About This Property
Laurelwood Apartments I and II comprise 64 one-bedroom units in Winnsboro, SC, designated for low-income elderly residents. The property was placed in service in 2015 and utilizes 4% Low-Income Housing Tax Credits and tax-exempt bond financing. The apartments are managed to provide affordable housing options for seniors in Fairfield County.
Property Details
Fair Market Rent - Fairfield 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 | $1,036 |
| 1 Bedroom | $1,110 |
| 2 Bedroom | $1,246 |
| 3 Bedroom | $1,595 |
| 4 Bedroom | $1,917 |
Income Limits - Fairfield County, SC
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $15,200
- Very Low (50%)
- $25,250
- Low (80%)
- $40,400
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $28,850
- Low (80%)
- $46,200
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $32,450
- Low (80%)
- $51,950
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $36,050
- Low (80%)
- $57,700
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $38,950
- Low (80%)
- $62,350
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $41,850
- Low (80%)
- $66,950
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $44,750
- Low (80%)
- $71,550
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $47,600
- Low (80%)
- $76,200
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $15,200 | $25,250 | $40,400 |
| 2 Persons | $17,420 | $28,850 | $46,200 |
| 3 Persons | $21,960 | $32,450 | $51,950 |
| 4 Persons | $26,500 | $36,050 | $57,700 |
| 5 Persons | $31,040 | $38,950 | $62,350 |
| 6 Persons | $35,580 | $41,850 | $66,950 |
| 7 Persons | $40,120 | $44,750 | $71,550 |
| 8 Persons | $44,660 | $47,600 | $76,200 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Winnsboro, SC?+
The Fair Market Rent (FMR) for Fairfield County, SC is: $1036 (Studio), $1110 (1BR), $1246 (2BR), $1595 (3BR), $1917 (4BR). Actual rent at subsidized properties like Laurelwood Apartments I and Ii is typically 30% of household income or less.
What size apartments are available at Laurelwood Apartments I and Ii?+
Laurelwood Apartments I and Ii offers the following unit types: 64 One-Bedroom units, for a total of 64 units.
Who is eligible to live at Laurelwood Apartments I and Ii?+
Laurelwood Apartments I and Ii primarily serves elderly residents. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
Who manages Laurelwood Apartments I and Ii?+
Laurelwood Apartments I and Ii is managed by . You can reach them at . Visit their website for more information.
How do I apply for housing at Laurelwood Apartments I and Ii?+
Laurelwood Apartments I and Ii 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 Winnsboro, SC?+
Based on Fair Market Rent for Fairfield County, the estimated price range is: 1-bedroom: $1110. Actual rent at Laurelwood Apartments I and Ii may be lower for income-eligible households.
What are the income limits for affordable housing in Fairfield County, SC?+
For a 4-person household in Fairfield County, SC, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $36,050, Low Income (80% AMI): $57,700. These limits are set by HUD and updated annually.
Walk Score
Car-Dependent
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.