Colony Apartments

3545 W Beltline Blvd, Columbia, SC 29203

Waiting List Forecast: Likely Long or Closed for Rent Assisted units, and Likely Short or None for other affordable units

check_circleVerified for 2019 by Colleen Carter
Rent Beds Baths SqFt
Call for Rents 2 Beds 1 Bath -
check_circle  Project-Based Rental Assistance

Waitlist Forecast

Since this property is a LIHTC property that may have rental assistance for some or all units, there might be seperate or split waiting lists for rental assistance and non-rental assistance units. In this case, the rental assistance waiting list can be much longer than properties without rental assistance. The non-rental assistance units waiting list is likely much shorter or it may not have a waiting list at all. You should contact the property to verify.

Note: Affordable Housing Online has not confirmed the waiting list status directly with the property. This waiting list status forecast is based on our housing experts' knowledge of similar properties. You should always confirm this status directly with the property.

Welcome to Colony Apartments where you can find comfortable and affordable housing for your family. Colony Apartments is currently undergoing a renovation that encompasses extensive exterior and interior work. Our renovated community features two-bedroom apartment homes in a multi-building, garden-style fenced secured complex located in east Columbia's Bailey Street/Lester Drive neighborhood. Only five miles to downtown Columbia, Colony Apartments is located in close proximity to shopping, dining and schools. There are three bus stops at Colony making transportation a breeze.

Our residents enjoy a wide range of amenities including on-site property management and maintenance; secure property with perimeter fencing and 24-hour surveillance; new community center; playgrounds; and upgraded commercial laundry center. Our professional staff looks forward to providing you with the highest standard of professional property management and are committed to improving the communities where we live and work. It's a great place to call home!

Dave's Thoughts On Colony Apartments

This LIHTC property is among the most common types of affordable rental housing in the United States. The LIHTC program only provides subsidies to the building’s owner at construction. The LIHTC program doesn't provide direct subsidies to the residents, but the owner must set rents affordable to low-income renters in the area. This property does participate in the Section 8 Project-Based Rental Assistance program and your rent would be subsidized and based on your income. You would not pay more than 30% of your income for rent. To qualify, you must earn 50% or less of the Area Median Income (AMI), which you can find on this page’s income chart. LIHTC properties tend to have shorter waiting lists however, since Colony Apartments has a project-based subsidy, the waiting list is likely much longer than other local LIHTC properties. LIHTC properties nationwide are required to accept housing vouchers however, since this property has a Section 8 Project-Based Rental Assistance contract, your Section 8 voucher can not be used here. LIHTC properties were first built in the late 1980's and the LIHTC program funds the renovation of older properties. Because they tend to be newer or renovated, these properties are more likely to have larger units, more amenities, and greater tenant service offerings than other affordable housing programs. This property might be right for you if you need help paying your rent and are willing to wait for a longer waiting list.

Dave, Founder AHO

~ Dave Layfield, Founder of Affordable Housing Online

Colony Apartments Amenities

  • Playground
  • Community Room
  • On-Site Manager
  • Close to Dining
  • Close to Public Transportation
  • Close to Shopping
  • Near Schools
  • Off Street Parking
  • On-Site Maintenance
  • Central Heat & Air
  • Private Patios
  • Laundry Facilities
  • Energy Efficient Appliances
  • Courtesy Patrol
  • Newly Remodeled Kitchens

Units at Colony Apartments

Unit (Bd/Ba) Ft2 Rent
2 Bedroom (2/1) - Rent is Based On Your Income

Income Qualification for Colony Apartments

*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
AMI* 1 person 2 people 3 people 4 people
30% AMI for PBRA Units $17,650 / year $20,150 / year $24,860 / year $30,000 / year
50% AMI for LIHTC Units $29,400 / year $33,600 / year $37,800 / year $41,950 / year
50% AMI for PBRA Units $29,400 / year $33,600 / year $37,800 / year $41,950 / year
60% AMI for LIHTC Units $35,280 / year $40,320 / year $45,360 / year $50,340 / year
80% AMI for PBRA Units $47,000 / year $53,700 / year $60,400 / year $67,100 / year

*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.

FAQs for Colony Apartments

Does Colony Apartments have a waiting list?

Colony Apartments probably has a waiting list. Since our research has shown there is a project-based rental assistance associated with this property, the waiting list would be for the rent-assisted units. We haven't confirmed if this is the case, so you should contact the property to confirm.

Are rents subsidized at Colony Apartments?

We believe rents are most likely subsidized at all or some of the units since our research has turned up at least one public housing or rental assistance contract probably associated with this property.

What property management company manges Colony Apartments?

Colony Apartments is managed by Monroe Group Ltd. headquartered in Denver, Colorado.

In addition to Colony Apartments, how many other affordable housing properties (and units) are there in Columbia?

In addition to Colony Apartments, we list 260 other affordable properties in Columbia. Learn about these properties here. Our data research shows that there are a total of 8381 affordable units in Columbia.

Listings Near Colony Apartments

Grand Street Apartments

4301 Grand St, Columbia, South Carolina 29203

bed 2
payment $530-570/mo.
switch_access_shortcut Short Wait
accessibility Accessible

Woods Edge Apartments

109 Hillpine Road, Columbia, South Carolina 29212

bed 1
payment Subsidized

Carriage House of Columbia Apartments

110 Amsterdam Drive, Columbia, South Carolina 29210

bed 1-3
payment Subsidized

River Oaks Apartments

5324 Bush River Rd, Columbia, South Carolina 29212

bed 1-3
payment Subsidized
accessibility Accessible

Gable Oaks

901 Colleton St, Columbia, South Carolina 29203

bed 1-3
payment Subsidized
accessibility Accessible

Arcadia Park

2400 Kneece Rd, Columbia, South Carolina 29223

bed 1-3
switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers
payment Income Based
accessibility Accessible
Rent observations may change. We encourage users to verify rents and eligiblity requirements directly with the property.

Email Signup
Don't Miss A Waiting List Opening