About This Property
Waterford Cove II offers 32 low-income rental units in Beaufort, SC, comprising 29 three-bedroom and 3 four-bedroom apartments. The property has been in service since 1998 and is financed through 9% Low-Income Housing Tax Credits. This Beaufort County community provides housing options for families requiring affordable rental assistance.
Waitlist Information
Waitlist managed by Housing Authority of Beaufort
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).
To view the HCV Administrative Plan, visit the office during office hours.
Waitlist data provided by section8waitlist.org
Updated April 18, 2026
Property Details
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.
| Bedrooms | FMR |
|---|---|
| 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.
- Extremely Low (30%)
- $16,300
- Very Low (50%)
- $27,150
- Low (80%)
- $43,400
- Extremely Low (30%)
- $18,600
- Very Low (50%)
- $31,000
- Low (80%)
- $49,600
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $34,900
- Low (80%)
- $55,800
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $38,750
- Low (80%)
- $62,000
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $41,850
- Low (80%)
- $67,000
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $44,950
- Low (80%)
- $71,950
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $48,050
- Low (80%)
- $76,900
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $51,150
- Low (80%)
- $81,850
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $16,300 | $27,150 | $43,400 |
| 2 Persons | $18,600 | $31,000 | $49,600 |
| 3 Persons | $21,960 | $34,900 | $55,800 |
| 4 Persons | $26,500 | $38,750 | $62,000 |
| 5 Persons | $31,040 | $41,850 | $67,000 |
| 6 Persons | $35,580 | $44,950 | $71,950 |
| 7 Persons | $40,120 | $48,050 | $76,900 |
| 8 Persons | $44,660 | $51,150 | $81,850 |
Tax Credit Program Details
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 Waterford Cove Ii is typically 30% of household income or less.
What size apartments are available at Waterford Cove Ii?+
Waterford Cove Ii offers the following unit types: 29 Three-Bedroom, 3 Four-Bedroom units, for a total of 32 units.
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.
Who manages Waterford Cove Ii?+
Waterford Cove Ii is managed by . You can reach them at . Visit their website for more information.
How do I apply for housing at Waterford Cove Ii?+
Waterford Cove Ii 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.
What is the price range for apartments in Beaufort, SC?+
Based on Fair Market Rent for Beaufort County, the estimated price range is: 3-bedroom: $2050. Actual rent at Waterford Cove Ii may be lower for income-eligible households.
Is there a waitlist for Waterford Cove Ii?+
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.
Contact Information
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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