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

Discover affordable housing in Newnan where there are 122+ 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.

Pebblebrook

Roberts Rd, Newnan, Georgia 30263

switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers

Woodland Heights

Land Lots, Newnan, Georgia 30265

switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers

How To Identify Affordable Housing in Newnan, 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 Newnan, 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 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 people living in households.

There are renters living in 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 housing units in the Newnan area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Newnan, Georgia, there are 1.03 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 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
Public Housing
Section 8 Project-Based Rental Assistance
USDA Section 515 Rural Rental Housing
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.

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