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

Discover affordable housing in Mccormick where there are 9+ 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.

The Oaks Apartments

500 Pine Street Ext, Mccormick, South Carolina 29835

bed 1
switch_access_shortcut Short Wait
payment Subsidized
real_estate_agent Accepts Vouchers
payment Income Based
accessibility Accessible

Mccormick Manor

713 S Mine Street, Mccormick, South Carolina 29835

bed 1
switch_access_shortcut Short Wait
payment Subsidized
real_estate_agent Accepts Vouchers
payment Income Based
accessibility Accessible

Gary St Apartments

Gary St, Gray St, Mccormick, South Carolina 29824

payment Subsidized

Carolina Street Apartments

Carolina Street, Marshall St, Church St, Mccormick, South Carolina 29835

payment Subsidized

Cherry Manor Apartments

700 Cherry Street, Mccormick, South Carolina 29835

switch_access_shortcut Short Wait
payment Subsidized
real_estate_agent Accepts Vouchers
payment Income Based

Westowne Apartments

437 Talbert Road, Mccormick, South Carolina 29835

switch_access_shortcut Short Wait
payment Subsidized
real_estate_agent Accepts Vouchers
payment Income Based

Willow Creek of McCormick

312 Pine Street , Mccormick, South Carolina 29835

switch_access_shortcut Short Wait
payment Subsidized
real_estate_agent Accepts Vouchers
accessibility Accessible

Timber Ridge Apartments

308 Wall Rd, Mccormick, South Carolina 29835

switch_access_shortcut Short Wait
payment Subsidized
real_estate_agent Accepts Vouchers
payment Income Based
accessibility Accessible

M99 Mhamccorm Mccormick Apartments Rh

Mccormick Apts, Mccormick, South Carolina 29835

How To Identify Affordable Housing in Mccormick, South Carolina

Look for program and preference badges on affordable apartment listings. These badges can help you identify the types of low income housing each apartment offers and if you may be eligbile for rental assistance or reduced rents.

Badge Description
switch_access_shortcut Short Wait
Low income apartments with no or short waiting lists.
payment Subsidized
Low income housing where the rent is subsidized and the renter pays only a portion of total rent.
real_estate_agent Accepts Vouchers
Apartments that accept Section 8 vouchers near you
elderly Senior
Rental housing for seniors who are 55 (or sometimes 62) and older.
payment Income Based
Affordable apartments where the rent paid is based on renter income.
accessibility Accessible
Meets Accessibilty Requirements of the Fair Housing Act, the ADA, or HUD policy.
accessible_forward Disability
Apartments for individuals or families with disabilities.
real_estate_agent Naturally Affordable
Naturally Occuring Affordable Housing - or NOAH - is any housing unit that offers affordable rent without participating in a rent subsidy program.
The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Mccormick, South Carolina
$18.83/hour
$11.58 (+160%) more than South Carolina minimum wage and $11.58 (+160%) more than the Federal minimum wage.
Learn More About Mccormick, South Carolina Affordable Housing ↓

What HUD offices serve Mccormick, 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 Mccormick, South Carolina.

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

How many renters live in Mccormick, South Carolina?

The City of Mccormick has people living in households.

There are renters living in renter households in this City. Renters make up 27.32 percent of the population living in Mccormick.

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

There are an estimated housing units in the Mccormick area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Mccormick, South Carolina, there are 1.17 rental units.

What is the vacancy rate for rentals in Mccormick?

The rental vacancy rate in Mccormick 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 Mccormick for each bedroom size?

Occupied Rental Units by Size in Mccormick
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
3 124 147 102 4
Occupied Rental Units by Size in Mccormick

A large number of apartments in Mccormick 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 Mccormick

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $752 to $1,398. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $752
One BR $757
Two BR $994
Three BR $1,283
Four BR $1,398
2024 Fair Market Rents in Mccormick, South Carolina

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

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 3 100 percent
One BR 115 93 percent
Two BR 146 99 percent
Rental Units Below FMR in Mccormick, South Carolina

How many affordable rental units are in Mccormick?

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

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 Mccormick, South Carolina

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

Income Based Apartments in Mccormick, South Carolina

Mccormick features 492 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 Mccormick, South Carolina

There are 8 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Mccormick.

Housing Choice Vouchers in Mccormick, South Carolina

On average, Section 8 Housing Choice vouchers pay Mccormick landlords $500 per month towards rent. The average voucher holder contributes $300 towards rent in Mccormick.

The maximum amount a voucher would pay on behalf of a low-income tenant in Mccormick, South Carolina for a two-bedroom apartment is between $895 and $1,093.

Sourced from federal housing data and AffordableHousingOnline.com research.

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