FY2027 Small Area FMR · Mc Cormick, SC

ZIP 29899 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 29899 (Mc Cormick, SC) is $1,000 a month, up 3.1% from FY2026. That is 13% above the McCormick County, SC area-wide FMR of $885.

2-bedroom SAFMR$1,000per month ▲ 3.1%

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

Rank in the area7thof 11 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$900

2 BR Small Area FMR$1,000

110% of SAFMR$1,100

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

Studio$730■ 0.0%

1 BR$770▲ 2.7%

2 BR$1,000▲ 3.1%

3 BR$1,340▲ 5.5%

4 BR$1,360▲ 0.7%

FY2027 FY2026

Where 29899 sits in the McCormick County, SC area

Of the 11 ZIP codes HUD lists for the area, 29899 has the 7th highest two-bedroom Small Area FMR. McCormick 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 $1,000 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	$730	$657 – $803	$648	$730
1 bedroom	$770	$693 – $847	$677	$750
2 bedrooms	$1,000	$900 – $1,100	$885	$970
3 bedrooms	$1,340	$1,206 – $1,474	$1,189	$1,270
4 bedrooms	$1,360	$1,224 – $1,496	$1,194	$1,350

A household renting a two-bedroom home at the Small Area FMR of $1,000 needs about $40,000 a year to keep housing costs at 30% of income. The area median family income is $83,800 and the 80% low-income limit for four people is $67,050. ZIP code 29899 lies mainly in McCormick County. See the McCormick County, SC county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
29835	Mc Cormick	2.3 mi	$1,000
29845	Plum Branch	8.1 mi	$1,030
29819	Bradley	8.1 mi	$910
29848	Troy	10.4 mi	$1,150
29844	Parksville	11.7 mi	$1,030
29838	Modoc	13.7 mi	$1,040

Questions

What is the Fair Market Rent for ZIP code 29899?

HUD's FY2027 Small Area Fair Market Rents for 29899 are $730 (studio), $770 (1 BR), $1,000 (2 BR), $1,340 (3 BR) and $1,360 (4 BR) a month.

What is the Section 8 payment standard in 29899?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 29899 that range is $900 to $1,100 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 29899?

The FY2026 income limits of the McCormick County, SC area apply: median family income $83,800, low-income (80%) limit $67,050 for a family of four.