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

Discover affordable housing in Florence where there are 53+ 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.

Church Hill

920 June Ln, Florence, South Carolina 29506

payment Subsidized

Village Creek, Alp

2212 Pamplico Hwy, Florence, South Carolina 29505

payment Subsidized

Pelican House, Inc

300 Conyers Ave, Florence, South Carolina 29505

payment Subsidized

New Hope, Inc

2111 Pine Forest Drive, Florence, South Carolina 29505

payment Subsidized
accessibility Accessible
accessible_forward Disability

Mt Zion Ame

619 Ervin Court, Florence, South Carolina 29506

payment Subsidized

Mcgowan Commons

709 Mechanic St, Florence, South Carolina 29506

switch_access_shortcut Short Wait
accessibility Accessible

M04 Lakota Crossing Rh

200 Lakota Crossing Dr, Florence, South Carolina 29505

switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers

Select Houses Bridgeland

1005 Nellie St, Florence, South Carolina 29505

payment Subsidized

M01 Cambridge N Chase Rh

200 Chase St, Florence, South Carolina 29501

Royal Gardens

507 Coker St, Florence, South Carolina 29506

Florence City Apartments

417 S Church St, Florence, South Carolina 29506

switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers
accessibility Accessible

West Pine Street Housing

315 W Pine St, Florence, South Carolina 29501

switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers

Covington Street Housing

317 Covington St, Florence, South Carolina 29501

switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers

How To Identify Affordable Housing in Florence, South Carolina

Look for program and preference badges on affordable apartment listings. These badges can help you identify the types of low income housing each apartment offers and if you may be eligbile for rental assistance or reduced rents.

Badge Description
switch_access_shortcut Short Wait
Low income apartments with no or short waiting lists.
payment Subsidized
Low income housing where the rent is subsidized and the renter pays only a portion of total rent.
real_estate_agent Accepts Vouchers
Apartments that accept Section 8 vouchers near you
elderly Senior
Rental housing for seniors who are 55 (or sometimes 62) and older.
payment Income Based
Affordable apartments where the rent paid is based on renter income.
accessibility Accessible
Meets Accessibilty Requirements of the Fair Housing Act, the ADA, or HUD policy.
accessible_forward Disability
Apartments for individuals or families with disabilities.
real_estate_agent Naturally Affordable
Naturally Occuring Affordable Housing - or NOAH - is any housing unit that offers affordable rent without participating in a rent subsidy program.
The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Florence, South Carolina
$19.17/hour
$11.92 (+164%) more than South Carolina minimum wage and $11.92 (+164%) more than the Federal minimum wage.
Learn More About Florence, South Carolina Affordable Housing ↓

What HUD offices serve 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.

Operates the Section 8 Housing Choice Voucher (HCV), Public Housing programs for Florence, South Carolina.

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

How many renters live in Florence, South Carolina?

The City of Florence has people living in households.

There are renters living in renter households in this City. Renters make up 36.39 percent of the population living in Florence.

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

There are an estimated housing units in the Florence area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Florence, South Carolina, there are 1.12 rental units.

What is the vacancy rate for rentals in Florence?

The rental vacancy rate in Florence is 10 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 Florence for each bedroom size?

Occupied Rental Units by Size in Florence
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
853 775 2,770 1,976 315
Occupied Rental Units by Size in Florence

A large number of apartments in Florence have two or fewer bedrooms. Seniors and young professionals especially may have more success finding an apartment that meets their needs.

How Much Is Rent in Florence

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $787 to $1,374. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $787
One BR $792
Two BR $1,012
Three BR $1,279
Four BR $1,374
2024 Fair Market Rents in Florence, South Carolina

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

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 422 49 percent
One BR 498 64 percent
Two BR 1,792 65 percent
Rental Units Below FMR in Florence, South Carolina

How many affordable rental units are in Florence?

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

Federal Program Unit Count
Low Income Housing Tax Credit
Public Housing
Section 8 Project-Based Rental Assistance
Section 202 Supportive Housing for the Elderly
Section 811 Supportive Housing for Persons with Disabilities
Tracked Units by Federal Program in Florence, South Carolina

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

Income Based Apartments in Florence, South Carolina

Florence features 1,067 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 707 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 $911 and $1,113.

Sourced from federal housing data and AffordableHousingOnline.com research.

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