Wedgefield, South Carolina Affordable Housing

Affordable Housing programs support 216 income based apartments in Wedgefield where households pay rent based on how much they earn.

There are 0 affordable apartments in Wedgefield that offer reduced rents to low-income households.

Waiting Lists in Wedgefield, South Carolina

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

South Forge Apartments

230 Highway 261 S
Wedgefield, South Carolina
Rent Assisted
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Affordable Housing Near Wedgefield

View affordable apartments and waiting lists in cities near Wedgefield

City Apartments
Sumter, SC Affordable Housing programs support 32 apartment communities in Sumter.

Public Housing Agencies Serving Wedgefield, 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
Sumter Housing Authority Section 8 Housing Choice Voucher (HCV); Public Housing
Go to the South Carolina Public Housing and Low-Income Apartments Waiting Lists page for openings near Wedgefield.

Wedgefield, South Carolina Affordable Housing Data

Income Based Apartments in Wedgefield, South Carolina

Wedgefield features 216 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 Wedgefield, South Carolina

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

Housing Choice Vouchers in Wedgefield, South Carolina

On average, Section 8 Housing Choice vouchers pay Wedgefield landlords $400 per month towards rent. The average voucher holder contributes $200 towards rent in Wedgefield.

The maximum amount a voucher would pay on behalf of a low-income tenant in Wedgefield, South Carolina for a two-bedroom apartment is between $884 and $1,080.

2023 Wedgefield, 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
Wedgefield, South Carolina Fair Market Rent $657 $803 $982 $1,195 $1,343
Wedgefield, South Carolina Payment Standard Range $591 to $723 $723 to $883 $884 to $1,080 $1,076 to $1,315 $1,209 to $1,477

Sourced from federal housing data and AffordableHousingOnline.com research.

Wedgefield, SC Affordable Housing Snapshot

Total Affordable Apartment Properties 1
Total Low Income Apartments 216
Total Housing Units with Rental Assistance 216
Percentage of Housing Units Occupied By Renters 20.1%
Average Renter Household Size 2.18
Average Household Size 2.54
Median Household Income $35,114 ±$13,093
Median Rent $757 ±$59
Percentage Of Renters Overburdened 39.02% ± 31.12pp
Total Population 1,553

Population and Household Demographics

Wedgefield is a city in Sumter County, South Carolina with a population of 1,553. There are 612 households in the city with an average household size of 2.54 persons. 20.1% of households in Wedgefield are renters.

Income and Rent Overburden in Wedgefield

The median gross income for households in Wedgefield is $35,114 a year, or $2,926 a month. The median rent for the city is $757 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Wedgefield, a household making less than $2,523 a month would be considered overburdened when renting an apartment at or above the median rent. 39.02% of households who rent are overburdened in Wedgefield.

Area Median Income In Wedgefield

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 Wedgefield, the AMI is calculated from all households within Sumter County.

In Wedgefield, HUD calculates the Area Median Income for a family of four as $63,000

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 Wedgefield

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 Wedgefield

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30% AMI Income Limits
Renters earning up to 30% of the Wedgefield AMI may qualify for rental assistance programs that target Extremely Low Income households.
$13,590 $18,310 $23,030 $27,750 $32,470 $35,250 $37,650 $40,100
50% AMI Income Limits
Renters earning up to 50% of the Wedgefield AMI may qualify for rental assistance programs that target Very Low Income households.
$21,250 $24,300 $27,350 $30,350 $32,800 $35,250 $37,650 $40,100
80% AMI Income Limits
Renters earning up to 80% of the Wedgefield AMI may qualify for rental assistance programs that target Low Income households.
$34,000 $38,850 $43,700 $48,550 $52,450 $56,350 $60,250 $64,100