FY2027 Small Area FMR · North Myrtle Beach, SC

ZIP 29598 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 29598 (North Myrtle Beach, SC) is $1,500 a month, up 2.0% from FY2026. That is 0% equal to the Myrtle Beach-North Myrtle Beach-Conway, SC area-wide FMR of $1,504.

2-bedroom SAFMR$1,500per month ▲ 2.0%

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

Rank in the area8thof 21 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,350

2 BR Small Area FMR$1,500

110% of SAFMR$1,650

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

Studio$1,150■ 0.0%

1 BR$1,250▲ 1.6%

2 BR$1,500▲ 2.0%

3 BR$1,820▲ 0.6%

4 BR$1,980▼ 6.6%

FY2027 FY2026

Where 29598 sits in the Myrtle Beach-North Myrtle Beach-Conway, SC area

Of the 21 ZIP codes HUD lists for the area, 29598 has the 8th 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 $1,500 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	$1,150	$1,035 – $1,265	$1,155	$1,150
1 bedroom	$1,250	$1,125 – $1,375	$1,258	$1,230
2 bedrooms	$1,500	$1,350 – $1,650	$1,504	$1,470
3 bedrooms	$1,820	$1,638 – $2,002	$1,823	$1,810
4 bedrooms	$1,980	$1,782 – $2,178	$1,981	$2,120

A household renting a two-bedroom home at the Small Area FMR of $1,500 needs about $60,000 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 29598 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	1.8 mi	$1,550
29566	Little River	4.1 mi	$1,730
29572	Myrtle Beach	6.8 mi	$1,500
29568	Longs	7.9 mi	$1,870
28467	Calabash	8.7 mi	$1,710
28468	Sunset Beach	10.9 mi	$1,610

Questions

What is the Fair Market Rent for ZIP code 29598?

HUD's FY2027 Small Area Fair Market Rents for 29598 are $1,150 (studio), $1,250 (1 BR), $1,500 (2 BR), $1,820 (3 BR) and $1,980 (4 BR) a month.

What is the Section 8 payment standard in 29598?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 29598 that range is $1,350 to $1,650 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 29598?

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.