Low Income Apartments and Affordable Housing For Rent in Anderson, SC

Discover affordable housing in Anderson where there are 25+ 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.

Meadow Run Apartments

3301 Abbeville Hwy, Anderson, South Carolina 29624

Fairview Gardens

1101 Williamston Rd, Anderson, South Carolina 29621

Allison Square

100 Allison Square Dr., Anderson, South Carolina 29624

Kingston Pointe

101 Fyffe Dr, Anderson, South Carolina 29625

Pointe at Bay Hill

170 Bay Hill Cir, Anderson, South Carolina 29625

Anderson Village

200 Miracle Mile Drive, Anderson, South Carolina 29621

Park On Market

101 Darby Ln , Anderson, South Carolina 29624

Friendship Court, Lp

719 W Mauldin St, Anderson, South Carolina 29625

Cypress Park Apartments

100 Challenge Court, Anderson, South Carolina 29624

Mt Vernon Place Apartments

203 Miracle Mile #183, Anderson, South Carolina 29621

Belton Woods

110 Howard Ln, Anderson, South Carolina 29621

New Prospects Housing Corporation

112 Genesis Cir, Anderson, South Carolina 29625

Baptist VI

403 Rosewood Dr, Anderson, South Carolina 29625

Oak Place

100 Duvall Way , Anderson, South Carolina 29624

Jonathans Joy

66 Jonathans Joy Cir, Anderson, South Carolina 29626

Kingston Pointe II

210 Hales Dr, Anderson, South Carolina 29625

Hampton Greene Apartments

2307 Standridge Rd, Anderson, South Carolina 29625

Anderson Place

104 Gamewell Ct, Anderson, South Carolina 29621

Heatherwood Apartments

1025 W Whitner St, Anderson, South Carolina 29624

Legacy at Anderson

501 Little Creek Rd, Anderson, South Carolina 29621

calendar_today Opens: Apr 15
calendar_today Closes: Apr 30,

Reported On March 4th, 2024 by Ayat Elkarib

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Anderson, South Carolina
$19.77/hour
$12.52 (+173%) more than South Carolina minimum wage and $12.52 (+173%) more than the Federal minimum wage.
Learn More About Anderson, South Carolina Affordable Housing ↓

What HUD offices serve Anderson, South Carolina?

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 programs for Anderson, South Carolina.
Operates the Section 8 Housing Choice Voucher (HCV), Public Housing programs for Anderson, South Carolina.

Go to the South Carolina Public Housing and Low-Income Apartments Waiting Lists page for openings near Anderson.

How many renters live in Anderson, South Carolina?

The City of Anderson has 29,345 people living in 12,008 households.

There are 13,084 renters living in 5,999 renter households in this City. Renters make up 44.59 percent of the population living in Anderson.

What is the rental market like in Anderson, South Carolina?

There are an estimated 13,630 housing units in the Anderson area. Of these, 6,778 units are rental homes, making up 50 percent of the housing market. For every renter household in Anderson, South Carolina, there are 1 rental units.

What is the vacancy rate for rentals in Anderson?

The rental vacancy rate in Anderson is 11 percent. This is a higher than average vacancy rate. When rental vacancy rates are high it means that there are a lot of available units and rents tend to be lower.

How many rental units are in Anderson for each bedroom size?

Occupied Rental Units by Size in Anderson
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
250 1,334 2,939 1,324 133
Occupied Rental Units by Size in Anderson

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

Among renter households in this market, 49 percent have housing cost burden. Further, 31 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 Anderson

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $838 to $1,756. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $838
One BR $841
Two BR $1,044
Three BR $1,318
Four BR $1,756
2024 Fair Market Rents in Anderson, South Carolina

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

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 209 84 percent
One BR 703 53 percent
Two BR 1,873 64 percent
Rental Units Below FMR in Anderson, South Carolina

How many affordable rental units are in Anderson?

There are a variety of federal affordable housing programs serving households in Anderson, South Carolina including the following:

Federal Program Unit Count
Low Income Housing Tax Credit 615
Public Housing 240
Section 8 Project-Based Rental Assistance 648
Tracked Units by Federal Program in Anderson, South Carolina

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

Income Based Apartments in Anderson, South Carolina

Anderson features 942 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 Anderson, South Carolina

There are 1,067 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Anderson.

Housing Choice Vouchers in Anderson, South Carolina

On average, Section 8 Housing Choice vouchers pay Anderson landlords $800 per month towards rent. The average voucher holder contributes $300 towards rent in Anderson.

The maximum amount a voucher would pay on behalf of a low-income tenant in Anderson, South Carolina for a two-bedroom apartment is between $940 and $1,148.

Sourced from federal housing data and AffordableHousingOnline.com research.