Low Income Apartments and Affordable Housing For Rent in Oconee County, SC

Discover affordable housing in Oconee County where there are 25+ 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.

calendar_today Opens: Apr 15
calendar_today Closes: Apr 30,

Reported On March 4th, 2024 by Ayat Elkarib

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Oconee County, South Carolina
$18.71/hour
$11.46 (+158%) more than South Carolina minimum wage and $11.46 (+158%) more than the Federal minimum wage.
Learn More About Oconee County, South Carolina Affordable Housing ↓

What HUD offices serve Oconee County, 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 programs for Oconee County, South Carolina.

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

How many renters live in Oconee County, South Carolina?

The County of Oconee County has 80,180 people living in 37,516 households.

There are 18,010 renters living in 9,590 renter households in this County. Renters make up 22.46 percent of the population living in Oconee County.

What is the rental market like in Oconee County, South Carolina?

There are an estimated 41,023 housing units in the Oconee County area. Of these, 8,852 units are rental homes, making up 22 percent of the housing market. For every renter household in Oconee County, South Carolina, there are 1 rental units.

What is the vacancy rate for rentals in Oconee County?

The rental vacancy rate in Oconee County 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 Oconee County for each bedroom size?

Occupied Rental Units by Size in Oconee County
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
314 1,175 3,302 2,465 905
Occupied Rental Units by Size in Oconee County

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

Among renter households in this market, 39 percent have housing cost burden. Further, 26 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 Oconee County

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $670 to $1,348. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $670
One BR $752
Two BR $988
Three BR $1,215
Four BR $1,348
2024 Fair Market Rents in Oconee County, South Carolina

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

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 168 54 percent
One BR 625 53 percent
Two BR 2,136 65 percent
Rental Units Below FMR in Oconee County, South Carolina

How many affordable rental units are in Oconee County?

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

Federal Program Unit Count
Low Income Housing Tax Credit 634
Public Housing 224
Section 8 Project-Based Rental Assistance 342
Section 202 Supportive Housing for the Elderly 36
Section 811 Supportive Housing for Persons with Disabilities 12
USDA Section 515 Rural Rental Housing 242
Tracked Units by Federal Program in Oconee County, South Carolina

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

Income Based Apartments in Oconee County, South Carolina

Oconee County features 1,211 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 Oconee County, South Carolina

There are 395 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Oconee County.

Housing Choice Vouchers in Oconee County, South Carolina

On average, Section 8 Housing Choice vouchers pay Oconee County landlords $500 per month towards rent. The average voucher holder contributes $300 towards rent in Oconee County.

The maximum amount a voucher would pay on behalf of a low-income tenant in Oconee County, South Carolina for a two-bedroom apartment is between $889 and $1,087.

Sourced from federal housing data and AffordableHousingOnline.com research.