About This Property
Bay Meadows Apartments offers 48 low-income units in Walterboro, SC, consisting of 24 one-bedroom and 24 two-bedroom floor plans designed to serve families. The community has been in service since 2016 and is managed to provide affordable rental housing in Colleton County.
Property Details
Fair Market Rent - Colleton 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 | $720 |
| 1 Bedroom | $756 |
| 2 Bedroom | $905 |
| 3 Bedroom | $1,094 |
| 4 Bedroom | $1,457 |
Income Limits - Colleton County, SC
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $12,880
- Very Low (50%)
- $18,800
- Low (80%)
- $30,050
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $21,450
- Low (80%)
- $34,350
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $24,150
- Low (80%)
- $38,650
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $26,800
- Low (80%)
- $42,900
- Extremely Low (30%)
- $28,950
- Very Low (50%)
- $28,950
- Low (80%)
- $46,350
- Extremely Low (30%)
- $31,100
- Very Low (50%)
- $31,100
- Low (80%)
- $49,800
- Extremely Low (30%)
- $33,250
- Very Low (50%)
- $33,250
- Low (80%)
- $53,200
- Extremely Low (30%)
- $35,400
- Very Low (50%)
- $35,400
- Low (80%)
- $56,650
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $12,880 | $18,800 | $30,050 |
| 2 Persons | $17,420 | $21,450 | $34,350 |
| 3 Persons | $21,960 | $24,150 | $38,650 |
| 4 Persons | $26,500 | $26,800 | $42,900 |
| 5 Persons | $28,950 | $28,950 | $46,350 |
| 6 Persons | $31,100 | $31,100 | $49,800 |
| 7 Persons | $33,250 | $33,250 | $53,200 |
| 8 Persons | $35,400 | $35,400 | $56,650 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Walterboro, SC?+
The Fair Market Rent (FMR) for Colleton County, SC is: $720 (Studio), $756 (1BR), $905 (2BR), $1094 (3BR), $1457 (4BR). Actual rent at subsidized properties like Bay Meadows Apartments is typically 30% of household income or less.
What size apartments are available at Bay Meadows Apartments?+
Bay Meadows Apartments offers the following unit types: 24 One-Bedroom, 24 Two-Bedroom units, for a total of 48 units.
How do I apply for housing at Bay Meadows Apartments?+
Bay Meadows 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 manages Bay Meadows Apartments?+
Bay Meadows Apartments is managed by . You can reach them at . Visit their website for more information.
What is the price range for apartments in Walterboro, SC?+
Based on Fair Market Rent for Colleton County, the estimated price range is: 1-bedroom: $756, 2-bedroom: $905. Actual rent at Bay Meadows Apartments may be lower for income-eligible households.
What are the income limits for affordable housing in Colleton County, SC?+
For a 4-person household in Colleton 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.
Who is eligible to live at Bay Meadows Apartments?+
Bay Meadows Apartments primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
Walk Score
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Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.