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

Discover affordable housing in Mcdonough 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.

Greystone Manor Apartments

100 Greystone Drive, Mcdonough, Georgia 30252

Brookshire Apartments

23 Brookshire Circle, Mcdonough, Georgia 30253

Heritage at Mcdonough

180 Bridges Rd, Mcdonough, Georgia 30253

Sable Chase l & ll

102 Sable Chase Blvd, Mcdonough, Georgia 30253

Timberchase Apartments

391 Old Griffin Rd, Mcdonough, Georgia 30253

Eastside Homes

1 Hooten St, Mcdonough, Georgia 30253

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Mcdonough, Georgia
$34.92/hour
$27.67 (+382%) more than Georgia minimum wage and $27.67 (+382%) more than the Federal minimum wage.
Learn More About Mcdonough, Georgia Affordable Housing ↓

What HUD offices serve Mcdonough, 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 Mcdonough, 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 Mcdonough, Georgia.

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

How many renters live in Mcdonough, Georgia?

The City of Mcdonough has 29,134 people living in 9,695 households.

There are 12,401 renters living in 4,859 renter households in this City. Renters make up 42.57 percent of the population living in Mcdonough.

What is the rental market like in Mcdonough, Georgia?

There are an estimated 10,410 housing units in the Mcdonough area. Of these, 5,138 units are rental homes, making up 49 percent of the housing market. For every renter household in Mcdonough, Georgia, there are 1 rental units.

What is the vacancy rate for rentals in Mcdonough?

The rental vacancy rate in Mcdonough is 5 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 Mcdonough for each bedroom size?

Occupied Rental Units by Size in Mcdonough
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
47 1,006 1,681 1,769 202
Occupied Rental Units by Size in Mcdonough

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

Among renter households in this market, 52 percent have housing cost burden. Further, 25 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 Mcdonough

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 Mcdonough, Georgia

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

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 47 100 percent
One BR 828 82 percent
Two BR 1,035 62 percent
Rental Units Below FMR in Mcdonough, Georgia

How many affordable rental units are in Mcdonough?

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

Federal Program Unit Count
Low Income Housing Tax Credit 467
Public Housing 118
Tracked Units by Federal Program in Mcdonough, Georgia

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

Income Based Apartments in Mcdonough, Georgia

Mcdonough features 118 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 Mcdonough, Georgia

There are 410 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Mcdonough.

Housing Choice Vouchers in Mcdonough, Georgia

On average, Section 8 Housing Choice vouchers pay Mcdonough landlords $700 per month towards rent. The average voucher holder contributes $400 towards rent in Mcdonough.

The maximum amount a voucher would pay on behalf of a low-income tenant in Mcdonough, Georgia for a two-bedroom apartment is between $1,660 and $2,028.

Sourced from federal housing data and AffordableHousingOnline.com research.