Low Income Apartments and Affordable Housing For Rent in Lakeland, GA

Discover affordable housing in Lakeland where there are 4+ 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.

Chestnut Village Apartments

23 Chestnut Ridge Cir, Lakeland, Georgia 31635

Chestnut Village II

610 Chestnut Ridge Cir, Lakeland, Georgia 31635

Lakewood Apartments

1044 W Main St, Lakeland, Georgia 31635

Chestnut Village II

620 Chestnut Ridge Cir, Lakeland, Georgia 31635

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Lakeland, 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 Lakeland, Georgia Affordable Housing ↓

What HUD offices serve Lakeland, 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 Public Housing programs for Lakeland, Georgia.
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 Lakeland, Georgia.

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

How many renters live in Lakeland, Georgia?

The City of Lakeland has 2,928 people living in 1,017 households.

There are 1,841 renters living in 604 renter households in this City. Renters make up 62.88 percent of the population living in Lakeland.

What is the rental market like in Lakeland, Georgia?

There are an estimated 1,222 housing units in the Lakeland area. Of these, 617 units are rental homes, making up 50 percent of the housing market. For every renter household in Lakeland, Georgia, there are 1 rental units.

What is the vacancy rate for rentals in Lakeland?

The rental vacancy rate in Lakeland is 2 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 Lakeland for each bedroom size?

Occupied Rental Units by Size in Lakeland
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
0 40 146 366 52
Occupied Rental Units by Size in Lakeland

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

Among renter households in this market, 41 percent have housing cost burden. Further, 16 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 Lakeland

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 Lakeland, Georgia

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

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 40 100 percent
Two BR 146 100 percent
Rental Units Below FMR in Lakeland, Georgia

How many affordable rental units are in Lakeland?

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

Federal Program Unit Count
Low Income Housing Tax Credit 115
Public Housing 20
USDA Section 515 Rural Rental Housing 59
Tracked Units by Federal Program in Lakeland, Georgia

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

Income Based Apartments in Lakeland, Georgia

Lakeland features 83 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 Lakeland, Georgia

There are 87 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Lakeland.

Housing Choice Vouchers in Lakeland, Georgia

On average, Section 8 Housing Choice vouchers pay Lakeland landlords $700 per month towards rent. The average voucher holder contributes $300 towards rent in Lakeland.

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

Sourced from federal housing data and AffordableHousingOnline.com research.