South Carolina · FIPS 45021 · HUD FY 2027
Cherokee County, South Carolina Fair Market Rent
HUD’s FY 2027 Fair Market Rent for a 2-bedroom in Cherokee County is $885 a month (rent plus utilities), 36% below the South Carolina average of $1,391 and 50% below the U.S. average of $1,761. That is down $17 (1.9%) from FY 2026. At 30% of income, a household needs about $35,400 a year to afford it.
- $8852-bedroom FMR−$17 (−1.9%) vs FY 2026
- $8131-bedroom FMRSouth Carolina: $1,243 · U.S.: $1,478
- $35,400Income for a 2-bedroom$17/hour full-time
- 34 of 462BR rank in South Carolina1 = highest rent
| Unit | Cherokee County FY 2027 | FY 2026 | Change | South Carolina avg | U.S. avg | Income needed |
|---|---|---|---|---|---|---|
| Studio | $780 | $755 | +$25 (+3.3%) | $1,168 | $1,379 | $31,200 |
| 1 bedroom | $813 | $795 | +$18 (+2.3%) | $1,243 | $1,478 | $32,520 |
| 2 bedrooms | $885 | $902 | −$17 (−1.9%) | $1,391 | $1,761 | $35,400 |
| 3 bedrooms | $1,106 | $1,135 | −$29 (−2.6%) | $1,715 | $2,266 | $44,240 |
| 4 bedrooms | $1,371 | $1,349 | +$22 (+1.6%) | $2,003 | $2,607 | $54,840 |
How Cherokee County compares
- Cherokee County is a non-metro county, so HUD sets one Fair Market Rent for the whole county.
- Across South Carolina, 2-bedroom FMRs run from $885 (Williamsburg County) to $2,010 (Beaufort County).
- Studio to 4-bedroom: $780, $813, $885, $1,106, $1,371. HUD derives the other sizes from the 2-bedroom figure with fixed ratios, adjusted where local data warrant.
- HUD also publishes ZIP-level Small Area FMRs. For the 5 ZIP codes mostly in Cherokee County (by land area), the 2-bedroom figure ranges from $890 to $1,070.
Small Area FMRs by ZIP code in Cherokee County
| ZIP | Studio | 1BR | 2BR | 3BR | 4BR | 2BR vs FY 2026 | 2BR vs area FMR |
|---|---|---|---|---|---|---|---|
| 29330 | $940 | $980 | $1,070 | $1,300 | $1,500 | −$20 (−1.8%) | 21% above |
| 29340 | $780 | $820 | $890 | $1,110 | $1,380 | −$10 (−1.1%) | 1% above |
| 29341 | $800 | $840 | $910 | $1,140 | $1,410 | −$30 (−3.2%) | 3% above |
| 29372 | $940 | $980 | $1,070 | $1,300 | $1,500 | −$20 (−1.8%) | 21% above |
| 29702 | $890 | $930 | $1,010 | $1,260 | $1,570 | +$80 (+8.6%) | 14% above |
Sources
- U.S. Department of Housing and Urban Development, HUD User Fair Market Rents: FY 2027 FMRs (file dated August 26, 2026) and FY 2026 FMRs (file dated April 21, 2026).
- HUD User Small Area Fair Market Rents: FY 2027 SAFMRs (file dated August 31, 2026) and FY 2026 SAFMRs (file dated April 21, 2026).
- ZIP-to-county assignment: Census Bureau 2020 ZCTA-to-county relationship file (file dated December 9, 2021), largest land-area overlap.
Fair Market Rents are HUD’s estimate of gross rent (rent plus utilities) for a modest unit, set at the 40th percentile of recent-mover rents. FY 2027 is HUD’s fiscal year beginning October 1, 2026. Housing authorities set voucher payment standards from these figures; check yours.