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

Discover affordable housing in Piedmont where there are 3+ 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.

Creekside Apartments

205 Saluda Dr, Piedmont, South Carolina 29673

Piedmont Pointe Apartments

300 Old Pelzer Rd, Piedmont, South Carolina 29673

Creekside Apartments II

205 Saluda Dr, Piedmont, South Carolina 29673

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 Piedmont, 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 Piedmont, South Carolina Affordable Housing ↓

What HUD offices serve Piedmont, 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 Piedmont, South Carolina.

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

How many renters live in Piedmont, South Carolina?

The City of Piedmont has 5,510 people living in 1,842 households.

There are 1,469 renters living in 530 renter households in this City. Renters make up 26.66 percent of the population living in Piedmont.

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

There are an estimated 2,024 housing units in the Piedmont area. Of these, 530 units are rental homes, making up 26 percent of the housing market. For every renter household in Piedmont, South Carolina, there are 1 rental units.

What is the vacancy rate for rentals in Piedmont?

The rental vacancy rate in Piedmont is 0 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 Piedmont for each bedroom size?

Occupied Rental Units by Size in Piedmont
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
72 50 203 139 66
Occupied Rental Units by Size in Piedmont

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

Among renter households in this market, 38 percent have housing cost burden. Further, 23 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 Piedmont

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 Piedmont, South Carolina

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

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 25 35 percent
One BR 50 100 percent
Two BR 168 83 percent
Rental Units Below FMR in Piedmont, South Carolina

How many affordable rental units are in Piedmont?

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

Federal Program Unit Count
Low Income Housing Tax Credit 40
USDA Section 515 Rural Rental Housing 80
Tracked Units by Federal Program in Piedmont, South Carolina

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

Income Based Apartments in Piedmont, South Carolina

Piedmont features 40 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 Piedmont, South Carolina

There are 80 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Piedmont.

Housing Choice Vouchers in Piedmont, South Carolina

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

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

Sourced from federal housing data and AffordableHousingOnline.com research.