About This Property
Waverly Development offers 4 low-income units in Columbia, South Carolina, with a mix of two 1-bedroom and two 2-bedroom apartments. The property was placed in service in 1989 and utilizes 9% Low-Income Housing Tax Credits (LIHTC) to support affordability.
Waitlist Information
Waitlist managed by Housing Authority of the City of Columbia
Accepting pre-applications for 3 bedroom public housing units. Applicants are selected using a computer-generated lottery system. Completing a pre-application does not guarantee placement on the waitlist.
A Housing Choice Voucher Program waiting list will open ONLY for Public Housing tenants residing in properties converting to RAD. Public Housing tenants will be notified when they are eligible for this waiting list. The Housing Choice Voucher Program wait list for current residents of the Latimer Manor Public Housing community will be open from August 15, 2025 to August 31, 2025.
Waitlist data provided by section8waitlist.org
Updated June 2, 2026
Property Details
Fair Market Rent - Richland 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 - Richland 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 Columbia, SC?+
The Fair Market Rent (FMR) for Richland County, SC is: $1036 (Studio), $1110 (1BR), $1246 (2BR), $1595 (3BR), $1917 (4BR). Actual rent at subsidized properties like Waverly Development is typically 30% of household income or less.
What size apartments are available at Waverly Development?+
Waverly Development offers the following unit types: 2 One-Bedroom, 2 Two-Bedroom units, for a total of 4 units.
What is the price range for apartments in Columbia, SC?+
Based on Fair Market Rent for Richland County, the estimated price range is: 1-bedroom: $1110, 2-bedroom: $1246. Actual rent at Waverly Development may be lower for income-eligible households.
Who manages Waverly Development?+
Waverly Development is managed by . You can reach them at . Visit their website for more information.
Is there a waitlist for Waverly Development?+
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.
How do I apply for housing at Waverly Development?+
Waverly Development 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.
What are the income limits for affordable housing in Richland County, SC?+
For a 4-person household in Richland 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.
Contact Information
Walk Score
Almost All Errands Require a Car
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
More Affordable Housing Near Waverly Development
Oak & Senate St
Columbia, SC
13 UnitsHeyward Street Apts
Columbia, SC
6 UnitsTree Street
Columbia, SC
2 UnitsPlowden Place Apts
Columbia, SC
24 UnitsOak & Senate St
Columbia, SC
13 Units
Single Family Acquisition
Columbia, SC
4 Units