Low Income Apartments and Affordable Housing For Rent in Forest Park, GA

Discover affordable housing in Forest Park where there are 8+ 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.

Ashton Walk

4950 Governors Drive, Forest Park, Georgia 30297

Parkside Crossing Apartments

4233 Jonesboro Rd., Forest Park, Georgia 30297

Waters Edge Apartments

417 Barton Dr, Forest Park, Georgia 30297

Breckenridge Apartments

5530 Old Dixie Hwy, Forest Park, Georgia 30297

Regal Park Apartments

461 Old Dixie Way, Forest Park, Georgia 30297

Waldorf Creek Apartments

4663 Waldrop Dr, Forest Park, Georgia 30297

Wingate Apartments

4735 Courtney Dr, Forest Park, Georgia 30297

Tracewood Apartments

482 Sylvia Dr, Forest Park, Georgia 30297

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Forest Park, Georgia
$34.92/hour
$27.67 (+382%) more than Georgia minimum wage and $27.67 (+382%) more than the Federal minimum wage.
Learn More About Forest Park, Georgia Affordable Housing ↓

What HUD offices serve Forest Park, 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), Public Housing, Family Self-Sufficiency programs for Forest Park, Georgia.

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

How many renters live in Forest Park, Georgia?

The City of Forest Park has 19,619 people living in 7,021 households.

There are 12,095 renters living in 4,493 renter households in this City. Renters make up 61.65 percent of the population living in Forest Park.

What is the rental market like in Forest Park, Georgia?

There are an estimated 7,619 housing units in the Forest Park area. Of these, 4,925 units are rental homes, making up 65 percent of the housing market. For every renter household in Forest Park, Georgia, there are 1 rental units.

What is the vacancy rate for rentals in Forest Park?

The rental vacancy rate in Forest Park is 9 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 Forest Park for each bedroom size?

Occupied Rental Units by Size in Forest Park
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
159 512 1,869 1,711 198
Occupied Rental Units by Size in Forest Park

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

Among renter households in this market, 53 percent have housing cost burden. Further, 19 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 Forest Park

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 Forest Park, Georgia

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

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 131 82 percent
One BR 470 92 percent
Two BR 1,773 95 percent
Rental Units Below FMR in Forest Park, Georgia

How many affordable rental units are in Forest Park?

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

Federal Program Unit Count
Low Income Housing Tax Credit 1,050
Section 202 Supportive Housing for the Elderly 48
Tracked Units by Federal Program in Forest Park, Georgia

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

Income Based Apartments in Forest Park, Georgia

Forest Park features 0 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 Forest Park, Georgia

There are 1,160 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Forest Park.

Housing Choice Vouchers in Forest Park, Georgia

On average, Section 8 Housing Choice vouchers pay Forest Park landlords $800 per month towards rent. The average voucher holder contributes $300 towards rent in Forest Park.

The maximum amount a voucher would pay on behalf of a low-income tenant in Forest Park, Georgia for a two-bedroom apartment is between $1,660 and $2,028.

Sourced from federal housing data and AffordableHousingOnline.com research.