Low Income Apartments and Affordable Housing For Rent in Irmo, SC

Discover affordable housing in Irmo where there are 4+ housing opportunities based on income and household needs like accessible units for seniors or persons with disabilities. Find and apply to these low income apartments now.

The Pointe at Lake Murray

110 Ballentine Park Road, Irmo, South Carolina 29063

bed 2-3
switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers

Cinnaberry Pointe

1424 Fork Ave, Irmo, South Carolina 29063

bed 1
switch_access_shortcut Short Wait
accessibility Accessible

Irmo Village Apartments

700 Chipwood Court, Irmo, South Carolina 29063

payment Subsidized

589 Parlock Rd

589 Parlock Rd, Irmo, South Carolina 29063

bed 4
payment $1875/mo.

How To Identify Affordable Housing in Irmo, South Carolina

Look for program and preference badges on affordable apartment listings. These badges can help you identify the types of low income housing each apartment offers and if you may be eligbile for rental assistance or reduced rents.

Badge Description
switch_access_shortcut Short Wait
Low income apartments with no or short waiting lists.
payment Subsidized
Low income housing where the rent is subsidized and the renter pays only a portion of total rent.
real_estate_agent Accepts Vouchers
Apartments that accept Section 8 vouchers near you
elderly Senior
Rental housing for seniors who are 55 (or sometimes 62) and older.
payment Income Based
Affordable apartments where the rent paid is based on renter income.
accessibility Accessible
Meets Accessibilty Requirements of the Fair Housing Act, the ADA, or HUD policy.
accessible_forward Disability
Apartments for individuals or families with disabilities.
real_estate_agent Naturally Affordable
Naturally Occuring Affordable Housing - or NOAH - is any housing unit that offers affordable rent without participating in a rent subsidy program.
The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Irmo, South Carolina
$23.60/hour
$16.35 (+226%) more than South Carolina minimum wage and $16.35 (+226%) more than the Federal minimum wage.
Learn More About Irmo, South Carolina Affordable Housing ↓

What HUD offices serve Irmo, 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.

Operates the Section 8 Housing Choice Voucher (HCV), Public Housing, Veteran Affairs Supportive Housing (VASH), Section 8 Project-Based Voucher (PBV), Moderate Rehabilitation, Emergency Housing Voucher (EHV) programs for Irmo, South Carolina.
Operates the Section 8 Housing Choice Voucher (HCV), Public Housing programs for Irmo, South Carolina.
Operates the Section 8 Housing Choice Voucher (HCV), Homeownership Voucher programs for Irmo, South Carolina.

Go to the South Carolina Public Housing and Low-Income Apartments Waiting Lists page for openings near Irmo.

How many renters live in Irmo, South Carolina?

The City of Irmo has people living in households.

There are renters living in renter households in this City. Renters make up 21.21 percent of the population living in Irmo.

What is the rental market like in Irmo, South Carolina?

There are an estimated housing units in the Irmo area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Irmo, South Carolina, there are 1.03 rental units.

What is the vacancy rate for rentals in Irmo?

The rental vacancy rate in Irmo is 3 percent. This is a lower than average vacancy rate. When rental vacancy rates are low there are fewer available units. Rents tend to be higher as more people compete for scarce housing.

How many rental units are in Irmo for each bedroom size?

Occupied Rental Units by Size in Irmo
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
29 86 133 612 91
Occupied Rental Units by Size in Irmo

A large number of apartments in Irmo 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 Irmo

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $1,036 to $1,917. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $1,036
One BR $1,110
Two BR $1,246
Three BR $1,595
Four BR $1,917
2024 Fair Market Rents in Irmo, South Carolina

How many units are rented at Fair Market Rent (FMR) in Irmo?

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 2 7 percent
One BR 63 73 percent
Two BR 98 74 percent
Rental Units Below FMR in Irmo, South Carolina

How many affordable rental units are in Irmo?

There are a variety of federal affordable housing programs serving households in Irmo, South Carolina including the following:

Federal Program Unit Count
Low Income Housing Tax Credit
Section 8 Project-Based Rental Assistance
Tracked Units by Federal Program in Irmo, South Carolina

Rental units may be funded in part by multiple federal programs.

Income Based Apartments in Irmo, South Carolina

Irmo features 80 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 Irmo, South Carolina

There are 92 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Irmo.

Housing Choice Vouchers in Irmo, South Carolina

On average, Section 8 Housing Choice vouchers pay Irmo landlords $600 per month towards rent. The average voucher holder contributes $500 towards rent in Irmo.

The maximum amount a voucher would pay on behalf of a low-income tenant in Irmo, South Carolina for a two-bedroom apartment is between $1,121 and $1,371.

Sourced from federal housing data and AffordableHousingOnline.com research.

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