Affordable Housing In Floyd County
Georgia

Affordable Housing programs support 1,220 income based apartments in Floyd County where households pay rent based on how much they earn.

There are 639 affordable apartments in Floyd County that offer reduced rents to low-income households.

Waiting Lists in Floyd County, Georgia

There are no open Section 8 Housing Choice Voucher waiting lists in Floyd County. Go to the Georgia Section 8 Waiting Lists page for openings near Floyd County.

The Villas

205 Dodd Blvd SE
Rome, Georgia
Call For Rent
1 BR
Rent Assisted
62+
Accessible
Elderly Supportive Housing

Etowah Terrace Senior Residences

1 Etowah Ter SW
Rome, Georgia
55+
Affordable

Willingham Village

5 Frost Drive
Rome, Georgia
Affordable

Willingham At Division Apartments

544 N Division St NW
Rome, Georgia

HIGHLAND ESTATES APARTMENTS

179 WOODROW WILSON WAY
Rome, Georgia
Call For Rent
1-2 BR
55+
62+

Main High Apartments

Watters Street Northeast
Rome, Georgia

Hight Homes at Avenue B

1000 Avenue B NE
Rome, Georgia

Hardy, Frost & Barron Apartments

906 N 5th Ave NE
Rome, Georgia

John Graham Homes

404 E 13th St SW
Rome, Georgia

Park Homes

242 Reservoir St NE
Rome, Georgia
Showing Results 1-10

Affordable Housing In Floyd County

View affordable apartments and waiting lists in cities near Floyd County

City Apartments
Affordable Housing In Cave Spring, GA Affordable Housing programs support 2 apartment communities in Cave Spring.
Affordable Housing In Rome, GA Affordable Housing programs support 21 apartment communities in Rome.

Public Housing Agencies Serving Floyd County, 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.

Waiting lists for project-based assistance, like the Public Housing program, are open:

Housing Authority Programs
Georgia Department of Community Affairs Section 8 Housing Choice Voucher (HCV); Homeownership Voucher; Family Self-Sufficiency; Veteran Affairs Supportive Housing (VASH); Section 8 Project-Based Voucher (PBV)
Go to the Georgia Public Housing and Low-Income Apartments Waiting Lists page for openings near Floyd County.

Floyd County, Georgia Affordable Housing Data

Income Based Apartments in Floyd County, Georgia

Floyd County features 1,220 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 Floyd County, Georgia

There are 639 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Floyd County.

Housing Choice Vouchers in Floyd County, Georgia

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Floyd County, Georgia for a two-bedroom apartment is between $866 and $1,058.

2023 Floyd County, 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
Floyd County, Georgia Fair Market Rent $726 $731 $962 $1,254 $1,500
Floyd County, Georgia Payment Standard Range $653 to $799 $658 to $804 $866 to $1,058 $1,129 to $1,379 $1,350 to $1,650

Sourced from federal housing data and AffordableHousingOnline.com research.

Floyd County, GA Affordable Housing Snapshot

Total Affordable Apartment Properties 23
Total Low Income Apartments 2,007
Total Housing Units with Rental Assistance 1,220
Percentage of Housing Units Occupied By Renters 39.26%
Average Renter Household Size 2.56
Average Household Size 2.64
Median Household Income $41,549 ±$1,582
Median Rent $674 ±$25
Percentage Of Renters Overburdened 47.11% ± 3.68pp
Total Population 96,169

Population and Household Demographics

Floyd County is a county in Georgia with a population of 96,169. There are 34,874 households in the county with an average household size of 2.64 persons. 39.26% of households in Floyd County are renters.

Income and Rent Overburden in Floyd County

The median gross income for households in Floyd County is $41,549 a year, or $3,462 a month. The median rent for the county is $674 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Floyd County, a household making less than $2,247 a month would be considered overburdened when renting an apartment at or above the median rent. 47.11% of households who rent are overburdened in Floyd County.

Area Median Income In Floyd 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 Floyd County, HUD calculates the Area Median Income for a family of four as $70,700

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 Floyd 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 Floyd County

1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% AMI Income Limits
Renters earning up to 30% of the Floyd County AMI may qualify for rental assistance programs that target Extremely Low Income households.
$13,590 $18,310 $23,030 $27,750 $32,470 $36,200 $38,700 $41,200
50% AMI Income Limits
Renters earning up to 50% of the Floyd County AMI may qualify for rental assistance programs that target Very Low Income households.
$21,850 $25,000 $28,100 $31,200 $33,700 $36,200 $38,700 $41,200
80% AMI Income Limits
Renters earning up to 80% of the Floyd County AMI may qualify for rental assistance programs that target Low Income households.
$34,950 $39,950 $44,950 $49,900 $53,900 $57,900 $61,900 $65,900