Location: Kershaw County, SC | Metro: Lancaster County, SC HUD Metro FMR Area
Based on 1% Rule: A+ (≥1.5%) | A (≥1.2%) | B (≥1.0%) | C (≥0.8%) | D (≥0.6%) | F (<0.6%)
| Unit Size | Monthly FMR |
|---|---|
| Studio | $830 |
| 1 Bedroom | $860 |
| 2 Bedrooms | $940 |
| 3 Bedrooms | $1,250 |
| 4 Bedrooms | $1,540 |
| 5 Bedrooms | $1,786 |
| 6 Bedrooms | $2,000 |
| 7 Bedrooms | $2,160 |
| 8 Bedrooms | $2,268 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-07-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $940 | $171,078 | 0.55% | F |
| 3BR | $1,250 | $228,238 | 0.55% | F |
| 4BR | $1,540 | $293,868 | 0.52% | F |
U.S. Census Bureau data (2024)
ZIP code 29067, located in Kershaw, SC, falls within the Kershaw County, SC HUD Metro FMR Area. The Fair Market Rent (FMR) for ZIP 29067 in fiscal year 2024 is set at $1000. This figure is crucial for landlords participating in the Section 8 program as it determines the maximum rental assistance payment standards.
The market rent in 29067 stands at $831, which is below the FMR of $1000. This suggests that landlords can still attract tenants without relying solely on Section 8 subsidies, indicating a potentially balanced market where both subsidized and unsubsidized renters can find suitable housing.
The median home value in 29067 is $187,598. This is a key metric for assessing the overall cost of living and property investment potential. When compared to other ZIP codes within Kershaw County, this home value could be considered average or slightly above average, depending on the specific distribution of home values across the county.
The renter share in 29067 is 22.9%, which is a significant portion of the population but not exceptionally high when considering typical metropolitan areas. However, the combination of a relatively high renter share and a below-average home value within the county might suggest that 29067 could be a sweet spot for Section 8 participation. Landlords here may benefit from a larger pool of potential tenants who qualify for rental assistance, while also maintaining competitive property values.
To determine if 29067 is a value pocket, a mid-tier neighborhood, or a premium sub-market, we must consider how these metrics compare to the broader Kershaw County, SC HUD Metro FMR Area. If the county's average FMR, market rent, and home value are higher than those in 29067, then 29067 would likely be categorized as a value pocket. Conversely, if these figures are generally lower across the county, 29067 could be seen as a mid-tier or even premium sub-market, offering good value for investment with a healthy mix of renters and homeowners.
Given the specific figures, ZIP 29067 appears to be a value pocket within its metro area. Its below-FMR market rent and median home value, coupled with a substantial renter share, indicate a location where Section 8 properties can be rented out competitively while still providing landlords with reasonable returns on their investments.
Data Sources: FMR data from HUD (2027). Median home prices from Zillow (2026-07-31). Demographics from U.S. Census (2024).
About FMR: Fair Market Rent (FMR) is used to determine payment standards for the Section 8 Housing Choice Voucher program, initial renewal rents for some expiring project-based Section 8 contracts, and rent ceilings for HOME Investment Partnerships.