About This Property
Sparrow Ridge Apts comprises 24 two-bedroom units serving low-income households in Timmonsville, SC. The property has been in service since 2000 and receives funding through the HOME program with 9% Low-Income Housing Tax Credits. All 24 units are designated for low-income occupancy.
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 Timmonsville, 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 Sparrow Ridge Apts is typically 30% of household income or less.
What size apartments are available at Sparrow Ridge Apts?+
Sparrow Ridge Apts offers the following unit types: 24 Two-Bedroom units, for a total of 24 units.
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.
Who manages Sparrow Ridge Apts?+
Sparrow Ridge Apts is managed by . You can reach them at . Visit their website for more information.
What is the price range for apartments in Timmonsville, SC?+
Based on Fair Market Rent for Florence County, the estimated price range is: 2-bedroom: $1012. Actual rent at Sparrow Ridge Apts may be lower for income-eligible households.
How do I apply for housing at Sparrow Ridge Apts?+
Sparrow Ridge 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.
Contact Information
Walk Score
Car-Dependent
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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