Affordable Housing In Cobb County
70 Low Income Apartment Communities In Cobb County
Housing Authorities that serve Cobb County
|Marietta Housing Authority||Section 8 Housing Choice Voucher (HCV); Public Housing|
Other Housing Authorities located in Cobb County
|Housing Authority of the City of Acworth||Public Housing|
|City of Marietta||Section 8 Housing Choice Voucher (HCV)|
Guide To Affordable Housing in Cobb County, Georgia
There are 70 low income housing apartment communities offering 6,697 affordable apartments for rent in Cobb County, Georgia.
Income Based Apartments in Cobb County, Georgia
Cobb County features 662 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 Cobb County, Georgia
There are 6,035 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Cobb County.
Housing Choice Vouchers in Cobb County, Georgia
On average, Section 8 Housing Choice vouchers pay Cobb County landlords $900 per month towards rent. The average voucher holder contributes $400 towards rent in Cobb County.
Sourced from federal housing data and AffordableHousingOnline.com research.
Cobb County, GA Affordable Housing Snapshot
|Total Affordable Apartment Properties||70|
|Total Low Income Apartments||6,697|
|Total Housing Units with Rental Assistance||662|
|Percentage of Housing Units Occupied By Renters||35.84%|
|Average Renter Household Size||2.55|
|Average Household Size||2.64|
|Median Household Income||$65,873 ±$1,188|
|Median Rent||$1,006 ±$14|
|Percentage Of Renters Overburdened||46.63% ± 1.52pp|
Population and Household Demographics
Cobb County is a County in Georgia with a population of 719,133. There are 268,616 households in the county with an average household size of 2.64 persons. 35.84% of households in Cobb County are renters.
Income and Rent Overburden in Cobb County
The median gross income for households in Cobb County is $65,873 a year, or $5,489 a month. The median rent for the county is $1,006 a month.
Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Cobb County, a household making less than $3,353 a month would be considered overburdened when renting an apartment at or above the median rent. 46.63% of households who rent are overburdened in Cobb County.1
Area Median Income In Cobb County
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.
In Cobb County, HUD calculates the Area Median Income for a family of four as $79,700
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 Cobb County
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 Cobb County
|Income||1 Person||2 Person||3 Person||4 Person||5 Person||6 Person||7 Person||8 Person|
|30% of Median||$16,750||$19,150||$21,550||$25,750||$30,170||$34,590||$39,010||$43,430|
|50% of Median||$27,900||$31,900||$35,900||$39,850||$43,050||$46,250||$49,450||$52,650|
|80% of Median||$44,650||$51,000||$57,400||$63,750||$68,850||$73,950||$79,050||$84,150|
Cities In Cobb County
Select A City to View its Apartment Communities and Waiting Lists.
|Marietta||27||The HUD funded Public Housing Agencies that serve Marietta are the Marietta Housing Authority and City of Marietta.|
|Acworth||8||The HUD funded Public Housing Agencies that serve Acworth are the Marietta Housing Authority and Housing Authority of the City of Acworth.|
|Powder Springs||2||The HUD funded Public Housing Agency that serves Powder Springs is the Marietta Housing Authority.|