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

Find 8 low-income apartments and rental assistance options in Cayce, SC – including subsidized, public, senior, HUD, and other government housing programs.

Gault Grove Apartments, Inc

1010 Hafley Ct, Cayce, South Carolina 29033

Williams Place

Toole St, Cayce, South Carolina 29033

Abbott Arms Apartments

2011 Wilkinson Street, Cayce, South Carolina 29033

Scattered Site

539 Riverside Ln, Cayce, South Carolina 29033

Cayce

1202 Lucas St, Cayce, South Carolina 29033

Middle Street Apartments

1522 Middle St, Cayce, South Carolina 29033

2921 and 2931 Taylor Road

2921 Taylor Rd, Cayce, South Carolina 29033

1904 - 05 - 08 Lorick Street

1904 Lorick St, Cayce, South Carolina 29033

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Cayce, South Carolina
$23.60/hour
$16.35 (+226%) more than South Carolina minimum wage and $16.35 (+226%) more than the Federal minimum wage.
Learn More About Cayce, South Carolina Affordable Housing ↓

What HUD offices serve 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.

Operates the Section 8 Housing Choice Voucher (HCV), Public Housing programs for Cayce, South Carolina.
Operates the Section 8 Housing Choice Voucher (HCV), Homeownership Voucher programs for Cayce, South Carolina.

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

How many renters live in Cayce, South Carolina?

The City of Cayce has 13,755 people living in 6,587 households.

There are 6,267 renters living in 2,774 renter households in this City. Renters make up 45.56 percent of the population living in Cayce.

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

There are an estimated 7,056 housing units in the Cayce area. Of these, 2,888 units are rental homes, making up 41 percent of the housing market. For every renter household in Cayce, South Carolina, there are 1 rental units.

What is the vacancy rate for rentals in Cayce?

The rental vacancy rate in Cayce is 3 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 Cayce for each bedroom size?

Occupied Rental Units by Size in Cayce
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
29 430 1,049 837 398
Occupied Rental Units by Size in Cayce

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

Among renter households in this market, 44 percent have housing cost burden. Further, 29 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 Cayce

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $1,036 to $1,917. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $1,036
One BR $1,110
Two BR $1,246
Three BR $1,595
Four BR $1,917
2024 Fair Market Rents in Cayce, South Carolina

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

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 29 100 percent
One BR 145 34 percent
Two BR 571 54 percent
Rental Units Below FMR in Cayce, South Carolina

How many affordable rental units are in Cayce?

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

Federal Program Unit Count
Low Income Housing Tax Credit 8
Public Housing 41
Section 8 Project-Based Rental Assistance 99
Section 811 Supportive Housing for Persons with Disabilities 34
Tracked Units by Federal Program in Cayce, South Carolina

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

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 $1,121 and $1,371.

Sourced from federal housing data and AffordableHousingOnline.com research.