About This Property
Ivy Terrace Apartments comprises 40 one-bedroom units designated for low-income elderly residents in Bishopville, South Carolina. The property has been in service since 1992 and is supported by 9% Low-Income Housing Tax Credits. Management and leasing information are available upon request.
Property Details
Fair Market Rent - Lee 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 | $684 |
| 1 Bedroom | $689 |
| 2 Bedroom | $905 |
| 3 Bedroom | $1,233 |
| 4 Bedroom | $1,238 |
Income Limits - Lee County, SC
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $12,880
- Very Low (50%)
- $18,800
- Low (80%)
- $30,050
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $21,450
- Low (80%)
- $34,350
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $24,150
- Low (80%)
- $38,650
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $26,800
- Low (80%)
- $42,900
- Extremely Low (30%)
- $28,950
- Very Low (50%)
- $28,950
- Low (80%)
- $46,350
- Extremely Low (30%)
- $31,100
- Very Low (50%)
- $31,100
- Low (80%)
- $49,800
- Extremely Low (30%)
- $33,250
- Very Low (50%)
- $33,250
- Low (80%)
- $53,200
- Extremely Low (30%)
- $35,400
- Very Low (50%)
- $35,400
- Low (80%)
- $56,650
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $12,880 | $18,800 | $30,050 |
| 2 Persons | $17,420 | $21,450 | $34,350 |
| 3 Persons | $21,960 | $24,150 | $38,650 |
| 4 Persons | $26,500 | $26,800 | $42,900 |
| 5 Persons | $28,950 | $28,950 | $46,350 |
| 6 Persons | $31,100 | $31,100 | $49,800 |
| 7 Persons | $33,250 | $33,250 | $53,200 |
| 8 Persons | $35,400 | $35,400 | $56,650 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Bishopville, SC?+
The Fair Market Rent (FMR) for Lee County, SC is: $684 (Studio), $689 (1BR), $905 (2BR), $1233 (3BR), $1238 (4BR). Actual rent at subsidized properties like Ivy Terrace Apts is typically 30% of household income or less.
What size apartments are available at Ivy Terrace Apts?+
Ivy Terrace Apts offers the following unit types: 40 One-Bedroom units, for a total of 40 units.
Who manages Ivy Terrace Apts?+
Ivy Terrace Apts is managed by . You can reach them at . Visit their website for more information.
What is the price range for apartments in Bishopville, SC?+
Based on Fair Market Rent for Lee County, the estimated price range is: 1-bedroom: $689. Actual rent at Ivy Terrace Apts may be lower for income-eligible households.
How do I apply for housing at Ivy Terrace Apts?+
Ivy Terrace 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.
Who is eligible to live at Ivy Terrace Apts?+
Ivy Terrace Apts primarily serves elderly residents. 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 Lee County, SC?+
For a 4-person household in Lee County, SC, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $26,800, Low Income (80% AMI): $42,900. These limits are set by HUD and updated annually.
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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