Low Income Apartments For Rent in Fort Mill, SC

Rental assistance programs support 418 low-income homes in Fort Mill where households pay rent based on how much they earn. For 2024, elgible households participating in federally assisted housing pay an average of $398 towards rent each month.

Affordable rent data for some communities last confirmed on July 2nd, 2024. Subdsidized rents typically change once a year based on federal guidance.

Public Housing Agencies Serving Fort Mill, 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
Housing Authority of Fort Mill	Section 8 Housing Choice Voucher (HCV); Moving to Work

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

Fort Mill, South Carolina Affordable Housing Data

Income Based Apartments in Fort Mill, South Carolina

Fort Mill features 418 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 Fort Mill, South Carolina

There are 328 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Fort Mill.

Housing Choice Vouchers in Fort Mill, South Carolina

On average, Section 8 Housing Choice vouchers pay Fort Mill landlords $700 per month towards rent. The average voucher holder contributes $400 towards rent in Fort Mill.

The maximum amount a voucher would pay on behalf of a low-income tenant in Fort Mill, South Carolina for a two-bedroom apartment is between $1,399 and $1,709.

2024 Fort Mill, 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
Fort Mill, South Carolina Fair Market Rent	$1,347	$1,384	$1,554	$1,936	$2,481
Fort Mill, South Carolina Payment Standard Range	$1,212 to $1,482	$1,246 to $1,522	$1,399 to $1,709	$1,742 to $2,130	$2,233 to $2,729

Sourced from federal housing data and AffordableHousingOnline.com research.

Fort Mill, SC Affordable Housing Snapshot

Total Affordable Apartment Properties 14

Total Low Income Apartments 752

Total Housing Units with Rental Assistance 418

Percentage of Housing Units Occupied By Renters 35.45%

Average Renter Household Size 2.18

Average Household Size 2.53

Median Household Income $61,773 ±$5,956

Median Rent $855 ±$42

Percentage Of Renters Overburdened 49.15% ± 8.63pp

Total Population 12,525

Total Affordable Apartment Properties	14
Total Low Income Apartments	752
Total Housing Units with Rental Assistance	418
Percentage of Housing Units Occupied By Renters	35.45%
Average Renter Household Size	2.18
Average Household Size	2.53
Median Household Income	$61,773 ±$5,956
Median Rent	$855 ±$42
Percentage Of Renters Overburdened	49.15% ± 8.63pp
Total Population	12,525

Population and Household Demographics

Fort Mill is a city in York County, South Carolina with a population of 12,525. There are 4,953 households in the city with an average household size of 2.53 persons. 35.45% of households in Fort Mill are renters.

Income and Rent Overburden in Fort Mill

The median gross income for households in Fort Mill is $61,773 a year, or $5,148 a month. The median rent for the city is $855 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Fort Mill, a household making less than $2,850 a month would be considered overburdened when renting an apartment at or above the median rent. 49.15% of households who rent are overburdened in Fort Mill.

Area Median Income In Fort Mill

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 Fort Mill, the AMI is calculated from all households within York County.

In Fort Mill, HUD calculates the Area Median Income for a family of four as $102,800

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 Fort Mill

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 Fort Mill

	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 Fort Mill AMI may qualify for rental assistance programs that target Extremely Low Income households.	$20,950	$23,950	$26,950	$30,000	$35,140	$40,280	$45,420	$50,560
50% AMI Income Limits Renters earning up to 50% of the Fort Mill AMI may qualify for rental assistance programs that target Very Low Income households.	$34,900	$39,900	$44,900	$49,850	$53,850	$57,850	$61,850	$65,850
80% AMI Income Limits Renters earning up to 80% of the Fort Mill AMI may qualify for rental assistance programs that target Low Income households.	$55,850	$63,800	$71,800	$79,750	$86,150	$92,550	$98,900	$105,300