Low Income Apartments and Affordable Housing For Rent in Forsyth County, GA

Discover affordable housing in Forsyth County where there are 4+ 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.

The Willows of Cumming

225 Nancy Lane, Cumming, Georgia 30040

Abbington at Haw Creek

1415 Buford Highway, Cumming, Georgia 30041

Highland Manor

198 N Corners Pkwy, Cumming, Georgia 30040

277 Tolbert St

277 Tolbert St, Cumming, Georgia 30040

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Forsyth County, 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 Forsyth County, Georgia Affordable Housing ↓

What HUD offices serve Forsyth 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.

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 Forsyth County, Georgia.

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

How many renters live in Forsyth County, Georgia?

The County of Forsyth County has 267,237 people living in 88,874 households.

There are 32,113 renters living in 12,053 renter households in this County. Renters make up 12.02 percent of the population living in Forsyth County.

What is the rental market like in Forsyth County, Georgia?

There are an estimated 92,781 housing units in the Forsyth County area. Of these, 14,037 units are rental homes, making up 15 percent of the housing market. For every renter household in Forsyth County, Georgia, there are 1 rental units.

What is the vacancy rate for rentals in Forsyth County?

The rental vacancy rate in Forsyth County 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 Forsyth County for each bedroom size?

Occupied Rental Units by Size in Forsyth County
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
108 1,379 3,745 4,825 1,826
Occupied Rental Units by Size in Forsyth County

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

Among renter households in this market, 35 percent have housing cost burden. Further, 15 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 Forsyth County

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 Forsyth County, Georgia

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

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 82 76 percent
One BR 882 64 percent
Two BR 1,591 42 percent
Rental Units Below FMR in Forsyth County, Georgia

How many affordable rental units are in Forsyth County?

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

Federal Program Unit Count
Low Income Housing Tax Credit 204
Public Housing 50
Section 8 Project-Based Rental Assistance 1
Tracked Units by Federal Program in Forsyth County, Georgia

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

Income Based Apartments in Forsyth County, Georgia

Forsyth County features 94 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 County, Georgia

There are 204 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Forsyth County.

Housing Choice Vouchers in Forsyth County, Georgia

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

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

Sourced from federal housing data and AffordableHousingOnline.com research.