Low Income Apartments and Affordable Housing For Rent in Putnam County, GA

Discover affordable housing in Putnam County where there are 4+ 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.

Heritage Villas of Eatonton

702 Church Street, Eatonton, Georgia 31024

Lakeview Senior Gardens

400 Mallard Drive, Eatonton, Georgia 31024

Hillside Apartments

155 Hillside Dr, Eatonton, Georgia 31024

Lawson Montgomery Hmes

210 Lawson Dr, Eatonton, Georgia 31024

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Putnam County, Georgia
$19.36/hour
$12.11 (+167%) more than Georgia minimum wage and $12.11 (+167%) more than the Federal minimum wage.
Learn More About Putnam County, Georgia Affordable Housing ↓

What HUD offices serve Putnam County, 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), Homeownership Voucher, Family Self-Sufficiency, Veteran Affairs Supportive Housing (VASH), Section 8 Project-Based Voucher (PBV) programs for Putnam County, Georgia.

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

How many renters live in Putnam County, Georgia?

The County of Putnam County has 22,206 people living in 9,852 households.

There are 4,513 renters living in 2,005 renter households in this County. Renters make up 20.32 percent of the population living in Putnam County.

What is the rental market like in Putnam County, Georgia?

There are an estimated 13,171 housing units in the Putnam County area. Of these, 2,160 units are rental homes, making up 16 percent of the housing market. For every renter household in Putnam County, Georgia, there are 1 rental units.

What is the vacancy rate for rentals in Putnam County?

The rental vacancy rate in Putnam County is 7 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 Putnam County for each bedroom size?

Occupied Rental Units by Size in Putnam County
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
48 251 724 771 154
Occupied Rental Units by Size in Putnam County

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

Among renter households in this market, 40 percent have housing cost burden. Further, 24 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 Putnam County

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $800 to $1,734. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $800
One BR $805
Two BR $1,022
Three BR $1,299
Four BR $1,734
2024 Fair Market Rents in Putnam County, Georgia

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

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 4 8 percent
One BR 157 63 percent
Two BR 492 68 percent
Rental Units Below FMR in Putnam County, Georgia

How many affordable rental units are in Putnam County?

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

Federal Program Unit Count
Low Income Housing Tax Credit 46
Section 8 Project-Based Rental Assistance 164
USDA Section 515 Rural Rental Housing 30
Tracked Units by Federal Program in Putnam County, Georgia

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

Income Based Apartments in Putnam County, Georgia

Putnam County features 194 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 Putnam County, Georgia

There are 48 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Putnam County.

Housing Choice Vouchers in Putnam County, Georgia

On average, Section 8 Housing Choice vouchers pay Putnam County landlords $800 per month towards rent. The average voucher holder contributes $300 towards rent in Putnam County.

The maximum amount a voucher would pay on behalf of a low-income tenant in Putnam County, Georgia for a two-bedroom apartment is between $920 and $1,124.

Sourced from federal housing data and AffordableHousingOnline.com research.