Newberry County, SC

2024 Fair Market Rents

Tags: 2024 South Carolina

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 Newberry County are Newberry, Prosperity, Pomaria, and Silverstreet. 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 Newberry County use?

Small Area Fair Market Rents were created by the HUD for this county/Metro Fmr Area however Newberry 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 Newberry County compare?

Newberry County ($1,015) has a 7.1% lower FMR for 2-Bedroom housing than the average of South Carolina ($1,093) and therefore has a lower gross rent.

Newberry County is rank 24th out of 46 counties. This means the FMRs, or in other words, the gross rent is lower than 23 other counties. Newberry County is the 23rd cheapest county in terms of FMRs.

Rent Tables Newberry County, SC

Fair Market Rent (40th Percentile)

$767
studio
$772
1-Bedroom
$1,015
2-Bedroom
$1,227
3-Bedroom
$1,418
4-Bedroom

Median Rent (50th Percentile)

$825
studio
$830
1-Bedroom
$1,091
2-Bedroom
$1,319
3-Bedroom
$1,524
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
29127 $0 $910 $1,020 $1,310 $1,570
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
29127 $765 $819 $918 $1,179 $1,413
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
29127 $935 $1,001 $1,122 $1,441 $1,727

Fair Market Rents on this page apply to the following cities in Newberry County, South Carolina: Newberry, Prosperity, Pomaria, Silverstreet, and Peak.

These Fair Market Rents also apply to the following ZIP codes in Newberry County, South Carolina: 29108, 29127, 29126, 29145, and 29122.

More on Newberry County, SC

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Data Source

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