Not enough rental comps in this area to determine how FMR aligns with current market rates.
Historical
FY 2023-2027
FMR
FY2027
Property value
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Tax rate
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Mortgage rate
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ZIP 29074 fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 29074 (Liberty Hill, SC) is $920 a month. That is down 2.1% from $940 in FY 2026. Liberty Hill is in the Kershaw County, SC HUD Metro FMR Area. HUD also publishes the ZIP-level Small Area FMRs shown here, but unless the local housing authority has adopted them, vouchers are based on the metro-wide two-bedroom FMR of $954. Among 14 ZIP codes in Kershaw County, 29074 has the 10th-highest two-bedroom rent (county range $910–$1,330). The median county two-bedroom FMR in South Carolina is $1,098, so ZIP 29074 is 16% below it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for 29074
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$800
$790
−1.2%
$711–$869
1BR
$840
$830
−1.2%
$747–$913
2BR
$940
$920
−2.1%
$828–$1,012
3BR
$1,210
$1,180
−2.5%
$1,062–$1,298
4BR
$1,470
$1,430
−2.7%
$1,287–$1,573
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for 29074
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$790
$830
$920
$1,180
$1,430
FY 2026
$800
$840
$940
$1,210
$1,470
FY 2025
$790
$820
$950
$1,230
$1,390
FY 2024
$740
$760
$930
$1,190
$1,380
FY 2023
$680
$690
$830
$1,090
$1,250
Two-bedroom rent in nearby Kershaw County ZIP codes
How much will Section 8 pay for a two-bedroom in ZIP 29074?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $954, which applies unless the housing authority uses Small Area FMRs, that basic range is $859 to $1,049 a month; under the ZIP-level Small Area FMR of $920 it would be $828 to $1,012. 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 ZIP 29074 in?
ZIP 29074 is in the Kershaw County, SC HUD Metro FMR Area. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $954.
How much did fair market rent change in ZIP 29074 for FY 2027?
The two-bedroom FMR fell 2.1%, from $940 in FY 2026 to $920 in FY 2027. Since FY 2023 it has risen 10.8%.
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