What HUD offices serve Holly Hill, 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.
Go to the South Carolina Public Housing and Low-Income Apartments Waiting Lists page for openings near Holly Hill.
How many renters live in Holly Hill, South Carolina?
The City of Holly Hill has 1,384 people living in 461 households.
There are 783 renters living in 222 renter households in this City. Renters make up 56.58 percent of the population living in Holly Hill.
What is the rental market like in Holly Hill, South Carolina?
There are an estimated 617 housing units in the Holly Hill area. Of these, 233 units are rental homes, making up 38 percent of the housing market. For every renter household in Holly Hill, South Carolina, there are 1 rental units.
What is the vacancy rate for rentals in Holly Hill?
The rental vacancy rate in Holly Hill 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 Holly Hill for each bedroom size?
Occupied Rental Units by Size in Holly Hill
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 11 | 78 | 2 | 112 | 19 |
Occupied Rental Units by Size in Holly Hill
A large number of apartments in Holly Hill 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 Holly Hill are overburdened by housing costs?
Among renter households in this market, 69 percent have housing cost burden. Further, 38 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 Holly Hill
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $807 to $1,356. FMRs are updated annually by HUD for every city and county nationwide.
| Bed Size | 2024 Fair Market Rents |
| Studio | $807 |
| One BR | $825 |
| Two BR | $957 |
| Three BR | $1,172 |
| Four BR | $1,356 |
2024 Fair Market Rents in Holly Hill, South Carolina
How many units are rented at Fair Market Rent (FMR) in Holly Hill?
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 | 11 | 100 percent |
| One BR | 75 | 96 percent |
| Two BR | 0 | 100 percent |
Rental Units Below FMR in Holly Hill, South Carolina
How many affordable rental units are in Holly Hill?
There are a variety of federal affordable housing programs serving households in Holly Hill, South Carolina including the following:
| Federal Program | Unit Count |
| Low Income Housing Tax Credit | 48 |
| Section 8 Project-Based Rental Assistance | 36 |
| Section 202 Supportive Housing for the Elderly | 23 |
| Section 811 Supportive Housing for Persons with Disabilities | 21 |
Tracked Units by Federal Program in Holly Hill, South Carolina
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in Holly Hill, South Carolina
Holly Hill features 109 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 Holly Hill, South Carolina
There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Holly Hill.
Housing Choice Vouchers in Holly Hill, South Carolina
On average, Section 8 Housing Choice vouchers pay Holly Hill landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Holly Hill.
The maximum amount a voucher would pay on behalf of a low-income tenant in Holly Hill, South Carolina for a two-bedroom apartment is between $861 and $1,053.
Sourced from federal housing data and AffordableHousingOnline.com research.
