Affordable Apartments in Greenville and Upstate SC: Not Income Based, Yet Accessibly Priced
While the phrase "income-based housing" typically conjures images of government-subsidized programs designed for low-income households, NOAH Property Management operates on a different model—one that is affordable by design but not strictly income-based. Our goal is to provide housing options in Greenville, SC, and surrounding areas like Spartanburg, Mauldin, Anderson, and Easley, that are economically accessible to a broader audience, particularly those who find themselves squeezed out of traditional assistance programs yet still impacted by high living costs. If that sounds like you, we have a solution.
Affordable, Not Low-Income
It's important to clarify that when we say our housing is affordable, we do not mean low-income housing or subsidized by programs like LIHTC (Low-Income Housing Tax Credit). Instead, NOAH focuses on offering apartments priced below market value, specifically targeting rents that are generally between 60-80% of the Area Median Income (AMI). For example, 60% AMI for a 3-person household in our region is approximately $47,910, while 80% AMI is about $63,850. This approach ensures we serve the community by providing housing that’s attainable without being burdensome.
Explore Your Perfect Home with Us: Ready to find your ideal living space? At NOAH, we offer more than 20 apartment options throughout Greenville and Upstate SC that are affordable, safe, and well-maintained—just as every home should be. Whether you're looking for a cozy studio, a spacious 1-bedroom, a versatile 2-bedroom, or a large 3-bedroom apartment, we have something to fit every lifestyle and need. Each unit is priced below market value, ensuring that quality living is within your reach. Start your search today and discover how easy it is to find a place you'll love to call home.
Financial Health Through Housing
At NOAH, our commitment to affordable housing goes beyond just providing low-cost options. By adhering to financial guidelines that prevent housing burden—ensuring housing expenses do not exceed 30% of take-home pay and requiring that tenants earn 2-3 times their rent—we protect our tenants from financial strain and safeguard the sustainability of our properties. This approach not only meets general affordability criteria but also supports the financial well-being of our community. By choosing NOAH, you are stepping into a living space that supports your financial health and contributes to a stable, thriving community. Explore our diverse range of apartments—from studios to three-bedrooms—and find your affordable, safe, and welcoming new home today.
Serving the Community Below Market Rate
NOAH Property Management has the privilege of setting rents not at what the market could bear at its peak but slightly underneath. This strategy is a deliberate choice to support the community by making living spaces more accessible and preventing financial strain among our tenants. It reflects our commitment to fostering a community where financial stability is within reach for more individuals and families. We are able to do this with the support of our community partners, who play a crucial role in our mission.
NOAH’s Commitment to Affordability
- Flexible Payment Options: We offer Flex Pay to provide tenants with the ability to manage their rental payments more flexibly, adapting to their financial situations.
- Positive Credit Impact: Our rent reporting practices help tenants build and improve their credit scores, which is crucial for long-term financial health.
- Community Engagement: We actively foster a community environment through events and initiatives, ensuring our properties are more than just places to live—they are places to thrive.
Who Benefits from NOAH’s Approach?
Our properties are ideally suited for:
- Young professionals and families looking for affordable apartments for rent in Greenville, SC, or in nearby areas.
- Those in search of, what some would call, cheap 1-bedroom apartments in Greenville, SC, or affordable 2-bedroom apartments.
- Seniors and individuals on fixed incomes seeking cost-effective living solutions near essential services.
In essence, NOAH Property Management offers a model of affordable housing that transcends the traditional boundaries of income-based programs. We provide a pathway to housing that is affordable, supportive, and aligned with the financial wellbeing of our tenants and the broader community. Our approach is not just about offering lower rents; it's about uplifting and empowering the community by making affordability a core tenet of our mission.
