Forsyth, Georgia Affordable Housing

Affordable Housing programs support 171 income based apartments in Forsyth where households pay rent based on how much they earn.

There are 160 affordable apartments in Forsyth that offer reduced rents to low-income households.

Waiting Lists in Forsyth, Georgia

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

Piedmont Hills

1001 W Main St
Forsyth, Georgia
Call For Rent
1-2 BR
Affordable

Forsyth Gardens

500P Cabaniss Rd
Forsyth, Georgia
Rent Assisted

Union Hill Apartments

235 Union Hill Dr
Forsyth, Georgia
Affordable

Union Hills Apartments

200 Union Hill Dr
Forsyth, Georgia
Rent Assisted

Elder Manor

143 Powerhouse Rd
Forsyth, Georgia
Rent Assisted
62+
Accessible
Elderly Supportive Housing

Village Oaks Apts

737 Juliette Blvd
Forsyth, Georgia
Affordable
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Public Housing Agencies Serving 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.

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 Forsyth.

Forsyth, Georgia Affordable Housing Data

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 160 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 $773 and $945.

2023 Forsyth, 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
Forsyth, Georgia Fair Market Rent $649 $761 $859 $1,045 $1,463
Forsyth, Georgia Payment Standard Range $584 to $714 $685 to $837 $773 to $945 $941 to $1,150 $1,317 to $1,609

Sourced from federal housing data and AffordableHousingOnline.com research.

Forsyth, GA Affordable Housing Snapshot

Total Affordable Apartment Properties 6
Total Low Income Apartments 331
Total Housing Units with Rental Assistance 171
Percentage of Housing Units Occupied By Renters 51.19%
Average Renter Household Size 2.67
Average Household Size 2.52
Median Household Income $22,899 ±$6,528
Median Rent $661 ±$72
Percentage Of Renters Overburdened 50.25% ± 15.41pp
Total Population 3,993

Population and Household Demographics

Forsyth is a city in Monroe County, Georgia with a population of 3,993. There are 1,551 households in the city with an average household size of 2.52 persons. 51.19% of households in Forsyth are renters.

Income and Rent Overburden in Forsyth

The median gross income for households in Forsyth is $22,899 a year, or $1,908 a month. The median rent for the city is $661 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Forsyth, a household making less than $2,203 a month would be considered overburdened when renting an apartment at or above the median rent. 50.25% of households who rent are overburdened in Forsyth.

Area Median Income In Forsyth

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.

HUD often uses an area larger than a city to determine the AMI because HUD anticipates those searching for housing will look beyond individual cities during their housing search. For Forsyth, the AMI is calculated from all households within Monroe County.

In Forsyth, HUD calculates the Area Median Income for a family of four as $88,500

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 Forsyth

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 Forsyth

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 Forsyth AMI may qualify for rental assistance programs that target Extremely Low Income households.
$16,950 $19,400 $23,030 $27,750 $32,470 $37,190 $41,910 $46,630
50% AMI Income Limits
Renters earning up to 50% of the Forsyth AMI may qualify for rental assistance programs that target Very Low Income households.
$28,250 $32,300 $36,350 $40,350 $43,600 $46,850 $50,050 $53,300
80% AMI Income Limits
Renters earning up to 80% of the Forsyth AMI may qualify for rental assistance programs that target Low Income households.
$45,200 $51,650 $58,100 $64,550 $69,750 $74,900 $80,050 $85,250