Georgetown, South Carolina Affordable Housing

Affordable Housing programs support 447 income based apartments in Georgetown where households pay rent based on how much they earn.

There are 352 affordable apartments in Georgetown that offer reduced rents to low-income households.

Waiting Lists in Georgetown, South Carolina

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

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

Villas at Winyah Bay

2105 Lincoln St
Georgetown, South Carolina
Call For Rent
1-2 BR
55+
Affordable

Georgetown Landing

2107 Lincoln Street
Georgetown, South Carolina
Income Based
2-3 BR
Affordable

Georgetown Commons

215 Martin St
Georgetown, South Carolina
Rent Assisted

Millner Elderly Housing, Inc

200 Montford Dr
Georgetown, South Carolina
Rent Assisted
62+
Accessible
Elderly Supportive Housing

Bethel Apartments Inc

1810 Gilbert Street
Georgetown, South Carolina
Rent Assisted

Plantation Apartments

185 Montford Dr
Georgetown, South Carolina
Affordable

Westside Apartments

1 McCaffrey Ct
Georgetown, South Carolina

Maryville South Apartments

6 Hinds St
Georgetown, South Carolina

Hickory Knoll

2800 Church St
Georgetown, South Carolina
Affordable

Andrew S Partin

1604 Duke St
Georgetown, South Carolina
Affordable
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Affordable Housing Near Georgetown

View affordable apartments and waiting lists in cities near Georgetown

City Apartments
Andrews, SC Affordable Housing programs support 6 apartment communities in Andrews.
Pawleys Island, SC Affordable Housing programs support 1 apartment communities in Pawleys Island.

Public Housing Agencies Serving Georgetown, 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
Georgetown 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 Georgetown.

Georgetown, South Carolina Affordable Housing Data

Income Based Apartments in Georgetown, South Carolina

Georgetown features 447 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 Georgetown, South Carolina

There are 352 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Georgetown.

Housing Choice Vouchers in Georgetown, South Carolina

On average, Section 8 Housing Choice vouchers pay Georgetown landlords $500 per month towards rent. The average voucher holder contributes $300 towards rent in Georgetown.

The maximum amount a voucher would pay on behalf of a low-income tenant in Georgetown, South Carolina for a two-bedroom apartment is between $840 and $1,026.

2023 Georgetown, 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
Georgetown, South Carolina Fair Market Rent $704 $709 $933 $1,326 $1,337
Georgetown, South Carolina Payment Standard Range $634 to $774 $638 to $780 $840 to $1,026 $1,193 to $1,459 $1,203 to $1,471

Sourced from federal housing data and AffordableHousingOnline.com research.

Georgetown, SC Affordable Housing Snapshot

Total Affordable Apartment Properties 12
Total Low Income Apartments 799
Total Housing Units with Rental Assistance 447
Percentage of Housing Units Occupied By Renters 41.67%
Average Renter Household Size 2.97
Average Household Size 2.75
Median Household Income $24,534 ±$5,411
Median Rent $643 ±$87
Percentage Of Renters Overburdened 48.84% ± 12.64pp
Total Population 9,079

Population and Household Demographics

Georgetown is a city in Georgetown County, South Carolina with a population of 9,079. There are 3,218 households in the city with an average household size of 2.75 persons. 41.67% of households in Georgetown are renters.

Income and Rent Overburden in Georgetown

The median gross income for households in Georgetown is $24,534 a year, or $2,045 a month. The median rent for the city is $643 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Georgetown, a household making less than $2,143 a month would be considered overburdened when renting an apartment at or above the median rent. 48.84% of households who rent are overburdened in Georgetown.

Area Median Income In Georgetown

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 Georgetown, the AMI is calculated from all households within Georgetown County.

In Georgetown, HUD calculates the Area Median Income for a family of four as $69,800

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 Georgetown

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 Georgetown

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 Georgetown AMI may qualify for rental assistance programs that target Extremely Low Income households.
$14,700 $18,310 $23,030 $27,750 $32,470 $37,190 $41,910 $46,100
50% AMI Income Limits
Renters earning up to 50% of the Georgetown AMI may qualify for rental assistance programs that target Very Low Income households.
$24,450 $27,950 $31,450 $34,900 $37,700 $40,500 $43,300 $46,100
80% AMI Income Limits
Renters earning up to 80% of the Georgetown AMI may qualify for rental assistance programs that target Low Income households.
$39,100 $44,700 $50,300 $55,850 $60,350 $64,800 $69,300 $73,750