Low Income Apartments In Tega Cay
There are 0 low income housing apartment complexes which contain 0 affordable apartments for rent in Tega Cay, South Carolina. Many of these rental apartments are income based housing with about 0 apartments that set rent based on your income. Often referred to as "HUD apartments", there are 0 Project-Based Section 8 subsidized apartments in Tega Cay. There are 0 other low income apartments that don't have rental assistance but are still considered to be affordable housing for low income families.
Housing Authorities that serve Tega Cay
|Housing Authority of Fort Mill||Section 8 Housing Choice Voucher; Public Housing|
Guide To Affordable Housing in Tega Cay, South Carolina
Tega Cay, SC Affordable Housing Snapshot
|Total Affordable Apartment Properties||0|
|Total Low Income Apartments||0|
|Total Rent Assisted Apartments||0|
|Percentage of Housing Units Occupied By Renters||7.11%|
|Average Renter Household Size||2.41|
|Average Household Size||2.90|
|Median Household Income||$119,250 ±$15,209|
|Median Rent||$1,359 ±$459|
|Percentage Of Renters Overburdened||8.06% ± 18.55pp|
Population and Household Demographics
Tega Cay is a City in York County, South Carolina with a population of 8,609. There are 2,969 households in the city with an average household size of 2.90 persons. 7.11% of households in Tega Cay are renters.
Income and Rent Overburden in Tega Cay
The median gross income for households in Tega Cay is $119,250 a year, or $9,938 a month. The median rent for the city is $1,359 a month.
Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Tega Cay, a household making less than $4,530 a month would be considered overburdened when renting an apartment at or above the median rent. 8.06% of households who rent are overburdened in Tega Cay.1
Fair Market Rents in Tega Cay
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.
2019 Fair Market Rents
|Studio||One BR||Two BR||Three BR||Four BR|