What HUD offices serve Atlanta, 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 Atlanta.
How many renters live in Atlanta, Georgia?
The City of Atlanta has people living in households.
There are renters living in renter households in this City. Renters make up 46.44 percent of the population living in Atlanta.
What is the rental market like in Atlanta, Georgia?
There are an estimated housing units in the Atlanta area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Atlanta, Georgia, there are 1.08 rental units.
What is the vacancy rate for rentals in Atlanta?
The rental vacancy rate in Atlanta is 6 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 Atlanta for each bedroom size?
Occupied Rental Units by Size in Atlanta
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms 10,045 47,798 48,162 17,448 3,301 Occupied Rental Units by Size in Atlanta
A large number of apartments in Atlanta have two or fewer bedrooms. Seniors and young professionals especially may have more success finding an apartment that meets their needs.
How Much Is Rent in Atlanta
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 Atlanta, Georgia
How many units are rented at Fair Market Rent (FMR) in Atlanta?
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 4,017 40 percent One BR 20,447 43 percent Two BR 19,578 41 percent Rental Units Below FMR in Atlanta, Georgia
How many affordable rental units are in Atlanta?
There are a variety of federal affordable housing programs serving households in
Atlanta, Georgia including the following: Rental units may be funded in part by multiple federal programs.Federal Program Unit Count Low Income Housing Tax Credit Public Housing Section 8 Project-Based Rental Assistance Section 202 Supportive Housing for the Elderly Section 811 Supportive Housing for Persons with Disabilities Tracked Units by Federal Program in Atlanta, Georgia
Income Based Apartments in Atlanta, Georgia
Atlanta features 13,036 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 Atlanta, Georgia
There are 19,669 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Atlanta.
Housing Choice Vouchers in Atlanta, Georgia
On average, Section 8 Housing Choice vouchers pay Atlanta landlords $700 per month towards rent. The average voucher holder contributes $400 towards rent in Atlanta.
The maximum amount a voucher would pay on behalf of a low-income tenant in Atlanta, Georgia for a two-bedroom apartment is between $1,660 and $2,028.
Sourced from federal housing data and AffordableHousingOnline.com research.