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

Discover affordable housing in Alpharetta where there are 2+ 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.

Dogwood Square

555 Janis Ln, Alpharetta, Georgia 30009

Saddlecreek Apartments

1465 Mid Broadwell Rd, Alpharetta, Georgia 30004

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Alpharetta, Georgia
$34.92/hour
$27.67 (+382%) more than Georgia minimum wage and $27.67 (+382%) more than the Federal minimum wage.
Learn More About Alpharetta, Georgia Affordable Housing ↓

What HUD offices serve Alpharetta, 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), Public Housing, Homeownership Voucher, Section 8 Project-Based Voucher (PBV) programs for Alpharetta, Georgia.

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

How many renters live in Alpharetta, Georgia?

The City of Alpharetta has 67,276 people living in 25,403 households.

There are 15,551 renters living in 7,872 renter households in this City. Renters make up 23.12 percent of the population living in Alpharetta.

What is the rental market like in Alpharetta, Georgia?

There are an estimated 25,220 housing units in the Alpharetta area. Of these, 8,496 units are rental homes, making up 34 percent of the housing market. For every renter household in Alpharetta, Georgia, there are 1 rental units.

What is the vacancy rate for rentals in Alpharetta?

The rental vacancy rate in Alpharetta is 7 percent. This is a higher than average vacancy rate. When rental vacancy rates are high it means that there are a lot of available units and rents tend to be lower.

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

Occupied Rental Units by Size in Alpharetta
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
482 2,594 3,505 791 436
Occupied Rental Units by Size in Alpharetta

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

Among renter households in this market, 54 percent have housing cost burden. Further, 36 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 Alpharetta

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 Alpharetta, Georgia

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

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 126 26 percent
One BR 1,216 47 percent
Two BR 523 15 percent
Rental Units Below FMR in Alpharetta, Georgia

How many affordable rental units are in Alpharetta?

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

Federal Program Unit Count
Low Income Housing Tax Credit 198
Section 8 Project-Based Rental Assistance 94
Tracked Units by Federal Program in Alpharetta, Georgia

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

Income Based Apartments in Alpharetta, Georgia

Alpharetta features 100 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 Alpharetta, Georgia

There are 99 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Alpharetta.

Housing Choice Vouchers in Alpharetta, Georgia

On average, Section 8 Housing Choice vouchers pay Alpharetta landlords $1,500 per month towards rent. The average voucher holder contributes $400 towards rent in Alpharetta.

The maximum amount a voucher would pay on behalf of a low-income tenant in Alpharetta, Georgia for a two-bedroom apartment is between $1,660 and $2,028.

Sourced from federal housing data and AffordableHousingOnline.com research.