Low Income Apartments and Affordable Housing For Rent in Lancaster, SC (2024)

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Discover affordable housing in Lancaster where there are 24+ housing opportunities based on income and household needs like accessible units for seniors or persons with disabilities. Find and apply to these low income apartments now.

Millers Ridge Apartments

1000 Millers Ridge Ln, Lancaster, South Carolina 29720

bed2-3

payment$675-850/mo.

switch_access_shortcutShort Wait

real_estate_agentAccepts Vouchers

accessibilityAccessible

Cottages at Azalea

100 Pondridge Lane, Lancaster, South Carolina 29720

bed1-3

payment$425-568/mo.

switch_access_shortcutShort Wait

accessibilityAccessible

Knolwood Apartments

265 Knolwood Apartments Drive, Lancaster, South Carolina 29720

bed1-2

switch_access_shortcutShort Wait

accessibilityAccessible

Old Hickory Apartments

1005 Hickory Hill Dr, Lancaster, South Carolina 29720

bed1-2

switch_access_shortcutShort Wait

paymentSubsidized

real_estate_agentAccepts Vouchers

Northwest Apartments

3058 Northwest Apartments Dr, Lancaster, South Carolina 29720

bed1-3

switch_access_shortcutShort Wait

real_estate_agentAccepts Vouchers

Chesterfield Villas of Lancaster

411 Chesterfield Ave, Lancaster, South Carolina 29720

bed1

How To Identify Affordable Housing in Lancaster, South Carolina

Look for program and preference badges on affordable apartment listings. These badges can help you identify the types of low income housing each apartment offers and if you may be eligbile for rental assistance or reduced rents.

Badge	Description
switch_access_shortcutShort Wait	Low income apartments with no or short waiting lists.
paymentSubsidized	Low income housing where the rent is subsidized and the renter pays only a portion of total rent.
real_estate_agentAccepts Vouchers	Apartments that accept Section 8 vouchers near you
elderlySenior	Rental housing for seniors who are 55 (or sometimes 62) and older.
paymentIncome Based	Affordable apartments where the rent paid is based on renter income.
accessibilityAccessible	Meets Accessibilty Requirements of the Fair Housing Act, the ADA, or HUD policy.
accessible_forwardDisability	Apartments for individuals or families with disabilities.
real_estate_agentNaturally Affordable	Naturally Occuring Affordable Housing - or NOAH - is any housing unit that offers affordable rent without participating in a rent subsidy program.

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The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment InLancaster, South Carolina

$19.43/hour

$12.18

(+168%) more thanSouth Carolina minimum wage and

$12.18

(+168%) more than the Federal minimum wage.

Learn More About Lancaster, South Carolina AffordableHousing ↓

What HUD offices serve Lancaster, South Carolina?

Public Housing Agencies operate federally assisted affordable housing programs atlocal levels on behalf of HUD. Notably, housing agencies are responsible for managing Section 8Housing Choice Voucher, Public Housing, and Project-Based Voucher waiting lists within theirjurisdiction.

Housing Authority of Lancaster

Operates the Section 8 Housing Choice Voucher (HCV), Public Housing, Family Self-Sufficiency programs for Lancaster, South Carolina.

Go to theSouth CarolinaPublic Housing and Low-Income Apartments Waiting Lists page for openings near Lancaster.

How many renters live in Lancaster, South Carolina?

The City of Lancaster haspeople living in households.

There are renters living inrenter households in thisCity. Renters make up 52.79percent of the population living in Lancaster.

What is the rental market like in Lancaster, South Carolina?

There are an estimated housing units in theLancaster area. Of these, units are rentalhomes, making up percent of the housing market. Forevery renter household in Lancaster, South Carolina, there are1.06 rental units.

What is the vacancy rate for rentals in Lancaster?

The rental vacancy rate in Lancaster is 3 percent.This is alower than averagevacancy rate.When rental vacancy rates are low there are fewer available units. Rents tend to be higher as morepeoplecompete for scarce housing.

How many rental units are in Lancaster for each bedroom size?

Occupied Rental Units by Size in Lancaster

Studio	One-Bedroom	Two-Bedroom	Three-Bedroom	Four+ Bedrooms
27	166	1,011	471	196

Occupied Rental Units by Size in Lancaster

A large number of apartments in Lancaster have two or fewer bedrooms. Seniors and youngprofessionalsespecially may have more success finding an apartment that meets their needs.

How Much Is Rent in Lancaster

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - rangesfrom $785 to $1,518. FMRs areupdated annually by HUD for every city and county nationwide.

Bed Size	2024 Fair Market Rents
Studio	$785
One BR	$790
Two BR	$1,026
Three BR	$1,360
Four BR	$1,518

2024 Fair Market Rents in Lancaster, South Carolina

How many units are rented at Fair Market Rent (FMR) in Lancaster?

Renters with a Section 8 Housing Choice Voucher must select a home that is at or below the area’s FairMarket Rent. Markets with a large share of units above FMR tend to have longer search times to find aqualified unit, while those with a large share of units below FMR tend to have more choices and shortersearch times. The share below FMR can vary by size of unit, as shown in the table below.

These are the approximate number of units renting below the FMR in this market:

Unit Size	Count of Units Below FMR	Percentage of Total Units Below FMR
Studio	27	100 percent
One BR	142	86 percent
Two BR	830	82 percent

Rental Units Below FMR in Lancaster, South Carolina

How many affordable rental units are in Lancaster?

There are a variety of federal affordable housing programs serving households inLancaster, South Carolina including the following:

Federal Program	Unit Count
Low Income Housing Tax Credit
Public Housing
Section 8 Project-Based Rental Assistance
USDA Section 515 Rural Rental Housing

Tracked Units by Federal Program in Lancaster, South Carolina

Rental units may be funded in part by multiple federal programs.

Income Based Apartments in Lancaster, South Carolina

Lancaster features 583 income based apartments.Tenants of income based apartments typically pay no more than 30% of their income towards rent andutilities.

Low Rent Apartments in Lancaster, South Carolina

There are 269 rent subsidized apartments that do notprovide direct rental assistance but remain affordable to low income households in Lancaster.

Housing Choice Vouchers in Lancaster, South Carolina

On average, Section 8 Housing Choice vouchers pay Lancaster landlords$500 per month towards rent. The average voucher holdercontributes $300 towards rent inLancaster.

The maximum amount a voucher would pay on behalf of a low-income tenant in Lancaster, South Carolina fora two-bedroom apartment is between $923 and $1,129.

Sourced from federal housing data and AffordableHousingOnline.comresearch.

Affordable Housing Tip

Even if it looks difficult to get housing, apply anyway.

Some factors make it look like a longshot to get housing. Any waiting list opening is a legitimate chance to get housing, no mattter how long it takes.

What Renters Say About Us

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"This website makes it easier to wade through all the housing options. Thank you Affordable Housing Online!"