29147 State Park, SC Fair Market Rent

What the FMR for ZIP 29147 actually means

HUD publishes ZIP-level Small Area FMRs in designated metros. Our load has no SAFMR row for ZIP 29147, so we show the FMR-area schedule for Richland: $1,164 1-bedroom, studio $1,032, 2-bedroom $1,276, 3-bedroom $1,623, 4-bedroom $1,911. Other ZIPs in the same FMR area share this schedule until a SAFMR row is available. These are 40th-percentile gross rents, not live asking rents.

Without SAFMR for this ZIP, every ZIP mapped to Richland's FMR area shares the same baseline figures even when street-level market rents differ. Against the national benchmark the 1-bedroom FMR-area figure is 21% above the US average of $959, and 19% above the SC state average of $982. Year-over-year, the 1-bedroom moved down0.7% from FY 2025 ($1,172) to FY 2026.

For budgeting, the 30% affordability rule says rent should not exceed 30% of gross household income. At the FY 2026 1-bedroom FMR of $1,164, that implies a household income of $46,560 per year (about $3,880/month) to avoid being cost-burdened, a 2-bedroom at $1,276 lifts that threshold higher still. The ratio of FMR to local wages is the simplest test of whether a renter can live here without being cost-burdened.