Affordable Housing In Cherokee County
South Carolina

20 Low Income Apartment Communities In Cherokee County

Iveywood Park Apartments

112 Martin Ln
Gaffney, SC
$545-595
2-3 BR
HCV Welcome

Huntington Square Apartments

100 Huntington Square Dr
Gaffney, SC
Call For Rent
1-3 BR
HCV Welcome

Redwood Village Apartments

100 Redwood Cir
Gaffney, SC
Subsidized

Blacksburg Terrace

208 W Carolina St
Blacksburg, SC
HCV Welcome
Subsidized

Autumn Glen Villas

611 W Buford St
Gahanna, SC
HCV Welcome

Town and Country Apartments

106 Ellis Ferry Ave
Gaffney, SC
62+
Accessible
Elderly Supportive Housing
Subsidized

Peachtree Apartments

100 Killion Dr
Gaffney, SC
Subsidized

Christopher Lynn Estates

Beltline Rd
Gaffney, SC
62+
Accessible
Elderly Supportive Housing
Subsidized

Chestnut Hills

206 E. Clairborne Street
Blacksburg, SC
Subsidized

Mulberry Ridge Apartments

200 W Carolina Street
Blacksburg, SC
Subsidized

Housing Authorities that serve Cherokee County

Housing Authority Programs
South Carolina Regional Housing Authority No. 1 Section 8 Housing Choice Voucher (HCV); Public Housing

Other Housing Authorities located in Cherokee County

Housing Authority Programs
Gaffney Housing Authority Public Housing

Guide To Affordable Housing in Cherokee County, South Carolina

There are 20 low income housing apartment communities offering 1,011 affordable apartments for rent in Cherokee County, South Carolina. Cherokee County features 634 low income apartments with rental assistance where households typically pay no more than 30% of their income towards rent. Additionally, there are 377 other low income apartments that don't provide direct rental assistance but remain affordable to low income households in Cherokee County.

Sourced from federal housing data and AffordableHousingOnline.com research.

Cherokee County, SC Affordable Housing Snapshot

Total Affordable Apartment Properties 20
Total Low Income Apartments 1,011
Total Housing Units with Rental Assistance 634
Percentage of Housing Units Occupied By Renters 32.07%
Average Renter Household Size 2.76
Average Household Size 2.68
Median Household Income $35,389 ±$2,199
Median Rent $633 ±$19
Percentage Of Renters Overburdened 39.97% ± 4.61pp
Total Population 55,863

Population and Household Demographics

Cherokee County is a County in South Carolina with a population of 55,863. There are 20,523 households in the county with an average household size of 2.68 persons. 32.07% of households in Cherokee County are renters.

Income and Rent Overburden in Cherokee County

The median gross income for households in Cherokee County is $35,389 a year, or $2,949 a month. The median rent for the county is $633 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Cherokee County, a household making less than $2,110 a month would be considered overburdened when renting an apartment at or above the median rent. 39.97% of households who rent are overburdened in Cherokee County.1

Area Median Income In Cherokee 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 Cherokee County, HUD calculates the Area Median Income for a family of four as $48,600

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 Cherokee 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 Cherokee County HUD Rental Assistance in Cherokee County

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $12,490 $16,910 $21,330 $25,750 $28,250 $30,350 $32,450 $34,550
50% of Median $18,350 $20,950 $23,550 $26,150 $28,250 $30,350 $32,450 $34,550
80% of Median $29,300 $33,500 $37,700 $41,850 $45,200 $48,550 $51,900 $55,250
Low Income Housing Tax Credits in Cherokee County

The Low-Income Housing Tax Credit (LIHTC) program aims to create affordable rental housing for low and very low income families.

From 1988 to 2010, 11 low income apartment communities containing 708 rental apartments have been constructed and made affordable to low income persons in Cherokee County by the Low Income Housing Tax Credit Program.

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 Cherokee County

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
50% of Median $18,350 $20,950 $23,550 $26,150 $28,250 $30,350 $32,450 $34,550
60% of Median $22,020 $25,140 $28,260 $31,380 $33,900 $36,420 $38,940 $41,460

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 Cherokee County is $28,260 a year, or $2,355 a month. To determine the maximum rent in the table below we multiply the monthly maximum income, $2,355 by 30% to get a maximum rent of $707 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% $459 $491 $589 $680 $759 $838
60% $551 $590 $707 $816 $911 $1,005
Fair Market Rents in Cherokee 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
$429 $500 $659 $836 $1,073

Cities In Cherokee County

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

City Listings Served By
Gaffney 14 The HUD funded Public Housing Agencies that serve Gaffney are the Gaffney Housing Authority and South Carolina Regional Housing Authority No. 1.
Blacksburg 3 The HUD funded Public Housing Agency that serves Blacksburg is the South Carolina Regional Housing Authority No. 1.
Chesnee 2 The HUD funded Public Housing Agency that serves Chesnee is the South Carolina Regional Housing Authority No. 1.
East Gaffney 0 The HUD funded Public Housing Agency that serves East Gaffney is the South Carolina Regional Housing Authority No. 1.
Smyrna 0 The HUD funded Public Housing Agency that serves Smyrna is the South Carolina Regional Housing Authority No. 1.