About This Property
Edisto Terrace Apts comprises 48 low-income residential units in Walterboro, SC, including four one-bedroom, thirty-two two-bedroom, and twelve three-bedroom apartments. The property was placed in service in 2007 and receives 9% Low-Income Housing Tax Credit financing along with HOME program funding. The community serves residents in Colleton County.
Property Details
Fair Market Rent - Colleton 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 | $720 |
| 1 Bedroom | $756 |
| 2 Bedroom | $905 |
| 3 Bedroom | $1,094 |
| 4 Bedroom | $1,457 |
Income Limits - Colleton County, SC
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $12,880
- Very Low (50%)
- $18,800
- Low (80%)
- $30,050
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $21,450
- Low (80%)
- $34,350
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $24,150
- Low (80%)
- $38,650
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $26,800
- Low (80%)
- $42,900
- Extremely Low (30%)
- $28,950
- Very Low (50%)
- $28,950
- Low (80%)
- $46,350
- Extremely Low (30%)
- $31,100
- Very Low (50%)
- $31,100
- Low (80%)
- $49,800
- Extremely Low (30%)
- $33,250
- Very Low (50%)
- $33,250
- Low (80%)
- $53,200
- Extremely Low (30%)
- $35,400
- Very Low (50%)
- $35,400
- Low (80%)
- $56,650
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $12,880 | $18,800 | $30,050 |
| 2 Persons | $17,420 | $21,450 | $34,350 |
| 3 Persons | $21,960 | $24,150 | $38,650 |
| 4 Persons | $26,500 | $26,800 | $42,900 |
| 5 Persons | $28,950 | $28,950 | $46,350 |
| 6 Persons | $31,100 | $31,100 | $49,800 |
| 7 Persons | $33,250 | $33,250 | $53,200 |
| 8 Persons | $35,400 | $35,400 | $56,650 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Walterboro, SC?+
The Fair Market Rent (FMR) for Colleton County, SC is: $720 (Studio), $756 (1BR), $905 (2BR), $1094 (3BR), $1457 (4BR). Actual rent at subsidized properties like Edisto Terrace Apts is typically 30% of household income or less.
What size apartments are available at Edisto Terrace Apts?+
Edisto Terrace Apts offers the following unit types: 4 One-Bedroom, 32 Two-Bedroom, 12 Three-Bedroom units, for a total of 48 units.
What is the price range for apartments in Walterboro, SC?+
Based on Fair Market Rent for Colleton County, the estimated price range is: 1-bedroom: $756, 2-bedroom: $905, 3-bedroom: $1094. Actual rent at Edisto Terrace Apts may be lower for income-eligible households.
How do I apply for housing at Edisto Terrace Apts?+
Edisto Terrace Apts is a Low-Income Housing Tax Credit (LIHTC) property. To apply, you can start by calling , or visiting their website, 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.
Who manages Edisto Terrace Apts?+
Edisto Terrace Apts is managed by . You can reach them at . Visit their website for more information.
What are the income limits for affordable housing in Colleton County, SC?+
For a 4-person household in Colleton County, SC, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $26,800, Low Income (80% AMI): $42,900. These limits are set by HUD and updated annually.
Walk Score
Almost All Errands Require a Car
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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