Location: Jasper County, SC | Metro: Beaufort 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 | $1,430 |
| 1 Bedroom | $1,500 |
| 2 Bedrooms | $1,640 |
| 3 Bedrooms | $1,960 |
| 4 Bedrooms | $2,450 |
| 5 Bedrooms | $2,842 |
| 6 Bedrooms | $3,183 |
| 7 Bedrooms | $3,438 |
| 8 Bedrooms | $3,610 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 3BR | $1,960 | $343,305 | 0.57% | F |
| 4BR | $2,450 | $385,583 | 0.64% | D |
U.S. Census Bureau data (2024)
The analysis of ZIP code 29936 reveals a mixed profile when it comes to yield and stability, making it neither a purely high-yield/low-stability flip-style market nor a steady-cashflow zone. Instead, it falls into a category that offers moderate potential for both.
To begin with the yield aspect, the Fair Market Rent (FMR) for the area in fiscal year 2024 is set at $1,320. This figure represents the maximum amount a landlord can charge for a rental unit under the Section 8 program. In comparison, the market rent stands at $1,929, indicating a premium over the FMR. However, the median home value in the area is notably higher at $318,921. This suggests that while there is a decent gap between FMR and market rents, the high home values might limit the number of units available for Section 8 tenants due to affordability concerns.
Moving onto stability, the ZIP code has a relatively low percentage of renters at 29.2%. This indicates that the majority of residents in the area own their homes, which can contribute to a stable community but also implies fewer opportunities for rental properties. The average daily days on market (DOM) data is not available, which makes it difficult to assess how quickly rental units are typically filled. Lastly, the median household income in the area is $48,986, which is a critical factor for determining the financial health of potential tenants and the overall demand for affordable housing options.
Given these figures, ZIP 29936 appears to offer a moderate yield opportunity for landlords participating in the Section 8 program. The difference between the FMR and market rent provides a reasonable margin, though the high median home value could impact the availability of units. On the stability axis, the low percentage of renters and limited DOM data suggest a less volatile market, but the income level indicates that there is still a segment of the population that would benefit from subsidized housing.
In conclusion, ZIP 29936 presents a balanced scenario where landlords can expect moderate returns without the risks associated with highly volatile markets. It is suitable for those seeking a middle ground between high-yield speculative investments and long-term steady cash flow properties.
Data Sources: FMR data from HUD (2027). Median home prices from Zillow (2026-08-31). 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.