FY2027 Small Area FMR · Columbia, SC

ZIP 29229 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 29229 (Columbia, SC) is $1,650 a month, down 6.8% from FY2026. That is 35% above the Columbia, SC area-wide FMR of $1,226.

2-bedroom SAFMR$1,650per month ▼ 6.8%

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

Rank in the area4thof 78 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,485

2 BR Small Area FMR$1,650

110% of SAFMR$1,815

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

Studio$1,330▼ 7.0%

1 BR$1,520▼ 5.6%

2 BR$1,650▼ 6.8%

3 BR$2,080▼ 7.6%

4 BR$2,390▼ 9.8%

FY2027 FY2026

Where 29229 sits in the Columbia, SC area

Of the 78 ZIP codes HUD lists for the area, 29229 has the 4th 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 $1,650 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	$1,330	$1,197 – $1,463	$992	$1,430
1 bedroom	$1,520	$1,368 – $1,672	$1,126	$1,610
2 bedrooms	$1,650	$1,485 – $1,815	$1,226	$1,770
3 bedrooms	$2,080	$1,872 – $2,288	$1,546	$2,250
4 bedrooms	$2,390	$2,151 – $2,629	$1,754	$2,650

A household renting a two-bedroom home at the Small Area FMR of $1,650 needs about $66,000 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 29229 lies mainly in Richland 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
29223	Columbia	3.3 mi	$1,320
29045	Elgin	6.2 mi	$1,330
29207	Columbia	7.2 mi	$1,270
29016	Blythewood	7.3 mi	$1,340
29206	Columbia	8.3 mi	$1,430
29203	Columbia	8.6 mi	$1,200

Questions

What is the Fair Market Rent for ZIP code 29229?

HUD's FY2027 Small Area Fair Market Rents for 29229 are $1,330 (studio), $1,520 (1 BR), $1,650 (2 BR), $2,080 (3 BR) and $2,390 (4 BR) a month.

What is the Section 8 payment standard in 29229?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 29229 that range is $1,485 to $1,815 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 29229?

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.