Pine Acres Apts

113 Hicks Road
Coward, South Carolina
S. 515 Rural
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There are 0 low-income apartments in Coward that offer reduced rents to eligible households.

Rental assistance programs support 6 low-income homes in Coward where households pay rent based on how much they earn.

Affordable rent data for some communities last confirmed on April 23rd, 2021. Subdsidized rents typically change once a year based on federal guidance.

Public Housing Agencies Serving Coward, 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.

Housing Authority Programs
Housing Authority of Florence Section 8 Housing Choice Voucher (HCV); Public Housing
Go to the South Carolina Public Housing and Low-Income Apartments Waiting Lists page for openings near Coward.

Coward, South Carolina Affordable Housing Data

Income Based Apartments in Coward, South Carolina

Coward features 6 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 Coward, South Carolina

There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Coward.

Housing Choice Vouchers in Coward, South Carolina

On average, Section 8 Housing Choice vouchers pay Coward landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Coward.

The maximum amount a voucher would pay on behalf of a low-income tenant in Coward, South Carolina for a two-bedroom apartment is between $834 and $1,020.

2023 Coward, South Carolina Fair Market Rents and Housing Choice Voucher Payment Standards

Fair Market Rents can be used to better understand the average housing costs of an area. Fair Market Rents are used by HUD to establish payment and rent standards for federal rental assistance programs like the Section 8 Housing Choice Voucher Program.

Studio One BR Two BR Three BR Four BR
Coward, South Carolina Fair Market Rent $701 $706 $927 $1,173 $1,247
Coward, South Carolina Payment Standard Range $631 to $771 $635 to $777 $834 to $1,020 $1,056 to $1,290 $1,122 to $1,372

Sourced from federal housing data and research.

Coward, SC Affordable Housing Snapshot

Total Affordable Apartment Properties 1
Total Low Income Apartments 6
Total Housing Units with Rental Assistance 6
Percentage of Housing Units Occupied By Renters 26.44%
Average Renter Household Size 1.90
Average Household Size 2.40
Median Household Income $32,961 ±$4,293
Median Rent $547 ±$120
Percentage Of Renters Overburdened 38.46% ± 22.7pp
Total Population 708

Population and Household Demographics

Coward is a city in Florence County, South Carolina with a population of 708. There are 295 households in the city with an average household size of 2.40 persons. 26.44% of households in Coward are renters.

Income and Rent Overburden in Coward

The median gross income for households in Coward is $32,961 a year, or $2,747 a month. The median rent for the city is $547 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Coward, a household making less than $1,823 a month would be considered overburdened when renting an apartment at or above the median rent. 38.46% of households who rent are overburdened in Coward.

Area Median Income In Coward

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.

HUD often uses an area larger than a city to determine the AMI because HUD anticipates those searching for housing will look beyond individual cities during their housing search. For Coward, the AMI is calculated from all households within Florence County.

In Coward, HUD calculates the Area Median Income for a family of four as $78,500

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 Coward

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 HUD Rental Assistance in Coward

1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% AMI Income Limits
Renters earning up to 30% of the Coward AMI may qualify for rental assistance programs that target Extremely Low Income households.
$14,800 $19,720 $24,860 $30,000 $35,140 $40,280 $43,600 $46,400
50% AMI Income Limits
Renters earning up to 50% of the Coward AMI may qualify for rental assistance programs that target Very Low Income households.
$24,650 $28,150 $31,650 $35,150 $38,000 $40,800 $43,600 $46,400
80% AMI Income Limits
Renters earning up to 80% of the Coward AMI may qualify for rental assistance programs that target Low Income households.
$39,350 $45,000 $50,600 $56,200 $60,700 $65,200 $69,700 $74,200