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Low Income (LIHTC)Waitlist Closed

Magnolia Park Apts

314 Laurel Bay Rd, Beaufort, SC, 29906

Information verified May 28, 2026·We re-check waiting list status daily

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About This Property

Magnolia Park Apts comprises 56 low-income rental units in Beaufort, South Carolina, serving families with a mix of 24 two-bedroom and 32 three-bedroom apartments. The property was placed in service in 2001 and utilizes 9% Low-Income Housing Tax Credits to support affordability.

Waitlist Information

Waitlist managed by Housing Authority of Beaufort

Public Housing Waitlist
Closed
Apply: In-person
Last verified May 4, 2026
Section 8 (HCV) Waitlist
Closed

The Section 8 Housing Choice Voucher waiting list is currently closed, with applications last accepted from January 13, 2020, until January 20, 2020, and no notice of when it will reopen. All 6 housing waitlists, including HCV, are presently closed to new applications. As of May 18, 2026, there are no open Section 8 Waiting Lists in Beaufort County.

Last verified February 13, 2026

Waitlist data provided by section8waitlist.org

Updated May 28, 2026

Property Details

Total Units
56
2 Bedroom
24
3 Bedroom
32

Fair Market Rent - Beaufort County, SC

FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.

BedroomsFMR
Studio/Efficiency$1,432
1 Bedroom$1,472
2 Bedroom$1,652
3 Bedroom$2,050
4 Bedroom$2,634

Income Limits - Beaufort County, SC

Annual income limits by household size used to determine eligibility for affordable housing programs.

1 Person
Extremely Low (30%)
$16,300
Very Low (50%)
$27,150
Low (80%)
$43,400
2 Persons
Extremely Low (30%)
$18,600
Very Low (50%)
$31,000
Low (80%)
$49,600
3 Persons
Extremely Low (30%)
$21,960
Very Low (50%)
$34,900
Low (80%)
$55,800
4 Persons
Extremely Low (30%)
$26,500
Very Low (50%)
$38,750
Low (80%)
$62,000
5 Persons
Extremely Low (30%)
$31,040
Very Low (50%)
$41,850
Low (80%)
$67,000
6 Persons
Extremely Low (30%)
$35,580
Very Low (50%)
$44,950
Low (80%)
$71,950
7 Persons
Extremely Low (30%)
$40,120
Very Low (50%)
$48,050
Low (80%)
$76,900
8 Persons
Extremely Low (30%)
$44,660
Very Low (50%)
$51,150
Low (80%)
$81,850

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Tax Credit Program Details

Year Placed in Service
2001
LIHTC Credit Type
9%
Low-Income Units
56 / 56
Target Population
Families

Frequently Asked Questions

What is the average rent for affordable housing in Beaufort, SC?+

The Fair Market Rent (FMR) for Beaufort County, SC is: $1432 (Studio), $1472 (1BR), $1652 (2BR), $2050 (3BR), $2634 (4BR). Actual rent at subsidized properties like Magnolia Park Apts is typically 30% of household income or less.

What size apartments are available at Magnolia Park Apts?+

Magnolia Park Apts offers the following unit types: 24 Two-Bedroom, 32 Three-Bedroom units, for a total of 56 units.

Who is eligible to live at Magnolia Park Apts?+

Magnolia Park Apts primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.

Who manages Magnolia Park Apts?+

Magnolia Park Apts is managed by . You can reach them at . Visit their website for more information.

What is the price range for apartments in Beaufort, SC?+

Based on Fair Market Rent for Beaufort County, the estimated price range is: 2-bedroom: $1652, 3-bedroom: $2050. Actual rent at Magnolia Park Apts may be lower for income-eligible households.

Is there a waitlist for Magnolia Park Apts?+

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.

What are the income limits for affordable housing in Beaufort County, SC?+

For a 4-person household in Beaufort County, SC, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $38,750, Low Income (80% AMI): $62,000. These limits are set by HUD and updated annually.

How do I apply for housing at Magnolia Park Apts?+

Magnolia Park 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.

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Walk Score

Almost All Errands Require a Car

17
Walk
34
Bike

Location

Beaufort County, SC

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Housing Resources in Beaufort, SC

HUD-Approved Counseling Agencies

CCCS OF THE SAVANNAH AREA, INC.- SC BRANCH

Mortgage Delinquency and Default Resolution CounselingPre-Purchase CounselingPre-Purchase Homebuyer Education Workshops