What HUD offices serve Ringgold, 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 Ringgold.
How many renters live in Ringgold, Georgia?
The City of Ringgold has 3,418 people living in 1,310 households.
There are 1,657 renters living in 638 renter households in this City. Renters make up 48.48 percent of the population living in Ringgold.
What is the rental market like in Ringgold, Georgia?
There are an estimated 1,376 housing units in the Ringgold area. Of these, 638 units are rental homes, making up 46 percent of the housing market. For every renter household in Ringgold, Georgia, there are 1 rental units.
What is the vacancy rate for rentals in Ringgold?
The rental vacancy rate in Ringgold 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 Ringgold for each bedroom size?
Occupied Rental Units by Size in Ringgold
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 0 | 134 | 315 | 99 | 25 |
Occupied Rental Units by Size in Ringgold
A large number of apartments in Ringgold 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 Ringgold are overburdened by housing costs?
Among renter households in this market, 47 percent have housing cost burden. Further, 19 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 Ringgold
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 Ringgold, Georgia
How many units are rented at Fair Market Rent (FMR) in Ringgold?
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 | 134 | 100 percent |
| Two BR | 300 | 95 percent |
Rental Units Below FMR in Ringgold, Georgia
How many affordable rental units are in Ringgold?
There are a variety of federal affordable housing programs serving households in Ringgold, Georgia including the following:
| Federal Program | Unit Count |
| Low Income Housing Tax Credit | 220 |
| Public Housing | 30 |
| Section 8 Project-Based Rental Assistance | 1 |
| USDA Section 515 Rural Rental Housing | 40 |
Tracked Units by Federal Program in Ringgold, Georgia
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in Ringgold, Georgia
Ringgold features 94 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 Ringgold, Georgia
There are 248 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Ringgold.
Housing Choice Vouchers in Ringgold, Georgia
On average, Section 8 Housing Choice vouchers pay Ringgold landlords $700 per month towards rent. The average voucher holder contributes $300 towards rent in Ringgold.
The maximum amount a voucher would pay on behalf of a low-income tenant in Ringgold, Georgia for a two-bedroom apartment is between $1,109 and $1,355.
Sourced from federal housing data and AffordableHousingOnline.com research.
