About This Property
Wellington Estates consists of 40 low-income rental units in Beech Island, SC, serving families with a mix of twelve 2-bedroom and twenty-eight 3-bedroom apartments. The property was placed in service in 2012 and receives 9% Low-Income Housing Tax Credit financing along with HOME program funding. The community is managed to provide affordable housing options for eligible residents in Aiken County.
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 Beech Island, 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 Wellington Estates (M11-Sg450937) is typically 30% of household income or less.
What size apartments are available at Wellington Estates (M11-Sg450937)?+
Wellington Estates (M11-Sg450937) offers the following unit types: 12 Two-Bedroom, 28 Three-Bedroom units, for a total of 40 units.
Who manages Wellington Estates (M11-Sg450937)?+
Wellington Estates (M11-Sg450937) 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 Beech Island, SC?+
Based on Fair Market Rent for Aiken County, the estimated price range is: 2-bedroom: $1100, 3-bedroom: $1463. Actual rent at Wellington Estates (M11-Sg450937) may be lower for income-eligible households.
How do I apply for housing at Wellington Estates (M11-Sg450937)?+
Wellington Estates (M11-Sg450937) 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.
Who is eligible to live at Wellington Estates (M11-Sg450937)?+
Wellington Estates (M11-Sg450937) primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
Walk Score
Car-Dependent
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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