FY2027 Small Area FMR · Little River, SC

ZIP 29566 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 29566 (Little River, SC) is $1,730 a month, up 8.8% from FY2026. That is 15% above the Myrtle Beach-North Myrtle Beach-Conway, SC area-wide FMR of $1,504.

2-bedroom SAFMR$1,730per month ▲ 8.8%

Area-wide 2 BR FMR$1,504Myrtle Beach-North Myrtle Be

Rank in the area3rdof 21 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,557

2 BR Small Area FMR$1,730

110% of SAFMR$1,903

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

Studio$1,330▲ 7.3%

1 BR$1,450▲ 9.0%

2 BR$1,730▲ 8.8%

3 BR$2,100▲ 7.1%

4 BR$2,280▼ 0.4%

FY2027 FY2026

Where 29566 sits in the Myrtle Beach-North Myrtle Beach-Conway, SC area

Of the 21 ZIP codes HUD lists for the area, 29566 has the 3rd highest two-bedroom Small Area FMR. Myrtle Beach-North Myrtle Beach-Conway, 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 $1,504 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,730 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	$1,155	$1,240
1 bedroom	$1,450	$1,305 – $1,595	$1,258	$1,330
2 bedrooms	$1,730	$1,557 – $1,903	$1,504	$1,590
3 bedrooms	$2,100	$1,890 – $2,310	$1,823	$1,960
4 bedrooms	$2,280	$2,052 – $2,508	$1,981	$2,290

A household renting a two-bedroom home at the Small Area FMR of $1,730 needs about $69,200 a year to keep housing costs at 30% of income. The area median family income is $86,000 and the 80% low-income limit for four people is $68,800. ZIP code 29566 lies mainly in Horry County. See the Myrtle Beach-North Myrtle Beach-Conway, SC county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
29582	North Myrtle Beach	2.8 mi	$1,550
28467	Calabash	4.9 mi	$1,710
29568	Longs	6.0 mi	$1,870
28468	Sunset Beach	8.2 mi	$1,610
29572	Myrtle Beach	10.1 mi	$1,500
28452	Longwood	10.3 mi	$1,290

Questions

What is the Fair Market Rent for ZIP code 29566?

HUD's FY2027 Small Area Fair Market Rents for 29566 are $1,330 (studio), $1,450 (1 BR), $1,730 (2 BR), $2,100 (3 BR) and $2,280 (4 BR) a month.

What is the Section 8 payment standard in 29566?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 29566 that range is $1,557 to $1,903 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 29566?

The FY2026 income limits of the Myrtle Beach-North Myrtle Beach-Conway, SC area apply: median family income $86,000, low-income (80%) limit $68,800 for a family of four.