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

Discover affordable housing in Lexington where there are 16+ 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.

Town and Country Apartments

301 Roberts St, Lexington, South Carolina 29072

Churchwood Apartments

144 Old Chapin Rd, Lexington, South Carolina 29072

Pebble Creek

136 Library Hill Ln, Lexington, South Carolina 29072

Autumnwood Crossing

207 Topsider Court, Lexington, South Carolina 29072

Sweetbriar Apartments

200 Libby Ln, Lexington, South Carolina 29072

Fern Hall

600 Fern Hall Dr , Lexington, South Carolina 29073

Fern Hall Crossing

123 Brevard Pkwy, Lexington, South Carolina 29073

Hamptons Crossing

515 Northwood Rd, Lexington, South Carolina 29072

Villas at Northlake

198 Citizens Dr, Lexington, South Carolina 29072

Chimney Ridge Apartments - Phase II

300 Palmetto Park Blvd, Lexington, South Carolina 29072

Park North Apartments

200 Brookhill Street W, Lexington, South Carolina 29072

Lexington South

425 Hendrix Street, Lexington, South Carolina 29072

Town and Country Apartments

200 Old Chapin Rd, Lexington, South Carolina 29072

M04 Companion Summer V Railroad Rh

Railroad Ave, Lexington, South Carolina 29072

M02thearborsi ( Oldbarnwell ) Rh

Old Barnwell Rd, Lexington, South Carolina 29073

M99 ( Companiono ) Railroadaverh

142 Railroad Ave, Lexington, South Carolina 29072

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Lexington, South Carolina
$23.60/hour
$16.35 (+226%) more than South Carolina minimum wage and $16.35 (+226%) more than the Federal minimum wage.
Learn More About Lexington, South Carolina Affordable Housing ↓

What HUD offices serve 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.

Operates the Section 8 Housing Choice Voucher (HCV), Public Housing, Veteran Affairs Supportive Housing (VASH), Section 8 Project-Based Voucher (PBV), Moderate Rehabilitation, Emergency Housing Voucher (EHV) programs for Lexington, South Carolina.
Operates the Section 8 Housing Choice Voucher (HCV), Public Housing programs for Lexington, South Carolina.
Operates the Section 8 Housing Choice Voucher (HCV), Homeownership Voucher programs for Lexington, South Carolina.

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

How many renters live in Lexington, South Carolina?

The City of Lexington has 23,665 people living in 9,274 households.

There are 6,074 renters living in 2,998 renter households in this City. Renters make up 25.67 percent of the population living in Lexington.

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

There are an estimated 9,820 housing units in the Lexington area. Of these, 3,245 units are rental homes, making up 33 percent of the housing market. For every renter household in Lexington, South Carolina, there are 1 rental units.

What is the vacancy rate for rentals in Lexington?

The rental vacancy rate in Lexington is 6 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 Lexington for each bedroom size?

Occupied Rental Units by Size in Lexington
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
252 525 1,559 561 94
Occupied Rental Units by Size in Lexington

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

Among renter households in this market, 41 percent have housing cost burden. Further, 21 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 Lexington

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $1,036 to $1,917. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $1,036
One BR $1,110
Two BR $1,246
Three BR $1,595
Four BR $1,917
2024 Fair Market Rents in Lexington, South Carolina

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

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 135 54 percent
One BR 167 32 percent
Two BR 786 50 percent
Rental Units Below FMR in Lexington, South Carolina

How many affordable rental units are in Lexington?

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

Federal Program Unit Count
Low Income Housing Tax Credit 432
Section 8 Project-Based Rental Assistance 87
USDA Section 515 Rural Rental Housing 182
Tracked Units by Federal Program in Lexington, South Carolina

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

Income Based Apartments in Lexington, South Carolina

Lexington features 188 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 395 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 $1,121 and $1,371.

Sourced from federal housing data and AffordableHousingOnline.com research.