FMR is near market; voucher and private rents are aligned.
1.07
1 BR
1 BR- 29439
1.03ratio
FMR$2,300
Market$2,240
vs market+$60
FMR is near market; voucher and private rents are aligned.
1.03
2 BR
2 BR- 29439
0.81ratio
FMR$2,500
Market$3,080
vs market-$580
FMR is below market; voucher rent may lag private rents.
0.81
3 BR
3 BR- 29439
0.96ratio
FMR$3,100
Market$3,230
vs market-$130
FMR is near market; voucher and private rents are aligned.
0.96
4 BR
4 BR- 29439
0.92ratio
FMR$3,570
Market$3,900
vs market-$330
FMR is near market; voucher and private rents are aligned.
0.92
0.700.800.901.001.101.201.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--
Folly Beach, SC fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Folly Beach, SC is $2,500 a month. That is down 1.2% from $2,530 in FY 2026. Folly Beach is in the Charleston-North Charleston, SC MSA, where HUD requires housing authorities to set voucher payment standards by ZIP code using Small Area FMRs. The median county two-bedroom FMR in South Carolina is $1,098, so Folly Beach is 128% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Folly Beach, SC
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$2,200
$2,200
0.0%
$1,980–$2,420
1BR
$2,310
$2,300
−0.4%
$2,070–$2,530
2BR
$2,530
$2,500
−1.2%
$2,250–$2,750
3BR
$3,150
$3,100
−1.6%
$2,790–$3,410
4BR
$3,630
$3,570
−1.7%
$3,213–$3,927
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Folly Beach, SC
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$2,200
$2,300
$2,500
$3,100
$3,570
FY 2026
$2,200
$2,310
$2,530
$3,150
$3,630
FY 2025
$1,850
$1,920
$2,130
$2,640
$3,110
FY 2024
$1,200
$1,230
$1,380
$1,720
$2,160
FY 2023
$1,130
$1,150
$1,300
$1,620
$2,030
Questions about Folly Beach, SC rents
How much will Section 8 pay for a two-bedroom in Folly Beach, SC?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $2,500, that basic range is $2,250 to $2,750 a month. The voucher pays the lower of the payment standard or the gross rent, minus the tenant's share, which is usually about 30% of adjusted monthly income. Confirm the local housing authority's current schedule before underwriting.
Which HUD fair market rent area is Folly Beach, SC in?
Folly Beach, SC is in the Charleston-North Charleston, SC MSA. HUD requires Small Area FMRs in this area, so payment standards are set by ZIP code.
How much did fair market rent change in Folly Beach, SC for FY 2027?
The two-bedroom FMR fell 1.2%, from $2,530 in FY 2026 to $2,500 in FY 2027. Since FY 2023 it has risen 92.3%.
When do FY 2027 fair market rents take effect?
HUD's FY 2027 fair market rents took effect on October 1, 2026. When FMRs change, housing authorities generally have up to three months to bring payment standards back within 90% to 110% of the new FMR.
Source: HUD FY 2027 Small Area Fair Market Rents and area FMRs. Payment-standard ranges are 90% to 110% of FMR, HUD's basic range, not a housing authority's published schedule. How payment standards are set