Apply to Palmetto Apartment Waiting Lists

Pine Grove Apartments

600 Carlton Road
Palmetto, Georgia
S. 515 Rural

Palmetto Ha

201 Beckman St
Palmetto, Georgia
Public Housing

Genesis Gardens Apartments

9100 Cascade Palmetto Hwy
Palmetto, Georgia
Showing Results 1-5
  • «
  • 1
  • »

There are 150 low-income apartments in Palmetto that offer reduced rents to eligible households.

Rental assistance programs support 20 low-income homes in Palmetto where households pay rent based on how much they earn. For 2023, elgible households participating in federally assisted housing pay an average of $350 towards rent each month.

Affordable rent data for some communities last confirmed on April 23rd, 2021. Subdsidized rents typically change once a year based on federal guidance.

Public Housing Agencies Serving Palmetto, 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.

Housing Authority Programs
Georgia Department of Community Affairs Section 8 Housing Choice Voucher (HCV); Homeownership Voucher; Family Self-Sufficiency; Veteran Affairs Supportive Housing (VASH); Section 8 Project-Based Voucher (PBV)
Housing Authority of Palmetto Public Housing
Go to the Georgia Public Housing and Low-Income Apartments Waiting Lists page for openings near Palmetto.

Palmetto, Georgia Affordable Housing Data

Income Based Apartments in Palmetto, Georgia

Palmetto features 20 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 Palmetto, Georgia

There are 150 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Palmetto.

Housing Choice Vouchers in Palmetto, Georgia

On average, Section 8 Housing Choice vouchers pay Palmetto landlords $1,500 per month towards rent. The average voucher holder contributes $400 towards rent in Palmetto.

The maximum amount a voucher would pay on behalf of a low-income tenant in Palmetto, Georgia for a two-bedroom apartment is between $1,398 and $1,708.

2023 Palmetto, Georgia Fair Market Rents and Housing Choice Voucher Payment Standards

Fair Market Rents can be used to better understand the average housing costs of an area. Fair Market Rents are used by HUD to establish payment and rent standards for federal rental assistance programs like the Section 8 Housing Choice Voucher Program.

Studio One BR Two BR Three BR Four BR
Palmetto, Georgia Fair Market Rent $1,345 $1,375 $1,553 $1,890 $2,308
Palmetto, Georgia Payment Standard Range $1,211 to $1,480 $1,238 to $1,513 $1,398 to $1,708 $1,701 to $2,079 $2,077 to $2,539

Sourced from federal housing data and research.

Palmetto, GA Affordable Housing Snapshot

Total Affordable Apartment Properties 3
Total Low Income Apartments 170
Total Housing Units with Rental Assistance 20
Percentage of Housing Units Occupied By Renters 38.21%
Average Renter Household Size 2.35
Average Household Size 2.99
Median Household Income $41,489 ±$9,163
Median Rent $841 ±$110
Percentage Of Renters Overburdened 70.76% ± 19.87pp
Total Population 4,928

Population and Household Demographics

Palmetto is a city in Coweta County, Georgia with a population of 4,928. There are 1,620 households in the city with an average household size of 2.99 persons. 38.21% of households in Palmetto are renters.

Income and Rent Overburden in Palmetto

The median gross income for households in Palmetto is $41,489 a year, or $3,457 a month. The median rent for the city is $841 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Palmetto, a household making less than $2,803 a month would be considered overburdened when renting an apartment at or above the median rent. 70.76% of households who rent are overburdened in Palmetto.

Area Median Income In Palmetto

Affordable housing program eligibility is always determined by one's income. Each household's income is compared to the incomes of all other households in the area. This is accomplished through a statistic established by the government called the Area Median Income, most often referred to as AMI. The AMI is calculated and published each year by HUD.

HUD often uses an area larger than a city to determine the AMI because HUD anticipates those searching for housing will look beyond individual cities during their housing search. For Palmetto, the AMI is calculated from all households within Coweta County.

In Palmetto, HUD calculates the Area Median Income for a family of four as $103,500

Most affordable housing programs determine eligibility based on the percent of AMI a given household's income is. Among the programs that determine eligibility based on the AMI are Section 8, HOME, LIHTC, Section 515, 202 and 811.

Rental Assistance in Palmetto

Rental assistance is a type of housing subsidy that pays for a portion of a renter’s monthly housing costs, including rent and tenant paid utilities. This housing assistance can come in the form of Section 8 Housing Choice Vouchers, project-based Section 8 contracts, public housing, USDA Rental Assistance (in Section 515 properties) as well as HUD Section 202 and 811 properties for elderly and disabled households.

Income Qualifications for HUD Rental Assistance in Palmetto

1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% AMI Income Limits
Renters earning up to 30% of the Palmetto AMI may qualify for rental assistance programs that target Extremely Low Income households.
$21,500 $24,550 $27,600 $30,650 $35,140 $40,280 $45,420 $50,560
50% AMI Income Limits
Renters earning up to 50% of the Palmetto AMI may qualify for rental assistance programs that target Very Low Income households.
$35,750 $40,850 $45,950 $51,050 $55,150 $59,250 $63,350 $67,400
80% AMI Income Limits
Renters earning up to 80% of the Palmetto AMI may qualify for rental assistance programs that target Low Income households.
$57,200 $65,350 $73,500 $81,650 $88,200 $94,750 $101,250 $107,800