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Meadowbrook Apartments
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Hilltop Apartments
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Colony Square Apartments
Tallwood Apartments
Belle Ville Apartments
There are 289 low-income apartments in Laurens County that offer reduced rents to eligible households. Low-income rents in Laurens County, South Carolina can range from $486 to $689 depending on the number of bedrooms.
Rental assistance programs support 1,123 low-income homes in Laurens County where households pay rent based on how much they earn. For 2024, elgible households participating in federally assisted housing pay an average of $263 towards rent each month.
Affordable rent data for some communities last confirmed on June 25th, 2024. Subdsidized rents typically change once a year based on federal guidance.
Public Housing Agencies Serving Laurens County, 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 Regional Housing Authority No. 1 | Section 8 Housing Choice Voucher (HCV); Public Housing |
Laurens County, South Carolina Affordable Housing Data
Income Based Apartments in Laurens County, South Carolina
Laurens County features 1,123 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 Laurens County, South Carolina
There are 289 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Laurens County.
Housing Choice Vouchers in Laurens County, South Carolina
On average, Section 8 Housing Choice vouchers pay Laurens County landlords $500 per month towards rent. The average voucher holder contributes $300 towards rent in Laurens County.
The maximum amount a voucher would pay on behalf of a low-income tenant in Laurens County, South Carolina for a two-bedroom apartment is between $895 and $1,093.
2024 Laurens County, 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 | |
|---|---|---|---|---|---|
| Laurens County, South Carolina Fair Market Rent | $752 | $757 | $994 | $1,202 | $1,330 |
| Laurens County, South Carolina Payment Standard Range | $677 to $827 | $681 to $833 | $895 to $1,093 | $1,082 to $1,322 | $1,197 to $1,463 |
Sourced from federal housing data and AffordableHousingOnline.com research.
Laurens County, SC Affordable Housing Snapshot
| Total Affordable Apartment Properties | 37 |
|---|---|
| Total Low Income Apartments | 1,422 |
| Total Housing Units with Rental Assistance | 1,123 |
| Percentage of Housing Units Occupied By Renters | 28.45% |
| Average Renter Household Size | 2.57 |
| Average Household Size | 2.54 |
| Median Household Income | $38,515 ±$1,958 |
| Median Rent | $654 ±$40 |
| Percentage Of Renters Overburdened | 40.47% ± 4.92pp |
| Total Population | 66,389 |
Population and Household Demographics
Laurens County is a county in South Carolina with a population of 66,389. There are 25,160 households in the county with an average household size of 2.54 persons. 28.45% of households in Laurens County are renters.
Income and Rent Overburden in Laurens County
The median gross income for households in Laurens County is $38,515 a year, or $3,210 a month. The median rent for the county is $654 a month.
Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Laurens County, a household making less than $2,180 a month would be considered overburdened when renting an apartment at or above the median rent. 40.47% of households who rent are overburdened in Laurens County.
Area Median Income In Laurens County
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.
In Laurens County, HUD calculates the Area Median Income for a family of four as $82,300
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 Laurens County
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 Laurens County
| 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 Laurens County AMI may qualify for rental assistance programs that target Extremely Low Income households. |
$14,580 | $19,720 | $24,860 | $30,000 | $34,250 | $36,800 | $39,350 | $41,850 |
| 50% AMI Income Limits Renters earning up to 50% of the Laurens County AMI may qualify for rental assistance programs that target Very Low Income households. |
$22,200 | $25,400 | $28,550 | $31,700 | $34,250 | $36,800 | $39,350 | $41,850 |
| 80% AMI Income Limits Renters earning up to 80% of the Laurens County AMI may qualify for rental assistance programs that target Low Income households. |
$35,500 | $40,600 | $45,650 | $50,700 | $54,800 | $58,850 | $62,900 | $66,950 |
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