FY2027 Small Area FMR · Cope, SC
ZIP 29038 Fair Market Rent & Payment Standards
HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 29038 (Cope, SC) is $890 a month, down 1.1% from FY2026. That is 0% equal to the Bamberg County, SC area-wide FMR of $889.
Payment standard range, 2 bedrooms
Housing agencies may set voucher payment standards anywhere from 90% to 110% of the FMR without asking HUD.
FY2027 FY2026
Where 29038 sits in the Bamberg County, SC area
Of the 9 ZIP codes HUD lists for the area, 29038 has the 7th highest two-bedroom Small Area FMR. Bamberg County, SC is not on HUD's list of mandatory Small Area FMR areas, so voucher payment standards here are normally based on the area-wide FMR of $889 for two bedrooms; an agency that opts in to Small Area FMRs would use $890 for this ZIP code instead.
ZIP code 29038 crosses more than one HUD area. HUD also lists it under Orangeburg County, SC (same figures). The figure that applies depends on which side of the line the home is.
All unit sizes
| Unit | FY2027 SAFMR | Payment standard range | Area-wide FMR | FY2026 SAFMR |
|---|---|---|---|---|
| Studio | $640 | $576 – $704 | $646 | $710 |
| 1 bedroom | $730 | $657 – $803 | $680 | $740 |
| 2 bedrooms | $890 | $801 – $979 | $889 | $900 |
| 3 bedrooms | $1,070 | $963 – $1,177 | $1,099 | $1,180 |
| 4 bedrooms | $1,160 | $1,044 – $1,276 | $1,168 | $1,190 |
A household renting a two-bedroom home at the Small Area FMR of $890 needs about $35,600 a year to keep housing costs at 30% of income. The area median family income is $63,200 and the 80% low-income limit for four people is $59,700. ZIP code 29038 lies mainly in Orangeburg County. See the Bamberg County, SC county page for the full income limits table and the household check.
Nearby ZIP codes
Questions
What is the Fair Market Rent for ZIP code 29038?
HUD's FY2027 Small Area Fair Market Rents for 29038 are $640 (studio), $730 (1 BR), $890 (2 BR), $1,070 (3 BR) and $1,160 (4 BR) a month.
What is the Section 8 payment standard in 29038?
Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 29038 that range is $801 to $979 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.
Which income limits apply in 29038?
The FY2026 income limits of the Bamberg County, SC area apply: median family income $63,200, low-income (80%) limit $59,700 for a family of four.