Toccoa, Georgia Affordable Housing

Affordable Housing programs support 504 income based apartments in Toccoa where households pay rent based on how much they earn.

There are 209 affordable apartments in Toccoa that offer reduced rents to low-income households.

Waiting Lists in Toccoa, Georgia

There are no open Section 8 Housing Choice Voucher waiting lists in Toccoa. Go to the Georgia Section 8 Waiting Lists page for openings near Toccoa.

Imperial Place

130 Ellen Ct
Toccoa, Georgia
Call For Rent
1-2 BR

Imperial Place

114 Rose Ln
Toccoa, Georgia
Call For Rent
1-2 BR

Fern Point

280 Fern Point Dr
Toccoa, Georgia
Call For Rent
1-3 BR

Falls Park Apartments

47 Falls Park Drive
Toccoa, Georgia
Call For Rent
1-3 BR

Queen Street Apartments

605 S Pond St
Toccoa, Georgia
Rent Assisted

Toccoa Pines

1 Mulkey Rd
Toccoa, Georgia
Rent Assisted

E Stephens - 1

156 Mill St
Toccoa, Georgia

Stephens - 2

118 Morgan St
Toccoa, Georgia

Stephens Banks

111 Circleview Dr
Toccoa, Georgia

Glendale Apartments

200 Glendale Street
Toccoa, Georgia
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Public Housing Agencies Serving Toccoa, 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.

Waiting lists for project-based assistance, like the Public Housing program, are open:

Housing Authority Programs
Housing Authority of the City of Toccoa Public Housing
Georgia Department of Community Affairs Section 8 Housing Choice Voucher (HCV); Homeownership Voucher; Family Self-Sufficiency; Veteran Affairs Supportive Housing (VASH); Section 8 Project-Based Voucher (PBV)
Go to the Georgia Public Housing and Low-Income Apartments Waiting Lists page for openings near Toccoa.

Toccoa, Georgia Affordable Housing Data

Income Based Apartments in Toccoa, Georgia

Toccoa features 504 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 Toccoa, Georgia

There are 209 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Toccoa.

Housing Choice Vouchers in Toccoa, Georgia

On average, Section 8 Housing Choice vouchers pay Toccoa landlords $800 per month towards rent. The average voucher holder contributes $400 towards rent in Toccoa.

The maximum amount a voucher would pay on behalf of a low-income tenant in Toccoa, Georgia for a two-bedroom apartment is between $740 and $904.

2023 Toccoa, Georgia Fair Market Rents and Housing Choice Voucher Payment Standards

Fair Market Rents can be used to better understand the average housing costs of an area. Fair Market Rents are used by HUD to establish payment and rent standards for federal rental assistance programs like the Section 8 Housing Choice Voucher Program.

Studio One BR Two BR Three BR Four BR
Toccoa, Georgia Fair Market Rent $620 $624 $822 $1,071 $1,315
Toccoa, Georgia Payment Standard Range $558 to $682 $562 to $686 $740 to $904 $964 to $1,178 $1,184 to $1,447

Sourced from federal housing data and research.

Toccoa, GA Affordable Housing Snapshot

Total Affordable Apartment Properties 10
Total Low Income Apartments 713
Total Housing Units with Rental Assistance 504
Percentage of Housing Units Occupied By Renters 43.07%
Average Renter Household Size 2.69
Average Household Size 2.91
Median Household Income $33,527 ±$2,871
Median Rent $583 ±$58
Percentage Of Renters Overburdened 48.52% ± 8.93pp
Total Population 8,302

Population and Household Demographics

Toccoa is a city in Stephens County, Georgia with a population of 8,302. There are 2,828 households in the city with an average household size of 2.91 persons. 43.07% of households in Toccoa are renters.

Income and Rent Overburden in Toccoa

The median gross income for households in Toccoa is $33,527 a year, or $2,794 a month. The median rent for the city is $583 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Toccoa, a household making less than $1,943 a month would be considered overburdened when renting an apartment at or above the median rent. 48.52% of households who rent are overburdened in Toccoa.

Area Median Income In Toccoa

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 Toccoa, the AMI is calculated from all households within Stephens County.

In Toccoa, HUD calculates the Area Median Income for a family of four as $66,600

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 Toccoa

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 HUD Rental Assistance in Toccoa

1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% AMI Income Limits
Renters earning up to 30% of the Toccoa AMI may qualify for rental assistance programs that target Extremely Low Income households.
$13,590 $18,310 $23,030 $27,750 $32,470 $36,100 $38,600 $41,100
50% AMI Income Limits
Renters earning up to 50% of the Toccoa AMI may qualify for rental assistance programs that target Very Low Income households.
$21,800 $24,900 $28,000 $31,100 $33,600 $36,100 $38,600 $41,100
80% AMI Income Limits
Renters earning up to 80% of the Toccoa AMI may qualify for rental assistance programs that target Low Income households.
$34,850 $39,800 $44,800 $49,750 $53,750 $57,750 $61,700 $65,700