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

Discover affordable housing in Hancock County where there are 6+ 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.

Heritage Manor Apartments

276 Jamie L. Kennedy Blvd. , Sparta, Georgia 31087

Forest Ridge Sparta

11051 Ga Highway 22, Sparta, Georgia 31087

Drummers Home Apartments

110 E Broad St, Sparta, Georgia 31087

Drummers Home Apartments

12664 Broad St, Sparta, Georgia 31087

Forest Ridge Apartments

5151 GA Highway 22, Sparta, Georgia 31087

332 Powelton Ave

332 Powelton Ave, Sparta, Georgia 31087

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Hancock County, Georgia
$16.76/hour
$9.51 (+131%) more than Georgia minimum wage and $9.51 (+131%) more than the Federal minimum wage.
Learn More About Hancock County, Georgia Affordable Housing ↓

What HUD offices serve Hancock 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 Hancock County, Georgia.

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

How many renters live in Hancock County, Georgia?

The County of Hancock County has 8,588 people living in 2,785 households.

There are 1,830 renters living in 692 renter households in this County. Renters make up 21.31 percent of the population living in Hancock County.

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

There are an estimated 4,940 housing units in the Hancock County area. Of these, 701 units are rental homes, making up 14 percent of the housing market. For every renter household in Hancock County, Georgia, there are 1 rental units.

What is the vacancy rate for rentals in Hancock County?

The rental vacancy rate in Hancock County is 1 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 Hancock County for each bedroom size?

Occupied Rental Units by Size in Hancock County
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
57 81 149 359 46
Occupied Rental Units by Size in Hancock County

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

Among renter households in this market, 61 percent have housing cost burden. Further, 33 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 Hancock County

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $693 to $1,502. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $693
One BR $697
Two BR $885
Three BR $1,142
Four BR $1,502
2024 Fair Market Rents in Hancock County, Georgia

How many units are rented at Fair Market Rent (FMR) in Hancock 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 57 100 percent
One BR 80 99 percent
Two BR 126 85 percent
Rental Units Below FMR in Hancock County, Georgia

How many affordable rental units are in Hancock County?

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

Federal Program Unit Count
Low Income Housing Tax Credit 79
Public Housing 24
USDA Section 515 Rural Rental Housing 117
Tracked Units by Federal Program in Hancock County, Georgia

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

Income Based Apartments in Hancock County, Georgia

Hancock County features 141 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 Hancock County, Georgia

There are 79 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Hancock County.

Housing Choice Vouchers in Hancock County, Georgia

On average, Section 8 Housing Choice vouchers pay Hancock County landlords $800 per month towards rent. The average voucher holder contributes $400 towards rent in Hancock County.

The maximum amount a voucher would pay on behalf of a low-income tenant in Hancock County, Georgia for a two-bedroom apartment is between $797 and $974.

Sourced from federal housing data and AffordableHousingOnline.com research.