Location: Laurens County, SC | Metro: Laurens 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 | $900 |
| 1 Bedroom | $950 |
| 2 Bedrooms | $1,150 |
| 3 Bedrooms | $1,370 |
| 4 Bedrooms | $1,610 |
| 5 Bedrooms | $1,868 |
| 6 Bedrooms | $2,092 |
| 7 Bedrooms | $2,259 |
| 8 Bedrooms | $2,372 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-07-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $1,150 | $124,985 | 0.92% | C |
| 3BR | $1,370 | $218,405 | 0.63% | D |
U.S. Census Bureau data (2024)
The Fair Market Rent (FMR) for ZIP code 29325, Clinton, SC, for fiscal year 2024 is set at $990. This figure represents the maximum amount that a landlord can charge for rent under the Section 8 Housing Choice Voucher program. It's important to note that this is not the rent you will receive; rather, it's the benchmark used by the government to determine the maximum allowable rent for subsidized housing.
In comparison, the average rent for the same area, according to the Census Bureau's American Community Survey (ACS), is $914. This suggests that the FMR is slightly higher than the market average, which could be beneficial for landlords participating in the Section 8 program as it provides a cushion against potential market fluctuations.
The renter share in Clinton, SC, stands at 33.5%. This indicates that a significant portion of the population relies on renting, creating a steady demand for rental properties. Given the FMR of $990, landlords can expect a consistent stream of tenants who qualify for assistance through the Section 8 program.
When considering the acquisition cost of a property, the median home value in Clinton, SC, is approximately $164,392. This figure can help inform your investment decisions, allowing you to calculate potential returns and ensure that the property's value aligns with your financial goals.
Before proceeding with a Section 8 rental, it is crucial to verify that your property meets all the necessary requirements for the program. Specifically, ensure that your property passes the Housing Quality Standards (HQS) inspection. This inspection evaluates the condition of your rental unit to confirm it is safe, decent, and sanitary, adhering to the standards set by the Department of Housing and Urban Development (HUD).
By understanding these key figures and ensuring compliance with HQS, you can make an informed decision about adding a Section 8 rental to your portfolio in Clinton, SC.
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.