently Open. 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.
Who is eligible to live at Oswalt Rental Properties Iii?+
Oswalt Rental Properties Iii primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
Walk Score
Car-Dependent
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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