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

Discover affordable housing in Chester where there are 8+ housing opportunities based on income and household needs like accessible units for seniors or persons with disabilities. Find and apply to these low income apartments now.

New Chester Townhouses I & II

628 Lancaster St Hwy 301, Chester, South Carolina 29706

Center Street Apartments

301 Center Street, Chester, South Carolina 29706

Chester Manor Townhouses

100 Torbit St, Chester, South Carolina 29706

Ramsey Grove Apartments, Alp

553 Flint St, Chester, South Carolina 29706

The Cottages of Chester Village, Inc

Off of Mccanless Rd, Chester, South Carolina 29706

Arthur Underwood Manor

2678 Dawson Dr, Chester, South Carolina 29706

Saluda Apartments

100 Colt St, Chester, South Carolina 0

The Mcaliley

116 Main St, Chester, South Carolina 29706

Open Until Further Notice

Reported On February 23rd, 2024 by Nathan Brunet

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Chester, South Carolina
$17.23/hour
$9.98 (+138%) more than South Carolina minimum wage and $9.98 (+138%) more than the Federal minimum wage.
Learn More About Chester, South Carolina Affordable Housing ↓

What HUD offices serve Chester, 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 Chester, South Carolina.

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

How many renters live in Chester, South Carolina?

The City of Chester has 5,260 people living in 2,248 households.

There are 2,700 renters living in 1,168 renter households in this City. Renters make up 51.33 percent of the population living in Chester.

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

There are an estimated 2,607 housing units in the Chester area. Of these, 1,168 units are rental homes, making up 45 percent of the housing market. For every renter household in Chester, South Carolina, there are 1 rental units.

What is the vacancy rate for rentals in Chester?

The rental vacancy rate in Chester is 0 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 Chester for each bedroom size?

Occupied Rental Units by Size in Chester
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
0 208 643 287 20
Occupied Rental Units by Size in Chester

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

Among renter households in this market, 50 percent have housing cost burden. Further, 23 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 Chester

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $733 to $1,441. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $733
One BR $737
Two BR $910
Three BR $1,282
Four BR $1,441
2024 Fair Market Rents in Chester, South Carolina

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

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
One BR 193 93 percent
Two BR 476 74 percent
Rental Units Below FMR in Chester, South Carolina

How many affordable rental units are in Chester?

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

Federal Program Unit Count
Low Income Housing Tax Credit 46
Public Housing 112
Section 8 Project-Based Rental Assistance 36
USDA Section 515 Rural Rental Housing 72
Tracked Units by Federal Program in Chester, South Carolina

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

Income Based Apartments in Chester, South Carolina

Chester features 365 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 Chester, South Carolina

There are 10 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Chester.

Housing Choice Vouchers in Chester, South Carolina

On average, Section 8 Housing Choice vouchers pay Chester landlords $400 per month towards rent. The average voucher holder contributes $300 towards rent in Chester.

The maximum amount a voucher would pay on behalf of a low-income tenant in Chester, South Carolina for a two-bedroom apartment is between $819 and $1,001.

Sourced from federal housing data and AffordableHousingOnline.com research.