Moncks Corner, South Carolina Affordable Housing

Affordable Housing programs support 293 income based apartments in Moncks Corner where households pay rent based on how much they earn.

There are 96 affordable apartments in Moncks Corner that offer reduced rents to low-income households.

Waiting Lists in Moncks Corner, South Carolina

There are no open Section 8 Housing Choice Voucher waiting lists in Moncks Corner. Go to the South Carolina Section 8 Waiting Lists page for openings near Moncks Corner.

Northbridge Court Apartments

110 Northbridge Ct
Moncks Corner, South Carolina
Call For Rent
1-3 BR
Rent Assisted

St. Frances Villas

109 Bradley Rd
Moncks Corner, South Carolina
Call For Rent
1-3 BR

Country Lane Apartments

105 Debby Lane
Moncks Corner, South Carolina
Call For Rent
2 BR
Affordable

Berkeley Place Apartments

249 Gulledge Street
Moncks Corner, South Carolina
Call For Rent
1 BR
Rent Assisted
Accessible
62+

Barony Place

120 Stilesandwells Drive
Moncks Corner, South Carolina
Affordable

Bci Homes, Inc

122 West St
Moncks Corner, South Carolina
Rent Assisted
Accessible
Accessible
Disabled Supportive Housing

Plantation Apartments

1022 Old Highway 52
Moncks Corner, South Carolina
Rent Assisted

Plantation Associates of Moncks Corner

Old Hwy 52
Moncks Corner, South Carolina
Affordable
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Affordable Housing Near Moncks Corner

View affordable apartments and waiting lists in cities near Moncks Corner

City Apartments
North Charleston, SC Affordable Housing programs support 23 apartment communities in North Charleston.
Summerville, SC Affordable Housing programs support 18 apartment communities in Summerville.
Goose Creek, SC Affordable Housing programs support 5 apartment communities in Goose Creek.
St. Stephen, SC Affordable Housing programs support 3 apartment communities in St. Stephen.
Hanahan, SC Affordable Housing programs support 2 apartment communities in Hanahan.

Public Housing Agencies Serving Moncks Corner, 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.

Waiting lists for project-based assistance, like the Public Housing program, are open:

Housing Authority Programs
South Carolina Regional Housing Authority No. 3 Section 8 Housing Choice Voucher (HCV); Public Housing
Go to the South Carolina Public Housing and Low-Income Apartments Waiting Lists page for openings near Moncks Corner.

Moncks Corner, South Carolina Affordable Housing Data

Income Based Apartments in Moncks Corner, South Carolina

Moncks Corner features 293 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 Moncks Corner, South Carolina

There are 96 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Moncks Corner.

Housing Choice Vouchers in Moncks Corner, South Carolina

On average, Section 8 Housing Choice vouchers pay Moncks Corner landlords $600 per month towards rent. The average voucher holder contributes $300 towards rent in Moncks Corner.

The maximum amount a voucher would pay on behalf of a low-income tenant in Moncks Corner, South Carolina for a two-bedroom apartment is between $1,380 and $1,686.

2023 Moncks Corner, 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
Moncks Corner, South Carolina Fair Market Rent $1,328 $1,357 $1,533 $1,906 $2,397
Moncks Corner, South Carolina Payment Standard Range $1,195 to $1,461 $1,221 to $1,493 $1,380 to $1,686 $1,715 to $2,097 $2,157 to $2,637

Sourced from federal housing data and AffordableHousingOnline.com research.

Moncks Corner, SC Affordable Housing Snapshot

Total Affordable Apartment Properties 8
Total Low Income Apartments 389
Total Housing Units with Rental Assistance 293
Percentage of Housing Units Occupied By Renters 34.35%
Average Renter Household Size 2.35
Average Household Size 2.52
Median Household Income $48,325 ±$4,923
Median Rent $802 ±$81
Percentage Of Renters Overburdened 35.87% ± 11.85pp
Total Population 9,108

Population and Household Demographics

Moncks Corner is a city in Berkeley County, South Carolina with a population of 9,108. There are 3,441 households in the city with an average household size of 2.52 persons. 34.35% of households in Moncks Corner are renters.

Income and Rent Overburden in Moncks Corner

The median gross income for households in Moncks Corner is $48,325 a year, or $4,027 a month. The median rent for the city is $802 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Moncks Corner, a household making less than $2,673 a month would be considered overburdened when renting an apartment at or above the median rent. 35.87% of households who rent are overburdened in Moncks Corner.

Area Median Income In Moncks Corner

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 Moncks Corner, the AMI is calculated from all households within Berkeley County.

In Moncks Corner, HUD calculates the Area Median Income for a family of four as $96,400

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 Moncks Corner

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 Moncks Corner

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 Moncks Corner AMI may qualify for rental assistance programs that target Extremely Low Income households.
$19,300 $22,050 $24,800 $27,750 $32,470 $37,190 $41,910 $46,630
50% AMI Income Limits
Renters earning up to 50% of the Moncks Corner AMI may qualify for rental assistance programs that target Very Low Income households.
$32,150 $36,750 $41,350 $45,900 $49,600 $53,250 $56,950 $60,600
80% AMI Income Limits
Renters earning up to 80% of the Moncks Corner AMI may qualify for rental assistance programs that target Low Income households.
$51,450 $58,800 $66,150 $73,450 $79,350 $85,250 $91,100 $97,000