Location: Georgetown County, SC | Metro: Georgetown County, SC
| Unit Size | Monthly FMR |
|---|---|
| Studio | $840 |
| 1 Bedroom | $890 |
| 2 Bedrooms | $1,160 |
| 3 Bedrooms | $1,380 |
| 4 Bedrooms | $1,940 |
| 5 Bedrooms | $2,250 |
| 6 Bedrooms | $2,520 |
| 7 Bedrooms | $2,722 |
| 8 Bedrooms | $2,858 |
The ZIP code 29442, located in Georgetown County, SC, presents unique challenges and opportunities for inclusion in a Section 8 portfolio strategy. Given the lack of specific real estate market data such as median home value and median income, it is essential to focus on what is available: the Fair Market Rent (FMR).
In FY 2026, the FMR for a one-bedroom apartment in the 29442 ZIP code is set at $1,200. This figure serves as a critical benchmark for landlords participating in the Section 8 Housing Choice Voucher program. However, the absence of comparable market data means that 29442 cannot be easily categorized as a cash-flow anchor, appreciation play, or diversifier.
Despite these limitations, 29442 can still be considered a cash-flow anchor. The FMR of $1,200 provides a stable, government-backed rental income stream, which is particularly valuable in an area where market rents might fluctuate or be less predictable. By anchoring a portion of their portfolio in this ZIP code, landlords can ensure a steady revenue flow, reducing financial risk and providing a foundation for more speculative investments elsewhere.
It's important to note that the FMR does not reflect the actual market conditions, as there is no data available for median home values or median incomes. Therefore, landlords should be cautious about relying solely on Section 8 tenants in 29442 and consider the broader economic context of the region.
Data Sources: FMR data from HUD (2027).
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.