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Affordable Housing In Fort Mill
York County, South Carolina

7 Low Income Apartment Communities In Fort Mill

Bozeman Drive

105 Bozeman Dr
Fort Mill, South Carolina

Avery Lake Apartments

100 Lestina Dr
Fort Mill, South Carolina

Forest Ridge

2300 Forest Ridge Dr
Fort Mill, South Carolina

Comm Research and Dev Assoc

Avery Lake
Fort Mill, South Carolina

Knollwood Apartments

706 Banks Rd
Fort Mill, South Carolina

Glenwood Falls

917 Archie St
Fort Mill, South Carolina

Edgewood Apartments

1550 Banks Rd
Fort Mill, South Carolina
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Housing Authorities that serve Fort Mill

Housing Authority Programs
Housing Authority of Fort Mill Section 8 Housing Choice Voucher (HCV)

Guide To Affordable Housing in Fort Mill, South Carolina

There are 7 low income housing apartment communities offering 624 affordable apartments for rent in Fort Mill, South Carolina.

Income Based Apartments in Fort Mill, South Carolina

Fort Mill features 141 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 Fort Mill, South Carolina

There are 483 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Fort Mill.

Housing Choice Vouchers in Fort Mill, South Carolina

On average, Section 8 Housing Choice vouchers pay Fort Mill landlords $700 per month towards rent. The average voucher holder contributes $400 towards rent in Fort Mill.

The maximum amount a voucher would pay on behalf of a low-income tenant in Fort Mill, South Carolina for a two-bedroom apartment is between $957 and $1,169.

2020 Fort Mill, 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 $907 $934 $1,063 $1,423 $1,828
Payment Standard Range $816 to $998 $841 to $1,027 $957 to $1,169 $1,281 to $1,565 $1,645 to $2,011

Sourced from federal housing data and research.

Fort Mill, SC Affordable Housing Snapshot

Total Affordable Apartment Properties 7
Total Low Income Apartments 624
Total Housing Units with Rental Assistance 141
Percentage of Housing Units Occupied By Renters 35.45%
Average Renter Household Size 2.18
Average Household Size 2.53
Median Household Income $61,773 ±$5,956
Median Rent $855 ±$42
Percentage Of Renters Overburdened 49.15% ± 8.63pp
Total Population 12,525

Population and Household Demographics

Fort Mill is a city in York County, South Carolina with a population of 12,525. There are 4,953 households in the city with an average household size of 2.53 persons. 35.45% of households in Fort Mill are renters.

Income and Rent Overburden in Fort Mill

The median gross income for households in Fort Mill is $61,773 a year, or $5,148 a month. The median rent for the city is $855 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Fort Mill, a household making less than $2,850 a month would be considered overburdened when renting an apartment at or above the median rent. 49.15% of households who rent are overburdened in Fort Mill.

Area Median Income In Fort Mill

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 Fort Mill, the AMI is calculated from all households within York County.

In Fort Mill, HUD calculates the Area Median Income for a family of four as $83,500

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 Fort Mill

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 Fort Mill

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $17,550 $20,050 $22,550 $26,200 $30,680 $35,160 $39,640 $44,120
50% of Median $29,250 $33,400 $37,600 $41,750 $45,100 $48,450 $51,800 $55,150
80% of Median $46,800 $53,450 $60,150 $66,800 $72,150 $77,500 $82,850 $88,200