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

Discover affordable housing in Demorest where there are 1+ 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.

Demorest Apartments

245 Demorest Apartments Court, Demorest, Georgia 30535

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Demorest, Georgia
$17.73/hour
$10.48 (+145%) more than Georgia minimum wage and $10.48 (+145%) more than the Federal minimum wage.
Learn More About Demorest, Georgia Affordable Housing ↓

What HUD offices serve Demorest, 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), Homeownership Voucher, Family Self-Sufficiency, Veteran Affairs Supportive Housing (VASH), Section 8 Project-Based Voucher (PBV) programs for Demorest, Georgia.

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

How many renters live in Demorest, Georgia?

The City of Demorest has 2,293 people living in 620 households.

There are 798 renters living in 319 renter households in this City. Renters make up 34.8 percent of the population living in Demorest.

What is the rental market like in Demorest, Georgia?

There are an estimated 730 housing units in the Demorest area. Of these, 357 units are rental homes, making up 49 percent of the housing market. For every renter household in Demorest, Georgia, there are 1 rental units.

What is the vacancy rate for rentals in Demorest?

The rental vacancy rate in Demorest is 8 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 Demorest for each bedroom size?

Occupied Rental Units by Size in Demorest
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
12 69 88 150 0
Occupied Rental Units by Size in Demorest

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

Among renter households in this market, 36 percent have housing cost burden. Further, 23 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 Demorest

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $634 to $1,310. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $634
One BR $787
Two BR $936
Three BR $1,305
Four BR $1,310
2024 Fair Market Rents in Demorest, Georgia

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

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 0 100 percent
One BR 24 35 percent
Two BR 46 52 percent
Rental Units Below FMR in Demorest, Georgia

How many affordable rental units are in Demorest?

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

Federal Program Unit Count
Section 8 Project-Based Rental Assistance 12
USDA Section 515 Rural Rental Housing 28
Tracked Units by Federal Program in Demorest, Georgia

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

Income Based Apartments in Demorest, Georgia

Demorest features 28 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 Demorest, Georgia

There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Demorest.

Housing Choice Vouchers in Demorest, Georgia

On average, Section 8 Housing Choice vouchers pay Demorest landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Demorest.

The maximum amount a voucher would pay on behalf of a low-income tenant in Demorest, Georgia for a two-bedroom apartment is between $842 and $1,030.

Sourced from federal housing data and AffordableHousingOnline.com research.