FY2027 Small Area FMR · Moncks Corner, SC

ZIP 29461 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 29461 (Moncks Corner, SC) is $1,570 a month, up 7.5% from FY2026. That is 17% below the Charleston-North Charleston, SC area-wide FMR of $1,884.

2-bedroom SAFMR$1,570per month ▲ 7.5%

Area-wide 2 BR FMR$1,884Charleston-North Charleston,

Rank in the area43rdof 62 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,413

2 BR Small Area FMR$1,570

110% of SAFMR$1,727

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

Studio$1,380▲ 8.7%

1 BR$1,440▲ 8.3%

2 BR$1,570▲ 7.5%

3 BR$1,950▲ 7.1%

4 BR$2,240▲ 7.2%

FY2027 FY2026

Where 29461 sits in the Charleston-North Charleston, SC area

Of the 62 ZIP codes HUD lists for the area, 29461 has the 43rd highest two-bedroom Small Area FMR. Charleston-North Charleston, SC is one of the 65 metro areas where HUD requires Small Area FMRs for the Housing Choice Voucher program (designated 2023), so local housing agencies must set payment standards from this ZIP code's figure, normally between $1,413 and $1,727 for two bedrooms.

All unit sizes

Monthly gross rent including utilities
Unit	FY2027 SAFMR	Payment standard range	Area-wide FMR	FY2026 SAFMR
Studio	$1,380	$1,242 – $1,518	$1,661	$1,270
1 bedroom	$1,440	$1,296 – $1,584	$1,731	$1,330
2 bedrooms	$1,570	$1,413 – $1,727	$1,884	$1,460
3 bedrooms	$1,950	$1,755 – $2,145	$2,336	$1,820
4 bedrooms	$2,240	$2,016 – $2,464	$2,687	$2,090

A household renting a two-bedroom home at the Small Area FMR of $1,570 needs about $62,800 a year to keep housing costs at 30% of income. The area median family income is $117,500 and the 80% low-income limit for four people is $94,000. ZIP code 29461 lies mainly in Berkeley County. See the Charleston-North Charleston, SC metro page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
29469	Pinopolis	7.2 mi	$1,450
29434	Cordesville	9.6 mi	$1,490
29431	Bonneau	11.0 mi	$1,350
29445	Goose Creek	11.5 mi	$1,820
29483	Summerville	12.3 mi	$1,580
29456	Ladson	13.5 mi	$1,890

Questions

What is the Fair Market Rent for ZIP code 29461?

HUD's FY2027 Small Area Fair Market Rents for 29461 are $1,380 (studio), $1,440 (1 BR), $1,570 (2 BR), $1,950 (3 BR) and $2,240 (4 BR) a month.

What is the Section 8 payment standard in 29461?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 29461 that range is $1,413 to $1,727 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 29461?

The FY2026 income limits of the Charleston-North Charleston, SC area apply: median family income $117,500, low-income (80%) limit $94,000 for a family of four.