FY2027 Small Area FMR · Coward, SC

ZIP 29530 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 29530 (Coward, SC) is $1,010 a month, up 5.2% from FY2026. That is 10% below the Florence, SC area-wide FMR of $1,121.

2-bedroom SAFMR$1,010per month ▲ 5.2%

Area-wide 2 BR FMR$1,121Florence, SC

Rank in the area9thof 14 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$909

2 BR Small Area FMR$1,010

110% of SAFMR$1,111

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

Studio$860▲ 10.3%

1 BR$860▲ 10.3%

2 BR$1,010▲ 5.2%

3 BR$1,300▲ 5.7%

4 BR$1,430▲ 8.3%

FY2027 FY2026

Where 29530 sits in the Florence, SC area

Of the 14 ZIP codes HUD lists for the area, 29530 has the 9th highest two-bedroom Small Area FMR. Florence, 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 $1,121 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,010 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	$982	$780
1 bedroom	$860	$774 – $946	$987	$780
2 bedrooms	$1,010	$909 – $1,111	$1,121	$960
3 bedrooms	$1,300	$1,170 – $1,430	$1,444	$1,230
4 bedrooms	$1,430	$1,287 – $1,573	$1,545	$1,320

A household renting a two-bedroom home at the Small Area FMR of $1,010 needs about $40,400 a year to keep housing costs at 30% of income. The area median family income is $79,300 and the 80% low-income limit for four people is $63,450. ZIP code 29530 lies mainly in Florence County. See the Florence, SC county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
29591	Scranton	4.2 mi	$1,010
29541	Effingham	4.8 mi	$1,200
29505	Florence	9.7 mi	$1,370
29583	Pamplico	9.8 mi	$1,010
29114	Olanta	11.4 mi	$1,010
29560	Lake City	11.6 mi	$1,010

Questions

What is the Fair Market Rent for ZIP code 29530?

HUD's FY2027 Small Area Fair Market Rents for 29530 are $860 (studio), $860 (1 BR), $1,010 (2 BR), $1,300 (3 BR) and $1,430 (4 BR) a month.

What is the Section 8 payment standard in 29530?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 29530 that range is $909 to $1,111 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 29530?

The FY2026 income limits of the Florence, SC area apply: median family income $79,300, low-income (80%) limit $63,450 for a family of four.