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Affordable Housing In Laurens
Laurens County, South Carolina

13 Low Income Apartment Communities In Laurens

M04 Mha of Laurens County Rental

205 Samaritan Dr
Laurens, South Carolina

Summerfield Apartments of Laurens

116 Garlington St
Laurens, South Carolina

Brown Franklin Court

218 Independence Ave
Laurens, South Carolina

Housing Authorities that serve Laurens

Housing Authority Programs
Laurens City Housing Authority Public Housing
South Carolina Regional Housing Authority No. 1 Section 8 Housing Choice Voucher (HCV); Public Housing

Guide To Affordable Housing in Laurens, South Carolina

There are 13 low income housing apartment communities offering 879 affordable apartments for rent in Laurens, South Carolina.

Income Based Apartments in Laurens, South Carolina

Laurens features 538 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 341 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 $724 and $884.

2021 Laurens, 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
Fair Market Rent $606 $610 $804 $1,023 $1,090
Payment Standard Range $545 to $667 $549 to $671 $724 to $884 $921 to $1,125 $981 to $1,199

Sourced from federal housing data and AffordableHousingOnline.com research.

Laurens, SC Affordable Housing Snapshot

Total Affordable Apartment Properties 13
Total Low Income Apartments 879
Total Housing Units with Rental Assistance 538
Percentage of Housing Units Occupied By Renters 47.07%
Average Renter Household Size 2.18
Average Household Size 2.26
Median Household Income $29,295 ±$5,051
Median Rent $578 ±$57
Percentage Of Renters Overburdened 44.27% ± 11.02pp
Total Population 9,122

Population and Household Demographics

Laurens is a city in Laurens County, South Carolina with a population of 9,122. There are 3,873 households in the city with an average household size of 2.26 persons. 47.07% of households in Laurens are renters.

Income and Rent Overburden in Laurens

The median gross income for households in Laurens is $29,295 a year, or $2,441 a month. The median rent for the city is $578 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Laurens, a household making less than $1,927 a month would be considered overburdened when renting an apartment at or above the median rent. 44.27% of households who rent are overburdened in Laurens.

Area Median Income In Laurens

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.

HUD often uses an area larger than a city to determine the AMI because HUD anticipates those searching for housing will look beyond individual cities during their housing search. For Laurens, the AMI is calculated from all households within Laurens County.

In Laurens, HUD calculates the Area Median Income for a family of four as $45,900

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 Laurens

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 Laurens

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $12,760 $17,240 $21,720 $26,200 $28,550 $30,650 $32,750 $34,850
50% of Median $18,500 $21,150 $23,800 $26,400 $28,550 $30,650 $32,750 $34,850
80% of Median $29,600 $33,800 $38,050 $42,250 $45,650 $49,050 $52,400 $55,800