Walterboro, South Carolina Affordable Housing

Affordable Housing programs support 388 income based apartments in Walterboro where households pay rent based on how much they earn.

There are 142 affordable apartments in Walterboro that offer reduced rents to low-income households.

Waiting Lists in Walterboro, South Carolina

There are no open Section 8 Housing Choice Voucher waiting lists in Walterboro. Go to the South Carolina Section 8 Waiting Lists page for openings near Walterboro.

Walterboro Village Apartments

601 Greenpond Hwy
Walterboro, South Carolina
$723-1,086
1-4 BR
Rent Assisted

Magnolia Village

450 Spruce Street
Walterboro, South Carolina
Call For Rent
1 BR
Accessible
62+
Affordable

Bay Meadows Apartments

200 Dorsey Street
Walterboro, South Carolina
Rent Assisted

Druid Hills II Apartments

189 Beach Rd
Walterboro, South Carolina
Rent Assisted

Lincoln Apartments

404 Witsell St
Walterboro, South Carolina
Rent Assisted

Hillcrest Apartments

518 Sniders Hwy
Walterboro, South Carolina
Rent Assisted

Colleton Heights ( Aka Druid Hills I )

300 Sniders Hwy
Walterboro, South Carolina
Rent Assisted

Meadow Creek Apartments

156 Kimbrell St
Walterboro, South Carolina
Affordable

Edisto Terrace Apartments

180 Mabel T Willis Blvd
Walterboro, South Carolina
Affordable

Cambridge Pointe

116 Neyle St
Walterboro, South Carolina
Affordable
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Public Housing Agencies Serving Walterboro, 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.

Housing Authority Programs
South Carolina State Housing Finance and Development Authority Section 8 Housing Choice Voucher (HCV); Homeownership Voucher
Go to the South Carolina Public Housing and Low-Income Apartments Waiting Lists page for openings near Walterboro.

Walterboro, South Carolina Affordable Housing Data

Income Based Apartments in Walterboro, South Carolina

Walterboro features 388 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 Walterboro, South Carolina

There are 142 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Walterboro.

Housing Choice Vouchers in Walterboro, South Carolina

On average, Section 8 Housing Choice vouchers pay Walterboro landlords $600 per month towards rent. The average voucher holder contributes $300 towards rent in Walterboro.

The maximum amount a voucher would pay on behalf of a low-income tenant in Walterboro, South Carolina for a two-bedroom apartment is between $707 and $864.

2023 Walterboro, 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
Walterboro, South Carolina Fair Market Rent $648 $695 $785 $957 $1,146
Walterboro, South Carolina Payment Standard Range $583 to $713 $626 to $765 $707 to $864 $861 to $1,053 $1,031 to $1,261

Sourced from federal housing data and AffordableHousingOnline.com research.

Walterboro, SC Affordable Housing Snapshot

Total Affordable Apartment Properties 10
Total Low Income Apartments 530
Total Housing Units with Rental Assistance 388
Percentage of Housing Units Occupied By Renters 51.02%
Average Renter Household Size 2.31
Average Household Size 2.28
Median Household Income $22,500 ±$5,968
Median Rent $665 ±$98
Percentage Of Renters Overburdened 58.18% ± 15.19pp
Total Population 5,312

Population and Household Demographics

Walterboro is a city in Colleton County, South Carolina with a population of 5,312. There are 2,264 households in the city with an average household size of 2.28 persons. 51.02% of households in Walterboro are renters.

Income and Rent Overburden in Walterboro

The median gross income for households in Walterboro is $22,500 a year, or $1,875 a month. The median rent for the city is $665 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Walterboro, a household making less than $2,217 a month would be considered overburdened when renting an apartment at or above the median rent. 58.18% of households who rent are overburdened in Walterboro.

Area Median Income In Walterboro

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 Walterboro, the AMI is calculated from all households within Colleton County.

In Walterboro, HUD calculates the Area Median Income for a family of four as $48,800

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 Walterboro

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 Walterboro

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 Walterboro AMI may qualify for rental assistance programs that target Extremely Low Income households.
$13,590 $18,310 $23,030 $27,750 $31,800 $34,150 $36,500 $38,850
50% AMI Income Limits
Renters earning up to 50% of the Walterboro AMI may qualify for rental assistance programs that target Very Low Income households.
$20,600 $23,550 $26,500 $29,400 $31,800 $34,150 $36,500 $38,850
80% AMI Income Limits
Renters earning up to 80% of the Walterboro AMI may qualify for rental assistance programs that target Low Income households.
$32,950 $37,650 $42,350 $47,050 $50,850 $54,600 $58,350 $62,150