Affordable Housing In Franklin County
Georgia

6 Low Income Apartment Communities In Franklin County

Crestview Manor Apartments

401 Dovetown Rd
Royston, GA
Call For Rent
1-2 BR
62+
Accessible
HCV Welcome

Cobb Center Inc

234 Turner St
Royston, GA
62+
Accessible
Elderly Supportive Housing
Subsidized

Ridgewood Hills Townhouse Apartments Ltd

208 Poole St
Lavonia, GA
Subsidized

Lavonia Gardens Apartments

120 Brickyard Rd
Lavonia, GA
Subsidized

Gaines Homes

87 Royston Homes Cir
Royston, GA

Vandiver Dansby Homes

13114 Jones St
Lavonia, GA
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Housing Authorities that serve Franklin County

Housing Authority Programs
Georgia Department of Community Affairs Section 8 Housing Choice Voucher (HCV)

Other Housing Authorities located in Franklin County

Housing Authority Programs
Royston Housing Authority Public Housing
Housing Authority of the City of Lavonia Public Housing

Guide To Affordable Housing in Franklin County, Georgia

There are 6 low income housing apartment communities offering 462 affordable apartments for rent in Franklin County, Georgia. Franklin County features 437 low income apartments with rental assistance where households typically pay no more than 30% of their income towards rent. Additionally, there are 25 other low income apartments that don't provide direct rental assistance but remain affordable to low income households in Franklin County.

Sourced from federal housing data and AffordableHousingOnline.com research.

Franklin County, GA Affordable Housing Snapshot

Total Affordable Apartment Properties 6
Total Low Income Apartments 462
Total Housing Units with Rental Assistance 437
Percentage of Housing Units Occupied By Renters 30.43%
Average Renter Household Size 2.57
Average Household Size 2.54
Median Household Income $33,816 ±$3,408
Median Rent $607 ±$65
Percentage Of Renters Overburdened 45.05% ± 7.55pp
Total Population 22,110

Population and Household Demographics

Franklin County is a County in Georgia with a population of 22,110. There are 8,433 households in the county with an average household size of 2.54 persons. 30.43% of households in Franklin County are renters.

Income and Rent Overburden in Franklin County

The median gross income for households in Franklin County is $33,816 a year, or $2,818 a month. The median rent for the county is $607 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Franklin County, a household making less than $2,023 a month would be considered overburdened when renting an apartment at or above the median rent. 45.05% of households who rent are overburdened in Franklin County.1

Area Median Income In Franklin 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 Franklin County, HUD calculates the Area Median Income for a family of four as $49,700

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 Franklin 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 Franklin County HUD Rental Assistance in Franklin County

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $12,490 $16,910 $21,330 $25,750 $28,150 $30,250 $32,350 $34,400
50% of Median $18,250 $20,850 $23,450 $26,050 $28,150 $30,250 $32,350 $34,400
80% of Median $29,200 $33,400 $37,550 $41,700 $45,050 $48,400 $51,750 $55,050
Low Income Housing Tax Credits in Franklin County

The Low-Income Housing Tax Credit (LIHTC) program aims to create affordable rental housing for low and very low income families.

From 1990 to 1996, 2 low income apartment communities containing 48 rental apartments have been constructed and made affordable to low income persons in Franklin County by the Low Income Housing Tax Credit Program.

If your income is less than 60% of the Area Median Income (AMI), you should not expect to pay more than the rent value for a unit in the table below. However, Affordable apartment communities that receive funding through the Low Income Housing Tax Credit program may have rental units that are not subject to income and rent limits.

Rent limits for the LIHTC Program are determined so that a household making the maximum income for the expected household size of the unit would only pay 30% of their income for rent.

Income Qualifications for Low Income Housing Tax Credit Apartments in Franklin County

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
50% of Median $18,250 $20,850 $23,450 $26,050 $28,150 $30,250 $32,350 $34,400
60% of Median $21,900 $25,020 $28,140 $31,260 $33,780 $36,300 $38,820 $41,280

For example, the expected household size for a two bedroom apartment is 3 people. Using the table above, the maximum income for a 3 person household at 60% of the AMI in Franklin County is $28,140 a year, or $2,345 a month. To determine the maximum rent in the table below we multiply the monthly maximum income, $2,345 by 30% to get a maximum rent of $704 a month.

Rent for units in the LIHTC Program include a utility allowance which is determined by the average monthly cost of utilities paid directly by residents. This allowance has not been subtracted from the rents in the table below. These utility allowances are set on a property by property basis.

% of AMI Studio 1 Bed 2 Bed 3 Bed 4 Bed 5 Bed
50% $456 $489 $586 $678 $756 $834
60% $548 $587 $704 $813 $908 $1,001
Fair Market Rents in Franklin County

Fair Market Rents, often abbreviated as FMR, can be used to better understand the average housing costs of an area. Notably, Fair Market Rents are used to establish the payment standards for the Housing Choice Voucher Program, maximum rents in HOME financed rental projects and initial rents for Section 8 project based assistance.

2020 Fair Market Rents
Studio One BR Two BR Three BR Four BR
$424 $572 $651 $924 $998

Cities In Franklin County

Select A City to View its Apartment Communities and Waiting Lists.

City Listings Served By
Royston 3 The HUD funded Public Housing Agencies that serve Royston are the Royston Housing Authority and Georgia Department of Community Affairs.
Lavonia 3 The HUD funded Public Housing Agencies that serve Lavonia are the Housing Authority of the City of Lavonia and Georgia Department of Community Affairs.
Canon 0 The HUD funded Public Housing Agency that serves Canon is the Georgia Department of Community Affairs.
Carnesville 0 The HUD funded Public Housing Agency that serves Carnesville is the Georgia Department of Community Affairs.
Franklin Springs 0 The HUD funded Public Housing Agency that serves Franklin Springs is the Georgia Department of Community Affairs.
Martin 0 The HUD funded Public Housing Agency that serves Martin is the Georgia Department of Community Affairs.
Gumlog 0 The HUD funded Public Housing Agency that serves Gumlog is the Georgia Department of Community Affairs.