About This Property
Olde South Terrace offers 48 low-income residential units in Aiken, SC, consisting of twelve 2-bedroom and thirty-six 3-bedroom apartments. The property has been in service since 2010 and utilizes 9% Low-Income Housing Tax Credits to support affordability. Prospective residents can contact the property directly for current availability and lease information.
Waitlist Information
Waitlist managed by Housing Authority of Aiken
Applications are accepted on the 3rd Tuesday of each month from 8:00 am to 4:00 pm. Applications will be mailed to the disabled and elderly. The Aiken Housing Authority may take applications on an open enrollment basis depending on the length of the waiting list. The application process involves an initial pre-application and a final full application when nearing the top of the waiting list.
The Housing Authority of the City of Aiken (AHA) administers a total of 875 vouchers. Applications are accepted online only during specific open periods. When the list is opened, notices are placed in local newspapers, media, social groups, and given to community service agencies. Vouchers become available when a client leaves the program or is terminated, and are issued to the next person on the waiting list. The AHA jurisdiction consists of Aiken County only, and there are restrictions on where you can live with a voucher. 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 April 18, 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 |
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.
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.
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 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 Olde South Terrace 2009 Tcex Exch Funds?+
Olde South Terrace 2009 Tcex Exch Funds is managed by . You can reach them at . Visit their website for more information.
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.
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.
Contact Information
Walk Score
Car-Dependent
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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