What HUD offices serve Hilton Head Island, 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 Hilton Head Island.
How many renters live in Hilton Head Island, South Carolina?
The City of Hilton Head Island has people living in households.
There are renters living in renter households in this City. Renters make up 21.92 percent of the population living in Hilton Head Island.
What is the rental market like in Hilton Head Island, South Carolina?
There are an estimated housing units in the Hilton Head Island area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Hilton Head Island, South Carolina, there are 1.74 rental units.
What is the vacancy rate for rentals in Hilton Head Island?
The rental vacancy rate in Hilton Head Island is 42 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 Hilton Head Island for each bedroom size?
Occupied Rental Units by Size in Hilton Head Island
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 259 | 693 | 1,109 | 886 | 293 |
Occupied Rental Units by Size in Hilton Head Island
A large number of apartments in Hilton Head Island have two or fewer bedrooms. Seniors and young professionals especially may have more success finding an apartment that meets their needs.
How Much Is Rent in Hilton Head Island
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $1,432 to $2,634. FMRs are updated annually by HUD for every city and county nationwide.
| Bed Size | 2024 Fair Market Rents |
| Studio | $1,432 |
| One BR | $1,472 |
| Two BR | $1,652 |
| Three BR | $2,050 |
| Four BR | $2,634 |
2024 Fair Market Rents in Hilton Head Island, South Carolina
How many units are rented at Fair Market Rent (FMR) in Hilton Head Island?
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 | 86 | 33 percent |
| One BR | 337 | 49 percent |
| Two BR | 539 | 49 percent |
Rental Units Below FMR in Hilton Head Island, South Carolina
How many affordable rental units are in Hilton Head Island?
There are a variety of federal affordable housing programs serving households in Hilton Head Island, South Carolina including the following:
| Federal Program | Unit Count |
| Low Income Housing Tax Credit | |
| Public Housing | |
| Section 8 Project-Based Rental Assistance | |
| USDA Section 515 Rural Rental Housing |
Tracked Units by Federal Program in Hilton Head Island, South Carolina
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in Hilton Head Island, South Carolina
Hilton Head Island features 161 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 Hilton Head Island, South Carolina
There are 120 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Hilton Head Island.
Housing Choice Vouchers in Hilton Head Island, South Carolina
On average, Section 8 Housing Choice vouchers pay Hilton Head Island landlords $700 per month towards rent. The average voucher holder contributes $300 towards rent in Hilton Head Island.
The maximum amount a voucher would pay on behalf of a low-income tenant in Hilton Head Island, South Carolina for a two-bedroom apartment is between $1,487 and $1,817.
Sourced from federal housing data and AffordableHousingOnline.com research.