Town and Country Apartments

301 Roberts St
Lexington, South Carolina
USDA S. 538
Call For Rent
1-2 BR

Autumnwood Crossing

207 Topsider Court
Lexington, South Carolina
Call For Rent
1-2 BR

Villas at Northlake

198 Citizens Dr
Lexington, South Carolina
1-2 BR

Hamptons Crossing

515 Northwood Rd
Lexington, South Carolina

M04 Companion Summer V Railroad Rh

Railroad Ave
Lexington, South Carolina
Showing Results 1-5

There are 621 low-income apartments in Lexington that offer reduced rents to eligible households.

Rental assistance programs support 100 low-income homes in Lexington where households pay rent based on how much they earn. For 2023, elgible households participating in federally assisted housing pay an average of $356 towards rent each month.

Affordable rent data for some communities last confirmed on July 13th, 2022. Subdsidized rents typically change once a year based on federal guidance.

Public Housing Agencies Serving Lexington, 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.

Housing Authority Programs
Cayce Housing Authority Section 8 Housing Choice Voucher (HCV); Public Housing
South Carolina State Housing Finance and Development Authority Section 8 Housing Choice Voucher (HCV); Homeownership Voucher
Go to the South Carolina Public Housing and Low-Income Apartments Waiting Lists page for openings near Lexington.

Lexington, South Carolina Affordable Housing Data

Income Based Apartments in Lexington, South Carolina

Lexington features 100 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 Lexington, South Carolina

There are 621 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Lexington.

Housing Choice Vouchers in Lexington, South Carolina

On average, Section 8 Housing Choice vouchers pay Lexington landlords $600 per month towards rent. The average voucher holder contributes $400 towards rent in Lexington.

The maximum amount a voucher would pay on behalf of a low-income tenant in Lexington, South Carolina for a two-bedroom apartment is between $1,013 and $1,238.

2023 Lexington, 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
Lexington, South Carolina Fair Market Rent $944 $996 $1,125 $1,442 $1,724
Lexington, South Carolina Payment Standard Range $850 to $1,038 $896 to $1,096 $1,013 to $1,238 $1,298 to $1,586 $1,552 to $1,896

Sourced from federal housing data and research.

Lexington, SC Affordable Housing Snapshot

Total Affordable Apartment Properties 15
Total Low Income Apartments 721
Total Housing Units with Rental Assistance 100
Percentage of Housing Units Occupied By Renters 40.28%
Average Renter Household Size 1.93
Average Household Size 2.37
Median Household Income $60,376 ±$4,666
Median Rent $953 ±$25
Percentage Of Renters Overburdened 42.93% ± 7.15pp
Total Population 19,447

Population and Household Demographics

Lexington is a city in Lexington County, South Carolina with a population of 19,447. There are 7,564 households in the city with an average household size of 2.37 persons. 40.28% of households in Lexington are renters.

Income and Rent Overburden in Lexington

The median gross income for households in Lexington is $60,376 a year, or $5,031 a month. The median rent for the city is $953 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Lexington, a household making less than $3,177 a month would be considered overburdened when renting an apartment at or above the median rent. 42.93% of households who rent are overburdened in Lexington.

Area Median Income In Lexington

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 Lexington, the AMI is calculated from all households within Lexington County.

In Lexington, HUD calculates the Area Median Income for a family of four as $83,900

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 Lexington

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 Lexington

1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% AMI Income Limits
Renters earning up to 30% of the Lexington AMI may qualify for rental assistance programs that target Extremely Low Income households.
$17,650 $20,150 $24,860 $30,000 $35,140 $40,280 $45,420 $50,560
50% AMI Income Limits
Renters earning up to 50% of the Lexington AMI may qualify for rental assistance programs that target Very Low Income households.
$29,400 $33,600 $37,800 $41,950 $45,350 $48,700 $52,050 $55,400
80% AMI Income Limits
Renters earning up to 80% of the Lexington AMI may qualify for rental assistance programs that target Low Income households.
$47,000 $53,700 $60,400 $67,100 $72,500 $77,850 $83,250 $88,600