What HUD offices serve Holly Springs, 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 Holly Springs.
How many renters live in Holly Springs, Georgia?
The City of Holly Springs has people living in households.
There are renters living in renter households in this City. Renters make up 20.71 percent of the population living in Holly Springs.
What is the rental market like in Holly Springs, Georgia?
There are an estimated housing units in the Holly Springs area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Holly Springs, Georgia, there are 1.04 rental units.
What is the vacancy rate for rentals in Holly Springs?
The rental vacancy rate in Holly Springs is 4 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 Holly Springs for each bedroom size?
Occupied Rental Units by Size in Holly Springs
Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
---|---|---|---|---|
0 | 347 | 456 | 483 | 163 |
Occupied Rental Units by Size in Holly Springs
A large number of apartments in Holly Springs 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 Holly Springs
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 Holly Springs, Georgia
How many units are rented at Fair Market Rent (FMR) in Holly Springs?
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 |
One BR | 238 | 69 percent |
Two BR | 246 | 54 percent |
Rental Units Below FMR in Holly Springs, Georgia
How many affordable rental units are in Holly Springs?
Income Based Apartments in Holly Springs, Georgia
Holly Springs features 0 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 Holly Springs, Georgia
There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Holly Springs.
Housing Choice Vouchers in Holly Springs, Georgia
On average, Section 8 Housing Choice vouchers pay Holly Springs landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Holly Springs.
The maximum amount a voucher would pay on behalf of a low-income tenant in Holly Springs, Georgia for a two-bedroom apartment is between $1,660 and $2,028.
Sourced from federal housing data and AffordableHousingOnline.com research.