About This Property
Cambridge Pointe Apts provides 40 affordable units in Walterboro, serving elderly residents. The community includes 16 one-bedroom and 24 two-bedroom apartments and has been in operation since 2004. The property operates as a low-income housing development with 9% Low-Income Housing Tax Credit financing.
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 Cambridge Pointe Apts is typically 30% of household income or less.
What size apartments are available at Cambridge Pointe Apts?+
Cambridge Pointe Apts offers the following unit types: 16 One-Bedroom, 24 Two-Bedroom units, for a total of 40 units.
Who is eligible to live at Cambridge Pointe Apts?+
Cambridge Pointe Apts primarily serves elderly residents. 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 Cambridge Pointe Apts?+
Cambridge Pointe 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.
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.
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 Cambridge Pointe Apts may be lower for income-eligible households.
Who manages Cambridge Pointe Apts?+
Cambridge Pointe Apts is managed by . You can reach them at . Visit their website for more information.
Walk Score
Somewhat Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.