HUD Fair Market Rent · FY 2027 · Effective Oct 1, 2026 to Sep 30, 2027
Fair Market Rent in Horry County, South Carolina (FY 2027)
HUD's FY 2027 Fair Market Rent for a two-bedroom in Horry County is $1,504 a month. That's the number the housing authority starts from when it sets Section 8 payment standards here.
Two-bedroom FMR
$1,504
+2.7% from FY 2026
Payment standard
$1,354–$1,654
90% to 110% of the FMR, two-bedroom
Income to afford
$60,160
a year, with rent at 30% of income
Rank in South Carolina
9th of 46
by two-bedroom FMR, highest first
FY 2027 Fair Market Rents
Payment standard is the 90% to 110% band a housing authority can set. Income needed puts rent at 30% of gross income, and the hourly wage assumes a 40-hour week.
| Bedrooms | FMR | Payment standard | Income needed | Hourly wage | vs FY 2026 |
|---|---|---|---|---|---|
| Studio | $1,155 | $1,040–$1,271 | $46,200 | $22.21/hr | +0.9% |
| 1 bedroom | $1,258 | $1,132–$1,384 | $50,320 | $24.19/hr | +2.4% |
| 2 bedroom | $1,504 | $1,354–$1,654 | $60,160 | $28.92/hr | +2.7% |
| 3 bedroom | $1,823 | $1,641–$2,005 | $72,920 | $35.06/hr | +1.0% |
| 4 bedroom | $1,981 | $1,783–$2,179 | $79,240 | $38.10/hr | -6.2% |
Five to eight bedrooms (PropMetrics estimates)
HUD stops at four bedrooms. These add 15% of the four-bedroom rent per extra bedroom. It's our estimate, not a HUD number.
| Bedrooms | Estimated FMR | Payment standard |
|---|---|---|
| 5 bedroom Estimate | $2,278 | $2,050–$2,506 |
| 6 bedroom Estimate | $2,575 | $2,318–$2,833 |
| 7 bedroom Estimate | $2,872 | $2,585–$3,159 |
| 8 bedroom Estimate | $3,170 | $2,853–$3,487 |
Source: HUD Office of Policy Development and Research, FY 2027 Fair Market Rents. Rents include utilities. huduser.gov
Market check
HUD's number is one input. What does a two-bedroom in Horry actually rent for?
Search any address in Horry for a rent estimate built from nearby comps, with the HUD figure right next to it.
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What a voucher pays here
The voucher doesn't pay the FMR itself. It pays the payment standard. Housing authorities set it anywhere from 90% to 110% of FMR, which puts a two-bedroom standard in Horry somewhere between $1,354 and $1,654. The tenant pays roughly 30% of their income, the voucher covers the rest up to the standard, and the PHA won't approve a rent above what comparable unassisted units get.
$1,504 a month is affordable, by HUD's 30% rule, on an income of roughly $60,160 a year. Put another way, $29 an hour full time.
Worked example for a two-bedroom renting at the payment standard. The tenant pays 30% of monthly income and the voucher covers the rest.
| Monthly household income | Tenant pays (30%) | Voucher pays at 90%$1,354 | Voucher pays at 100%$1,504 | Voucher pays at 110%$1,654 |
|---|---|---|---|---|
| $2,500 | $750 | $604 | $754 | $904 |
| $4,000 | $1,200 | $154 | $304 | $454 |
Rate history
The two-bedroom rate went up 3% from FY 2026 ($1,465) to FY 2027 ($1,504). Since FY 2020 it's up 51% in total, about 6.0% a year. The South Carolina median moved up 2% over the same year.
