FY2027 Small Area FMR · Summerville, SC

ZIP 29483 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 29483 (Summerville, SC) is $1,580 a month, up 4.6% from FY2026. That is 16% below the Charleston-North Charleston, SC area-wide FMR of $1,884.

2-bedroom SAFMR$1,580per month ▲ 4.6%

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

Rank in the area41stof 62 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,422

2 BR Small Area FMR$1,580

110% of SAFMR$1,738

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

Studio$1,390▲ 5.3%

1 BR$1,450▲ 5.1%

2 BR$1,580▲ 4.6%

3 BR$1,960▲ 4.3%

4 BR$2,250▲ 4.2%

FY2027 FY2026

Where 29483 sits in the Charleston-North Charleston, SC area

Of the 62 ZIP codes HUD lists for the area, 29483 has the 41st 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 $1,422 and $1,738 for two bedrooms.

All unit sizes

Monthly gross rent including utilities
Unit	FY2027 SAFMR	Payment standard range	Area-wide FMR	FY2026 SAFMR
Studio	$1,390	$1,251 – $1,529	$1,661	$1,320
1 bedroom	$1,450	$1,305 – $1,595	$1,731	$1,380
2 bedrooms	$1,580	$1,422 – $1,738	$1,884	$1,510
3 bedrooms	$1,960	$1,764 – $2,156	$2,336	$1,880
4 bedrooms	$2,250	$2,025 – $2,475	$2,687	$2,160

A household renting a two-bedroom home at the Small Area FMR of $1,580 needs about $63,200 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 29483 lies mainly in Dorchester County, Berkeley County and Charleston 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
29486	Summerville	2.7 mi	$2,000
29456	Ladson	6.3 mi	$1,890
29485	Summerville	7.6 mi	$1,860
29472	Ridgeville	8.3 mi	$1,430
29420	North Charleston	9.9 mi	$1,850
29418	North Charleston	11.4 mi	$1,620

Questions

What is the Fair Market Rent for ZIP code 29483?

HUD's FY2027 Small Area Fair Market Rents for 29483 are $1,390 (studio), $1,450 (1 BR), $1,580 (2 BR), $1,960 (3 BR) and $2,250 (4 BR) a month.

What is the Section 8 payment standard in 29483?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 29483 that range is $1,422 to $1,738 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 29483?

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.