Fountain Inn, South Carolina Affordable Housing

Affordable Housing programs support 106 income based apartments in Fountain Inn where households pay rent based on how much they earn.

There are 146 affordable apartments in Fountain Inn that offer reduced rents to low-income households.

Waiting Lists in Fountain Inn, South Carolina

There is one Section 8 Housing Choice Voucher waiting list open in Fountain Inn.

Go to the South Carolina Section 8 Waiting Lists page for more openings near Fountain Inn.

Fountain Arms

111 Old Fairview Rd
Fountain Inn, South Carolina
1 BR
Affordable

Woodside Avenue Apartments

503 Woodside Avenue
Fountain Inn, South Carolina

Fountain Hills II

201 Chapman Rd
Fountain Inn, South Carolina
Affordable

Fountain Hills

201 Chapman Rd
Fountain Inn, South Carolina

Valley View Apartments

201 Valley View Rd
Fountain Inn, South Carolina
Rent Assisted

Woodlot Apartments

500 Fairview St
Fountain Inn, South Carolina
Affordable
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Affordable Housing Near Fountain Inn

View affordable apartments and waiting lists in cities near Fountain Inn

City Apartments
Greenville, SC Affordable Housing programs support 73 apartment communities in Greenville.
Greer, SC Affordable Housing programs support 15 apartment communities in Greer.
Travelers Rest, SC Affordable Housing programs support 8 apartment communities in Travelers Rest.
Simpsonville, SC Affordable Housing programs support 4 apartment communities in Simpsonville.
Taylors, SC Affordable Housing programs support 4 apartment communities in Taylors.

Public Housing Agencies Serving Fountain Inn, 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
Greenville Housing Authority 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 Fountain Inn.

Fountain Inn, South Carolina Affordable Housing Data

Income Based Apartments in Fountain Inn, South Carolina

Fountain Inn features 106 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 Fountain Inn, South Carolina

There are 146 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Fountain Inn.

Housing Choice Vouchers in Fountain Inn, South Carolina

On average, Section 8 Housing Choice vouchers pay Fountain Inn landlords $600 per month towards rent. The average voucher holder contributes $300 towards rent in Fountain Inn.

The maximum amount a voucher would pay on behalf of a low-income tenant in Fountain Inn, South Carolina for a two-bedroom apartment is between $946 and $1,156.

2023 Fountain Inn, 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
Fountain Inn, South Carolina Fair Market Rent $865 $931 $1,051 $1,344 $1,628
Fountain Inn, South Carolina Payment Standard Range $779 to $952 $838 to $1,024 $946 to $1,156 $1,210 to $1,478 $1,465 to $1,791

Sourced from federal housing data and AffordableHousingOnline.com research.

Fountain Inn, SC Affordable Housing Snapshot

Total Affordable Apartment Properties 6
Total Low Income Apartments 252
Total Housing Units with Rental Assistance 106
Percentage of Housing Units Occupied By Renters 29.88%
Average Renter Household Size 2.86
Average Household Size 2.62
Median Household Income $47,816 ±$6,201
Median Rent $745 ±$53
Percentage Of Renters Overburdened 28.48% ± 16.11pp
Total Population 8,399

Population and Household Demographics

Fountain Inn is a city in Greenville County, South Carolina with a population of 8,399. There are 3,173 households in the city with an average household size of 2.62 persons. 29.88% of households in Fountain Inn are renters.

Income and Rent Overburden in Fountain Inn

The median gross income for households in Fountain Inn is $47,816 a year, or $3,985 a month. The median rent for the city is $745 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Fountain Inn, a household making less than $2,483 a month would be considered overburdened when renting an apartment at or above the median rent. 28.48% of households who rent are overburdened in Fountain Inn.

Area Median Income In Fountain Inn

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 Fountain Inn, the AMI is calculated from all households within Greenville County.

In Fountain Inn, HUD calculates the Area Median Income for a family of four as $85,200

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 Fountain Inn

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 Fountain Inn

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 Fountain Inn AMI may qualify for rental assistance programs that target Extremely Low Income households.
$17,900 $20,450 $23,030 $27,750 $32,470 $37,190 $41,910 $46,630
50% AMI Income Limits
Renters earning up to 50% of the Fountain Inn AMI may qualify for rental assistance programs that target Very Low Income households.
$29,850 $34,100 $38,350 $42,600 $46,050 $49,450 $52,850 $56,250
80% AMI Income Limits
Renters earning up to 80% of the Fountain Inn AMI may qualify for rental assistance programs that target Low Income households.
$47,750 $54,550 $61,350 $68,150 $73,650 $79,100 $84,550 $90,000