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
Accepting pre-applications for families and senior/disabled households. Placement on the waiting list is based on the time and date of application, 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 April 17, 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 |
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.
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.
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.
Who manages Oswalt Rental Properties Iii?+
Oswalt Rental Properties Iii is managed by . You can reach them at .
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.
Walk Score
Car-Dependent
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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