About This Property
Bay Pointe I offers 50 low-income residential units in Myrtle Beach, South Carolina, consisting of 28 two-bedroom and 22 three-bedroom apartments. The property was placed in service in 2010 and is financed through 9% Low-Income Housing Tax Credits and TCAP funding. This development provides housing options for households meeting low-income eligibility requirements in Horry County.
Waitlist Information
Waitlist managed by Housing Authority of Myrtle Beach
A priority is given to disabled households on the HCV Pre-application lottery waiting list.
Waitlist data provided by section8waitlist.org
Updated May 8, 2026
Property Details
Fair Market Rent - Horry 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 | $1,121 |
| 1 Bedroom | $1,187 |
| 2 Bedroom | $1,361 |
| 3 Bedroom | $1,724 |
| 4 Bedroom | $2,005 |
Income Limits - Horry County, SC
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $12,880
- Very Low (50%)
- $21,400
- Low (80%)
- $34,200
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $24,450
- Low (80%)
- $39,100
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $27,500
- Low (80%)
- $44,000
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $30,550
- Low (80%)
- $48,850
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $33,000
- Low (80%)
- $52,800
- Extremely Low (30%)
- $35,450
- Very Low (50%)
- $35,450
- Low (80%)
- $56,700
- Extremely Low (30%)
- $37,900
- Very Low (50%)
- $37,900
- Low (80%)
- $60,600
- Extremely Low (30%)
- $40,350
- Very Low (50%)
- $40,350
- Low (80%)
- $64,500
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $12,880 | $21,400 | $34,200 |
| 2 Persons | $17,420 | $24,450 | $39,100 |
| 3 Persons | $21,960 | $27,500 | $44,000 |
| 4 Persons | $26,500 | $30,550 | $48,850 |
| 5 Persons | $31,040 | $33,000 | $52,800 |
| 6 Persons | $35,450 | $35,450 | $56,700 |
| 7 Persons | $37,900 | $37,900 | $60,600 |
| 8 Persons | $40,350 | $40,350 | $64,500 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Myrtle Beach, SC?+
The Fair Market Rent (FMR) for Horry County, SC is: $1121 (Studio), $1187 (1BR), $1361 (2BR), $1724 (3BR), $2005 (4BR). Actual rent at subsidized properties like Bay Pointe I is typically 30% of household income or less.
What size apartments are available at Bay Pointe I?+
Bay Pointe I offers the following unit types: 28 Two-Bedroom, 22 Three-Bedroom units, for a total of 50 units.
How do I apply for housing at Bay Pointe I?+
Bay Pointe I 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.
Who manages Bay Pointe I?+
Bay Pointe I is managed by . You can reach them at . Visit their website for more information.
Is there a waitlist for Bay Pointe I?+
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.
What are the income limits for affordable housing in Horry County, SC?+
For a 4-person household in Horry County, SC, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $30,550, Low Income (80% AMI): $48,850. These limits are set by HUD and updated annually.
What is the price range for apartments in Myrtle Beach, SC?+
Based on Fair Market Rent for Horry County, the estimated price range is: 2-bedroom: $1361, 3-bedroom: $1724. Actual rent at Bay Pointe I may be lower for income-eligible households.
Contact Information
Walk Score
Somewhat Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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