Low Income Apartments and Affordable Housing For Rent in Lake Park, GA

Discover affordable housing in Lake Park where there are 7+ 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.

Arbor Trace Apartments Phase II

4700 Rolling Pine Dr, Lake Park, Georgia 31636

switch_access_shortcut Short Wait
accessibility Accessible

Hillmont Apartments

7069 Lakes Blvd., Lake Park, Georgia 31636

switch_access_shortcut Short Wait
payment Subsidized
real_estate_agent Accepts Vouchers

Francis Lake Apartments I

939 Lakes Blvd, Lake Park, Georgia 31636

switch_access_shortcut Short Wait
payment Subsidized
real_estate_agent Accepts Vouchers

Lakeview Gardens

2045 Casamonica Dive, Lake Park, Georgia 31636

switch_access_shortcut Short Wait
accessibility Accessible

Brookhaven Apartments

4740 Brookhaven Ct, Lake Park, Georgia 31636

switch_access_shortcut Short Wait
payment Subsidized
real_estate_agent Accepts Vouchers
payment Income Based
accessibility Accessible

Lake Park Apartments

805 Lane Dr, Lake Park, Georgia 31636

Brookhaven Tc Lake Park

4741 Rolling Pine Dr, Lake Park, Georgia 31636

switch_access_shortcut Short Wait
accessibility Accessible

How To Identify Affordable Housing in Lake Park, Georgia

Look for program and preference badges on affordable apartment listings. These badges can help you identify the types of low income housing each apartment offers and if you may be eligbile for rental assistance or reduced rents.

Badge Description
switch_access_shortcut Short Wait
Low income apartments with no or short waiting lists.
payment Subsidized
Low income housing where the rent is subsidized and the renter pays only a portion of total rent.
real_estate_agent Accepts Vouchers
Apartments that accept Section 8 vouchers near you
elderly Senior
Rental housing for seniors who are 55 (or sometimes 62) and older.
payment Income Based
Affordable apartments where the rent paid is based on renter income.
accessibility Accessible
Meets Accessibilty Requirements of the Fair Housing Act, the ADA, or HUD policy.
accessible_forward Disability
Apartments for individuals or families with disabilities.
real_estate_agent Naturally Affordable
Naturally Occuring Affordable Housing - or NOAH - is any housing unit that offers affordable rent without participating in a rent subsidy program.
The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Lake Park, Georgia
$19.68/hour
$12.43 (+171%) more than Georgia minimum wage and $12.43 (+171%) more than the Federal minimum wage.
Learn More About Lake Park, Georgia Affordable Housing ↓

What HUD offices serve Lake Park, 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 Lake Park, Georgia.

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

How many renters live in Lake Park, Georgia?

The City of Lake Park has people living in households.

There are renters living in renter households in this City. Renters make up 50.61 percent of the population living in Lake Park.

What is the rental market like in Lake Park, Georgia?

There are an estimated housing units in the Lake Park area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Lake Park, Georgia, there are 1.1 rental units.

What is the vacancy rate for rentals in Lake Park?

The rental vacancy rate in Lake Park is 9 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 Lake Park for each bedroom size?

Occupied Rental Units by Size in Lake Park
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
0 9 134 26 0
Occupied Rental Units by Size in Lake Park

A large number of apartments in Lake Park 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 Lake Park

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $787 to $1,618. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $787
One BR $792
Two BR $1,039
Three BR $1,389
Four BR $1,618
2024 Fair Market Rents in Lake Park, Georgia

How many units are rented at Fair Market Rent (FMR) in Lake Park?

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 9 100 percent
Two BR 127 95 percent
Rental Units Below FMR in Lake Park, Georgia

How many affordable rental units are in Lake Park?

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

Federal Program Unit Count
Low Income Housing Tax Credit
Tracked Units by Federal Program in Lake Park, Georgia

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

Income Based Apartments in Lake Park, Georgia

Lake Park features 140 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 Lake Park, Georgia

There are 176 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Lake Park.

Housing Choice Vouchers in Lake Park, Georgia

On average, Section 8 Housing Choice vouchers pay Lake Park landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Lake Park.

The maximum amount a voucher would pay on behalf of a low-income tenant in Lake Park, Georgia for a two-bedroom apartment is between $935 and $1,143.

Sourced from federal housing data and AffordableHousingOnline.com research.

Email Signup
Don't Miss A Waiting List Opening