About This Property
Forest River Apts comprises 248 low-income units in Gadsden, AL, serving families and disabled residents since 2006. The property offers a mix of one-, two-, and three-bedroom units, with 56 one-bedroom, 128 two-bedroom, and 64 three-bedroom apartments. The development was financed through tax-exempt bonds and receives 4% Low-Income Housing Tax Credit funding.
Waitlist Information
Waitlist managed by Greater Gadsden
Preferences are given to elderly, disabled, and employed applicants.
Waitlist data provided by section8waitlist.org
Updated April 17, 2026
Property Details
Fair Market Rent - Etowah 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 | $637 |
| 1 Bedroom | $817 |
| 2 Bedroom | $940 |
| 3 Bedroom | $1,170 |
| 4 Bedroom | $1,252 |
Income Limits - Etowah County, AL
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $13,350
- Very Low (50%)
- $22,250
- Low (80%)
- $35,600
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $25,400
- Low (80%)
- $40,650
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $28,600
- Low (80%)
- $45,750
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $31,750
- Low (80%)
- $50,800
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $34,300
- Low (80%)
- $54,900
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $36,850
- Low (80%)
- $58,950
- Extremely Low (30%)
- $39,400
- Very Low (50%)
- $39,400
- Low (80%)
- $63,000
- Extremely Low (30%)
- $41,950
- Very Low (50%)
- $41,950
- Low (80%)
- $67,100
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $13,350 | $22,250 | $35,600 |
| 2 Persons | $17,420 | $25,400 | $40,650 |
| 3 Persons | $21,960 | $28,600 | $45,750 |
| 4 Persons | $26,500 | $31,750 | $50,800 |
| 5 Persons | $31,040 | $34,300 | $54,900 |
| 6 Persons | $35,580 | $36,850 | $58,950 |
| 7 Persons | $39,400 | $39,400 | $63,000 |
| 8 Persons | $41,950 | $41,950 | $67,100 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Gadsden, AL?+
The Fair Market Rent (FMR) for Etowah County, AL is: $637 (Studio), $817 (1BR), $940 (2BR), $1170 (3BR), $1252 (4BR). Actual rent at subsidized properties like Forest River Apts is typically 30% of household income or less.
What size apartments are available at Forest River Apts?+
Forest River Apts offers the following unit types: 56 One-Bedroom, 128 Two-Bedroom, 64 Three-Bedroom units, for a total of 248 units.
What are the income limits for affordable housing in Etowah County, AL?+
For a 4-person household in Etowah County, AL, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $31,750, Low Income (80% AMI): $50,800. These limits are set by HUD and updated annually.
What is the price range for apartments in Gadsden, AL?+
Based on Fair Market Rent for Etowah County, the estimated price range is: 1-bedroom: $817, 2-bedroom: $940, 3-bedroom: $1170. Actual rent at Forest River Apts may be lower for income-eligible households.
How do I apply for housing at Forest River Apts?+
Forest River Apts 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 Forest River Apts?+
Forest River Apts is managed by . You can reach them at . Visit their website for more information.
Who is eligible to live at Forest River Apts?+
Forest River Apts primarily serves families, persons with disabilities. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
Is there a waitlist for Forest River Apts?+
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
Car-Dependent
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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