Low Income Apartments and Affordable Housing For Rent in Pawleys Island, SC

Discover affordable housing in Pawleys Island where there are 1+ 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.

St Elizabeth Place

257 Baskervill Dr, Pawleys Island, South Carolina 29585

calendar_today Opened: Nov 3
Open Until Further Notice

Reported On February 23rd, 2024 by Nathan Brunet

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Pawleys Island, South Carolina
$21.10/hour
$13.85 (+191%) more than South Carolina minimum wage and $13.85 (+191%) more than the Federal minimum wage.
Learn More About Pawleys Island, South Carolina Affordable Housing ↓

What HUD offices serve Pawleys Island, 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 Pawleys Island, South Carolina.

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

How many renters live in Pawleys Island, South Carolina?

The City of Pawleys Island has 104 people living in 64 households.

There are 6 renters living in 6 renter households in this City. Renters make up 5.77 percent of the population living in Pawleys Island.

What is the rental market like in Pawleys Island, South Carolina?

There are an estimated 536 housing units in the Pawleys Island area. Of these, 9 units are rental homes, making up 2 percent of the housing market. For every renter household in Pawleys Island, South Carolina, there are 2 rental units.

What is the vacancy rate for rentals in Pawleys Island?

The rental vacancy rate in Pawleys Island is 33 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 Pawleys Island for each bedroom size?

Occupied Rental Units by Size in Pawleys Island
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
0 0 4 0 0
Occupied Rental Units by Size in Pawleys Island

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

Among renter households in this market, 33 percent have housing cost burden. Further, 0 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 Pawleys Island

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $842 to $1,582. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $842
One BR $848
Two BR $1,114
Three BR $1,478
Four BR $1,582
2024 Fair Market Rents in Pawleys Island, South Carolina

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

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
Two BR 0 100 percent
Rental Units Below FMR in Pawleys Island, South Carolina

How many affordable rental units are in Pawleys Island?

Income Based Apartments in Pawleys Island, South Carolina

Pawleys Island features 48 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 Pawleys Island, South Carolina

There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Pawleys Island.

Housing Choice Vouchers in Pawleys Island, South Carolina

On average, Section 8 Housing Choice vouchers pay Pawleys Island landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Pawleys Island.

The maximum amount a voucher would pay on behalf of a low-income tenant in Pawleys Island, South Carolina for a two-bedroom apartment is between $1,003 and $1,225.

Sourced from federal housing data and AffordableHousingOnline.com research.