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

Discover affordable housing in Belton 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.

Blake Dairy Road Apartments

220 Longshore Dr, Belton, South Carolina 29627

Belton Gardens Apartments

431 Glenwood Street, Belton, South Carolina 29627

Oak Forest Apartments

601 Calhoun Rd, Belton, South Carolina 29627

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 Belton, 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 Belton, South Carolina Affordable Housing ↓

What HUD offices serve Belton, 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 Belton, South Carolina.

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

How many renters live in Belton, South Carolina?

The City of Belton has 4,357 people living in 1,617 households.

There are 1,545 renters living in 547 renter households in this City. Renters make up 35.46 percent of the population living in Belton.

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

There are an estimated 1,849 housing units in the Belton area. Of these, 618 units are rental homes, making up 33 percent of the housing market. For every renter household in Belton, South Carolina, there are 1 rental units.

What is the vacancy rate for rentals in Belton?

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

Occupied Rental Units by Size in Belton
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
31 33 333 150 0
Occupied Rental Units by Size in Belton

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

Among renter households in this market, 29 percent have housing cost burden. Further, 22 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 Belton

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 Belton, South Carolina

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

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 31 100 percent
One BR 33 100 percent
Two BR 310 93 percent
Rental Units Below FMR in Belton, South Carolina

How many affordable rental units are in Belton?

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

Federal Program Unit Count
Low Income Housing Tax Credit 67
Public Housing 33
Section 8 Project-Based Rental Assistance 1
USDA Section 515 Rural Rental Housing 36
Tracked Units by Federal Program in Belton, South Carolina

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

Income Based Apartments in Belton, South Carolina

Belton features 294 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 Belton, South Carolina

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

Housing Choice Vouchers in Belton, South Carolina

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

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

Sourced from federal housing data and AffordableHousingOnline.com research.