Low Income Apartments and Affordable Housing For Rent in Sandy Springs, GA

Discover affordable housing in Sandy Springs where there are 1+ 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.

Shannon Creste Apartments

6405 Barfield Rd, Sandy Springs, Georgia 0

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Sandy Springs, 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 Sandy Springs, Georgia Affordable Housing ↓

What HUD offices serve Sandy Springs, 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, Homeownership Voucher, Section 8 Project-Based Voucher (PBV) programs for Sandy Springs, Georgia.

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

How many renters live in Sandy Springs, Georgia?

The City of Sandy Springs has 107,767 people living in 50,135 households.

There are 43,292 renters living in 22,168 renter households in this City. Renters make up 40.17 percent of the population living in Sandy Springs.

What is the rental market like in Sandy Springs, Georgia?

There are an estimated 54,827 housing units in the Sandy Springs area. Of these, 27,402 units are rental homes, making up 50 percent of the housing market. For every renter household in Sandy Springs, Georgia, there are 1 rental units.

What is the vacancy rate for rentals in Sandy Springs?

The rental vacancy rate in Sandy Springs is 6 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 Sandy Springs for each bedroom size?

Occupied Rental Units by Size in Sandy Springs
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
1,056 10,311 10,491 2,559 695
Occupied Rental Units by Size in Sandy Springs

A large number of apartments in Sandy Springs 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 Sandy Springs are overburdened by housing costs?

Among renter households in this market, 38 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 Sandy Springs

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 Sandy Springs, Georgia

How many units are rented at Fair Market Rent (FMR) in Sandy Springs?

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 581 55 percent
One BR 5,548 54 percent
Two BR 2,191 21 percent
Rental Units Below FMR in Sandy Springs, Georgia

How many affordable rental units are in Sandy Springs?

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

Federal Program Unit Count
Low Income Housing Tax Credit 200
Section 8 Project-Based Rental Assistance 329
Tracked Units by Federal Program in Sandy Springs, Georgia

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

Income Based Apartments in Sandy Springs, Georgia

Sandy Springs features 0 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 Sandy Springs, Georgia

There are 200 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Sandy Springs.

Housing Choice Vouchers in Sandy Springs, Georgia

On average, Section 8 Housing Choice vouchers pay Sandy Springs landlords $1,500 per month towards rent. The average voucher holder contributes $300 towards rent in Sandy Springs.

The maximum amount a voucher would pay on behalf of a low-income tenant in Sandy Springs, Georgia for a two-bedroom apartment is between $1,660 and $2,028.

Sourced from federal housing data and AffordableHousingOnline.com research.