Affordable Housing Hub
Low Income (LIHTC)

Water Oak Apartments

303 E Elizabeth St, Jefferson, SC, 29718

Information verified April 18, 2026·We re-check waiting list status daily

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About This Property

Water Oak Apartments in Jefferson, SC offers 40 low-income units designed for families, with a mix of one-, two-, and three-bedroom floor plans. The property has been in service since 2018 and is situated in Chesterfield County.

Property Details

Total Units
40
1 Bedroom
12
2 Bedroom
20
3 Bedroom
8

Fair Market Rent - Chesterfield County, SC

FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.

BedroomsFMR
Studio/Efficiency$714
1 Bedroom$718
2 Bedroom$905
3 Bedroom$1,164
4 Bedroom$1,291

Income Limits - Chesterfield County, SC

Annual income limits by household size used to determine eligibility for affordable housing programs.

1 Person
Extremely Low (30%)
$12,880
Very Low (50%)
$18,800
Low (80%)
$30,050
2 Persons
Extremely Low (30%)
$17,420
Very Low (50%)
$21,450
Low (80%)
$34,350
3 Persons
Extremely Low (30%)
$21,960
Very Low (50%)
$24,150
Low (80%)
$38,650
4 Persons
Extremely Low (30%)
$26,500
Very Low (50%)
$26,800
Low (80%)
$42,900
5 Persons
Extremely Low (30%)
$28,950
Very Low (50%)
$28,950
Low (80%)
$46,350
6 Persons
Extremely Low (30%)
$31,100
Very Low (50%)
$31,100
Low (80%)
$49,800
7 Persons
Extremely Low (30%)
$33,250
Very Low (50%)
$33,250
Low (80%)
$53,200
8 Persons
Extremely Low (30%)
$35,400
Very Low (50%)
$35,400
Low (80%)
$56,650

Tax Credit Program Details

Year Placed in Service
2018
LIHTC Credit Type
3
Low-Income Units
40 / 40
Target Population
Families

Frequently Asked Questions

What is the average rent for affordable housing in Jefferson, SC?+

The Fair Market Rent (FMR) for Chesterfield County, SC is: $714 (Studio), $718 (1BR), $905 (2BR), $1164 (3BR), $1291 (4BR). Actual rent at subsidized properties like Water Oak Apartments is typically 30% of household income or less.

What size apartments are available at Water Oak Apartments?+

Water Oak Apartments offers the following unit types: 12 One-Bedroom, 20 Two-Bedroom, 8 Three-Bedroom units, for a total of 40 units.

What are the income limits for affordable housing in Chesterfield County, SC?+

For a 4-person household in Chesterfield County, SC, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $26,800, Low Income (80% AMI): $42,900. These limits are set by HUD and updated annually.

What is the price range for apartments in Jefferson, SC?+

Based on Fair Market Rent for Chesterfield County, the estimated price range is: 1-bedroom: $718, 2-bedroom: $905, 3-bedroom: $1164. Actual rent at Water Oak Apartments may be lower for income-eligible households.

How do I apply for housing at Water Oak Apartments?+

Water Oak Apartments 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 Water Oak Apartments?+

Water Oak Apartments primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.

Who manages Water Oak Apartments?+

Water Oak Apartments is managed by . You can reach them at . Visit their website for more information.

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Walk Score

Almost All Errands Require a Car

15
Walk
31
Bike

Nearby Schools

Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.

Location

Chesterfield County, SC

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