FY2027 Small Area FMR · Horatio, SC

ZIP 29062 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 29062 (Horatio, SC) is $1,170 a month, up 4.5% from FY2026. That is 13% below the Sumter, SC area-wide FMR of $1,338.

2-bedroom SAFMR$1,170per month ▲ 4.5%

Area-wide 2 BR FMR$1,338Sumter, SC

Rank in the area9thof 17 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,053

2 BR Small Area FMR$1,170

110% of SAFMR$1,287

Housing agencies may set voucher payment standards anywhere from 90% to 110% of the FMR without asking HUD.

Studio$860▲ 3.6%

1 BR$960▲ 4.3%

2 BR$1,170▲ 4.5%

3 BR$1,420▲ 3.6%

4 BR$1,740▲ 5.5%

FY2027 FY2026

Where 29062 sits in the Sumter, SC area

Of the 17 ZIP codes HUD lists for the area, 29062 has the 9th highest two-bedroom Small Area FMR. Sumter, 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 $1,338 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,170 for this ZIP code instead.

All unit sizes

Monthly gross rent including utilities
Unit	FY2027 SAFMR	Payment standard range	Area-wide FMR	FY2026 SAFMR
Studio	$860	$774 – $946	$932	$830
1 bedroom	$960	$864 – $1,056	$1,023	$920
2 bedrooms	$1,170	$1,053 – $1,287	$1,338	$1,120
3 bedrooms	$1,420	$1,278 – $1,562	$1,594	$1,370
4 bedrooms	$1,740	$1,566 – $1,914	$2,060	$1,650

A household renting a two-bedroom home at the Small Area FMR of $1,170 needs about $46,800 a year to keep housing costs at 30% of income. The area median family income is $74,200 and the 80% low-income limit for four people is $59,700. ZIP code 29062 lies mainly in Sumter County. See the Sumter, SC county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
29044	Eastover	7.5 mi	$1,150
29128	Rembert	7.7 mi	$1,250
29152	Shaw Afb	8.2 mi	$1,720
29040	Dalzell	10.4 mi	$1,320
29168	Wedgefield	11.4 mi	$1,330
29154	Sumter	12.5 mi	$1,440

Questions

What is the Fair Market Rent for ZIP code 29062?

HUD's FY2027 Small Area Fair Market Rents for 29062 are $860 (studio), $960 (1 BR), $1,170 (2 BR), $1,420 (3 BR) and $1,740 (4 BR) a month.

What is the Section 8 payment standard in 29062?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 29062 that range is $1,053 to $1,287 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 29062?

The FY2026 income limits of the Sumter, SC area apply: median family income $74,200, low-income (80%) limit $59,700 for a family of four.