Cayce, South Carolina Affordable Housing

Affordable Housing programs support 175 income based apartments in Cayce where households pay rent based on how much they earn.

There are 8 affordable apartments in Cayce that offer reduced rents to low-income households.

Waiting Lists in Cayce, South Carolina

There are no open Section 8 Housing Choice Voucher waiting lists in Cayce. Go to the South Carolina Section 8 Waiting Lists page for openings near Cayce.

Williams Place

Toole St
Cayce, South Carolina
Rent Assisted
Accessible
Accessible
Disabled Supportive Housing

Gault Grove Apartments, Inc

1010 Hafley Ct
Cayce, South Carolina
Rent Assisted
Accessible
Accessible
Disabled Supportive Housing

Abbott Arms Apartments

2011 Wilkinson Street
Cayce, South Carolina
Rent Assisted

Scattered Site

539 Riverside Ln
Cayce, South Carolina

1904 - 05 - 08 Lorick Street

1904 Lorick St
Cayce, South Carolina
Affordable

2921 and 2931 Taylor Road

2921 Taylor Rd
Cayce, South Carolina
Affordable

Cayce

1202 Lucas St
Cayce, South Carolina

Middle Street Apartments

1522 Middle St
Cayce, South Carolina
Affordable
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Affordable Housing Near Cayce

View affordable apartments and waiting lists in cities near Cayce

City Apartments
Lexington, SC Affordable Housing programs support 15 apartment communities in Lexington.
Batesburg, SC Affordable Housing programs support 6 apartment communities in Batesburg.
West Columbia, SC Affordable Housing programs support 4 apartment communities in West Columbia.
Irmo, SC Affordable Housing programs support 3 apartment communities in Irmo.
Leesville, SC Affordable Housing programs support 1 apartment communities in Leesville.

Public Housing Agencies Serving Cayce, 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
Cayce Housing Authority Section 8 Housing Choice Voucher (HCV); Public Housing
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 Cayce.

Cayce, South Carolina Affordable Housing Data

Income Based Apartments in Cayce, South Carolina

Cayce features 175 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 Cayce, South Carolina

There are 8 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Cayce.

Housing Choice Vouchers in Cayce, South Carolina

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Cayce, South Carolina for a two-bedroom apartment is between $1,013 and $1,238.

2023 Cayce, 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
Cayce, South Carolina Fair Market Rent $944 $996 $1,125 $1,442 $1,724
Cayce, South Carolina Payment Standard Range $850 to $1,038 $896 to $1,096 $1,013 to $1,238 $1,298 to $1,586 $1,552 to $1,896

Sourced from federal housing data and AffordableHousingOnline.com research.

Cayce, SC Affordable Housing Snapshot

Total Affordable Apartment Properties 8
Total Low Income Apartments 183
Total Housing Units with Rental Assistance 175
Percentage of Housing Units Occupied By Renters 40.23%
Average Renter Household Size 2.50
Average Household Size 2.38
Median Household Income $43,452 ±$3,903
Median Rent $858 ±$74
Percentage Of Renters Overburdened 49.96% ± 8.61pp
Total Population 13,554

Population and Household Demographics

Cayce is a city in Lexington County, South Carolina with a population of 13,554. There are 5,702 households in the city with an average household size of 2.38 persons. 40.23% of households in Cayce are renters.

Income and Rent Overburden in Cayce

The median gross income for households in Cayce is $43,452 a year, or $3,621 a month. The median rent for the city is $858 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Cayce, a household making less than $2,860 a month would be considered overburdened when renting an apartment at or above the median rent. 49.96% of households who rent are overburdened in Cayce.

Area Median Income In Cayce

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 Cayce, the AMI is calculated from all households within Lexington County.

In Cayce, HUD calculates the Area Median Income for a family of four as $82,400

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 Cayce

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 Cayce

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 Cayce AMI may qualify for rental assistance programs that target Extremely Low Income households.
$16,950 $19,400 $23,030 $27,750 $32,470 $37,190 $41,910 $46,630
50% AMI Income Limits
Renters earning up to 50% of the Cayce AMI may qualify for rental assistance programs that target Very Low Income households.
$28,250 $32,250 $36,300 $40,300 $43,550 $46,750 $50,000 $53,200
80% AMI Income Limits
Renters earning up to 80% of the Cayce AMI may qualify for rental assistance programs that target Low Income households.
$45,150 $51,600 $58,050 $64,500 $69,700 $74,850 $80,000 $85,150