What HUD offices serve Lula, 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 Lula.
How many renters live in Lula, Georgia?
The City of Lula has 2,880 people living in 1,050 households.
There are 1,006 renters living in 346 renter households in this City. Renters make up 34.93 percent of the population living in Lula.
What is the rental market like in Lula, Georgia?
There are an estimated 1,131 housing units in the Lula area. Of these, 346 units are rental homes, making up 31 percent of the housing market. For every renter household in Lula, Georgia, there are 1 rental units.
What is the vacancy rate for rentals in Lula?
The rental vacancy rate in Lula 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 Lula for each bedroom size?
Occupied Rental Units by Size in Lula
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 0 | 5 | 79 | 198 | 50 |
Occupied Rental Units by Size in Lula
A large number of apartments in Lula 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 Lula are overburdened by housing costs?
Among renter households in this market, 25 percent have housing cost burden. Further, 5 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 Lula
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $724 to $1,270. FMRs are updated annually by HUD for every city and county nationwide.
| Bed Size | 2024 Fair Market Rents |
| Studio | $724 |
| One BR | $729 |
| Two BR | $885 |
| Three BR | $1,172 |
| Four BR | $1,270 |
2024 Fair Market Rents in Lula, Georgia
How many units are rented at Fair Market Rent (FMR) in Lula?
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 | 2 | 40 percent |
| Two BR | 49 | 62 percent |
Rental Units Below FMR in Lula, Georgia
How many affordable rental units are in Lula?
There are a variety of federal affordable housing programs serving households in Lula, Georgia including the following:
| Federal Program | Unit Count |
| USDA Section 515 Rural Rental Housing | 12 |
Tracked Units by Federal Program in Lula, Georgia
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in Lula, Georgia
Lula features 0 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 Lula, Georgia
There are 12 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Lula.
Housing Choice Vouchers in Lula, Georgia
On average, Section 8 Housing Choice vouchers pay Lula landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Lula.
The maximum amount a voucher would pay on behalf of a low-income tenant in Lula, Georgia for a two-bedroom apartment is between $1,247 and $1,525.
Sourced from federal housing data and AffordableHousingOnline.com research.
