What HUD offices serve Pearson, 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 Pearson.
How many renters live in Pearson, Georgia?
The City of Pearson has 1,826 people living in 714 households.
There are 746 renters living in 312 renter households in this City. Renters make up 40.85 percent of the population living in Pearson.
What is the rental market like in Pearson, Georgia?
There are an estimated 838 housing units in the Pearson area. Of these, 312 units are rental homes, making up 37 percent of the housing market. For every renter household in Pearson, Georgia, there are 1 rental units.
What is the vacancy rate for rentals in Pearson?
The rental vacancy rate in Pearson is 0 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 Pearson for each bedroom size?
Occupied Rental Units by Size in Pearson
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 0 | 39 | 195 | 60 | 18 |
Occupied Rental Units by Size in Pearson
A large number of apartments in Pearson 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 Pearson are overburdened by housing costs?
Among renter households in this market, 53 percent have housing cost burden. Further, 12 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 Pearson
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $724 to $1,270. FMRs are updated annually by HUD for every city and county nationwide.
| Bed Size | 2024 Fair Market Rents |
| Studio | $724 |
| One BR | $729 |
| Two BR | $885 |
| Three BR | $1,172 |
| Four BR | $1,270 |
2024 Fair Market Rents in Pearson, Georgia
How many units are rented at Fair Market Rent (FMR) in Pearson?
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 |
| One BR | 38 | 97 percent |
| Two BR | 195 | 100 percent |
Rental Units Below FMR in Pearson, Georgia
How many affordable rental units are in Pearson?
There are a variety of federal affordable housing programs serving households in Pearson, Georgia including the following:
| Federal Program | Unit Count |
| Low Income Housing Tax Credit | 51 |
| Public Housing | 21 |
| Section 8 Project-Based Rental Assistance | 28 |
| USDA Section 515 Rural Rental Housing | 44 |
Tracked Units by Federal Program in Pearson, Georgia
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in Pearson, Georgia
Pearson features 96 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 Pearson, Georgia
There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Pearson.
Housing Choice Vouchers in Pearson, Georgia
On average, Section 8 Housing Choice vouchers pay Pearson landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Pearson.
The maximum amount a voucher would pay on behalf of a low-income tenant in Pearson, Georgia for a two-bedroom apartment is between $797 and $974.
Sourced from federal housing data and AffordableHousingOnline.com research.
