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
The public housing waiting list is currently closed with no future opening dates scheduled. Past openings varied by property; for Prince Hall, Camp Croft Courts, and Archibald Rutledge, it was open from December 19, 2022, to January 6, 2023. For Archibald Village (Efficiency and 1-Bedroom), it was open from July 11, 2022, to July 22, 2022. Prince Hall apartments were open from August 14, 2023, until September 8, 2023.
Preferences included families terminated from HCV due to insufficient funding, Spartanburg County residents, displaced families, working/elderly/disabled families, veterans, and victims of domestic violence. A limited waiting list for working families was open for in-person applications on October 19, 2023, for those working 30+ hours per week for six consecutive months.
Waitlist data provided by section8waitlist.org
Updated October 1, 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 |
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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.
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.
Who manages Companion At Franklin Square?+
Companion At Franklin Square is managed by . You can reach them at . Visit their website for more information.
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.
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.
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.
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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