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Magnolia Park Apts

314 Laurel Bay Rd, Beaufort, SC, 29906

Information verified April 18, 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
Opening Soon
Opens April 20, 2026
Closed April 23, 2026
Apply: In-person

Waiting list will open for 1-bedroom units. Open Houses are scheduled for Yemassee Heights (April 20-21, 2026) and Sandalwood Terrace (April 22-23, 2026).

Last verified April 2, 2026
Section 8 (HCV) Waitlist
Closed
Apply: In-person

To view the HCV Administrative Plan, visit the office during office hours.

Last verified February 13, 2026

Waitlist data provided by section8waitlist.org

Updated April 18, 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

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 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.

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.

Is there a waitlist for Magnolia Park Apts?+

Public Housing waitlist is currently Opening Soon and is expected to open for applications soon. 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.

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.

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.

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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