What is the Fair Market Rent in Charleston, SC?

HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home runs from $1,910 to $2,400 a month across the 8 ZIP codes that cover Charleston.

By ZIP code: 29401 $2,400, 29403 $2,190, 29409 $2,190, 29424 $2,320, 29425 $1,910, 29407 $1,910, 29492 $2,400, 29412 $2,190.

Across the whole Charleston-North Charleston, SC MSA the two-bedroom figure is $1,884.

The Census Bureau’s median gross rent for a two-bedroom home in Charleston is $1,746 (±$49), below the Small Area figure for ZIP 29401.

Figures last updated on November 12, 2026.

2 bedrooms, whole area: $1,884
2 bedrooms, ZIP 29401: $2,400
2 bedrooms, ZIP 29403: $2,190
2 bedrooms, ZIP 29409: $2,190

Fair Market Rents for Charleston, fiscal year 2027

HUD Fair Market Rent, dollars a month (gross rent, including utilities), beside the Census Bureau’s median gross rent for each ZIP code
	Studio	1 bedroom	2 bedrooms	3 bedrooms	4 bedrooms	Census median rent
Charleston-North Charleston, SC MSA (whole area)	$1,661	$1,731	$1,884	$2,336	$2,687	—
ZIP 29401	$2,120	$2,200	$2,400	$2,980	$3,420	$1,790
ZIP 29403	$1,930	$2,010	$2,190	$2,720	$3,120	$1,798
ZIP 29409	$1,930	$2,010	$2,190	$2,720	$3,120	—
ZIP 29424	$2,050	$2,130	$2,320	$2,890	$3,310	—
ZIP 29425	$1,680	$1,750	$1,910	$2,370	$2,720	—
ZIP 29407 (84% of the ZIP’s land is in this place)	$1,680	$1,750	$1,910	$2,370	$2,720	$1,431
ZIP 29492 (65% of the ZIP’s land is in this place)	$2,120	$2,200	$2,400	$2,980	$3,420	$2,043
ZIP 29412 (53% of the ZIP’s land is in this place)	$1,930	$2,010	$2,190	$2,720	$3,120	$1,881

A Fair Market Rent is HUD’s estimate of the gross rent (shelter plus utilities) of a modest rental home in the area.

Whether a housing authority uses the ZIP code (Small Area) figures or the area-wide one depends on whether HUD has designated the area for Small Area FMRs or the authority has opted in; ask the local housing authority which applies.

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Questions about Charleston

What is the Section 8 payment standard in Charleston?

Housing authorities set payment standards between 90% and 110% of HUD’s Fair Market Rent; for fiscal year 2027, the two-bedroom Fair Market Rent for the Charleston-North Charleston, SC MSA is $1,884, and the Small Area figure for 29401 is $2,400.

What is the Fair Market Rent for a two-bedroom in ZIP 29401?

HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home in ZIP 29401 is $2,400 a month; the Census Bureau’s median gross rent across that ZIP code, for homes of every size, is $1,790 (±$285).

What is the Fair Market Rent for a two-bedroom in ZIP 29403?

HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home in ZIP 29403 is $2,190 a month; the Census Bureau’s median gross rent across that ZIP code, for homes of every size, is $1,798 (±$119).

What is the Fair Market Rent for a two-bedroom in ZIP 29409?

HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home in ZIP 29409 is $2,190 a month.

What is the Fair Market Rent for a one-bedroom in Charleston?

HUD’s fiscal year 2027 Small Area Fair Market Rent for a one-bedroom home in ZIP 29401 is $2,200 a month, against $1,731 across the Charleston-North Charleston, SC MSA.

Sources

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.