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Housing market/Georgia/ZIP 30241

ACS 2023 · FY2027 SAFMR

ZIP 30241 Lagrange, Troup County, Georgia

Troup County, GA · Georgia. Census housing stock, renter economics, HUD SAFMR, LIHTC, and population change. Not a listing page and not a buy/sell score.

Population
24,890
Households
9,492
Median HH income
$47,988
Renter share
49.1%
Median gross rent
$1,077
Vacancy
9.0%
Pop. change
-1.5%
2BR SAFMR
$1,220
SAFMR / rent
1.133×
2–49 unit stock
2,158
LIHTC proj / units
3 / 267
HUD assisted MF
5 / 346

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 30241 · GA — sent to you.

ZIP 30241 · GA

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ACS rent vs 2BR SAFMR

ZIP 30241 — Lagrange, GA HUD Section 8 Payment Standards / SAFMR →
ACS median rent$1,077
2BR SAFMR$1,220
90% floor$1,098
110% ceiling$1,342

ACS median is all-bedroom occupied rent. SAFMR is the 2-bedroom HCV benchmark.

Housing stock

ACS 2023 units-in-structure · ZCTA 30241

  • 1-unit detached7,20369.1%
  • 1-unit attached2472.4%
  • 2–4 units5545.3%
  • 5–49 units1,60415.4%
  • 50+ units1371.3%
  • Mobile6826.5%
TypeUnitsShare
1-unit detached7,20369.0%
1-unit attached2472.4%
2 units (duplex)4464.3%
3–4 units1081.0%
5–9 units7106.8%
10–19 units6025.8%
20–49 units2922.8%
50+ units1371.3%
Mobile6826.5%

2–4 unit share 5.3% · 5–49 unit share 15.4% · combined 2–49 20.7%.

Units by bedrooms

Studio
122
1BR
657
2BR
3,230
3BR
4,412
4BR
1,603
5+
409

Rent burden

Rent ≥30% of income56.5%
Rent ≥50% of income28.5%
  • ACS median gross rent $1,077 (all bedrooms, occupied rentals).
  • Median contract rent $772.
  • Renters paying ≥30% of income 56.5%; ≥50% 28.5%.
  • FY2027 2BR SAFMR $1,220 (1.133× ACS median gross rent).

Population

24,890 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: -1.5%.

ACS 5-year estimates lag current construction. This is not a forecast.

Assisted inventory

  • LIHTC: 3 projects, 267 units.
  • HUD project-based assisted MF: 5 properties, 346 assisted units.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

New apartment permits

About 290 new apartments in 5+ unit buildings may have been permitted in this ZIP’s share of the county. That is units (doors), not a building count.

Cities and counties report building permits to the Census. Apartment counts are for the whole county, not a project list in this ZIP.

What the data shows

ZIP 30241 49.1% of occupied households are renters; vacancy is 9.0%; ACS median gross rent is $1,077; population changed -1.5% between the 2018 and 2023 ACS vintages; the housing stock includes 554 units in 2–4-unit structures and 1,604 units in 5–49-unit structures; 3 LIHTC projects totaling 267 units; FY2027 2BR SAFMR is $1,220 versus ACS median gross rent of $1,077. These figures describe the underlying housing market, not the cash flow of any one property. Asking rents, expenses, condition, taxes, insurance, and the rent roll have to be underwritten separately.

ZIP 30241 — Lagrange, GA HUD Section 8 Payment Standards / SAFMR·Georgia ZIP directory

Nearby ZIPs in this FMR area

ZIPPlaceRentersMed. rent2BR SAFMR
30217Troup County, GA28.0%$797$1,00030220Troup County, GA13.9%$1,278$1,48030230Troup County, GA35.6%$1,127$1,27030240Troup County, GA41.4%$1,035$1,19030261Troup County, GA——$1,19031822Troup County, GA27.7%$902$1,06031833Troup County, GA25.3%$746$1,060

Census ZIP areas approximate mail ZIPs. Sources: Census ACS 5-year 2023, HUD FY2027 Small Area FMR, HUD LIHTC and assisted multifamily lists, Census building permits (county). This page is Georgia research. Brokerage is Georgia.

FAQ

What is the housing market like in ZIP 30241?

ZIP 30241 (Troup County, GA) has 24,890 residents, 9,492 households, a renter share of 49.1%, median household income of $47,988, and ACS 2023 median gross rent of $1,077. Vacancy is 9.0%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 30241?

ACS counts 446 units in 2-unit buildings, 108 in 3–4 unit buildings, 710 in 5–9, 602 in 10–19, and 292 in 20–49. Combined 2–49 unit stock is 2,158 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 30241?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,220. See the full schedule and 90–110% payment-standard band on the ZIP 30241 — Lagrange, GA HUD Section 8 Payment Standards / SAFMR.