About This Property
Companion At Franklin Square offers 192 low-income residential units in Spartanburg, SC. The property, which has been in service since 2010, includes 36 one-bedroom, 98 two-bedroom, and 58 three-bedroom units. Financing consists of tax-exempt bonds and 4% Low-Income Housing Tax Credits.
Waitlist Information
Waitlist managed by Housing Authority of Spartanburg
Spartanburg Housing is not currently accepting applications for any waiting lists.
Applications are only accepted when the waitlist is open. Long waiting periods are common. The waitlist may close when there are more families than can be assisted in the near future. Updates to address and contact information are not taken by phone.
Waitlist data provided by section8waitlist.org
Updated April 17, 2026
Property Details
Fair Market Rent - Spartanburg 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 | $976 |
| 1 Bedroom | $1,016 |
| 2 Bedroom | $1,141 |
| 3 Bedroom | $1,450 |
| 4 Bedroom | $1,536 |
Income Limits - Spartanburg County, SC
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $14,250
- Very Low (50%)
- $23,800
- Low (80%)
- $38,050
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $27,200
- Low (80%)
- $43,450
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $30,600
- Low (80%)
- $48,900
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $33,950
- Low (80%)
- $54,300
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $36,700
- Low (80%)
- $58,650
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $39,400
- Low (80%)
- $63,000
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $42,100
- Low (80%)
- $67,350
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $44,850
- Low (80%)
- $71,700
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $14,250 | $23,800 | $38,050 |
| 2 Persons | $17,420 | $27,200 | $43,450 |
| 3 Persons | $21,960 | $30,600 | $48,900 |
| 4 Persons | $26,500 | $33,950 | $54,300 |
| 5 Persons | $31,040 | $36,700 | $58,650 |
| 6 Persons | $35,580 | $39,400 | $63,000 |
| 7 Persons | $40,120 | $42,100 | $67,350 |
| 8 Persons | $44,660 | $44,850 | $71,700 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Spartanburg, SC?+
The Fair Market Rent (FMR) for Spartanburg County, SC is: $976 (Studio), $1016 (1BR), $1141 (2BR), $1450 (3BR), $1536 (4BR). Actual rent at subsidized properties like Companion At Franklin Square is typically 30% of household income or less.
What size apartments are available at Companion At Franklin Square?+
Companion At Franklin Square offers the following unit types: 36 One-Bedroom, 98 Two-Bedroom, 58 Three-Bedroom units, for a total of 192 units.
Is there a waitlist for Companion At Franklin Square?+
Public Housing waitlist is currently Closed. 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 Spartanburg County, SC?+
For a 4-person household in Spartanburg County, SC, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $33,950, Low Income (80% AMI): $54,300. These limits are set by HUD and updated annually.
Who manages Companion At Franklin Square?+
Companion At Franklin Square is managed by . You can reach them at . Visit their website for more information.
What is the price range for apartments in Spartanburg, SC?+
Based on Fair Market Rent for Spartanburg County, the estimated price range is: 1-bedroom: $1016, 2-bedroom: $1141, 3-bedroom: $1450. Actual rent at Companion At Franklin Square may be lower for income-eligible households.
How do I apply for housing at Companion At Franklin Square?+
Companion At Franklin Square 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.
Contact Information
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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