FY2027 Small Area FMR · Lockhart, SC

ZIP 29364 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 29364 (Lockhart, SC) is $1,130 a month, up 7.6% from FY2026. That is 13% above the Union County, SC area-wide FMR of $1,003.

2-bedroom SAFMR$1,130per month ▲ 7.6%

Area-wide 2 BR FMR$1,003Union County, SC

Rank in the area2ndof 9 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,017

2 BR Small Area FMR$1,130

110% of SAFMR$1,243

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

Studio$860▲ 8.9%

1 BR$860▲ 7.5%

2 BR$1,130▲ 7.6%

3 BR$1,450▲ 13.3%

4 BR$1,490▲ 7.2%

FY2027 FY2026

Where 29364 sits in the Union County, SC area

Of the 9 ZIP codes HUD lists for the area, 29364 has the 2nd highest two-bedroom Small Area FMR. Union 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 $1,003 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,130 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	$762	$790
1 bedroom	$860	$774 – $946	$767	$800
2 bedrooms	$1,130	$1,017 – $1,243	$1,003	$1,050
3 bedrooms	$1,450	$1,305 – $1,595	$1,286	$1,280
4 bedrooms	$1,490	$1,341 – $1,639	$1,318	$1,390

A household renting a two-bedroom home at the Small Area FMR of $1,130 needs about $45,200 a year to keep housing costs at 30% of income. The area median family income is $63,100 and the 80% low-income limit for four people is $59,700. ZIP code 29364 lies mainly in Union County. See the Union County, SC county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
29742	Sharon	8.7 mi	$1,350
29379	Union	9.6 mi	$1,010
29353	Jonesville	11.1 mi	$940
29717	Hickory Grove	13.1 mi	$1,320
29706	Chester	13.8 mi	$1,020
29031	Carlisle	14.9 mi	$1,180

Questions

What is the Fair Market Rent for ZIP code 29364?

HUD's FY2027 Small Area Fair Market Rents for 29364 are $860 (studio), $860 (1 BR), $1,130 (2 BR), $1,450 (3 BR) and $1,490 (4 BR) a month.

What is the Section 8 payment standard in 29364?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 29364 that range is $1,017 to $1,243 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 29364?

The FY2026 income limits of the Union County, SC area apply: median family income $63,100, low-income (80%) limit $59,700 for a family of four.