The Landings

4080 Horseshoe Rd
Little River, South Carolina
Call For Rent
1-2 BR
Affordable

Halyard Bend Apartments

3941 Halyard Way
Myrtle Beach, South Carolina
Income Based
1-2 BR
Rent Assisted

Loris Gardens

4265 Suggs Street
Loris, South Carolina
Call For Rent
1-2 BR
Affordable

North Oaks Apartments

2501 Oak St
Conway, South Carolina
Call For Rent
1-2 BR
Affordable

Carolina Oaks Village Apartments

1302 Scarlet Lane
Myrtle Beach, South Carolina
Call For Rent
2 BR
Affordable

Villas at Oleander

3810 Oleander Dr
Myrtle Beach, South Carolina
Call For Rent
2 BR
55+
Affordable

Swansgate I, II and III Apartments

1050 Mr. Joe White Ave
Myrtle Beach, South Carolina
Call For Rent
1-2 BR
62+
Affordable

The Highlands at Socastee

South Carolina 707
Myrtle Beach, South Carolina
Affordable

Bay Pointe Apartments

1401 Mako Ct
Myrtle Beach, South Carolina
Call For Rent
2-3 BR
Affordable

Gate Bay Apts

1200 Creel Street
Conway, South Carolina

There are 1,253 low-income apartments in Horry County that offer reduced rents to eligible households.

Rental assistance programs support 1,188 low-income homes in Horry County where households pay rent based on how much they earn. For 2023, elgible households participating in federally assisted housing pay an average of $283 towards rent each month.

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Affordable rent data for some communities last confirmed on July 14th, 2022. Subdsidized rents typically change once a year based on federal guidance.

Horry County, South Carolina Affordable Housing Data

Income Based Apartments in Horry County, South Carolina

Horry County features 1,188 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 Horry County, South Carolina

There are 1,253 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Horry County.

Housing Choice Vouchers in Horry County, South Carolina

On average, Section 8 Housing Choice vouchers pay Horry County landlords $700 per month towards rent. The average voucher holder contributes $300 towards rent in Horry County.

The maximum amount a voucher would pay on behalf of a low-income tenant in Horry County, South Carolina for a two-bedroom apartment is between $1,027 and $1,255.

2023 Horry County, 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
Horry County, South Carolina Fair Market Rent $966 $991 $1,141 $1,455 $1,642
Horry County, South Carolina Payment Standard Range $869 to $1,063 $892 to $1,090 $1,027 to $1,255 $1,310 to $1,601 $1,478 to $1,806

Sourced from federal housing data and AffordableHousingOnline.com research.

Horry County, SC Affordable Housing Snapshot

Total Affordable Apartment Properties 46
Total Low Income Apartments 2,471
Total Housing Units with Rental Assistance 1,188
Percentage of Housing Units Occupied By Renters 30.97%
Average Renter Household Size 2.60
Average Household Size 2.43
Median Household Income $43,299 ±$1,047
Median Rent $843 ±$12
Percentage Of Renters Overburdened 51.11% ± 2.38pp
Total Population 290,730

Population and Household Demographics

Horry County is a county in South Carolina with a population of 290,730. There are 118,738 households in the county with an average household size of 2.43 persons. 30.97% of households in Horry County are renters.

Income and Rent Overburden in Horry County

The median gross income for households in Horry County is $43,299 a year, or $3,608 a month. The median rent for the county is $843 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Horry County, a household making less than $2,810 a month would be considered overburdened when renting an apartment at or above the median rent. 51.11% of households who rent are overburdened in Horry County.

Area Median Income In Horry County

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.

In Horry County, HUD calculates the Area Median Income for a family of four as $72,600

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 Horry County

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 Horry County

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 Horry County AMI may qualify for rental assistance programs that target Extremely Low Income households.
$14,350 $18,310 $23,030 $27,750 $32,470 $37,190 $41,910 $45,100
50% AMI Income Limits
Renters earning up to 50% of the Horry County AMI may qualify for rental assistance programs that target Very Low Income households.
$23,950 $27,350 $30,750 $34,150 $36,900 $39,650 $42,350 $45,100
80% AMI Income Limits
Renters earning up to 80% of the Horry County AMI may qualify for rental assistance programs that target Low Income households.
$38,300 $43,750 $49,200 $54,650 $59,050 $63,400 $67,800 $72,150