About This Property
Palmetto Ridge Estates contains 56 low-income rental units in Lake City, South Carolina, placed in service in 2010. The community offers a mix of 38 two-bedroom and 18 three-bedroom units and receives funding through HOME and 9% Low-Income Housing Tax Credits. Management and contact information are available upon request.
Waitlist Information
Waitlist managed by Housing Authority of Lake City
Rent is based on income for HUD-subsidized multifamily properties. The agency no longer provides waiting list numbers as they change frequently.
No current Section 8 waiting lists are open for Lake City; it is against HUD policy to charge an application fee for Section 8 vouchers.
Waitlist data provided by section8waitlist.org
Updated April 17, 2026
Property Details
Fair Market Rent - Florence 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 | $787 |
| 1 Bedroom | $792 |
| 2 Bedroom | $1,012 |
| 3 Bedroom | $1,279 |
| 4 Bedroom | $1,374 |
Income Limits - Florence County, SC
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $12,880
- Very Low (50%)
- $21,200
- Low (80%)
- $33,900
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $24,200
- Low (80%)
- $38,750
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $27,250
- Low (80%)
- $43,600
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $30,250
- Low (80%)
- $48,400
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $32,700
- Low (80%)
- $52,300
- Extremely Low (30%)
- $35,100
- Very Low (50%)
- $35,100
- Low (80%)
- $56,150
- Extremely Low (30%)
- $37,550
- Very Low (50%)
- $37,550
- Low (80%)
- $60,050
- Extremely Low (30%)
- $39,950
- Very Low (50%)
- $39,950
- Low (80%)
- $63,900
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $12,880 | $21,200 | $33,900 |
| 2 Persons | $17,420 | $24,200 | $38,750 |
| 3 Persons | $21,960 | $27,250 | $43,600 |
| 4 Persons | $26,500 | $30,250 | $48,400 |
| 5 Persons | $31,040 | $32,700 | $52,300 |
| 6 Persons | $35,100 | $35,100 | $56,150 |
| 7 Persons | $37,550 | $37,550 | $60,050 |
| 8 Persons | $39,950 | $39,950 | $63,900 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Lake City, SC?+
The Fair Market Rent (FMR) for Florence County, SC is: $787 (Studio), $792 (1BR), $1012 (2BR), $1279 (3BR), $1374 (4BR). Actual rent at subsidized properties like Palmetto Ridge Estates 2009 Tcex Exch Funds is typically 30% of household income or less.
What size apartments are available at Palmetto Ridge Estates 2009 Tcex Exch Funds?+
Palmetto Ridge Estates 2009 Tcex Exch Funds offers the following unit types: 38 Two-Bedroom, 18 Three-Bedroom units, for a total of 56 units.
Who manages Palmetto Ridge Estates 2009 Tcex Exch Funds?+
Palmetto Ridge Estates 2009 Tcex Exch Funds is managed by . You can reach them at . Visit their website for more information.
What are the income limits for affordable housing in Florence County, SC?+
For a 4-person household in Florence County, SC, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $30,250, Low Income (80% AMI): $48,400. These limits are set by HUD and updated annually.
What is the price range for apartments in Lake City, SC?+
Based on Fair Market Rent for Florence County, the estimated price range is: 2-bedroom: $1012, 3-bedroom: $1279. Actual rent at Palmetto Ridge Estates 2009 Tcex Exch Funds may be lower for income-eligible households.
How do I apply for housing at Palmetto Ridge Estates 2009 Tcex Exch Funds?+
Palmetto Ridge Estates 2009 Tcex Exch Funds 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.
Is there a waitlist for Palmetto Ridge Estates 2009 Tcex Exch Funds?+
Public Housing waitlist is currently Open. Section 8 (HCV) waitlist is currently Closed. Waitlist status can change frequently, so check back regularly or contact the housing authority directly for the most up-to-date information.
Contact Information
Walk Score
Almost All Errands Require a Car
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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