Heath Springs, South Carolina Affordable Housing Data

Income Based Apartments in Heath Springs, South Carolina

Heath Springs features 43 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 Heath Springs, South Carolina

There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Heath Springs.

Housing Choice Vouchers in Heath Springs, South Carolina

On average, Section 8 Housing Choice vouchers pay Heath Springs landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Heath Springs.

The maximum amount a voucher would pay on behalf of a low-income tenant in Heath Springs, South Carolina for a two-bedroom apartment is between $821 and $1,003.

2023 Heath Springs, 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.

Sourced from federal housing data and AffordableHousingOnline.com research.

Heath Springs, SC Affordable Housing Snapshot

Total Affordable Apartment Properties	1
Total Low Income Apartments	43
Total Housing Units with Rental Assistance	43
Percentage of Housing Units Occupied By Renters	31.12%
Average Renter Household Size	2.45
Average Household Size	2.49
Median Household Income	$30,417 ±$10,444
Median Rent	$585 ±$148
Percentage Of Renters Overburdened	40.45% ± 20.17pp
Total Population	713

Population and Household Demographics

Heath Springs is a city in Lancaster County, South Carolina with a population of 713. There are 286 households in the city with an average household size of 2.49 persons. 31.12% of households in Heath Springs are renters.

Income and Rent Overburden in Heath Springs

The median gross income for households in Heath Springs is $30,417 a year, or $2,535 a month. The median rent for the city is $585 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Heath Springs, a household making less than $1,950 a month would be considered overburdened when renting an apartment at or above the median rent. 40.45% of households who rent are overburdened in Heath Springs.

Area Median Income In Heath Springs

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 Heath Springs, the AMI is calculated from all households within Lancaster County.

In Heath Springs, HUD calculates the Area Median Income for a family of four as $77,300

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 Heath Springs

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 Heath Springs