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

Discover affordable housing in Cornelia where there are 6+ 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.

Heritage Gardens Apartments

110 Heritage Garden Dr, Cornelia, Georgia 30531

Baldwin Court Apartments

411 Airport Rd W, Cornelia, Georgia 30531

Peaks of Cornelia

100 Peaks Circle, Cornelia, Georgia 30531

Green Mountain Village

1237 Old Athens Hwy, Cornelia, Georgia 30531

Cornelia Garden Apartments

Cornelia Garden Circle, Cornelia, Georgia 30531

Cornelia

Multiple sites within city limits, Cornelia, Georgia 30531

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Cornelia, Georgia
$17.73/hour
$10.48 (+145%) more than Georgia minimum wage and $10.48 (+145%) more than the Federal minimum wage.
Learn More About Cornelia, Georgia Affordable Housing ↓

What HUD offices serve Cornelia, 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 Section 8 Housing Choice Voucher (HCV), Homeownership Voucher, Family Self-Sufficiency, Veteran Affairs Supportive Housing (VASH), Section 8 Project-Based Voucher (PBV) programs for Cornelia, Georgia.

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

How many renters live in Cornelia, Georgia?

The City of Cornelia has 4,648 people living in 1,535 households.

There are 2,067 renters living in 645 renter households in this City. Renters make up 44.47 percent of the population living in Cornelia.

What is the rental market like in Cornelia, Georgia?

There are an estimated 1,675 housing units in the Cornelia area. Of these, 645 units are rental homes, making up 39 percent of the housing market. For every renter household in Cornelia, Georgia, there are 1 rental units.

What is the vacancy rate for rentals in Cornelia?

The rental vacancy rate in Cornelia is 0 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 Cornelia for each bedroom size?

Occupied Rental Units by Size in Cornelia
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
0 53 370 139 83
Occupied Rental Units by Size in Cornelia

A large number of apartments in Cornelia 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 Cornelia are overburdened by housing costs?

Among renter households in this market, 46 percent have housing cost burden. Further, 12 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 Cornelia

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $634 to $1,310. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $634
One BR $787
Two BR $936
Three BR $1,305
Four BR $1,310
2024 Fair Market Rents in Cornelia, Georgia

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

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
One BR 24 45 percent
Two BR 222 60 percent
Rental Units Below FMR in Cornelia, Georgia

How many affordable rental units are in Cornelia?

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

Federal Program Unit Count
Low Income Housing Tax Credit 68
Section 8 Project-Based Rental Assistance 125
Tracked Units by Federal Program in Cornelia, Georgia

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

Income Based Apartments in Cornelia, Georgia

Cornelia features 198 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 Cornelia, Georgia

There are 384 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Cornelia.

Housing Choice Vouchers in Cornelia, Georgia

On average, Section 8 Housing Choice vouchers pay Cornelia landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Cornelia.

The maximum amount a voucher would pay on behalf of a low-income tenant in Cornelia, Georgia for a two-bedroom apartment is between $842 and $1,030.

Sourced from federal housing data and AffordableHousingOnline.com research.