Apply to Travelers Rest Apartment Waiting Lists
- The McClaren Community, Workforce and Affordable Housing Project-Based is open.
- Century Plaza Project-Based is open.
- Parkside at Butler Project-Based is open.
- The Victor Project-Based is open.
Oakcrest Apartments
Holly Springs Townhomes
Poinsett Commons Apartments
Stone Development, Inc
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There are 296 low-income apartments in Travelers Rest that offer reduced rents to eligible households.
Rental assistance programs support 62 low-income homes in Travelers Rest where households pay rent based on how much they earn. For 2024, elgible households participating in federally assisted housing pay an average of $261 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 Travelers Rest, 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 |
|---|---|
| Greenville Housing Authority | Section 8 Housing Choice Voucher (HCV); Public Housing |
Travelers Rest, South Carolina Affordable Housing Data
Income Based Apartments in Travelers Rest, South Carolina
Travelers Rest features 62 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 Travelers Rest, South Carolina
There are 296 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Travelers Rest.
Housing Choice Vouchers in Travelers Rest, South Carolina
On average, Section 8 Housing Choice vouchers pay Travelers Rest landlords $600 per month towards rent. The average voucher holder contributes $300 towards rent in Travelers Rest.
The maximum amount a voucher would pay on behalf of a low-income tenant in Travelers Rest, South Carolina for a two-bedroom apartment is between $1,085 and $1,327.
2024 Travelers Rest, 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 | |
|---|---|---|---|---|---|
| Travelers Rest, South Carolina Fair Market Rent | $1,032 | $1,074 | $1,206 | $1,500 | $1,797 |
| Travelers Rest, South Carolina Payment Standard Range | $929 to $1,135 | $967 to $1,181 | $1,085 to $1,327 | $1,350 to $1,650 | $1,617 to $1,977 |
Sourced from federal housing data and AffordableHousingOnline.com research.
Travelers Rest, SC Affordable Housing Snapshot
| Total Affordable Apartment Properties | 9 |
|---|---|
| Total Low Income Apartments | 359 |
| Total Housing Units with Rental Assistance | 62 |
| Percentage of Housing Units Occupied By Renters | 41.19% |
| Average Renter Household Size | 2.66 |
| Average Household Size | 2.81 |
| Median Household Income | $52,460 ±$9,453 |
| Median Rent | $708 ±$72 |
| Percentage Of Renters Overburdened | 46.07% ± 23.06pp |
| Total Population | 4,834 |
Population and Household Demographics
Travelers Rest is a city in Greenville County, South Carolina with a population of 4,834. There are 1,697 households in the city with an average household size of 2.81 persons. 41.19% of households in Travelers Rest are renters.
Income and Rent Overburden in Travelers Rest
The median gross income for households in Travelers Rest is $52,460 a year, or $4,372 a month. The median rent for the city is $708 a month.
Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Travelers Rest, a household making less than $2,360 a month would be considered overburdened when renting an apartment at or above the median rent. 46.07% of households who rent are overburdened in Travelers Rest.
Area Median Income In Travelers Rest
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 Travelers Rest, the AMI is calculated from all households within Greenville County.
In Travelers Rest, HUD calculates the Area Median Income for a family of four as $89,000
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 Travelers Rest
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 Travelers Rest
| 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 Travelers Rest AMI may qualify for rental assistance programs that target Extremely Low Income households. |
$18,700 | $21,400 | $24,860 | $30,000 | $35,140 | $40,280 | $45,420 | $50,560 |
| 50% AMI Income Limits Renters earning up to 50% of the Travelers Rest AMI may qualify for rental assistance programs that target Very Low Income households. |
$31,150 | $35,600 | $40,050 | $44,500 | $48,100 | $51,650 | $55,200 | $58,750 |
| 80% AMI Income Limits Renters earning up to 80% of the Travelers Rest AMI may qualify for rental assistance programs that target Low Income households. |
$49,850 | $57,000 | $64,100 | $71,200 | $76,900 | $82,600 | $88,300 | $94,000 |
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