About This Property
Pineridge Apartments consists of 24 low-income units in Prosperity, SC, with eight one-bedroom and sixteen two-bedroom floor plans that serve families. The property was placed in service in 2015 and utilizes 4% Low-Income Housing Tax Credits and tax-exempt bond financing. This community provides affordable rental housing in Saluda County.
Property Details
Fair Market Rent - Saluda 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 - Saluda 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 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Prosperity, SC?+
The Fair Market Rent (FMR) for Saluda County, SC is: $1036 (Studio), $1110 (1BR), $1246 (2BR), $1595 (3BR), $1917 (4BR). Actual rent at subsidized properties like Pineridge Apartments is typically 30% of household income or less.
What size apartments are available at Pineridge Apartments?+
Pineridge Apartments offers the following unit types: 8 One-Bedroom, 16 Two-Bedroom units, for a total of 24 units.
Who is eligible to live at Pineridge Apartments?+
Pineridge Apartments primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
What is the price range for apartments in Prosperity, SC?+
Based on Fair Market Rent for Saluda County, the estimated price range is: 1-bedroom: $1110, 2-bedroom: $1246. Actual rent at Pineridge Apartments may be lower for income-eligible households.
What are the income limits for affordable housing in Saluda County, SC?+
For a 4-person household in Saluda 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 Pineridge Apartments?+
Pineridge Apartments 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 Pineridge Apartments?+
Pineridge Apartments is managed by . You can reach them at . Visit their website for more information.
Walk Score
Almost All Errands Require a Car
