About This Property
May River Village Apartments Phase 2 contains 40 low-income units in Bluffton, South Carolina, serving families with a mix of one-, two-, and three-bedroom floor plans. The property, which has been in service since 2015, receives funding through the HOME program and utilizes 9% Low-Income Housing Tax Credits. The community is managed to provide affordable rental housing options for eligible households in Beaufort County.
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 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Bluffton, 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 May River Village Apartments Phase 2 M14-Sg450963 is typically 30% of household income or less.
What size apartments are available at May River Village Apartments Phase 2 M14-Sg450963?+
May River Village Apartments Phase 2 M14-Sg450963 offers the following unit types: 12 One-Bedroom, 16 Two-Bedroom, 12 Three-Bedroom units, for a total of 40 units.
What is the price range for apartments in Bluffton, SC?+
Based on Fair Market Rent for Beaufort County, the estimated price range is: 1-bedroom: $1472, 2-bedroom: $1652, 3-bedroom: $2050. Actual rent at May River Village Apartments Phase 2 M14-Sg450963 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.
Who manages May River Village Apartments Phase 2 M14-Sg450963?+
May River Village Apartments Phase 2 M14-Sg450963 is managed by . You can reach them at . Visit their website for more information.
Who is eligible to live at May River Village Apartments Phase 2 M14-Sg450963?+
May River Village Apartments Phase 2 M14-Sg450963 primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
How do I apply for housing at May River Village Apartments Phase 2 M14-Sg450963?+
May River Village Apartments Phase 2 M14-Sg450963 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.
Contact Information
Walk Score
Somewhat Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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