What HUD offices serve Swainsboro, 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 Swainsboro.
How many renters live in Swainsboro, Georgia?
The City of Swainsboro has people living in households.
There are renters living in renter households in this City. Renters make up 62.87 percent of the population living in Swainsboro.
What is the rental market like in Swainsboro, Georgia?
There are an estimated housing units in the Swainsboro area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Swainsboro, Georgia, there are 1.12 rental units.
What is the vacancy rate for rentals in Swainsboro?
The rental vacancy rate in Swainsboro is 5 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 Swainsboro for each bedroom size?
Occupied Rental Units by Size in Swainsboro
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms 21 208 398 1,026 122 Occupied Rental Units by Size in Swainsboro
A large number of apartments in Swainsboro have two or fewer bedrooms. Seniors and young professionals especially may have more success finding an apartment that meets their needs.
How Much Is Rent in Swainsboro
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $758 to $1,502. FMRs are updated annually by HUD for every city and county nationwide.
Bed Size 2024 Fair Market Rents Studio $758 One BR $788 Two BR $885 Three BR $1,070 Four BR $1,502 2024 Fair Market Rents in Swainsboro, Georgia
How many units are rented at Fair Market Rent (FMR) in Swainsboro?
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 21 100 percent One BR 208 100 percent Two BR 243 61 percent Rental Units Below FMR in Swainsboro, Georgia
How many affordable rental units are in Swainsboro?
There are a variety of federal affordable housing programs serving households in
Swainsboro, Georgia including the following: Rental units may be funded in part by multiple federal programs.Federal Program Unit Count Low Income Housing Tax Credit Public Housing Section 8 Project-Based Rental Assistance USDA Section 515 Rural Rental Housing Tracked Units by Federal Program in Swainsboro, Georgia
Income Based Apartments in Swainsboro, Georgia
Swainsboro features 397 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 Swainsboro, Georgia
There are 118 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Swainsboro.
Housing Choice Vouchers in Swainsboro, Georgia
On average, Section 8 Housing Choice vouchers pay Swainsboro landlords $700 per month towards rent. The average voucher holder contributes $300 towards rent in Swainsboro.
The maximum amount a voucher would pay on behalf of a low-income tenant in Swainsboro, Georgia for a two-bedroom apartment is between $797 and $974.
Sourced from federal housing data and AffordableHousingOnline.com research.