FY2027 Small Area FMR · Wallace, SC

ZIP 29596 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 29596 (Wallace, SC) is $1,010 a month, down 3.8% from FY2026. That is 14% above the Marlboro County, SC area-wide FMR of $885.

2-bedroom SAFMR$1,010per month ▼ 3.8%

Area-wide 2 BR FMR$885Marlboro County, SC

Rank in the area2ndof 7 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$770▼ 3.8%

1 BR$770▼ 3.8%

2 BR$1,010▼ 3.8%

3 BR$1,200▼ 4.8%

4 BR$1,690▼ 2.3%

FY2027 FY2026

Where 29596 sits in the Marlboro County, SC area

Of the 7 ZIP codes HUD lists for the area, 29596 has the 2nd highest two-bedroom Small Area FMR. Marlboro 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 $885 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	$770	$693 – $847	$672	$800
1 bedroom	$770	$693 – $847	$677	$800
2 bedrooms	$1,010	$909 – $1,111	$885	$1,050
3 bedrooms	$1,200	$1,080 – $1,320	$1,054	$1,260
4 bedrooms	$1,690	$1,521 – $1,859	$1,479	$1,730

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 $57,300 and the 80% low-income limit for four people is $59,700. ZIP code 29596 lies mainly in Marlboro County. See the Marlboro County, SC county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
29520	Cheraw	7.1 mi	$940
28102	Mc Farlan	9.6 mi	$1,160
29512	Bennettsville	10.8 mi	$890
28330	Cordova	11.4 mi	$1,050
28345	Hamlet	12.8 mi	$1,010
28119	Morven	12.9 mi	$1,240

Questions

What is the Fair Market Rent for ZIP code 29596?

HUD's FY2027 Small Area Fair Market Rents for 29596 are $770 (studio), $770 (1 BR), $1,010 (2 BR), $1,200 (3 BR) and $1,690 (4 BR) a month.

What is the Section 8 payment standard in 29596?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 29596 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 29596?

The FY2026 income limits of the Marlboro County, SC area apply: median family income $57,300, low-income (80%) limit $59,700 for a family of four.