Location: Beaufort County, SC | Metro: Beaufort County, SC HUD Metro FMR Area
| Unit Size | Monthly FMR |
|---|---|
| Studio | $1,770 |
| 1 Bedroom | $1,840 |
| 2 Bedrooms | $2,010 |
| 3 Bedrooms | $2,390 |
| 4 Bedrooms | $2,880 |
| 5 Bedrooms | $3,341 |
| 6 Bedrooms | $3,742 |
| 7 Bedrooms | $4,041 |
| 8 Bedrooms | $4,243 |
The ZIP code 29925, located within the Beaufort County, SC HUD Metro FMR Area, has a Fair Market Rent (FMR) of $1650 for fiscal year 2024. This figure serves as a benchmark for rental costs but does not provide complete information on the local market dynamics without comparing it to the broader county context.
In Beaufort County, the typical HUD Metro FMR Area ZIP codes have varying FMRs, market rents, and home values, which can be used to gauge the relative position of ZIP 29925. However, the specific market rent and home value data for 29925 are currently unavailable. The lack of a reported renter share percentage further complicates a direct comparison, making it difficult to assess the proportion of renters to homeowners.
Given that the FMR of $1650 is a fixed amount set by HUD, we can infer that ZIP 29925 is likely a value pocket within its metro area if the actual market rents are higher than the FMR. This would mean that landlords could potentially offer properties at or near the FMR while still maintaining competitive occupancy rates, especially if the area is attractive to low-income tenants who qualify for Section 8 assistance.
A high renter share percentage in conjunction with lower-than-metro average home values typically indicates a sweet spot for Section 8 housing, where there is a significant demand from renters and relatively affordable property prices. However, since the renter share percentage is not available for ZIP 29925, we cannot confirm this scenario. Landlords should consider conducting a thorough analysis of the local rental market to understand the potential for Section 8 tenancy and profitability.
To determine the exact nature of ZIP 29925 within the Beaufort County, SC HUD Metro FMR Area, landlords and investors must rely on additional data points such as local rental trends, property management costs, and tenant demographics. This will help in identifying whether the ZIP code represents a value pocket, a mid-tier neighborhood, or a premium sub-market.
For a more precise assessment, landlords and investors should consult recent market reports or reach out to local real estate professionals to fill in the missing data points regarding market rent, home value, and renter share percentages. This information will be crucial in making informed decisions about investment opportunities and rental strategies in ZIP 29925.
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.