Florence, South Carolina Affordable Housing

Affordable Housing programs support 1,076 income based apartments in Florence where households pay rent based on how much they earn.

There are 643 affordable apartments in Florence that offer reduced rents to low-income households.

Waiting Lists in Florence, South Carolina

There are no open Section 8 Housing Choice Voucher waiting lists in Florence. Go to the South Carolina Section 8 Waiting Lists page for openings near Florence.

Crescent Villas II

320 Troxel Blvd.
Florence, South Carolina
$434-600
1-2 BR
Affordable

Irby Senior Village

125 Federal Court
Florence, South Carolina
Call For Rent
1-2 BR
Affordable

The Belmont

719 S Irby St
Florence, South Carolina
Call For Rent
2-3 BR
Affordable

J.O Smith Villas

500 East Royal St
Florence, South Carolina
Call For Rent
1 BR

Pine Park, Clyde Court, Lakota Place

502 Clyde St
Florence, South Carolina
Call For Rent
1-3 BR

Attwood Pointe

155 Attwood Ave
Florence, South Carolina
$803-916
2-3 BR
Affordable

Parkview Plaza

1000 Clement St
Florence, South Carolina
Call For Rent
1-3 BR
Family & Senior

Creekside Village

2311 W Palmetto St
Florence, South Carolina
Call For Rent
1 BR

Crescent Villas

2424 Hoffmeyer Rd
Florence, South Carolina
Affordable

Church Hill

920 June Ln
Florence, South Carolina
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Affordable Housing Near Florence

View affordable apartments and waiting lists in cities near Florence

City Apartments
Lake City, SC Affordable Housing programs support 14 apartment communities in Lake City.
Timmonsville, SC Affordable Housing programs support 3 apartment communities in Timmonsville.
Coward, SC Affordable Housing programs support 1 apartment communities in Coward.
Johnsonville, SC Affordable Housing programs support 1 apartment communities in Johnsonville.
Pamplico, SC Affordable Housing programs support 1 apartment communities in Pamplico.

Public Housing Agencies Serving Florence, 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 Florence.

Florence, South Carolina Affordable Housing Data

Income Based Apartments in Florence, South Carolina

Florence features 1,076 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 Florence, South Carolina

There are 643 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Florence.

Housing Choice Vouchers in Florence, South Carolina

On average, Section 8 Housing Choice vouchers pay Florence landlords $500 per month towards rent. The average voucher holder contributes $300 towards rent in Florence.

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

2023 Florence, 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
Florence, South Carolina Fair Market Rent $701 $706 $927 $1,173 $1,247
Florence, 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 AffordableHousingOnline.com research.

Florence, SC Affordable Housing Snapshot

Total Affordable Apartment Properties 31
Total Low Income Apartments 1,719
Total Housing Units with Rental Assistance 1,076
Percentage of Housing Units Occupied By Renters 41.7%
Average Renter Household Size 2.29
Average Household Size 2.45
Median Household Income $42,853 ±$3,671
Median Rent $682 ±$24
Percentage Of Renters Overburdened 48.41% ± 5.61pp
Total Population 38,000

Population and Household Demographics

Florence is a city in Florence County, South Carolina with a population of 38,000. There are 15,251 households in the city with an average household size of 2.45 persons. 41.7% of households in Florence are renters.

Income and Rent Overburden in Florence

The median gross income for households in Florence is $42,853 a year, or $3,571 a month. The median rent for the city is $682 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Florence, a household making less than $2,273 a month would be considered overburdened when renting an apartment at or above the median rent. 48.41% of households who rent are overburdened in Florence.

Area Median Income In Florence

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 Florence, the AMI is calculated from all households within Florence County.

In Florence, HUD calculates the Area Median Income for a family of four as $66,400

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 Florence

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 Florence

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 Florence AMI may qualify for rental assistance programs that target Extremely Low Income households.
$13,950 $18,310 $23,030 $27,750 $32,470 $37,190 $41,200 $43,850
50% AMI Income Limits
Renters earning up to 50% of the Florence AMI may qualify for rental assistance programs that target Very Low Income households.
$23,250 $26,600 $29,900 $33,200 $35,900 $38,550 $41,200 $43,850
80% AMI Income Limits
Renters earning up to 80% of the Florence AMI may qualify for rental assistance programs that target Low Income households.
$37,200 $42,500 $47,800 $53,100 $57,350 $61,600 $65,850 $70,100