Florence County, SC

2024 Fair Market Rents

Tags: 2024 Florence, SC HUD Metro FMR Area

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Return to the state page to see where South Carolina ranks nationally and to view information on other counties. Click on the map to view a different county.

The top four largest cities in Florence County are Florence, Hemingway, Effingham, and Johnsonville. Fair Market Rents on this page may apply depending on whether the county uses SAFMRs or county level FMRs. Cities in multiple SAFMR areas will have different SAFMRS based on ZIP code.

What type of FMR does Florence County use?

Small Area Fair Market Rents were created by the HUD for this county/Metro Fmr Area however Florence County is not required to use Small Area FMRs by the HUD. It is at the discretion of the local Housing Authority to determine if SAFMRs or 40th percentile FMRs are used.

To learn more about the criteria the HUD uses to determine if a Metro FMR Area requires Small Area Fair Market Rents click here.

How does Florence County compare?

Florence County ($1,012) has a 7.4% lower FMR for 2-Bedroom housing than the average of South Carolina ($1,093) and therefore has a lower gross rent.

Florence County is rank 23rd out of 46 counties. This means the FMRs, or in other words, the gross rent in Florence County is the median of all other counties in terms of FMRs.

Rent Tables Florence County, SC

Fair Market Rent (40th Percentile)

$787
studio
$792
1-Bedroom
$1,012
2-Bedroom
$1,279
3-Bedroom
$1,374
4-Bedroom

Median Rent (50th Percentile)

$846
studio
$851
1-Bedroom
$1,087
2-Bedroom
$1,374
3-Bedroom
$1,476
4-Bedroom

Small Market Areas (By Zip Code)

The 90% and 110% SAFMRs represent the minimum and maximum payment standards that can be set by the local Public Housing Authority under regular conditions. The payment standard is the actual value used in Section 8. For more on payment standards click here.

FMRs and SAFMRs are set by the HUD. The local PHA takes these FMR/SAFMR values and may decide to use any value that is within +-10% of the FMR/SAFMR as the payment standard for the areas under their jurisdiction.

For a more in-depth explaination return to the overview page.

ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
29502 $790 $790 $1,010 $1,280 $1,370
29503 $790 $790 $1,010 $1,280 $1,370
29504 $790 $790 $1,010 $1,280 $1,370
29505 $930 $940 $1,200 $1,520 $1,630
29530 $700 $710 $910 $1,140 $1,230
29541 $880 $880 $1,130 $1,430 $1,530
29554 $860 $860 $1,100 $1,390 $1,490
29555 $700 $710 $910 $1,140 $1,230
29583 $700 $710 $910 $1,140 $1,230
29591 $700 $710 $910 $1,140 $1,230
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
29502 $711 $711 $909 $1,152 $1,233
29503 $711 $711 $909 $1,152 $1,233
29504 $711 $711 $909 $1,152 $1,233
29505 $837 $846 $1,080 $1,368 $1,467
29530 $630 $639 $819 $1,026 $1,107
29541 $792 $792 $1,017 $1,287 $1,377
29554 $774 $774 $990 $1,251 $1,341
29555 $630 $639 $819 $1,026 $1,107
29583 $630 $639 $819 $1,026 $1,107
29591 $630 $639 $819 $1,026 $1,107
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
29502 $869 $869 $1,111 $1,408 $1,507
29503 $869 $869 $1,111 $1,408 $1,507
29504 $869 $869 $1,111 $1,408 $1,507
29505 $1,023 $1,034 $1,320 $1,672 $1,793
29530 $770 $781 $1,001 $1,254 $1,353
29541 $968 $968 $1,243 $1,573 $1,683
29554 $946 $946 $1,210 $1,529 $1,639
29555 $770 $781 $1,001 $1,254 $1,353
29583 $770 $781 $1,001 $1,254 $1,353
29591 $770 $781 $1,001 $1,254 $1,353

Fair Market Rents on this page apply to the following cities in Florence County, South Carolina: Florence, Hemingway, Effingham, Johnsonville, Pamplico, Scranton, and Coward.

These Fair Market Rents also apply to the following ZIP codes in Florence County, South Carolina: 29505, 29554, 29541, 29555, 29583, 29591, 29530, 29502, 29504, and 29503.

Florence County, SC is considered part of the following metro FMR area: FLORENCE, SC HUD METRO FMR AREA.

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Fair Market Rents are published by the Department of Housing And Urban Development.