Low Income Apartments and Affordable Housing For Rent in Trenton, SC

Discover affordable housing in Trenton where there are 1+ 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.

Wise Street Apartments

Wise St, Trestle St, Trenton, South Carolina 29847

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 Trenton, South Carolina
$20.83/hour
$13.58 (+187%) more than South Carolina minimum wage and $13.58 (+187%) more than the Federal minimum wage.
Learn More About Trenton, South Carolina Affordable Housing ↓

What HUD offices serve Trenton, 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 Trenton, South Carolina.

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

How many renters live in Trenton, South Carolina?

The City of Trenton has 309 people living in 126 households.

There are 121 renters living in 55 renter households in this City. Renters make up 39.16 percent of the population living in Trenton.

What is the rental market like in Trenton, South Carolina?

There are an estimated 136 housing units in the Trenton area. Of these, 55 units are rental homes, making up 40 percent of the housing market. For every renter household in Trenton, South Carolina, there are 1 rental units.

What is the vacancy rate for rentals in Trenton?

The rental vacancy rate in Trenton is 0 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 Trenton for each bedroom size?

Occupied Rental Units by Size in Trenton
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
0 0 38 17 0
Occupied Rental Units by Size in Trenton

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

Among renter households in this market, 40 percent have housing cost burden. Further, 31 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 Trenton

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $805 to $1,779. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $805
One BR $961
Two BR $1,100
Three BR $1,463
Four BR $1,779
2024 Fair Market Rents in Trenton, South Carolina

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

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
Two BR 33 87 percent
Rental Units Below FMR in Trenton, South Carolina

How many affordable rental units are in Trenton?

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

Federal Program Unit Count
Public Housing 10
Tracked Units by Federal Program in Trenton, South Carolina

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

Income Based Apartments in Trenton, South Carolina

Trenton features 164 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 Trenton, South Carolina

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

Housing Choice Vouchers in Trenton, South Carolina

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Trenton, South Carolina for a two-bedroom apartment is between $990 and $1,210.

Sourced from federal housing data and AffordableHousingOnline.com research.