FY2027 Small Area FMR · Lexington, SC

ZIP 29072 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 29072 (Lexington, SC) is $1,420 a month, down 0.7% from FY2026. That is 16% above the Columbia, SC area-wide FMR of $1,226.

2-bedroom SAFMR$1,420per month ▼ 0.7%

Area-wide 2 BR FMR$1,226Columbia, SC

Rank in the area10thof 78 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,278

2 BR Small Area FMR$1,420

110% of SAFMR$1,562

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

Studio$1,150▼ 0.9%

1 BR$1,300■ 0.0%

2 BR$1,420▼ 0.7%

3 BR$1,790▼ 1.6%

4 BR$2,030▼ 5.1%

FY2027 FY2026

Where 29072 sits in the Columbia, SC area

Of the 78 ZIP codes HUD lists for the area, 29072 has the 10th highest two-bedroom Small Area FMR. Columbia, 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 $1,226 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,420 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	$1,150	$1,035 – $1,265	$992	$1,160
1 bedroom	$1,300	$1,170 – $1,430	$1,126	$1,300
2 bedrooms	$1,420	$1,278 – $1,562	$1,226	$1,430
3 bedrooms	$1,790	$1,611 – $1,969	$1,546	$1,820
4 bedrooms	$2,030	$1,827 – $2,233	$1,754	$2,140

A household renting a two-bedroom home at the Small Area FMR of $1,420 needs about $56,800 a year to keep housing costs at 30% of income. The area median family income is $92,400 and the 80% low-income limit for four people is $73,900. ZIP code 29072 lies mainly in Lexington County. See the Columbia, SC metro page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
29212	Columbia	6.8 mi	$1,430
29054	Gilbert	7.4 mi	$1,150
29073	Lexington	8.2 mi	$1,150
29170	West Columbia	8.8 mi	$1,150
29036	Chapin	9.8 mi	$1,820
29210	Columbia	10.2 mi	$1,290

Questions

What is the Fair Market Rent for ZIP code 29072?

HUD's FY2027 Small Area Fair Market Rents for 29072 are $1,150 (studio), $1,300 (1 BR), $1,420 (2 BR), $1,790 (3 BR) and $2,030 (4 BR) a month.

What is the Section 8 payment standard in 29072?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 29072 that range is $1,278 to $1,562 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 29072?

The FY2026 income limits of the Columbia, SC area apply: median family income $92,400, low-income (80%) limit $73,900 for a family of four.