About This Property
Cobblestone Creek comprises 56 low-income units in Montevallo, Alabama, serving elderly and disabled residents. The property features 12 one-bedroom and 44 two-bedroom units and has been in service since 2006. Financing includes HOME funds and 9% Low-Income Housing Tax Credits.
Waitlist Information
Waitlist managed by Housing Authority of the Town of Montevallo
Currently accepting applications for 2 Bedroom apartments ONLY for Low Income Public Housing. The waiting list will remain open until further notice. A local preference system applies.
The Section 8 waitlist for Montevallo, AL is currently closed.
Waitlist data provided by section8waitlist.org
Updated April 17, 2026
Property Details
Fair Market Rent - Shelby 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 | $983 |
| 1 Bedroom | $1,109 |
| 2 Bedroom | $1,245 |
| 3 Bedroom | $1,570 |
| 4 Bedroom | $1,752 |
Income Limits - Shelby County, AL
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $16,100
- Very Low (50%)
- $26,850
- Low (80%)
- $42,950
- Extremely Low (30%)
- $18,400
- Very Low (50%)
- $30,700
- Low (80%)
- $49,100
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $34,550
- Low (80%)
- $55,250
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $38,350
- Low (80%)
- $61,350
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $41,450
- Low (80%)
- $66,300
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $44,500
- Low (80%)
- $71,200
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $47,600
- Low (80%)
- $76,100
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $50,650
- Low (80%)
- $81,000
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $16,100 | $26,850 | $42,950 |
| 2 Persons | $18,400 | $30,700 | $49,100 |
| 3 Persons | $21,960 | $34,550 | $55,250 |
| 4 Persons | $26,500 | $38,350 | $61,350 |
| 5 Persons | $31,040 | $41,450 | $66,300 |
| 6 Persons | $35,580 | $44,500 | $71,200 |
| 7 Persons | $40,120 | $47,600 | $76,100 |
| 8 Persons | $44,660 | $50,650 | $81,000 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Montevallo, AL?+
The Fair Market Rent (FMR) for Shelby County, AL is: $983 (Studio), $1109 (1BR), $1245 (2BR), $1570 (3BR), $1752 (4BR). Actual rent at subsidized properties like Cobblestone Creek is typically 30% of household income or less.
What size apartments are available at Cobblestone Creek?+
Cobblestone Creek offers the following unit types: 12 One-Bedroom, 44 Two-Bedroom units, for a total of 56 units.
What is the price range for apartments in Montevallo, AL?+
Based on Fair Market Rent for Shelby County, the estimated price range is: 1-bedroom: $1109, 2-bedroom: $1245. Actual rent at Cobblestone Creek may be lower for income-eligible households.
What are the income limits for affordable housing in Shelby County, AL?+
For a 4-person household in Shelby County, AL, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $38,350, Low Income (80% AMI): $61,350. These limits are set by HUD and updated annually.
Is there a waitlist for Cobblestone Creek?+
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 Cobblestone Creek?+
Cobblestone Creek primarily serves elderly residents, persons with disabilities. 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 Cobblestone Creek?+
Cobblestone Creek 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 Cobblestone Creek?+
Cobblestone Creek is managed by . You can reach them at . Visit their website for more 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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