About This Property
Olde South Terrace comprises 48 low-income rental units in Aiken, South Carolina, with a mix of twelve 2-bedroom and thirty-six 3-bedroom apartments. The property was placed in service in 2010 and utilizes 9% Low-Income Housing Tax Credit financing. This development serves households at or below 60% of area median income.
Waitlist Information
Waitlist managed by Housing Authority of Aiken
Applications are accepted on the 3rd Tuesday of the month from 8:00 am to 4:00 pm. Applications will be mailed to the disabled and elderly. The application process involves an initial preapplication to determine placement on the waiting list, followed by a full application when nearing the top of the list.
The Housing Authority of the City of Aiken administers a total of 875 vouchers. Vouchers become available when a client leaves the program or is terminated. The AHA jurisdiction consists of Aiken County only. A voucher holder must reside in a unit for a minimum of one year to move within or outside of the AHA jurisdiction.
Waitlist data provided by section8waitlist.org
Updated May 8, 2026
Property Details
Fair Market Rent - Aiken County, SC
FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.
| Bedrooms | FMR |
|---|---|
| Studio/Efficiency | $805 |
| 1 Bedroom | $961 |
| 2 Bedroom | $1,100 |
| 3 Bedroom | $1,463 |
| 4 Bedroom | $1,779 |
Income Limits - Aiken County, SC
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $14,550
- Very Low (50%)
- $24,200
- Low (80%)
- $38,750
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $27,650
- Low (80%)
- $44,250
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $31,100
- Low (80%)
- $49,800
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $34,550
- Low (80%)
- $55,300
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $37,350
- Low (80%)
- $59,750
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $40,100
- Low (80%)
- $64,150
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $42,850
- Low (80%)
- $68,600
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $45,650
- Low (80%)
- $73,000
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $14,550 | $24,200 | $38,750 |
| 2 Persons | $17,420 | $27,650 | $44,250 |
| 3 Persons | $21,960 | $31,100 | $49,800 |
| 4 Persons | $26,500 | $34,550 | $55,300 |
| 5 Persons | $31,040 | $37,350 | $59,750 |
| 6 Persons | $35,580 | $40,100 | $64,150 |
| 7 Persons | $40,120 | $42,850 | $68,600 |
| 8 Persons | $44,660 | $45,650 | $73,000 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Aiken, SC?+
The Fair Market Rent (FMR) for Aiken County, SC is: $805 (Studio), $961 (1BR), $1100 (2BR), $1463 (3BR), $1779 (4BR). Actual rent at subsidized properties like Olde South Terrace (2009 Tcex Exch Funds) is typically 30% of household income or less.
What size apartments are available at Olde South Terrace (2009 Tcex Exch Funds)?+
Olde South Terrace (2009 Tcex Exch Funds) offers the following unit types: 12 Two-Bedroom, 36 Three-Bedroom units, for a total of 48 units.
How do I apply for housing at Olde South Terrace (2009 Tcex Exch Funds)?+
Olde South Terrace (2009 Tcex Exch Funds) is a Low-Income Housing Tax Credit (LIHTC) property. To apply, you can start by calling , or contacting the property management office. Contact the property to learn about availability and application requirements. Eligibility is based on income limits set for the area.
Is there a waitlist for Olde South Terrace (2009 Tcex Exch Funds)?+
Public Housing waitlist is currently Closed. Section 8 (HCV) waitlist is currently Closed. Waitlist status can change frequently, so check back regularly or contact the housing authority directly for the most up-to-date information.
Who manages Olde South Terrace (2009 Tcex Exch Funds)?+
Olde South Terrace (2009 Tcex Exch Funds) is managed by . You can reach them at .
What are the income limits for affordable housing in Aiken County, SC?+
For a 4-person household in Aiken County, SC, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $34,550, Low Income (80% AMI): $55,300. These limits are set by HUD and updated annually.
What is the price range for apartments in Aiken, SC?+
Based on Fair Market Rent for Aiken County, the estimated price range is: 2-bedroom: $1100, 3-bedroom: $1463. Actual rent at Olde South Terrace (2009 Tcex Exch Funds) may be lower for income-eligible households.
Walk Score
Car-Dependent
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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