Affordable Housing In Florence County
47 Low Income Apartment Communities In Florence County
Housing Authorities that serve Florence County
|Housing Authority of Florence||Section 8 Housing Choice Voucher (HCV); Public Housing|
Guide To Affordable Housing in Florence County, South Carolina
There are 47 low income housing apartment communities offering 2,397 affordable apartments for rent in Florence County, South Carolina.
Income Based Apartments in Florence County, South Carolina
Florence County features 1,807 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 County, South Carolina
There are 590 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Florence County.
Housing Choice Vouchers in Florence County, South Carolina
On average, Section 8 Housing Choice vouchers pay Florence County landlords $500 per month towards rent. The average voucher holder contributes $300 towards rent in Florence County.
The maximum amount a voucher would pay on behalf of a low-income tenant in Florence County, South Carolina for a two-bedroom apartment is between $707 and $864.
2020 Florence County, 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|
|Fair Market Rent||$607||$611||$785||$991||$1,219|
|Payment Standard Range||$546 to $668||$550 to $672||$707 to $864||$892 to $1,090||$1,097 to $1,341|
Sourced from federal housing data and AffordableHousingOnline.com research.
Florence County, SC Affordable Housing Snapshot
|Total Affordable Apartment Properties||47|
|Total Low Income Apartments||2,397|
|Total Housing Units with Rental Assistance||1,807|
|Percentage of Housing Units Occupied By Renters||33.76%|
|Average Renter Household Size||2.52|
|Average Household Size||2.61|
|Median Household Income||$42,080 ±$1,211|
|Median Rent||$676 ±$16|
|Percentage Of Renters Overburdened||42.33% ± 3.24pp|
Population and Household Demographics
Florence County is a county in South Carolina with a population of 138,330. There are 51,847 households in the county with an average household size of 2.61 persons. 33.76% of households in Florence County are renters.
Income and Rent Overburden in Florence County
The median gross income for households in Florence County is $42,080 a year, or $3,507 a month. The median rent for the county is $676 a month.
Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Florence County, a household making less than $2,253 a month would be considered overburdened when renting an apartment at or above the median rent. 42.33% of households who rent are overburdened in Florence County.
Area Median Income In Florence 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 Florence County, HUD calculates the Area Median Income for a family of four as $56,100
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 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 HUD Rental Assistance in Florence County
|Income||1 Person||2 Person||3 Person||4 Person||5 Person||6 Person||7 Person||8 Person|
|30% of Median||$12,760||$17,240||$21,720||$26,200||$30,680||$33,500||$35,800||$38,100|
|50% of Median||$20,200||$23,100||$26,000||$28,850||$31,200||$33,500||$35,800||$38,100|
|80% of Median||$32,350||$36,950||$41,550||$46,150||$49,850||$53,550||$57,250||$60,950|
Cities In Florence County
Select A City to View its Apartment Communities and Waiting Lists.
|Coward||The HUD funded Public Housing Agency that serves Coward is the Housing Authority of Florence.|
|Florence||The HUD funded Public Housing Agency that serves Florence is the Housing Authority of Florence.|
|John||The HUD funded Public Housing Agency that serves John is the Housing Authority of Florence.|
|Johnsonville||The HUD funded Public Housing Agency that serves Johnsonville is the Housing Authority of Florence.|
|Lake City||The HUD funded Public Housing Agencies that serve Lake City are the Lake City Housing Authority and Housing Authority of Florence.|
|Olanta||The HUD funded Public Housing Agency that serves Olanta is the Housing Authority of Florence.|
|Pamplico||The HUD funded Public Housing Agency that serves Pamplico is the Housing Authority of Florence.|
|Quinby||The HUD funded Public Housing Agency that serves Quinby is the Housing Authority of Florence.|
|Scranton||The HUD funded Public Housing Agency that serves Scranton is the Housing Authority of Florence.|
|Timmonsville||The HUD funded Public Housing Agency that serves Timmonsville is the Housing Authority of Florence.|