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

Discover affordable housing in Laurens where there are 15+ 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.

Laurens Terrace Apartments

700 Laurens Terrace Dr, Laurens, South Carolina 29360

Laurens Glen Apartments

900 Church St, Laurens, South Carolina 29360

Meadowbrook Apartments

201 Reedy Fork Rd, Laurens, South Carolina 29360

Hilltop Apartments

800 Spring St, Laurens, South Carolina 29360

Laurelwood Apartments

301 Reedy Fork Rd, Laurens, South Carolina 29360

Brown Franklin Court

Spring St, Independence Ave, Laurens, South Carolina 29360

Hanson Circle Apartments

5 Anderson Rd, Laurens, South Carolina 29360

Summerfield Apartments of Laurens

116 Garlington St, Laurens, South Carolina 29360

Fairgrounds Senior Village

197 Fairgrounds Rd, Laurens, South Carolina 29360

Sfn, Inc

206 Holmes St, Laurens, South Carolina 29360

Laurens Co. Specialty Housing Corp.

415 Mill St, Laurens, South Carolina 29360

Laurens Villa Apartments

309 Exchange Dr, Laurens, South Carolina 29360

Omt, Inc

503 Sullivan St, Laurens, South Carolina 29360

M00 Mhalaurens Laurens Apartments Rh

Laurens Apartments, Laurens, South Carolina 29360

M04 Mha of Laurens County Rental

205 Samaritan Dr, Laurens, South Carolina 29360

calendar_today Opened: Apr 15
calendar_today Closes: Apr 30,

Reported On April 15th, 2024 by Ayat Elkarib

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Laurens, South Carolina
$11.58 (+160%) more than South Carolina minimum wage and $11.58 (+160%) more than the Federal minimum wage.
Learn More About Laurens, South Carolina Affordable Housing ↓

What HUD offices serve Laurens, 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 programs for Laurens, South Carolina.
Operates the Public Housing programs for Laurens, South Carolina.

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

How many renters live in Laurens, South Carolina?

The City of Laurens has 9,276 people living in 3,739 households.

There are 4,229 renters living in 1,914 renter households in this City. Renters make up 45.59 percent of the population living in Laurens.

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

There are an estimated 4,263 housing units in the Laurens area. Of these, 1,999 units are rental homes, making up 47 percent of the housing market. For every renter household in Laurens, South Carolina, there are 1 rental units.

What is the vacancy rate for rentals in Laurens?

The rental vacancy rate in Laurens is 4 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 Laurens for each bedroom size?

Occupied Rental Units by Size in Laurens
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
102 388 824 437 163
Occupied Rental Units by Size in Laurens

A large number of apartments in Laurens 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 Laurens are overburdened by housing costs?

Among renter households in this market, 43 percent have housing cost burden. Further, 13 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 Laurens

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $752 to $1,330. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $752
One BR $757
Two BR $994
Three BR $1,202
Four BR $1,330
2024 Fair Market Rents in Laurens, South Carolina

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

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 63 62 percent
One BR 319 82 percent
Two BR 615 75 percent
Rental Units Below FMR in Laurens, South Carolina

How many affordable rental units are in Laurens?

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

Federal Program Unit Count
Low Income Housing Tax Credit 272
Public Housing 201
Section 8 Project-Based Rental Assistance 149
Section 811 Supportive Housing for Persons with Disabilities 46
USDA Section 515 Rural Rental Housing 336
Tracked Units by Federal Program in Laurens, South Carolina

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

Income Based Apartments in Laurens, South Carolina

Laurens features 772 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 Laurens, South Carolina

There are 113 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Laurens.

Housing Choice Vouchers in Laurens, South Carolina

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Laurens, South Carolina for a two-bedroom apartment is between $895 and $1,093.

Sourced from federal housing data and AffordableHousingOnline.com research.