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

Discover affordable housing in Lancaster where there are 19+ 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.

Millers Ridge Apartments

1000 Millers Ridge Ln, Lancaster, South Carolina 29720

Cottages at Azalea

100 Pondridge Lane, Lancaster, South Carolina 29720

Knolwood Apartments

265 Knolwood Apartments Drive, Lancaster, South Carolina 29720

Chesterfield Villas of Lancaster

411 Chesterfield Ave, Lancaster, South Carolina 29720

Old Hickory Apartments

1005 Hickory Hill Dr, Lancaster, South Carolina 29720

Northwest Apartments

3058 Northwest Apartments Dr, Lancaster, South Carolina 29720

Lancaster Manor

201 Chesterfield Ave , Lancaster, South Carolina 29720

Azalea Gardens

200 Monroe Hwy, Lancaster, South Carolina 29720

The Manor Apartments

402 N. Catawba Street, Lancaster, South Carolina 29720

Palmetto Place Apartments

2901 Pardue St, Lancaster, South Carolina 29720

Abbington Willow Lake

217 N. Willow Lake, Lancaster, South Carolina 29720

Woodcreek Apartments

1017 Woodcreek Apartments Dr, Lancaster, South Carolina 29720

Lancaster Landing

1780 W Meeting St, Lancaster, South Carolina 29720

Miller Grove

221 Miller St, Lancaster, South Carolina 29720

Northwest Apartments

3058 NW Apartment Dr, Lancaster, South Carolina 29720

Sycamore Run

3038 Miller St, Lancaster, South Carolina 29720

Caroline Courts

102 Caroline Ct, Lancaster, South Carolina 29720

Rutledge Park Apts

511 Chesterfield Ave, Lancaster, South Carolina

South Main Street Apartments

220 S Main St, Lancaster, South Carolina 29720

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Lancaster, South Carolina
$12.18 (+168%) more than South Carolina minimum wage and $12.18 (+168%) more than the Federal minimum wage.
Learn More About Lancaster, South Carolina Affordable Housing ↓

What HUD offices serve Lancaster, 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, Family Self-Sufficiency programs for Lancaster, South Carolina.

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

How many renters live in Lancaster, South Carolina?

The City of Lancaster has 8,592 people living in 3,211 households.

There are 4,536 renters living in 1,884 renter households in this City. Renters make up 52.79 percent of the population living in Lancaster.

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

There are an estimated 3,575 housing units in the Lancaster area. Of these, 1,993 units are rental homes, making up 56 percent of the housing market. For every renter household in Lancaster, South Carolina, there are 1 rental units.

What is the vacancy rate for rentals in Lancaster?

The rental vacancy rate in Lancaster 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 Lancaster for each bedroom size?

Occupied Rental Units by Size in Lancaster
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
27 166 1,011 471 196
Occupied Rental Units by Size in Lancaster

A large number of apartments in Lancaster have two or fewer bedrooms. Seniors and young professionals especially may have more success finding an apartment that meets their needs.

How many renter households in Lancaster are overburdened by housing costs?

Among renter households in this market, 54 percent have housing cost burden. Further, 33 percent of households are extremely rent overburdened. When renters pay too much for their housing, it leaves little money for other necessities like food, clothes, or medicine.

The federal government says that renters are cost-burdened if they pay more than a third of their monthly income for rent and utilities.

How Much Is Rent in Lancaster

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $785 to $1,518. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $785
One BR $790
Two BR $1,026
Three BR $1,360
Four BR $1,518
2024 Fair Market Rents in Lancaster, South Carolina

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

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 27 100 percent
One BR 142 86 percent
Two BR 830 82 percent
Rental Units Below FMR in Lancaster, South Carolina

How many affordable rental units are in Lancaster?

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

Federal Program Unit Count
Low Income Housing Tax Credit 480
Public Housing 40
Section 8 Project-Based Rental Assistance 228
USDA Section 515 Rural Rental Housing 144
Tracked Units by Federal Program in Lancaster, South Carolina

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

Income Based Apartments in Lancaster, South Carolina

Lancaster features 583 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 Lancaster, South Carolina

There are 269 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Lancaster.

Housing Choice Vouchers in Lancaster, South Carolina

On average, Section 8 Housing Choice vouchers pay Lancaster landlords $500 per month towards rent. The average voucher holder contributes $300 towards rent in Lancaster.

The maximum amount a voucher would pay on behalf of a low-income tenant in Lancaster, South Carolina for a two-bedroom apartment is between $923 and $1,129.

Sourced from federal housing data and AffordableHousingOnline.com research.