What is the Fair Market Rent in Sullivan's Island, SC?

HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home in ZIP 29482, which covers Sullivan's Island, is $2,460 a month.

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 Sullivan's Island is $1,607 (±$848), below the Small Area figure for ZIP 29482.

Figures last updated on November 12, 2026.

2 bedrooms, whole area: $1,884
2 bedrooms, ZIP 29482: $2,460

Fair Market Rents for Sullivan's Island, 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 29482	$2,160	$2,250	$2,460	$3,040	$3,510	$2,375

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 Sullivan's Island

What is the Section 8 payment standard in Sullivan's Island?

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 29482 is $2,460.

What is the Fair Market Rent for a two-bedroom in ZIP 29482?

HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home in ZIP 29482 is $2,460 a month; the Census Bureau’s median gross rent across that ZIP code, for homes of every size, is $2,375 (±$1,762).

What is the Fair Market Rent for a one-bedroom in Sullivan's Island?

HUD’s fiscal year 2027 Small Area Fair Market Rent for a one-bedroom home in ZIP 29482 is $2,250 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.