What HUD offices serve Fort Mill, 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.
Go to the South Carolina Public Housing and Low-Income Apartments Waiting Lists page for openings near Fort Mill.
How many renters live in Fort Mill, South Carolina?
The City of Fort Mill has 26,022 people living in 8,998 households.
There are 3,155 renters living in 1,423 renter households in this City. Renters make up 12.12 percent of the population living in Fort Mill.
What is the rental market like in Fort Mill, South Carolina?
There are an estimated 9,479 housing units in the Fort Mill area. Of these, 1,637 units are rental homes, making up 17 percent of the housing market. For every renter household in Fort Mill, South Carolina, there are 1 rental units.
What is the vacancy rate for rentals in Fort Mill?
The rental vacancy rate in Fort Mill is 13 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 Fort Mill for each bedroom size?
Occupied Rental Units by Size in Fort Mill
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 90 | 234 | 725 | 361 | 13 |
Occupied Rental Units by Size in Fort Mill
A large number of apartments in Fort Mill have two or fewer bedrooms. Seniors and young professionals especially may have more success finding an apartment that meets their needs.
How many renter households in Fort Mill are overburdened by housing costs?
Among renter households in this market, 46 percent have housing cost burden. Further, 18 percent of households are extremely rent overburdened. When renters pay too much for their housing, it leaves little money for other necessities like food, clothes, or medicine.
The federal government says that renters are cost-burdened if they pay more than a third of their monthly income for rent and utilities.
How Much Is Rent in Fort Mill
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $1,347 to $2,481. FMRs are updated annually by HUD for every city and county nationwide.
| Bed Size | 2024 Fair Market Rents |
| Studio | $1,347 |
| One BR | $1,384 |
| Two BR | $1,554 |
| Three BR | $1,936 |
| Four BR | $2,481 |
2024 Fair Market Rents in Fort Mill, South Carolina
How many units are rented at Fair Market Rent (FMR) in Fort Mill?
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 | 82 | 91 percent |
| One BR | 185 | 79 percent |
| Two BR | 521 | 72 percent |
Rental Units Below FMR in Fort Mill, South Carolina
How many affordable rental units are in Fort Mill?
There are a variety of federal affordable housing programs serving households in Fort Mill, South Carolina including the following:
| Federal Program | Unit Count |
| Low Income Housing Tax Credit | 279 |
| Public Housing | 29 |
| Section 8 Project-Based Rental Assistance | 141 |
| USDA Section 515 Rural Rental Housing | 52 |
Tracked Units by Federal Program in Fort Mill, South Carolina
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in Fort Mill, South Carolina
Fort Mill features 418 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 328 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 $1,399 and $1,709.
Sourced from federal housing data and AffordableHousingOnline.com research.
