What HUD offices serve Jonesboro, 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.
Go to the Georgia Public Housing and Low-Income Apartments Waiting Lists page for openings near Jonesboro.
How many renters live in Jonesboro, Georgia?
The City of Jonesboro has 4,415 people living in 1,260 households.
There are 2,385 renters living in 860 renter households in this City. Renters make up 54.02 percent of the population living in Jonesboro.
What is the rental market like in Jonesboro, Georgia?
There are an estimated 1,360 housing units in the Jonesboro area. Of these, 892 units are rental homes, making up 66 percent of the housing market. For every renter household in Jonesboro, Georgia, there are 1 rental units.
What is the vacancy rate for rentals in Jonesboro?
The rental vacancy rate in Jonesboro is 4 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 Jonesboro for each bedroom size?
Occupied Rental Units by Size in Jonesboro
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 87 | 35 | 431 | 259 | 44 |
Occupied Rental Units by Size in Jonesboro
A large number of apartments in Jonesboro 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 Jonesboro are overburdened by housing costs?
Among renter households in this market, 55 percent have housing cost burden. Further, 25 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 Jonesboro
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $1,599 to $2,707. FMRs are updated annually by HUD for every city and county nationwide.
| Bed Size | 2024 Fair Market Rents |
| Studio | $1,599 |
| One BR | $1,643 |
| Two BR | $1,844 |
| Three BR | $2,230 |
| Four BR | $2,707 |
2024 Fair Market Rents in Jonesboro, Georgia
How many units are rented at Fair Market Rent (FMR) in Jonesboro?
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 | 87 | 100 percent |
| One BR | 35 | 100 percent |
| Two BR | 350 | 81 percent |
Rental Units Below FMR in Jonesboro, Georgia
How many affordable rental units are in Jonesboro?
There are a variety of federal affordable housing programs serving households in Jonesboro, Georgia including the following:
| Federal Program | Unit Count |
| Low Income Housing Tax Credit | 183 |
| Public Housing | 30 |
| Section 8 Project-Based Rental Assistance | 182 |
Tracked Units by Federal Program in Jonesboro, Georgia
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in Jonesboro, Georgia
Jonesboro features 496 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 Jonesboro, Georgia
There are 889 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Jonesboro.
Housing Choice Vouchers in Jonesboro, Georgia
On average, Section 8 Housing Choice vouchers pay Jonesboro landlords $800 per month towards rent. The average voucher holder contributes $300 towards rent in Jonesboro.
The maximum amount a voucher would pay on behalf of a low-income tenant in Jonesboro, Georgia for a two-bedroom apartment is between $1,660 and $2,028.
Sourced from federal housing data and AffordableHousingOnline.com research.
