Affordable Housing In Richland County
South Carolina

87 Low Income Apartment Communities In Richland County

Colony Apartments

3545 W Beltline Blvd
Columbia, SC
Income Based
2 BR
Subsidized

Carriage House of Columbia Apartments

110 Amsterdam Dr
Columbia, SC
Call For Rent
1-3 BR
Subsidized

Grand Street Apartments

4301 Grand St
Columbia, SC
$530-570
2 BR
HCV Welcome

Austin Woods

7648 Garners Ferry Road
Columbia, SC
$651
Studio-3 BR
HCV Welcome

Woods Edge Apartments

109 Hillpine Road
Columbia, SC
Call For Rent
1 BR
Subsidized

River Oaks Apartments

5324 Bush River Rd
Columbia, SC
Call For Rent
1-3 BR
Subsidized

Gable Oaks

901 Colleton St
Columbia, SC
Call For Rent
1-3 BR
Subsidized

Prescott Manor Apartments

1601 Prescott Road
Columbia, SC
Subsidized

Richland Village Apartments

1234 Universal Drive
Columbia, SC
Subsidized

Pinehaven Villas Apartments

1400 Trinity Dr
Columbia, SC
Subsidized

Housing Authorities that serve Richland County

Housing Authority Programs
Columbia Housing Authority Section 8 Housing Choice Voucher (HCV); Public Housing

Other Housing Authorities located in Richland County

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

Guide To Affordable Housing in Richland County, South Carolina

There are 87 low income housing apartment communities offering 7,754 affordable apartments for rent in Richland County, South Carolina. Richland County features 5,087 low income apartments with rental assistance where households typically pay no more than 30% of their income towards rent. Additionally, there are 2,667 other low income apartments that don't provide direct rental assistance but remain affordable to low income households in Richland County.

Sourced from federal housing data and AffordableHousingOnline.com research.

Richland County, SC Affordable Housing Snapshot

Total Affordable Apartment Properties 87
Total Low Income Apartments 7,754
Total Housing Units with Rental Assistance 5,087
Percentage of Housing Units Occupied By Renters 40.74%
Average Renter Household Size 2.46
Average Household Size 2.53
Median Household Income $49,131 ±$1,255
Median Rent $875 ±$10
Percentage Of Renters Overburdened 50.36% ± 1.73pp
Total Population 397,899

Population and Household Demographics

Richland County is a County in South Carolina with a population of 397,899. There are 145,069 households in the county with an average household size of 2.53 persons. 40.74% of households in Richland County are renters.

Income and Rent Overburden in Richland County

The median gross income for households in Richland County is $49,131 a year, or $4,094 a month. The median rent for the county is $875 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Richland County, a household making less than $2,917 a month would be considered overburdened when renting an apartment at or above the median rent. 50.36% of households who rent are overburdened in Richland County.1

Area Median Income In Richland County

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.

In Richland County, HUD calculates the Area Median Income for a family of four as $68,900

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 Richland County

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 Richland County HUD Rental Assistance in Richland County

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $14,500 $16,910 $21,330 $25,750 $30,170 $34,590 $39,010 $43,430
50% of Median $24,150 $27,600 $31,050 $34,450 $37,250 $40,000 $42,750 $45,500
80% of Median $38,600 $44,100 $49,600 $55,100 $59,550 $63,950 $68,350 $72,750

If your income is less than 60% of the Area Median Income (AMI), you should not expect to pay more than the rent value for a unit in the table below. However, Affordable apartment communities that receive funding through the Low Income Housing Tax Credit program may have rental units that are not subject to income and rent limits.

Rent limits for the LIHTC Program are determined so that a household making the maximum income for the expected household size of the unit would only pay 30% of their income for rent.

Income Qualifications for Low Income Housing Tax Credit Apartments in Richland County

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
50% of Median $24,150 $27,600 $31,050 $34,450 $37,250 $40,000 $42,750 $45,500
60% of Median $28,980 $33,120 $37,260 $41,340 $44,700 $48,000 $51,300 $54,600

For example, the expected household size for a two bedroom apartment is 3 people. Using the table above, the maximum income for a 3 person household at 60% of the AMI in Richland County is $37,260 a year, or $3,105 a month. To determine the maximum rent in the table below we multiply the monthly maximum income, $3,105 by 30% to get a maximum rent of $932 a month.

Rent for units in the LIHTC Program include a utility allowance which is determined by the average monthly cost of utilities paid directly by residents. This allowance has not been subtracted from the rents in the table below. These utility allowances are set on a property by property basis.

% of AMI Studio 1 Bed 2 Bed 3 Bed 4 Bed 5 Bed
50% $604 $647 $776 $896 $1,000 $1,103
60% $725 $776 $932 $1,076 $1,200 $1,324
Fair Market Rents in Richland County

Fair Market Rents, often abbreviated as FMR, can be used to better understand the average housing costs of an area. Notably, Fair Market Rents are used to establish the payment standards for the Housing Choice Voucher Program, maximum rents in HOME financed rental projects and initial rents for Section 8 project based assistance.

2020 Fair Market Rents
Studio One BR Two BR Three BR Four BR
$706 $818 $931 $1,204 $1,491

Cities In Richland County

Select A City to View its Apartment Communities and Waiting Lists.

City Listings Served By
Columbia 86 The HUD funded Public Housing Agency that serves Columbia is the Columbia Housing Authority.
Eastover 1 The HUD funded Public Housing Agency that serves Eastover is the Columbia Housing Authority.
Arcadia Lakes 0 The HUD funded Public Housing Agency that serves Arcadia Lakes is the Columbia Housing Authority.
Dentsville 0 The HUD funded Public Housing Agency that serves Dentsville is the Columbia Housing Authority.
Forest Acres 0 The HUD funded Public Housing Agency that serves Forest Acres is the Columbia Housing Authority.
Gadsden 0 The HUD funded Public Housing Agency that serves Gadsden is the Columbia Housing Authority.
Hopkins 0 The HUD funded Public Housing Agency that serves Hopkins is the Columbia Housing Authority.
Lake Murray of Richland 0 The HUD funded Public Housing Agency that serves Lake Murray of Richland is the Columbia Housing Authority.
St. Andrews 0 The HUD funded Public Housing Agency that serves St. Andrews is the Columbia Housing Authority.
Woodfield 0 The HUD funded Public Housing Agency that serves Woodfield is the Columbia Housing Authority.