Location: Dillon County, SC | Metro: Dillon County, SC
| Unit Size | Monthly FMR |
|---|---|
| Studio | $730 |
| 1 Bedroom | $820 |
| 2 Bedrooms | $900 |
| 3 Bedrooms | $1,200 |
| 4 Bedrooms | $1,370 |
| 5 Bedrooms | $1,589 |
| 6 Bedrooms | $1,780 |
| 7 Bedrooms | $1,922 |
| 8 Bedrooms | $2,018 |
U.S. Census Bureau data (2024)
The analysis of ZIP code 29543 within the Dillon County, SC metro area reveals several key points regarding its suitability for Section 8 real-estate investment.
The rent math does not work in favor of Section 8 properties in this ZIP code. The Fair Market Rent (FMR) for the metro area in fiscal year 2026 is set at $900, but there is insufficient data on the market rent for direct comparison. This gap suggests that landlords might struggle to find profitability if they must adhere strictly to the FMR guidelines without knowing the local market rates.
Regarding property acquisition, the affordability is unclear due to the lack of specific data on the median home value, days on market (DOM), and the percentage of homes that require price cuts. Without these figures, it's challenging to determine whether buying properties in this area would be cost-effective for investors.
Tenant demand is also questionable. The ZIP code has a population of 415, with only 4.9% being renters. This low percentage indicates a limited pool of potential tenants who might rely on Section 8 vouchers, which could make it difficult to fill units and sustain occupancy levels.
Verdict: ZIP code 29543 presents significant challenges for Section 8 real-estate investment. With unclear rent math, uncertain acquisition costs, and minimal tenant demand, this area is not recommended for landlords and small-portfolio investors looking to enter the Section 8 housing market.
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.