What HUD offices serve Forsyth, 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.
Go to the Georgia Public Housing and Low-Income Apartments Waiting Lists page for openings near Forsyth.
How many renters live in Forsyth, Georgia?
The City of Forsyth has people living in households.
There are renters living in renter households in this City. Renters make up 41.68 percent of the population living in Forsyth.
What is the rental market like in Forsyth, Georgia?
There are an estimated housing units in the Forsyth area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Forsyth, Georgia, there are 1.07 rental units.
What is the vacancy rate for rentals in Forsyth?
The rental vacancy rate in Forsyth is 4 percent. This is a lower than average vacancy rate. When rental vacancy rates are low there are fewer available units. Rents tend to be higher as more people compete for scarce housing.
How many rental units are in Forsyth for each bedroom size?
Occupied Rental Units by Size in Forsyth
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 0 | 132 | 387 | 219 | 50 |
Occupied Rental Units by Size in Forsyth
A large number of apartments in Forsyth have two or fewer bedrooms. Seniors and young professionals especially may have more success finding an apartment that meets their needs.
How Much Is Rent in Forsyth
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $797 to $1,712. FMRs are updated annually by HUD for every city and county nationwide.
| Bed Size | 2024 Fair Market Rents |
| Studio | $797 |
| One BR | $883 |
| Two BR | $1,009 |
| Three BR | $1,220 |
| Four BR | $1,712 |
2024 Fair Market Rents in Forsyth, Georgia
How many units are rented at Fair Market Rent (FMR) in Forsyth?
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 |
| One BR | 100 | 76 percent |
| Two BR | 259 | 67 percent |
Rental Units Below FMR in Forsyth, Georgia
How many affordable rental units are in Forsyth?
There are a variety of federal affordable housing programs serving households in Forsyth, Georgia including the following:
| Federal Program | Unit Count |
| Low Income Housing Tax Credit | |
| Section 8 Project-Based Rental Assistance | |
| USDA Section 515 Rural Rental Housing |
Tracked Units by Federal Program in Forsyth, Georgia
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in Forsyth, Georgia
Forsyth features 171 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 Forsyth, Georgia
There are 159 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Forsyth.
Housing Choice Vouchers in Forsyth, Georgia
On average, Section 8 Housing Choice vouchers pay Forsyth landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Forsyth.
The maximum amount a voucher would pay on behalf of a low-income tenant in Forsyth, Georgia for a two-bedroom apartment is between $908 and $1,110.
Sourced from federal housing data and AffordableHousingOnline.com research.