About This Property
Seven Farms Apts offers 71 low-income units on Daniel Island in Berkeley County, South Carolina. The community includes 12 one-bedroom, 41 two-bedroom, and 18 three-bedroom units and has been in service since 2006. Financing through HOME funding and 9% LIHTC credits supports this non-profit-owned property.
Property Details
Fair Market Rent - Berkeley 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 | $1,386 |
| 1 Bedroom | $1,424 |
| 2 Bedroom | $1,599 |
| 3 Bedroom | $1,979 |
| 4 Bedroom | $2,402 |
Income Limits - Berkeley County, SC
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $17,300
- Very Low (50%)
- $28,750
- Low (80%)
- $46,000
- Extremely Low (30%)
- $19,750
- Very Low (50%)
- $32,850
- Low (80%)
- $52,600
- Extremely Low (30%)
- $22,200
- Very Low (50%)
- $36,950
- Low (80%)
- $59,150
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $41,050
- Low (80%)
- $65,700
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $44,350
- Low (80%)
- $71,000
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $47,650
- Low (80%)
- $76,250
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $50,950
- Low (80%)
- $81,500
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $54,200
- Low (80%)
- $86,750
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $17,300 | $28,750 | $46,000 |
| 2 Persons | $19,750 | $32,850 | $52,600 |
| 3 Persons | $22,200 | $36,950 | $59,150 |
| 4 Persons | $26,500 | $41,050 | $65,700 |
| 5 Persons | $31,040 | $44,350 | $71,000 |
| 6 Persons | $35,580 | $47,650 | $76,250 |
| 7 Persons | $40,120 | $50,950 | $81,500 |
| 8 Persons | $44,660 | $54,200 | $86,750 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Daniel Island, SC?+
The Fair Market Rent (FMR) for Berkeley County, SC is: $1386 (Studio), $1424 (1BR), $1599 (2BR), $1979 (3BR), $2402 (4BR). Actual rent at subsidized properties like Seven Farms Apts is typically 30% of household income or less.
What size apartments are available at Seven Farms Apts?+
Seven Farms Apts offers the following unit types: 12 One-Bedroom, 41 Two-Bedroom, 18 Three-Bedroom units, for a total of 71 units.
What is the price range for apartments in Daniel Island, SC?+
Based on Fair Market Rent for Berkeley County, the estimated price range is: 1-bedroom: $1424, 2-bedroom: $1599, 3-bedroom: $1979. Actual rent at Seven Farms Apts may be lower for income-eligible households.
How do I apply for housing at Seven Farms Apts?+
Seven Farms Apts 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.
What are the income limits for affordable housing in Berkeley County, SC?+
For a 4-person household in Berkeley County, SC, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $41,050, Low Income (80% AMI): $65,700. These limits are set by HUD and updated annually.
Who manages Seven Farms Apts?+
Seven Farms Apts is managed by . You can reach them at .
Walk Score
Somewhat Walkable
More Affordable Housing Near Seven Farms Apts
Seven Farms Village
Daniel Island, SC
42 UnitsOsprey Place Apts
North Charleston, SC
108 UnitsOsprey Pointe Apts
North Charleston, SC
72 Units
Charleston County Housing & Redevelopment Authority
Charleston, SC
1488 UnitsPhoenix Apts
North Charleston, SC
16 UnitsWest Yard Lofts
North Charleston, SC
60 Units