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Affordable Housing In Augusta
Richmond County, Georgia

51 Low Income Apartment Communities In Augusta

Legacy at Walton Oaks

602 Fairhope Street
Augusta, Georgia
Income Based
1-2 BR

Walton Oaks

602 Fairhope Street
Augusta, Georgia
Income Based
2-3 BR

Gardens At Harvest Point

1901 Harvest Point Way
Augusta, Georgia
$571-806
1-3 BR

The Legacy at Walton Green

1550 Fifteenth St
Augusta, Georgia
Call For Rent
1-2 BR
55+

Cedarwood Apartments

527 Richmond Hill Rd W
Augusta, Georgia
Call For Rent
1-3 BR

Eagles Trace Apartments

420 East Boundry
Augusta, Georgia
Call For Rent
1-4 BR

The Terrace at Edinburgh

2515 Kennedy Dr
Augusta, Georgia
55+

Richmond Summit Apartments

744 Broad Street
Augusta, Georgia
Subsidized

Independent Living Horizons I

714 Monte Santo Ave
Augusta, Georgia
Subsidized
Accessible
Accessible
Disabled Supportive Housing

Lynndale Group Homes

3294 Skinner Mill Rd
Augusta, Georgia
Subsidized
62+
Accessible
Elderly Supportive Housing

Housing Authorities that serve Augusta

Housing Authority Programs
Augusta Housing Authority Section 8 Housing Choice Voucher (HCV); Public Housing

Guide To Affordable Housing in Augusta, Georgia

There are 51 low income housing apartment communities offering 5,400 affordable apartments for rent in Augusta, Georgia.

Income Based Apartments in Augusta, Georgia

Augusta features 3,334 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 Augusta, Georgia

There are 2,066 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Augusta.

Housing Choice Vouchers in Augusta, Georgia

On average, Section 8 Housing Choice vouchers pay Augusta landlords $600 per month towards rent. The average voucher holder contributes $300 towards rent in Augusta.

The maximum amount a voucher would pay on behalf of a low-income tenant in Augusta, Georgia for a two-bedroom apartment is between $763 and $933.

2020 Augusta, Georgia Fair Market Rents and Housing Choice Voucher Payment Standards

Fair Market Rents can be used to better understand the average housing costs of an area. Fair Market Rents are used by HUD to establish payment and rent standards for federal rental assistance programs like the Section 8 Housing Choice Voucher Program.

Studio One BR Two BR Three BR Four BR
Fair Market Rent $689 $722 $848 $1,156 $1,489
Payment Standard Range $620 to $758 $650 to $794 $763 to $933 $1,040 to $1,272 $1,340 to $1,638

Sourced from federal housing data and AffordableHousingOnline.com research.

Augusta, GA Affordable Housing Snapshot

Total Affordable Apartment Properties 51
Total Low Income Apartments 5,400
Total Housing Units with Rental Assistance 3,334
Percentage of Housing Units Occupied By Renters 47.42%
Average Renter Household Size 2.71
Average Household Size 2.67
Median Household Income $37,337 ±$1,298
Median Rent $788 ±$16
Percentage Of Renters Overburdened 50.87% ± 2.24pp
Total Population 196,635

Population and Household Demographics

Augusta is a city in Richmond County, Georgia with a population of 196,635. There are 70,187 households in the city with an average household size of 2.67 persons. 47.42% of households in Augusta are renters.

Income and Rent Overburden in Augusta

The median gross income for households in Augusta is $37,337 a year, or $3,111 a month. The median rent for the city is $788 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Augusta, a household making less than $2,627 a month would be considered overburdened when renting an apartment at or above the median rent. 50.87% of households who rent are overburdened in Augusta.

Area Median Income In Augusta

Affordable housing program eligibility is always determined by one's income. Each household's income is compared to the incomes of all other households in the area. This is accomplished through a statistic established by the government called the Area Median Income, most often referred to as AMI. The AMI is calculated and published each year by HUD.

HUD often uses an area larger than a city to determine the AMI because HUD anticipates those searching for housing will look beyond individual cities during their housing search. For Augusta, the AMI is calculated from all households within Richmond County.

In Augusta, HUD calculates the Area Median Income for a family of four as $65,900

Most affordable housing programs determine eligibility based on the percent of AMI a given household's income is. Among the programs that determine eligibility based on the AMI are Section 8, HOME, LIHTC, Section 515, 202 and 811.

Rental Assistance in Augusta

Rental assistance is a type of housing subsidy that pays for a portion of a renter’s monthly housing costs, including rent and tenant paid utilities. This housing assistance can come in the form of Section 8 Housing Choice Vouchers, project-based Section 8 contracts, public housing, USDA Rental Assistance (in Section 515 properties) as well as HUD Section 202 and 811 properties for elderly and disabled households.

Income Qualifications for HUD Rental Assistance in Augusta

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $13,850 $17,240 $21,720 $26,200 $30,680 $35,160 $39,640 $43,500
50% of Median $23,100 $26,400 $29,700 $32,950 $35,600 $38,250 $40,900 $43,500
80% of Median $36,900 $42,200 $47,450 $52,700 $56,950 $61,150 $65,350 $69,600