About This Property
Cosby Rentals comprises 20 two-bedroom units designated for low-income families in Selma, Alabama. The property has been in service since 1990 and operates under 4% Low-Income Housing Tax Credit financing. The community is managed to provide affordable rental housing in Dallas County.
Waitlist Information
Waitlist managed by Selma Housing Authority
The waiting list is currently accepting applications until further notice. No specific preferences are listed for the Low Rent Public Housing program.
The waiting list last accepted applications from May 3, 2024, until June 3, 2024. No specific preferences confirmed for Selma Housing Authority's HCV program, though general Alabama Section 8 preferences include elderly, disabled, homeless, those in substandard housing, paying over 50% of income for rent, or involuntarily displaced.
Waitlist data provided by section8waitlist.org
Updated April 17, 2026
Property Details
Fair Market Rent - Dallas 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 | $653 |
| 1 Bedroom | $694 |
| 2 Bedroom | $912 |
| 3 Bedroom | $1,129 |
| 4 Bedroom | $1,215 |
Income Limits - Dallas County, AL
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $12,880
- Very Low (50%)
- $19,300
- Low (80%)
- $30,900
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $22,050
- Low (80%)
- $35,300
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $24,800
- Low (80%)
- $39,700
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $27,550
- Low (80%)
- $44,100
- Extremely Low (30%)
- $29,800
- Very Low (50%)
- $29,800
- Low (80%)
- $47,650
- Extremely Low (30%)
- $32,000
- Very Low (50%)
- $32,000
- Low (80%)
- $51,200
- Extremely Low (30%)
- $34,200
- Very Low (50%)
- $34,200
- Low (80%)
- $54,700
- Extremely Low (30%)
- $36,400
- Very Low (50%)
- $36,400
- Low (80%)
- $58,250
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $12,880 | $19,300 | $30,900 |
| 2 Persons | $17,420 | $22,050 | $35,300 |
| 3 Persons | $21,960 | $24,800 | $39,700 |
| 4 Persons | $26,500 | $27,550 | $44,100 |
| 5 Persons | $29,800 | $29,800 | $47,650 |
| 6 Persons | $32,000 | $32,000 | $51,200 |
| 7 Persons | $34,200 | $34,200 | $54,700 |
| 8 Persons | $36,400 | $36,400 | $58,250 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Selma, AL?+
The Fair Market Rent (FMR) for Dallas County, AL is: $653 (Studio), $694 (1BR), $912 (2BR), $1129 (3BR), $1215 (4BR). Actual rent at subsidized properties like Cosby Rentals is typically 30% of household income or less.
What size apartments are available at Cosby Rentals?+
Cosby Rentals offers the following unit types: 20 Two-Bedroom units, for a total of 20 units.
Who is eligible to live at Cosby Rentals?+
Cosby Rentals primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
How do I apply for housing at Cosby Rentals?+
Cosby Rentals 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 manages Cosby Rentals?+
Cosby Rentals is managed by . You can reach them at . Visit their website for more information.
What is the price range for apartments in Selma, AL?+
Based on Fair Market Rent for Dallas County, the estimated price range is: 2-bedroom: $912. Actual rent at Cosby Rentals may be lower for income-eligible households.
What are the income limits for affordable housing in Dallas County, AL?+
For a 4-person household in Dallas County, AL, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $27,550, Low Income (80% AMI): $44,100. These limits are set by HUD and updated annually.
Is there a waitlist for Cosby Rentals?+
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.
Contact Information
Walk Score
Almost All Errands Require a Car
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
