Affordable Housing In Springdale
Lancaster County, South Carolina

Guide To Affordable Housing in Springdale, South Carolina

There are 0 low income housing apartment communities offering 0 affordable apartments for rent in Springdale, South Carolina.

Income Based Apartments in Springdale, South Carolina

Springdale 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 Springdale, South Carolina

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

Housing Choice Vouchers in Springdale, South Carolina

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Springdale, South Carolina for a two-bedroom apartment is between $744 and $910.

2021 Springdale, 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
Springdale, South Carolina Fair Market Rent $623 $628 $827 $1,074 $1,144
Springdale, South Carolina Payment Standard Range $561 to $685 $565 to $691 $744 to $910 $967 to $1,181 $1,030 to $1,258

Sourced from federal housing data and research.

Springdale, SC Affordable Housing Snapshot

Total Affordable Apartment Properties 0
Total Low Income Apartments 0
Total Housing Units with Rental Assistance 0
Percentage of Housing Units Occupied By Renters 39.97%
Average Renter Household Size 3.15
Average Household Size 2.95
Median Household Income $31,389 ±$14,243
Median Rent $609 ±$80
Percentage Of Renters Overburdened 50.17% ± 20.51pp
Total Population 2,151

Population and Household Demographics

Springdale is a city in Lancaster County, South Carolina with a population of 2,151. There are 728 households in the city with an average household size of 2.95 persons. 39.97% of households in Springdale are renters.

Income and Rent Overburden in Springdale

The median gross income for households in Springdale is $31,389 a year, or $2,616 a month. The median rent for the city is $609 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Springdale, a household making less than $2,030 a month would be considered overburdened when renting an apartment at or above the median rent. 50.17% of households who rent are overburdened in Springdale.

Area Median Income In Springdale

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 Springdale, the AMI is calculated from all households within Lancaster County.

In Springdale, HUD calculates the Area Median Income for a family of four as $73,300

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 Springdale

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 Springdale

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 Springdale AMI may qualify for rental assistance programs that target Extremely Low Income households.
$14,850 $17,420 $21,960 $26,500 $31,040 $35,580 $40,120 $44,660
50% AMI Income Limits
Renters earning up to 50% of the Springdale AMI may qualify for rental assistance programs that target Very Low Income households.
$24,750 $28,250 $31,800 $35,300 $38,150 $40,950 $43,800 $46,600
80% AMI Income Limits
Renters earning up to 80% of the Springdale AMI may qualify for rental assistance programs that target Low Income households.
$39,550 $45,200 $50,850 $56,500 $61,050 $65,550 $70,100 $74,600