What is the Fair Market Rent in North Charleston, SC?

HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home runs from $1,580 to $2,260 a month across the 7 ZIP codes that cover North Charleston.

By ZIP code: 29404 $2,260, 29406 $1,750, 29405 $1,580, 29418 $1,620, 29420 $1,850, 29456 $1,890, 29485 $1,860.

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 North Charleston is $1,448 (±$63), below the Small Area figure for ZIP 29404.

Figures last updated on .

2 bedrooms, whole area
$1,884
2 bedrooms, ZIP 29404
$2,260
2 bedrooms, ZIP 29406
$1,750
2 bedrooms, ZIP 29405
$1,580

Fair Market Rents for North 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
Studio1 bedroom2 bedrooms3 bedrooms4 bedroomsCensus median rent
Charleston-North Charleston, SC MSA (whole area)$1,661$1,731$1,884$2,336$2,687—
ZIP 29404$1,990$2,080$2,260$2,800$3,220$1,939
ZIP 29406 (93% of the ZIP’s land is in this place)$1,540$1,610$1,750$2,170$2,500$1,342
ZIP 29405 (90% of the ZIP’s land is in this place)$1,390$1,450$1,580$1,960$2,250$1,253
ZIP 29418 (86% of the ZIP’s land is in this place)$1,430$1,490$1,620$2,010$2,310$1,340
ZIP 29420 (84% of the ZIP’s land is in this place)$1,630$1,700$1,850$2,290$2,640$1,529
ZIP 29456 (38% of the ZIP’s land is in this place)$1,670$1,740$1,890$2,340$2,700$1,650
ZIP 29485 (30% of the ZIP’s land is in this place)$1,640$1,710$1,860$2,310$2,650$1,574

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 North Charleston

What is the Section 8 payment standard in North 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 29404 is $2,260.

What is the Fair Market Rent for a two-bedroom in ZIP 29404?

HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home in ZIP 29404 is $2,260 a month; the Census Bureau’s median gross rent across that ZIP code, for homes of every size, is $1,939 (±$128).

What is the Fair Market Rent for a two-bedroom in ZIP 29406?

HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home in ZIP 29406 is $1,750 a month; the Census Bureau’s median gross rent across that ZIP code, for homes of every size, is $1,342 (±$50).

What is the Fair Market Rent for a two-bedroom in ZIP 29405?

HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home in ZIP 29405 is $1,580 a month; the Census Bureau’s median gross rent across that ZIP code, for homes of every size, is $1,253 (±$67).

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

HUD’s fiscal year 2027 Small Area Fair Market Rent for a one-bedroom home in ZIP 29404 is $2,080 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.

Figures last updated on .

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