Affordable Housing In Charleston County
South Carolina

57 Low Income Apartment Communities In Charleston County

Magnolia Downs Apartments

115 Magnolia Rd
Charleston, SC
Call For Rent
1-3 BR

Grand Oak

1830 Magwood Drive
Charleston, SC
62+
Accessible

Grandview

1850 Magwood Drive
Charleston, SC
62+
Accessible

North Central

1054 King Street
Charleston, SC
62+
Accessible
HCV Welcome

Rutledge Place

554 Rutledge Avenue
Charleston, SC
62+
Accessible

Sea Island

3672 Maybank Hwy
Johns Island, SC
HCV Welcome

Seven Farms

305 Seven Farms Drive
Charleston, SC
62+
HCV Welcome

Shady Grove

1725 Savage Road
Charleston, SC
HCV Welcome

The Shires

1020 Little John Drive
Charleston, SC
HCV Welcome

Ashley Arms Apartments

1120 Crull Dr
Charleston, SC
Subsidized

Housing Authorities that serve Charleston County

Housing Authority Programs
Charleston County Housing and Redevelopment Authority Section 8 Housing Choice Voucher (HCV); Public Housing; Family Self-Sufficiency

Other Housing Authorities located in Charleston County

Housing Authority Programs
Housing Authority of the City of Charleston Section 8 Housing Choice Voucher (HCV); Public Housing
North Charleston Housing Authority Section 8 Housing Choice Voucher (HCV); Public Housing; Family Self-Sufficiency; Section 8 Project-Based Voucher (PBV); Rental Assistance Demonstration (RAD)

Guide To Affordable Housing in Charleston County, South Carolina

There are 57 low income housing apartment communities offering 4,617 affordable apartments for rent in Charleston County, South Carolina. Charleston County features 2,688 low income apartments with rental assistance where households typically pay no more than 30% of their income towards rent. Additionally, there are 1,929 other low income apartments that don't provide direct rental assistance but remain affordable to low income households in Charleston County.

Sourced from federal housing data and AffordableHousingOnline.com research.

Charleston County, SC Affordable Housing Snapshot

Total Affordable Apartment Properties 57
Total Low Income Apartments 4,617
Total Housing Units with Rental Assistance 2,688
Percentage of Housing Units Occupied By Renters 39.37%
Average Renter Household Size 2.36
Average Household Size 2.44
Median Household Income $53,437 ±$1,055
Median Rent $992 ±$13
Percentage Of Renters Overburdened 50.43% ± 2.01pp
Total Population 372,904

Population and Household Demographics

Charleston County is a County in South Carolina with a population of 372,904. There are 148,018 households in the county with an average household size of 2.44 persons. 39.37% of households in Charleston County are renters.

Income and Rent Overburden in Charleston County

The median gross income for households in Charleston County is $53,437 a year, or $4,453 a month. The median rent for the county is $992 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Charleston County, a household making less than $3,307 a month would be considered overburdened when renting an apartment at or above the median rent. 50.43% of households who rent are overburdened in Charleston County.1

Area Median Income In Charleston County

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.

In Charleston County, HUD calculates the Area Median Income for a family of four as $77,900

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 Charleston County

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 Charleston County HUD Rental Assistance in Charleston County

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $16,350 $18,700 $21,330 $25,750 $30,170 $34,590 $39,010 $43,430
50% of Median $27,300 $31,200 $35,100 $38,950 $42,100 $45,200 $48,300 $51,450
80% of Median $43,650 $49,850 $56,100 $62,300 $67,300 $72,300 $77,300 $82,250

If your income is less than 60% of the Area Median Income (AMI), you should not expect to pay more than the rent value for a unit in the table below. However, Affordable apartment communities that receive funding through the Low Income Housing Tax Credit program may have rental units that are not subject to income and rent limits.

Rent limits for the LIHTC Program are determined so that a household making the maximum income for the expected household size of the unit would only pay 30% of their income for rent.

