Cheap Apartments In Statesboro
Bulloch County, Georgia

Low Income Apartments In Statesboro

Laurel Pointe Apartments

510 E Main St
Statesboro, GA
1-2 BR
HCV Welcome

Statesboro Summit

241 N Main Street
Statesboro, GA
Subsidized

Wildwood Villas Apts

50 Wildwood Circle
Statesboro, GA

Wildwood Villas Apts Phase II

50 Wildwood Circle
Statesboro, GA

Blakewood Apartments

620 E Olliff Street
Statesboro, GA
Subsidized

Fox Ridge Apartments

Route 8 Packinghouse Rd
Statesboro, GA
Subsidized

Morris Heights

24 Morris St
Statesboro, GA
Subsidized

Statesboro Asn Housing, Inc

801 Gentilly Rd
Statesboro, GA
62+
Accessible
Elderly Supportive Housing
Subsidized

Madison Meadows Apartments

10 Packinghouse Rd
Statesboro, GA
HCV Welcome

24 East Apartments

566 E Main St
Statesboro, GA
HCV Welcome

There are 13 low income housing apartment complexes which contain 914 affordable apartments for rent in Statesboro, Georgia. Many of these rental apartments are income based housing with about 602 apartments that set rent based on your income. Often referred to as "HUD apartments", there are 300 Project-Based Section 8 subsidized apartments in Statesboro. There are 626 other low income apartments that don't have rental assistance but are still considered to be affordable housing for low income families.

Housing Authorities that serve Statesboro

Housing Authority Programs
Housing Authority of the City of Statesboro Public Housing
Georgia Department of Community Affairs Section 8 Housing Choice Voucher

Understanding Affordable Housing in Statesboro, Georgia

Statesboro, GA Affordable Housing Snapshot

Total Affordable Apartment Properties 13
Total Low Income Apartments 914
Total Rent Assisted Apartments 602
Percentage of Housing Units Occupied By Renters 79.01%
Average Renter Household Size 2.36
Total Population 30,059
Housing Units 10,454
Average Household Size 2.35
Median Household Income $22,763 ±$2,022
Median Rent $753 ±$39
Percentage Of Renters Overburdened 64.38% ± 5.58pp

Population and Household Demographics

Statesboro is a City in Bulloch County, Georgia with a population of 30,059. There are 10,454 households in the city with an average household size of 2.35 persons. 79.01% of households in Statesboro are renters.

Income and Rent Overburden in Statesboro

The median gross income for households in Statesboro is $22,763 a year, or $1,897 a month. The median rent for the city is $753 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Statesboro, a household making less than $2,510 a month would be considered overburdened when renting an apartment at or above the median rent. 64.38% of households who rent are overburdened in Statesboro.1

Data derived from 2010 Census and 2015 5-Year American Community Survey. Learn More.
1 Margin of Error: ± 5.58 percentage points.

Area Median Income In Statesboro

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 Statesboro, the AMI is calculated from all households within Bulloch County.

In Statesboro, HUD calculates the Area Median Income for a family of four as $46,900

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 Statesboro

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 Statesboro HUD Rental Assistance in Statesboro

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $12,140 $16,460 $20,780 $24,450 $26,450 $28,400 $30,350 $32,300
50% of Median $17,150 $19,600 $22,050 $24,450 $26,450 $28,400 $30,350 $32,300
80% of Median $27,400 $31,300 $35,200 $39,100 $42,250 $45,400 $48,500 $51,650

You can identify apartment communities that participate in a program that provides rental assistance by looking for the tags in the apartment list above. View Apartments.

Low Income Housing Tax Credits in Statesboro

The Low-Income Housing Tax Credit (LIHTC) program aims to create affordable rental housing for low and very low income families.

From 1990 to 2006, 5 low income apartment communities containing 369 rental apartments have been constructed and made affordable to low income persons in Statesboro by the Low Income Housing Tax Credit Program.

You can identify apartment communities that participate in the program in Statesboro by looking for the tag in the apartment list above. View Apartments.

If your income is less than 60% of the Area Median Income (AMI), you should not expect to pay more than the rent value for a unit in the table below. However, Affordable apartment communities that receive funding through the Low Income Housing Tax Credit program may have rental units that are not subject to income and rent limits.

Rent limits for the LIHTC Program are determined so that a household making the maximum income for the expected household size of the unit would only pay 30% of their income for rent.

Income Qualifications for Low Income Housing Tax Credit Apartments in Statesboro

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
50% of Median $17,150 $19,600 $22,050 $24,450 $26,450 $28,400 $30,350 $32,300
HERA 50% $19,850 $22,700 $25,550 $28,350 $30,650 $32,900 $35,200 $37,450
60% of Median $20,580 $23,520 $26,460 $29,340 $31,740 $34,080 $36,420 $38,760
HERA 60% $23,820 $27,240 $30,660 $34,020 $36,780 $39,480 $42,240 $44,940

For example, the expected household size for a two bedroom apartment is 3 people. Using the table above, the maximum income for a 3 person household at 60% of the AMI in Statesboro is $26,460 a year, or $2,205 a month. To determine the maximum rent in the table below we multiply the monthly maximum income, $2,205 by 30% to get a maximum rent of $662 a month.

Rent for units in the LIHTC Program include a utility allowance which is determined by the average monthly cost of utilities paid directly by residents. This allowance has not been subtracted from the rents in the table below. These utility allowances are set on a property by property basis.

% of AMI Studio 1 Bed 2 Bed 3 Bed 4 Bed 5 Bed
50% $429 $459 $551 $636 $710 $783
60% $515 $551 $662 $764 $852 $940
Fair Market Rents in Statesboro

Fair Market Rents, often abbreviated as FMR, can be used to better understand the average housing costs of an area. Notably, Fair Market Rents are used to establish the payment standards for the Housing Choice Voucher Program, maximum rents in HOME financed rental projects and initial rents for Section 8 project based assistance.

2019 Fair Market Rents
Studio One BR Two BR Three BR Four BR
$530 $582 $712 $1,029 $1,251