Section 8 Fair Market Rent (FMR) for ZIP 29493 - 2027

Location: Colleton County, SC | Metro: Colleton County, SC

FY 2027 Fair Market Rent Rates

Unit Size	Monthly FMR
Studio	$740
1 Bedroom	$780
2 Bedrooms	$1,010
3 Bedrooms	$1,210
4 Bedrooms	$1,440
5 Bedrooms	$1,670
6 Bedrooms	$1,870
7 Bedrooms	$2,020
8 Bedrooms	$2,121

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population

156

Median Household Income

$N/A

Housing Units

Renter Percentage

7.1%

Occupancy Rate

87.5%

Renter Occupied

The ZIP code 29493, located in the heart of the South Carolina coastal region, offers a unique blend of suburban tranquility and access to urban amenities. This area is characterized by its growing population and increasing demand for affordable housing, making it a prime location for real estate investment.

The Fair Market Rent (FMR) for ZIP 29493 is set at $1,000 per month for the fiscal year 2026, reflecting the area's need for affordable rental options.
Renter share stands at 7.1%, indicating a significant portion of the local population relies on rental properties, which can be a stable source of income for landlords.
While specific data on market rent and median home values are currently unavailable, the area's proximity to urban centers suggests a potential for steady rental income growth.
The Days on Market (DOM) figure is also not available, but given the area's growing population, it is likely that rental properties are occupied relatively quickly.
The median income data is currently unavailable, but considering the area's economic mix, it is reasonable to assume a diverse range of incomes, which could support various rental price points.

Investors should take note of the strong demand for affordable housing, as indicated by the FMR and renter share. The potential for rental income growth, combined with quick property turnover, makes ZIP 29493 a promising market for both landlords and small-portfolio investors. Despite the lack of specific data on market rent, median home value, DOM, and median income, the overall trend suggests a favorable environment for real estate investments.

Data Sources: FMR data from HUD (2027). 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.