Affordable Housing In Jonesboro
Clayton County, Georgia

8 Low Income Apartment Communities In Jonesboro

Keystone Apartments

145 S McDonough St
Jonesboro, GA
Subsidized

Riverwood Section 1

681 Flint River Rd
Jonesboro, GA
Subsidized

Flint River Crossing ( Fka Williamsburg )

240 Flint River Rd
Jonesboro, GA
HCV Welcome

Provence Place Apartments

701 Mount Zion Rd
Jonesboro, GA
HCV Welcome

Pointe Clear Apartments

7545 Tara Rd
Jonesboro, GA
HCV Welcome

Pointe South Apartments

772 Pointe South Pkwy
Jonesboro, GA
HCV Welcome

Greens of Pebble Creek

9350 Thomas Rd
Jonesboro, GA
HCV Welcome

213 Hightower St

213 Hightower St
Jonesboro, GA
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Housing Authorities that serve Jonesboro

Housing Authority Programs
Jonesboro Housing Authority Section 8 Housing Choice Voucher (HCV); Public Housing

Guide To Affordable Housing in Jonesboro, Georgia

According to federal housing data and AffordableHousingOnline.com research, there are 8 low income housing apartment communities offering 1,205 affordable apartments for rent in Jonesboro, Georgia. Jonesboro features 316 low income apartments with rental assistance where households typically pay no more than 30% of their income towards rent. Additionally, there are 889 other low income apartments that don't provide direct rental assistance but remain affordable to low income households in Jonesboro.

Jonesboro, GA Affordable Housing Snapshot

Total Affordable Apartment Properties 8
Total Low Income Apartments 1,205
Total Housing Units with Rental Assistance 316
Percentage of Housing Units Occupied By Renters 54.81%
Average Renter Household Size 2.67
Average Household Size 2.67
Median Household Income $31,387 ±$5,291
Median Rent $856 ±$78
Percentage Of Renters Overburdened 57.4% ± 13.14pp
Total Population 4,669

Population and Household Demographics

Jonesboro is a City in Clayton County, Georgia with a population of 4,669. There are 1,195 households in the city with an average household size of 2.67 persons. 54.81% of households in Jonesboro are renters.

Income and Rent Overburden in Jonesboro

The median gross income for households in Jonesboro is $31,387 a year, or $2,616 a month. The median rent for the city is $856 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Jonesboro, a household making less than $2,853 a month would be considered overburdened when renting an apartment at or above the median rent. 57.4% of households who rent are overburdened in Jonesboro.1

Area Median Income In Jonesboro

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.

HUD often uses an area larger than a city to determine the AMI because HUD anticipates those searching for housing will look beyond individual cities during their housing search. For Jonesboro, the AMI is calculated from all households within Clayton County.

In Jonesboro, HUD calculates the Area Median Income for a family of four as $79,700

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 Jonesboro

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 Jonesboro HUD Rental Assistance in Jonesboro

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $16,750 $19,150 $21,550 $25,750 $30,170 $34,590 $39,010 $43,430
50% of Median $27,900 $31,900 $35,900 $39,850 $43,050 $46,250 $49,450 $52,650
80% of Median $44,650 $51,000 $57,400 $63,750 $68,850 $73,950 $79,050 $84,150
Low Income Housing Tax Credits in Jonesboro

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

From 1997 to 2004, 5 low income apartment communities containing 1,012 rental apartments have been constructed and made affordable to low income persons in Jonesboro 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 Jonesboro

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
50% of Median $27,900 $31,900 $35,900 $39,850 $43,050 $46,250 $49,450 $52,650
60% of Median $33,480 $38,280 $43,080 $47,820 $51,660 $55,500 $59,340 $63,180

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 Jonesboro is $43,080 a year, or $3,590 a month. To determine the maximum rent in the table below we multiply the monthly maximum income, $3,590 by 30% to get a maximum rent of $1,077 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% $698 $748 $898 $1,036 $1,156 $1,276
60% $837 $897 $1,077 $1,244 $1,388 $1,532
Fair Market Rents in Jonesboro

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
$996 $1,025 $1,167 $1,489 $1,824