Low Income Apartments and Affordable Housing For Rent in Lafayette, GA

Discover affordable housing in Lafayette where there are 14+ housing opportunities based on income and household needs like accessible units for seniors or persons with disabilities. Find and apply to these low income apartments now.

Lucky Pointe

307 Stanfield Rd, Lafayette, Georgia 30728

Yester Oaks Apartments

51 Yester Oaks Dr, Lafayette, Georgia 30728

Carriage Hill Apartments

1135 Campbell Avenue, Lafayette, Georgia 30728

Lafayette Gardens Apartments

709 Patterson Road Box 21, Lafayette, Georgia 30728

Woodlands Village II

1201 W North Main St, Lafayette, Georgia 30728

Woodlands Village

1201 N Main St, Lafayette, Georgia 30728

Abbington Linwood

8A Probasco Street, Lafayette, Georgia 30278

Briarwood ( Jesup Manor ) Apartments

501 McLemore St, Lafayette, Georgia 30728

Town Creek Apartments

300 Cooper Street, Lafayette, Georgia 30728

Lafayette Garden Apartments

709 Patterson Rd, Lafayette, Georgia 30728

Amberwood Apartments

1212 W. N.Main St, Lafayette, Georgia

Patterson Hghts

101 Foster Cir, Lafayette, Georgia 30728

Bryan Hms General Hms

708 Thompson St, Lafayette, Georgia 30728

Bryan Hms General Hms

915 Thornton St, Lafayette, Georgia 30728

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Lafayette, Georgia
$23.33/hour
$16.08 (+222%) more than Georgia minimum wage and $16.08 (+222%) more than the Federal minimum wage.
Learn More About Lafayette, Georgia Affordable Housing ↓

What HUD offices serve Lafayette, Georgia?

Public Housing Agencies operate federally assisted affordable housing programs at local levels on behalf of HUD. Notably, housing agencies are responsible for managing Section 8 Housing Choice Voucher, Public Housing, and Project-Based Voucher waiting lists within their jurisdiction.

Operates the Public Housing programs for Lafayette, Georgia.
Operates the Section 8 Housing Choice Voucher (HCV), Homeownership Voucher, Family Self-Sufficiency, Veteran Affairs Supportive Housing (VASH), Section 8 Project-Based Voucher (PBV) programs for Lafayette, Georgia.

Go to the Georgia Public Housing and Low-Income Apartments Waiting Lists page for openings near Lafayette.

How many renters live in Lafayette, Georgia?

The City of Lafayette has 6,929 people living in 2,851 households.

There are 3,029 renters living in 1,529 renter households in this City. Renters make up 43.71 percent of the population living in Lafayette.

What is the rental market like in Lafayette, Georgia?

There are an estimated 3,052 housing units in the Lafayette area. Of these, 1,572 units are rental homes, making up 52 percent of the housing market. For every renter household in Lafayette, Georgia, there are 1 rental units.

What is the vacancy rate for rentals in Lafayette?

The rental vacancy rate in Lafayette is 3 percent. This is a lower than average vacancy rate. When rental vacancy rates are low there are fewer available units. Rents tend to be higher as more people compete for scarce housing.

How many rental units are in Lafayette for each bedroom size?

Occupied Rental Units by Size in Lafayette
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
44 308 811 325 41
Occupied Rental Units by Size in Lafayette

A large number of apartments in Lafayette have two or fewer bedrooms. Seniors and young professionals especially may have more success finding an apartment that meets their needs.

How many renter households in Lafayette are overburdened by housing costs?

Among renter households in this market, 47 percent have housing cost burden. Further, 10 percent of households are extremely rent overburdened. When renters pay too much for their housing, it leaves little money for other necessities like food, clothes, or medicine.

The federal government says that renters are cost-burdened if they pay more than a third of their monthly income for rent and utilities.

How Much Is Rent in Lafayette

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $1,068 to $1,784. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $1,068
One BR $1,085
Two BR $1,232
Three BR $1,569
Four BR $1,784
2024 Fair Market Rents in Lafayette, Georgia

How many units are rented at Fair Market Rent (FMR) in Lafayette?

Renters with a Section 8 Housing Choice Voucher must select a home that is at or below the area’s Fair Market Rent. Markets with a large share of units above FMR tend to have longer search times to find a qualified unit, while those with a large share of units below FMR tend to have more choices and shorter search times. The share below FMR can vary by size of unit, as shown in the table below.

These are the approximate number of units renting below the FMR in this market:

Unit Size Count of Units Below FMR Percentage of Total Units Below FMR
Studio 6 14 percent
One BR 281 91 percent
Two BR 680 84 percent
Rental Units Below FMR in Lafayette, Georgia

How many affordable rental units are in Lafayette?

There are a variety of federal affordable housing programs serving households in Lafayette, Georgia including the following:

Federal Program Unit Count
Low Income Housing Tax Credit 164
Public Housing 243
Section 8 Project-Based Rental Assistance 16
Section 811 Supportive Housing for Persons with Disabilities 21
USDA Section 515 Rural Rental Housing 160
Tracked Units by Federal Program in Lafayette, Georgia

Rental units may be funded in part by multiple federal programs.

Income Based Apartments in Lafayette, Georgia

Lafayette features 456 income based apartments. Tenants of income based apartments typically pay no more than 30% of their income towards rent and utilities.

Low Rent Apartments in Lafayette, Georgia

There are 260 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Lafayette.

Housing Choice Vouchers in Lafayette, Georgia

On average, Section 8 Housing Choice vouchers pay Lafayette landlords $700 per month towards rent. The average voucher holder contributes $300 towards rent in Lafayette.

The maximum amount a voucher would pay on behalf of a low-income tenant in Lafayette, Georgia for a two-bedroom apartment is between $1,109 and $1,355.

Sourced from federal housing data and AffordableHousingOnline.com research.