About This Property
Wedgewood Apts is a 16-unit affordable housing community in St Stephen, SC that has served low-income residents since 2007. The property contains eight one-bedroom and eight two-bedroom units and is financed through tax-exempt bonds and 4% Low-Income Housing Tax Credits. The community is available for income-qualified residents seeking affordable rental housing in Berkeley County.
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 Saint Stephen, 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 Wedgewood Apts is typically 30% of household income or less.
What size apartments are available at Wedgewood Apts?+
Wedgewood Apts offers the following unit types: 8 One-Bedroom, 8 Two-Bedroom units, for a total of 16 units.
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.
How do I apply for housing at Wedgewood Apts?+
Wedgewood 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 manages Wedgewood Apts?+
Wedgewood Apts is managed by . You can reach them at . Visit their website for more information.
What is the price range for apartments in Saint Stephen, SC?+
Based on Fair Market Rent for Berkeley County, the estimated price range is: 1-bedroom: $1424, 2-bedroom: $1599. Actual rent at Wedgewood Apts may be lower for income-eligible households.
Walk Score
Car-Dependent
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
