FY2027 Small Area FMR · Ruby, SC
ZIP 29741 Fair Market Rent & Payment Standards
HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 29741 (Ruby, SC) is $900 a month, down 10.0% from FY2026. That is 2% above the Chesterfield County, SC area-wide FMR of $885.
Payment standard range, 2 bedrooms
Housing agencies may set voucher payment standards anywhere from 90% to 110% of the FMR without asking HUD.
FY2027 FY2026
Where 29741 sits in the Chesterfield County, SC area
Of the 11 ZIP codes HUD lists for the area, 29741 has the 8th highest two-bedroom Small Area FMR. Chesterfield 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 $900 for this ZIP code instead.
All unit sizes
| Unit | FY2027 SAFMR | Payment standard range | Area-wide FMR | FY2026 SAFMR |
|---|---|---|---|---|
| Studio | $690 | $621 – $759 | $643 | $760 |
| 1 bedroom | $700 | $630 – $770 | $677 | $770 |
| 2 bedrooms | $900 | $810 – $990 | $885 | $1,000 |
| 3 bedrooms | $1,160 | $1,044 – $1,276 | $1,153 | $1,280 |
| 4 bedrooms | $1,290 | $1,161 – $1,419 | $1,217 | $1,430 |
A household renting a two-bedroom home at the Small Area FMR of $900 needs about $36,000 a year to keep housing costs at 30% of income. The area median family income is $67,100 and the 80% low-income limit for four people is $59,700. ZIP code 29741 lies mainly in Chesterfield County. See the Chesterfield County, SC county page for the full income limits table and the household check.
Nearby ZIP codes
Questions
What is the Fair Market Rent for ZIP code 29741?
HUD's FY2027 Small Area Fair Market Rents for 29741 are $690 (studio), $700 (1 BR), $900 (2 BR), $1,160 (3 BR) and $1,290 (4 BR) a month.
What is the Section 8 payment standard in 29741?
Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 29741 that range is $810 to $990 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.
Which income limits apply in 29741?
The FY2026 income limits of the Chesterfield County, SC area apply: median family income $67,100, low-income (80%) limit $59,700 for a family of four.