About This Property
Chimney Ridge Apts comprises 152 low-income units in Lexington, South Carolina, offering a mix of 40 one-bedroom, 88 two-bedroom, and 24 three-bedroom floor plans. The property has been in service since 1996 and utilizes 9% Low-Income Housing Tax Credits (LIHTC) to maintain affordable rental options for qualifying households.
Property Details
Fair Market Rent - Lexington 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 - Lexington 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 |
Advertisement
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Lexington, SC?+
The Fair Market Rent (FMR) for Lexington County, SC is: $1036 (Studio), $1110 (1BR), $1246 (2BR), $1595 (3BR), $1917 (4BR). Actual rent at subsidized properties like Chimney Ridge Apts is typically 30% of household income or less.
What size apartments are available at Chimney Ridge Apts?+
Chimney Ridge Apts offers the following unit types: 40 One-Bedroom, 88 Two-Bedroom, 24 Three-Bedroom units, for a total of 152 units.
Who manages Chimney Ridge Apts?+
Chimney Ridge Apts is managed by . You can reach them at .
What is the price range for apartments in Lexington, SC?+
Based on Fair Market Rent for Lexington County, the estimated price range is: 1-bedroom: $1110, 2-bedroom: $1246, 3-bedroom: $1595. Actual rent at Chimney Ridge Apts may be lower for income-eligible households.
What are the income limits for affordable housing in Lexington County, SC?+
For a 4-person household in Lexington 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.
How do I apply for housing at Chimney Ridge Apts?+
Chimney Ridge Apts is a Low-Income Housing Tax Credit (LIHTC) property. To apply, you can start by calling , 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.
Walk Score
Car-Dependent
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
More Affordable Housing Near Chimney Ridge Apts
Autumnwood Crossing
Lexington, SC
50 UnitsRiver Oaks Apts
Columbia, SC
100 UnitsSweetbriar Apts
Lexington, SC
48 UnitsTown & Country Apts
Lexington, SC
46 UnitsScarlett Oaks
Lexington, SC
40 UnitsChimney Ridge Apts Phase Ii
Lexington, SC
48 Units