About This Property
Villas At Oakbrook comprises 42 low-income residential units in Summerville, SC, placed in service in 2018. The property includes 33 one-bedroom and 9 two-bedroom units and is financed through 9% LIHTC credits. The community is located in Dorchester County and operates under professional management.
Property Details
Fair Market Rent - Dorchester 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 - Dorchester 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 Summerville, SC?+
The Fair Market Rent (FMR) for Dorchester County, SC is: $1386 (Studio), $1424 (1BR), $1599 (2BR), $1979 (3BR), $2402 (4BR). Actual rent at subsidized properties like Villas At Oakbrook is typically 30% of household income or less.
What size apartments are available at Villas At Oakbrook?+
Villas At Oakbrook offers the following unit types: 33 One-Bedroom, 9 Two-Bedroom units, for a total of 42 units.
Who manages Villas At Oakbrook?+
Villas At Oakbrook is managed by . You can reach them at . Visit their website for more information.
How do I apply for housing at Villas At Oakbrook?+
Villas At Oakbrook 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 is the price range for apartments in Summerville, SC?+
Based on Fair Market Rent for Dorchester County, the estimated price range is: 1-bedroom: $1424, 2-bedroom: $1599. Actual rent at Villas At Oakbrook may be lower for income-eligible households.
Who is eligible to live at Villas At Oakbrook?+
Villas At Oakbrook primarily serves Older Persons. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
What are the income limits for affordable housing in Dorchester County, SC?+
For a 4-person household in Dorchester 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.
Walk Score
Somewhat Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
More Affordable Housing Near Villas At Oakbrook
Appian Way Apts
N Charleston, SC
204 UnitsAzalea Park Apts
Summerville, SC
64 Units
Single Family Units
Ladson, SC
1 UnitsWillow Trace
North Charleston, SC
56 UnitsThe Waters At Magnolia Bay M15-Sg450998
Summerville, SC
240 UnitsPlanter'S Retreat
Ladson, SC
192 Units