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

Discover affordable housing in Columbia where there are 100+ 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.

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Columbia, 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 Columbia, South Carolina Affordable Housing ↓

What HUD offices serve Columbia, 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, Veteran Affairs Supportive Housing (VASH), Section 8 Project-Based Voucher (PBV), Moderate Rehabilitation, Emergency Housing Voucher (EHV) programs for Columbia, South Carolina.

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

How many renters live in Columbia, South Carolina?

The City of Columbia has 139,343 people living in 54,570 households.

There are 59,977 renters living in 28,968 renter households in this City. Renters make up 43.04 percent of the population living in Columbia.

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

There are an estimated 62,487 housing units in the Columbia area. Of these, 32,534 units are rental homes, making up 52 percent of the housing market. For every renter household in Columbia, South Carolina, there are 1 rental units.

What is the vacancy rate for rentals in Columbia?

The rental vacancy rate in Columbia is 9 percent. This is a higher than average vacancy rate. When rental vacancy rates are high it means that there are a lot of available units and rents tend to be lower.

How many rental units are in Columbia for each bedroom size?

Occupied Rental Units by Size in Columbia
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
551 7,195 10,826 8,887 1,305
Occupied Rental Units by Size in Columbia

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

Among renter households in this market, 54 percent have housing cost burden. Further, 34 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 Columbia

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 Columbia, South Carolina

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

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 452 82 percent
One BR 3,915 54 percent
Two BR 5,439 50 percent
Rental Units Below FMR in Columbia, South Carolina

How many affordable rental units are in Columbia?

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

Federal Program Unit Count
Low Income Housing Tax Credit 2,798
Public Housing 1,118
Section 8 Project-Based Rental Assistance 1,765
Mod Rehab Project-Based Rental Assistance 61
Section 202 Supportive Housing for the Elderly 97
Section 811 Supportive Housing for Persons with Disabilities 30
Tracked Units by Federal Program in Columbia, South Carolina

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

Income Based Apartments in Columbia, South Carolina

Columbia features 4,851 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 Columbia, South Carolina

There are 3,530 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Columbia.

Housing Choice Vouchers in Columbia, South Carolina

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Columbia, South Carolina for a two-bedroom apartment is between $1,121 and $1,371.

Sourced from federal housing data and AffordableHousingOnline.com research.