Ashley Park Apartments

214 Chappel Dr
Bishopville, South Carolina
Subsidized
Assisted
Senior
Supportive
LIHTC
S. 515 Rural
RDRA
Call For Rent
1-2 BR

Cloverleaf Apartments

520 S Lee St
Bishopville, South Carolina
Assisted
HOME
Call For Rent
1-2 BR

Fieldale

415 Cousar St
Bishopville, South Carolina
Assisted
Senior
Supportive
LIHTC
S. 515 Rural
HOME

Pepper Tree Apartments

120 Woodward St
Bishopville, South Carolina
Assisted
LIHTC

Spring Garden Apartments

560 S Lee St
Bishopville, South Carolina
Assisted
Senior
Supportive
LIHTC
S. 515 Rural
Showing Results 1-5

There are 196 low-income apartments in Bishopville that offer reduced rents to eligible households.

Rental assistance programs support 202 low-income homes in Bishopville where households pay rent based on how much they earn. For 2023, elgible households participating in federally assisted housing pay an average of $344 towards rent each month.

Affordable rent data for some communities last confirmed on August 1st, 2020. Subdsidized rents typically change once a year based on federal guidance.

Public Housing Agencies Serving Bishopville, 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.

Housing Authority Programs
South Carolina State Housing Finance and Development Authority Section 8 Housing Choice Voucher (HCV); Homeownership Voucher
Go to the South Carolina Public Housing and Low-Income Apartments Waiting Lists page for openings near Bishopville.

Bishopville, South Carolina Affordable Housing Data

Income Based Apartments in Bishopville, South Carolina

Bishopville features 202 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 Bishopville, South Carolina

There are 196 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Bishopville.

Housing Choice Vouchers in Bishopville, South Carolina

On average, Section 8 Housing Choice vouchers pay Bishopville landlords $600 per month towards rent. The average voucher holder contributes $300 towards rent in Bishopville.

The maximum amount a voucher would pay on behalf of a low-income tenant in Bishopville, South Carolina for a two-bedroom apartment is between $702 and $858.

2023 Bishopville, South Carolina Fair Market Rents and Housing Choice Voucher Payment Standards

Fair Market Rents can be used to better understand the average housing costs of an area. Fair Market Rents are used by HUD to establish payment and rent standards for federal rental assistance programs like the Section 8 Housing Choice Voucher Program.

Studio One BR Two BR Three BR Four BR
Bishopville, South Carolina Fair Market Rent $627 $631 $780 $1,109 $1,304
Bishopville, South Carolina Payment Standard Range $564 to $690 $568 to $694 $702 to $858 $998 to $1,220 $1,174 to $1,434

Sourced from federal housing data and AffordableHousingOnline.com research.

Bishopville, SC Affordable Housing Snapshot

Total Affordable Apartment Properties 11
Total Low Income Apartments 398
Total Housing Units with Rental Assistance 202
Percentage of Housing Units Occupied By Renters 55.95%
Average Renter Household Size 2.43
Average Household Size 2.50
Median Household Income $19,824 ±$6,042
Median Rent $516 ±$116
Percentage Of Renters Overburdened 63.83% ± 19.94pp
Total Population 3,342

Population and Household Demographics

Bishopville is a city in Lee County, South Carolina with a population of 3,342. There are 1,260 households in the city with an average household size of 2.50 persons. 55.95% of households in Bishopville are renters.

Income and Rent Overburden in Bishopville

The median gross income for households in Bishopville is $19,824 a year, or $1,652 a month. The median rent for the city is $516 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Bishopville, a household making less than $1,720 a month would be considered overburdened when renting an apartment at or above the median rent. 63.83% of households who rent are overburdened in Bishopville.

Area Median Income In Bishopville

Affordable housing program eligibility is always determined by one's income. Each household's income is compared to the incomes of all other households in the area. This is accomplished through a statistic established by the government called the Area Median Income, most often referred to as AMI. The AMI is calculated and published each year by HUD.

HUD often uses an area larger than a city to determine the AMI because HUD anticipates those searching for housing will look beyond individual cities during their housing search. For Bishopville, the AMI is calculated from all households within Lee County.

In Bishopville, HUD calculates the Area Median Income for a family of four as $56,500

Most affordable housing programs determine eligibility based on the percent of AMI a given household's income is. Among the programs that determine eligibility based on the AMI are Section 8, HOME, LIHTC, Section 515, 202 and 811.

Rental Assistance in Bishopville

Rental assistance is a type of housing subsidy that pays for a portion of a renter’s monthly housing costs, including rent and tenant paid utilities. This housing assistance can come in the form of Section 8 Housing Choice Vouchers, project-based Section 8 contracts, public housing, USDA Rental Assistance (in Section 515 properties) as well as HUD Section 202 and 811 properties for elderly and disabled households.

Income Qualifications for HUD Rental Assistance in Bishopville

1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% AMI Income Limits
Renters earning up to 30% of the Bishopville AMI may qualify for rental assistance programs that target Extremely Low Income households.
$14,580 $19,720 $24,860 $30,000 $33,600 $36,100 $38,600 $41,100
50% AMI Income Limits
Renters earning up to 50% of the Bishopville AMI may qualify for rental assistance programs that target Very Low Income households.
$21,800 $24,900 $28,000 $31,100 $33,600 $36,100 $38,600 $41,100
80% AMI Income Limits
Renters earning up to 80% of the Bishopville AMI may qualify for rental assistance programs that target Low Income households.
$34,850 $39,800 $44,800 $49,750 $53,750 $57,750 $61,700 $65,700