South Carolina232780140890severe shortage5884250.4291129390118043796
share of renter households
share of low-income households
share of cost-burdened renter households
Renter population data
Renters vs homeowners
Households by tenure
Households
% share
Renter households
Homeowner households
Total households
Low-income renter households
Renter households by income group
Households
% share
Extremely low-income
≤30% AMI
Very low-income
>30-50% AMI
Low-income
>50-80% AMI
All low-income households
≤80% AMI
Cost-burdened renter households
Share of income spent on housing
Households
% share
Moderately cost-burdened
Severely cost-burdened
All cost-burdened households
Households are cost-burdened when they spend more than 30% of their income on housing costs (rent plus utilities). Those spending more than 50% are severely cost-burdened.
Affordable housing shortage
Rent and income (2024)
Rent & income
Amount ($)
Median household income
Median renter household income
Median monthly rent
Rent as share of renter income
Income needed to afford median rent
Affordable housing stock
Supply, demand & shortage
Units
Supply (current stock)
Demand (total units needed)
Shortage
total shortage
supply/demand ratio
Availability of affordable rental units per 100 households
Finance institutions
South Carolina State Housing Finance and Development Authority
South Carolina State Housing Finance and Development Authority
The QAP is a document that states, and a few local agencies, must develop in order to distribute federal Low Income Housing Tax Credits (LIHTCs), which can be awarded only to a building that fits the QAP’s priorities and criteria. Each QAP must spell out a housing finance agency’s (HFA’s) priorities and specify the criteria it will use to select projects competing for tax credits. The priorities must be appropriate to local conditions.
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