South Carolina · FIPS 45073 · HUD FY 2027
Oconee County, South Carolina Fair Market Rent
HUD’s FY 2027 Fair Market Rent for a 2-bedroom in Oconee County is $894 a month (rent plus utilities), 36% below the South Carolina average of $1,391 and 49% below the U.S. average of $1,761. That is down $47 (5.0%) from FY 2026. At 30% of income, a household needs about $35,760 a year to afford it.
- $8942-bedroom FMR−$47 (−5.0%) vs FY 2026
- $6831-bedroom FMRSouth Carolina: $1,243 · U.S.: $1,478
- $35,760Income for a 2-bedroom$17/hour full-time
- 31 of 462BR rank in South Carolina1 = highest rent
| Unit | Oconee County FY 2027 | FY 2026 | Change | South Carolina avg | U.S. avg | Income needed |
|---|---|---|---|---|---|---|
| Studio | $650 | $712 | −$62 (−8.7%) | $1,168 | $1,379 | $26,000 |
| 1 bedroom | $683 | $717 | −$34 (−4.7%) | $1,243 | $1,478 | $27,320 |
| 2 bedrooms | $894 | $941 | −$47 (−5.0%) | $1,391 | $1,761 | $35,760 |
| 3 bedrooms | $1,090 | $1,153 | −$63 (−5.5%) | $1,715 | $2,266 | $43,600 |
| 4 bedrooms | $1,204 | $1,337 | −$133 (−9.9%) | $2,003 | $2,607 | $48,160 |
How Oconee County compares
- Oconee 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: $650, $683, $894, $1,090, $1,204. 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 11 ZIP codes mostly in Oconee County (by land area), the 2-bedroom figure ranges from $890 to $1,210.
Small Area FMRs by ZIP code in Oconee County
| ZIP | Studio | 1BR | 2BR | 3BR | 4BR | 2BR vs FY 2026 | 2BR vs area FMR |
|---|---|---|---|---|---|---|---|
| 29643 | $920 | $940 | $1,060 | $1,370 | $1,670 | +$70 (+7.1%) | 19% above |
| 29658 | $720 | $770 | $1,010 | $1,300 | $1,420 | −$20 (−1.9%) | 13% above |
| 29664 | $720 | $760 | $990 | $1,210 | $1,340 | −$50 (−4.8%) | 11% above |
| 29665 | $690 | $710 | $930 | $1,130 | $1,280 | −$70 (−7.0%) | 4% above |
| 29672 | $690 | $710 | $930 | $1,130 | $1,280 | −$70 (−7.0%) | 4% above |
| 29676 | $840 | $860 | $1,060 | $1,310 | $1,520 | −$110 (−9.4%) | 19% above |
| 29678 | $1,050 | $1,100 | $1,210 | $1,460 | $1,750 | +$30 (+2.5%) | 35% above |
| 29686 | $690 | $730 | $950 | $1,160 | $1,280 | −$50 (−5.0%) | 6% above |
| 29691 | $650 | $680 | $890 | $1,080 | $1,210 | −$10 (−1.1%) | about the same as |
| 29693 | $650 | $680 | $890 | $1,080 | $1,210 | −$20 (−2.2%) | about the same as |
| 29696 | $650 | $680 | $890 | $1,080 | $1,210 | −$10 (−1.1%) | about the same as |
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.