Low Income Apartments and Affordable Housing For Rent in Mount Pleasant, SC

Discover affordable housing in Mount Pleasant where there are 3+ 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.

1243 Chatfield St

1243 Chatfield St, Mount Pleasant, South Carolina 29464

bed 4
payment $1400/mo.

1111 McKnight Rd

1111 McKnight Rd, Mount Pleasant, South Carolina 29466

bed Studio
payment $1000/mo.

1111 McKnight Rd

1111 McKnight Rd, Mount Pleasant, South Carolina 29466

bed Studio
payment $1000/mo.

How To Identify Affordable Housing in Mount Pleasant, South Carolina

Look for program and preference badges on affordable apartment listings. These badges can help you identify the types of low income housing each apartment offers and if you may be eligbile for rental assistance or reduced rents.

Badge Description
switch_access_shortcut Short Wait
Low income apartments with no or short waiting lists.
payment Subsidized
Low income housing where the rent is subsidized and the renter pays only a portion of total rent.
real_estate_agent Accepts Vouchers
Apartments that accept Section 8 vouchers near you
elderly Senior
Rental housing for seniors who are 55 (or sometimes 62) and older.
payment Income Based
Affordable apartments where the rent paid is based on renter income.
accessibility Accessible
Meets Accessibilty Requirements of the Fair Housing Act, the ADA, or HUD policy.
accessible_forward Disability
Apartments for individuals or families with disabilities.
real_estate_agent Naturally Affordable
Naturally Occuring Affordable Housing - or NOAH - is any housing unit that offers affordable rent without participating in a rent subsidy program.
The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Mount Pleasant, South Carolina
$30.28/hour
$23.03 (+318%) more than South Carolina minimum wage and $23.03 (+318%) more than the Federal minimum wage.
Learn More About Mount Pleasant, South Carolina Affordable Housing ↓

What HUD offices serve Mount Pleasant, 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, Family Self-Sufficiency programs for Mount Pleasant, South Carolina.

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

How many renters live in Mount Pleasant, South Carolina?

The City of Mount Pleasant has people living in households.

There are renters living in renter households in this City. Renters make up 20.7 percent of the population living in Mount Pleasant.

What is the rental market like in Mount Pleasant, South Carolina?

There are an estimated housing units in the Mount Pleasant area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Mount Pleasant, South Carolina, there are 1.13 rental units.

What is the vacancy rate for rentals in Mount Pleasant?

The rental vacancy rate in Mount Pleasant is 11 percent. This is a higher than average vacancy rate. When rental vacancy rates are high it means that there are a lot of available units and rents tend to be lower.

How many rental units are in Mount Pleasant for each bedroom size?

Occupied Rental Units by Size in Mount Pleasant
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
418 2,109 3,985 3,521 411
Occupied Rental Units by Size in Mount Pleasant

A large number of apartments in Mount Pleasant have two or fewer bedrooms. Seniors and young professionals especially may have more success finding an apartment that meets their needs.

How Much Is Rent in Mount Pleasant

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $1,386 to $2,402. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $1,386
One BR $1,424
Two BR $1,599
Three BR $1,979
Four BR $2,402
2024 Fair Market Rents in Mount Pleasant, South Carolina

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

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 121 29 percent
One BR 686 33 percent
Two BR 632 16 percent
Rental Units Below FMR in Mount Pleasant, South Carolina

How many affordable rental units are in Mount Pleasant?

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

Federal Program Unit Count
Public Housing
Section 202 Supportive Housing for the Elderly
Tracked Units by Federal Program in Mount Pleasant, South Carolina

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

Income Based Apartments in Mount Pleasant, South Carolina

Mount Pleasant features 0 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 Mount Pleasant, South Carolina

There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Mount Pleasant.

Housing Choice Vouchers in Mount Pleasant, South Carolina

On average, Section 8 Housing Choice vouchers pay Mount Pleasant landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Mount Pleasant.

The maximum amount a voucher would pay on behalf of a low-income tenant in Mount Pleasant, South Carolina for a two-bedroom apartment is between $1,439 and $1,759.

Sourced from federal housing data and AffordableHousingOnline.com research.

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