How many renters live in Lamar, South Carolina?
The City of Lamar has people living in households.
There are renters living in renter households in this City. Renters make up 14.79 percent of the population living in Lamar.
What is the rental market like in Lamar, South Carolina?
There are an estimated housing units in the Lamar area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Lamar, South Carolina, there are 1.1 rental units.
What is the vacancy rate for rentals in Lamar?
The rental vacancy rate in Lamar is 9 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 Lamar for each bedroom size?
Occupied Rental Units by Size in Lamar
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 0 | 17 | 36 | 35 | 4 |
Occupied Rental Units by Size in Lamar
A large number of apartments in Lamar 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 Lamar
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $751 to $1,349. FMRs are updated annually by HUD for every city and county nationwide.
| Bed Size | 2024 Fair Market Rents |
| Studio | $751 |
| One BR | $756 |
| Two BR | $959 |
| Three BR | $1,170 |
| Four BR | $1,349 |
2024 Fair Market Rents in Lamar, South Carolina
How many units are rented at Fair Market Rent (FMR) in Lamar?
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 |
| One BR | 17 | 100 percent |
| Two BR | 19 | 53 percent |
Rental Units Below FMR in Lamar, South Carolina
How many affordable rental units are in Lamar?
Income Based Apartments in Lamar, South Carolina
Lamar features 50 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 Lamar, South Carolina
There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Lamar.
Housing Choice Vouchers in Lamar, South Carolina
On average, Section 8 Housing Choice vouchers pay Lamar landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Lamar.
The maximum amount a voucher would pay on behalf of a low-income tenant in Lamar, South Carolina for a two-bedroom apartment is between $863 and $1,055.
Sourced from federal housing data and AffordableHousingOnline.com research.