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

Discover affordable housing in Anderson County where there are 56+ 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.

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 County, 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 County, South Carolina Affordable Housing ↓

What HUD offices serve Anderson County, 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 County, South Carolina.

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

How many renters live in Anderson County, South Carolina?

The County of Anderson County has 209,581 people living in 85,096 households.

There are 42,790 renters living in 19,636 renter households in this County. Renters make up 20.42 percent of the population living in Anderson County.

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

There are an estimated 89,805 housing units in the Anderson County area. Of these, 23,107 units are rental homes, making up 26 percent of the housing market. For every renter household in Anderson County, South Carolina, there are 1 rental units.

What is the vacancy rate for rentals in Anderson County?

The rental vacancy rate in Anderson County is 10 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 County for each bedroom size?

Occupied Rental Units by Size in Anderson County
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
419 2,570 9,977 5,628 354
Occupied Rental Units by Size in Anderson County

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

Among renter households in this market, 43 percent have housing cost burden. Further, 24 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 County

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 County, South Carolina

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

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 326 78 percent
One BR 1,564 61 percent
Two BR 5,851 59 percent
Rental Units Below FMR in Anderson County, South Carolina

How many affordable rental units are in Anderson County?

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

Federal Program Unit Count
Low Income Housing Tax Credit 1,637
Public Housing 455
Section 8 Project-Based Rental Assistance 1,036
Section 202 Supportive Housing for the Elderly 44
Section 811 Supportive Housing for Persons with Disabilities 26
USDA Section 515 Rural Rental Housing 260
Tracked Units by Federal Program in Anderson County, South Carolina

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

Income Based Apartments in Anderson County, South Carolina

Anderson County features 2,577 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 County, South Carolina

There are 1,500 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Anderson County.

Housing Choice Vouchers in Anderson County, South Carolina

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

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

Sourced from federal housing data and AffordableHousingOnline.com research.