Income Qualifications for Low Income Housing Tax Credit Apartments in Charleston County

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
50% of Median $27,300 $31,200 $35,100 $38,950 $42,100 $45,200 $48,300 $51,450
60% of Median $32,760 $37,440 $42,120 $46,740 $50,520 $54,240 $57,960 $61,740

For example, the expected household size for a two bedroom apartment is 3 people. Using the table above, the maximum income for a 3 person household at 60% of the AMI in Charleston County is $42,120 a year, or $3,510 a month. To determine the maximum rent in the table below we multiply the monthly maximum income, $3,510 by 30% to get a maximum rent of $1,053 a month.

Rent for units in the LIHTC Program include a utility allowance which is determined by the average monthly cost of utilities paid directly by residents. This allowance has not been subtracted from the rents in the table below. These utility allowances are set on a property by property basis.

% of AMI Studio 1 Bed 2 Bed 3 Bed 4 Bed 5 Bed
50% $683 $731 $878 $1,013 $1,130 $1,247
60% $819 $878 $1,053 $1,216 $1,356 $1,496
Fair Market Rents in Charleston County

Fair Market Rents, often abbreviated as FMR, can be used to better understand the average housing costs of an area. Notably, Fair Market Rents are used to establish the payment standards for the Housing Choice Voucher Program, maximum rents in HOME financed rental projects and initial rents for Section 8 project based assistance.

2020 Fair Market Rents
Studio One BR Two BR Three BR Four BR
$907 $1,035 $1,179 $1,535 $2,012

Cities In Charleston County

Select A City to View its Apartment Communities and Waiting Lists.

City Listings Served By
Charleston 53 The HUD funded Public Housing Agencies that serve Charleston are the Housing Authority of the City of Charleston and Charleston County Housing and Redevelopment Authority.
Mount Pleasant 0 The HUD funded Public Housing Agency that serves Mount Pleasant is the Charleston County Housing and Redevelopment Authority.
Awendaw 1 The HUD funded Public Housing Agency that serves Awendaw is the Charleston County Housing and Redevelopment Authority.
Folly Beach 0 The HUD funded Public Housing Agency that serves Folly Beach is the Charleston County Housing and Redevelopment Authority.
Hollywood 0 The HUD funded Public Housing Agency that serves Hollywood is the Charleston County Housing and Redevelopment Authority.
Isle of Palms 0 The HUD funded Public Housing Agency that serves Isle of Palms is the Charleston County Housing and Redevelopment Authority.
Kiawah Island 2 The HUD funded Public Housing Agency that serves Kiawah Island is the Charleston County Housing and Redevelopment Authority.
Lincolnville 0 The HUD funded Public Housing Agency that serves Lincolnville is the Charleston County Housing and Redevelopment Authority.
McClellanville 0 The HUD funded Public Housing Agency that serves McClellanville is the Charleston County Housing and Redevelopment Authority.
Meggett 0 The HUD funded Public Housing Agency that serves Meggett is the Charleston County Housing and Redevelopment Authority.
Ravenel 0 The HUD funded Public Housing Agency that serves Ravenel is the Charleston County Housing and Redevelopment Authority.
Rockville 0 The HUD funded Public Housing Agency that serves Rockville is the Charleston County Housing and Redevelopment Authority.
Seabrook Island 0 The HUD funded Public Housing Agency that serves Seabrook Island is the Charleston County Housing and Redevelopment Authority.
Sullivan's Island 0 The HUD funded Public Housing Agency that serves Sullivan's Island is the Charleston County Housing and Redevelopment Authority.
North Charleston 24 The HUD funded Public Housing Agencies that serve North Charleston are the Charleston County Housing and Redevelopment Authority, North Charleston Housing Authority and South Carolina Regional Housing Authority No. 3.
Johns Island 1 The HUD funded Public Housing Agency that serves Johns Island is the Charleston County Housing and Redevelopment Authority.