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

Discover affordable housing in Newnan where there are 23+ 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.

Highlands Apartments

16 Lake Street, Newnan, Georgia 30263

The Forest at York Apartments

301 Calumet Parkway, Newnan, Georgia 30263

Foxworth Forest

17 Foster Dr, Newnan, Georgia 30263

Chestnut Lane

82-A Berry Avenue, Newnan, Georgia 30263

Shenandoah Villas

100 Villa Drive, Newnan, Georgia 30265

The Residences of Newnan Crossing

2071 Newnan Crossing Blvd, Newnan, Georgia 30265

Summit Point Apartments

257 E Broad St, Newnan, Georgia 30263

Shenandoah Forest

8 Forest Cir , Newnan, Georgia 30265

Newnan Estates Apartments

53 Newnan Estates Dr, Newnan, Georgia

Pines by the Creek

60 Heery Rd, Newnan, Georgia 30263

Eastgate Apartments

11 Dowdell St, Newnan, Georgia 30263

Jefferson Grove

414 Jefferson Bypass, Newnan, Georgia 30263

Columbia Woods Townhouses

166 Greison Trl, Newnan, Georgia 30263

Newnan Crossing Apartments

151 Parkway N, Newnan, Georgia 30265

Southern Villas of Newnan

561 Greison Trail, Newnan, Georgia

Rolling Hills Apts

104 Rolling Hills Dr, Newnan, Georgia

Tranquil Villas of Newnan

807 Tranquil Lane, Newnan, Georgia

Pinewood Villas of Newnan

500 Greison Trail, Newnan, Georgia

Milo Hunter Homes

58 Spence Ave, Newnan, Georgia 30265

Sallie Jones Mordicue Homes

2 Cliff Cir, Newnan, Georgia 30263

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

What HUD offices serve Newnan, 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), Public Housing, Moving to Work programs for Newnan, 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 Newnan, Georgia.

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

How many renters live in Newnan, Georgia?

The City of Newnan has 42,689 people living in 16,386 households.

There are 16,739 renters living in 7,135 renter households in this City. Renters make up 39.21 percent of the population living in Newnan.

What is the rental market like in Newnan, Georgia?

There are an estimated 17,052 housing units in the Newnan area. Of these, 7,354 units are rental homes, making up 43 percent of the housing market. For every renter household in Newnan, Georgia, there are 1 rental units.

What is the vacancy rate for rentals in Newnan?

The rental vacancy rate in Newnan is 3 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 Newnan for each bedroom size?

Occupied Rental Units by Size in Newnan
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
663 1,553 2,716 1,734 294
Occupied Rental Units by Size in Newnan

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

Among renter households in this market, 60 percent have housing cost burden. Further, 17 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 Newnan

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 Newnan, Georgia

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

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 634 96 percent
One BR 1,515 98 percent
Two BR 2,037 75 percent
Rental Units Below FMR in Newnan, Georgia

How many affordable rental units are in Newnan?

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

Federal Program Unit Count
Low Income Housing Tax Credit 945
Public Housing 431
Section 8 Project-Based Rental Assistance 187
USDA Section 515 Rural Rental Housing 200
Tracked Units by Federal Program in Newnan, Georgia

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

Income Based Apartments in Newnan, Georgia

Newnan features 791 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 Newnan, Georgia

There are 1,043 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Newnan.

Housing Choice Vouchers in Newnan, Georgia

On average, Section 8 Housing Choice vouchers pay Newnan landlords $800 per month towards rent. The average voucher holder contributes $400 towards rent in Newnan.

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

Sourced from federal housing data and AffordableHousingOnline.com research.