What HUD offices serve Gainesville, 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 Gainesville.
How many renters live in Gainesville, Georgia?
The City of Gainesville has people living in households.
There are renters living in renter households in this City. Renters make up 54.75 percent of the population living in Gainesville.
What is the rental market like in Gainesville, Georgia?
There are an estimated housing units in the Gainesville area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Gainesville, Georgia, there are 1.1 rental units.
What is the vacancy rate for rentals in Gainesville?
The rental vacancy rate in Gainesville is 8 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 Gainesville for each bedroom size?
Occupied Rental Units by Size in Gainesville
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms 469 2,057 3,710 1,765 383 Occupied Rental Units by Size in Gainesville
A large number of apartments in Gainesville 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 Gainesville
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $1,076 to $1,932. FMRs are updated annually by HUD for every city and county nationwide.
Bed Size 2024 Fair Market Rents Studio $1,076 One BR $1,235 Two BR $1,386 Three BR $1,711 Four BR $1,932 2024 Fair Market Rents in Gainesville, Georgia
How many units are rented at Fair Market Rent (FMR) in Gainesville?
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 352 75 percent One BR 1,393 68 percent Two BR 2,402 65 percent Rental Units Below FMR in Gainesville, Georgia
How many affordable rental units are in Gainesville?
There are a variety of federal affordable housing programs serving households in
Gainesville, Georgia including the following: Rental units may be funded in part by multiple federal programs.Federal Program Unit Count Low Income Housing Tax Credit Public Housing Section 8 Project-Based Rental Assistance Section 202 Supportive Housing for the Elderly Tracked Units by Federal Program in Gainesville, Georgia
Income Based Apartments in Gainesville, Georgia
Gainesville features 720 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 Gainesville, Georgia
There are 1,324 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Gainesville.
Housing Choice Vouchers in Gainesville, Georgia
On average, Section 8 Housing Choice vouchers pay Gainesville landlords $700 per month towards rent. The average voucher holder contributes $300 towards rent in Gainesville.
The maximum amount a voucher would pay on behalf of a low-income tenant in Gainesville, Georgia for a two-bedroom apartment is between $1,247 and $1,525.
Sourced from federal housing data and AffordableHousingOnline.com research.