What HUD offices serve Peachtree City, 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.
Go to the Georgia Public Housing and Low-Income Apartments Waiting Lists page for openings near Peachtree City.
How many renters live in Peachtree City, Georgia?
The City of Peachtree City has 38,414 people living in 14,598 households.
There are 8,721 renters living in 3,726 renter households in this City. Renters make up 22.7 percent of the population living in Peachtree City.
What is the rental market like in Peachtree City, Georgia?
There are an estimated 15,726 housing units in the Peachtree City area. Of these, 4,209 units are rental homes, making up 27 percent of the housing market. For every renter household in Peachtree City, Georgia, there are 1 rental units.
What is the vacancy rate for rentals in Peachtree City?
The rental vacancy rate in Peachtree City is 8 percent. This is a higher than average vacancy rate. When rental vacancy rates are high it means that there are a lot of available units and rents tend to be lower.
How many rental units are in Peachtree City for each bedroom size?
Occupied Rental Units by Size in Peachtree City
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 128 | 727 | 1,091 | 1,133 | 627 |
Occupied Rental Units by Size in Peachtree City
A large number of apartments in Peachtree City 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 Peachtree City are overburdened by housing costs?
Among renter households in this market, 52 percent have housing cost burden. Further, 27 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 Peachtree City
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 Peachtree City, Georgia
How many units are rented at Fair Market Rent (FMR) in Peachtree City?
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 | 0 | 100 percent |
| One BR | 438 | 60 percent |
| Two BR | 355 | 33 percent |
Rental Units Below FMR in Peachtree City, Georgia
How many affordable rental units are in Peachtree City?
There are a variety of federal affordable housing programs serving households in Peachtree City, Georgia including the following:
| Federal Program | Unit Count |
| Low Income Housing Tax Credit | 442 |
| Section 8 Project-Based Rental Assistance | 83 |
| USDA Section 515 Rural Rental Housing | 50 |
Tracked Units by Federal Program in Peachtree City, Georgia
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in Peachtree City, Georgia
Peachtree City 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 Peachtree City, Georgia
There are 506 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Peachtree City.
Housing Choice Vouchers in Peachtree City, Georgia
On average, Section 8 Housing Choice vouchers pay Peachtree City landlords $700 per month towards rent. The average voucher holder contributes $400 towards rent in Peachtree City.
The maximum amount a voucher would pay on behalf of a low-income tenant in Peachtree City, Georgia for a two-bedroom apartment is between $1,660 and $2,028.
Sourced from federal housing data and AffordableHousingOnline.com research.