| Fiscal year | Studio | 1 BR | 2 BR | 3 BR | 4 BR | 2BR change |
|---|---|---|---|---|---|---|
| FY 2020 | $812 | $847 | $997 | $1,288 | $1,460 | — |
| FY 2021 | $732 | $763 | $898 | $1,160 | $1,314 | -9.9% |
| FY 2022 | $885 | $917 | $1,062 | $1,349 | $1,526 | +18.3% |
| FY 2023 | $966 | $991 | $1,141 | $1,455 | $1,642 | +7.4% |
| FY 2024 | $1,121 | $1,187 | $1,361 | $1,724 | $2,005 | +19.3% |
| FY 2025 | $1,133 | $1,199 | $1,406 | $1,771 | $2,065 | +3.3% |
| FY 2026 | $1,145 | $1,229 | $1,465 | $1,805 | $2,111 | +4.2% |
| FY 2027In effect | $1,155 | $1,258 | $1,504 | $1,823 | $1,981 | +2.7% |
About this rate
Fair Market Rent is HUD's estimate of what a modest, decent unit rents for in an area, utilities included. It's set once a year and runs October to September. For FY 2027 that's October 1, 2026 through September 30, 2027. In Horry, that runs from $1,155 for a studio up to $1,981 for four bedrooms, all five rates in the table above.
Horry is its own HUD metro area (Myrtle Beach-North Myrtle Beach-Conway, SC), so the rate here is set from rents inside the county rather than a wider region.
Among South Carolina's 46 counties, Horry ranks 9th for two-bedroom FMR. That's about 37% above the state median of $1,098 and about 41% above the national median county at $1,063. About 383,016 people live here, 4th in the state.
Rates by ZIP code
Zoom in and the picture changes. HUD's Small Area FMRs put a two-bedroom at $1,320 in 29511 (Aynor) and $1,870 in 29568 (Longs), with the 20 ZIP codes in between. Housing authorities in HUD-designated metros use those ZIP rates instead of the county rate. Everywhere else the ZIP numbers show where rents actually sit, and the county rate stays the official standard.
| ZIP | City | 2BR rate | vs county |
|---|---|---|---|
| 29511 | Aynor | $1,320 | -12.2% |
| 29526 | Conway | $1,320 | -12.2% |
| 29527 | Conway | $1,320 | -12.2% |
| 29528 | Conway | $1,500 | -0.3% |
| 29544 | Galivants Ferry | $1,320 | -12.2% |
| 29545 | Green Sea | $1,320 | -12.2% |
| 29566 | Little River | $1,730 | +15.0% |
| 29568 | Longs | $1,870 | +24.3% |
| 29569 | Loris | $1,320 | -12.2% |
| 29572 | Myrtle Beach | $1,500 | -0.3% |
| 29575 | Myrtle Beach | $1,590 | +5.7% |
| 29577 | Myrtle Beach | $1,420 | -5.6% |
| 29578 | Myrtle Beach | $1,500 | -0.3% |
| 29579 | Myrtle Beach | $1,840 | +22.3% |
| 29581 | Nichols | $1,320 | -12.2% |
| 29582 | North Myrtle Beach | $1,550 | +3.1% |
| 29587 | Myrtle Beach | $1,500 | -0.3% |
| 29588 | Myrtle Beach | $1,540 | +2.4% |
| 29597 | North Myrtle Beach | $1,500 | -0.3% |
| 29598 | North Myrtle Beach | $1,500 | -0.3% |
Nearby counties
Two-bedroom FMR, with how each compares to Horry.
Marion County
30 mi · 28,664 people
$885
-41%
Georgetown County
34 mi · 64,811 people
$1,158
-23%
Dillon County
44 mi · 27,862 people
$885
-41%
Florence County
47 mi · 137,117 people
$1,121
-25%
Williamsburg County
50 mi · 30,282 people
$885
-41%
Marlboro County
66 mi · 25,975 people
$885
-41%
Darlington County
69 mi · 62,558 people
$1,093
-27%
Clarendon County
71 mi · 30,986 people
$885
-41%
Questions people ask
$1,504 a month for FY 2027, which runs October 1, 2026 through September 30, 2027. The other rates are $1,155 for a studio, $1,258 for one bedroom, $1,823 for three and $1,981 for four.
Tools for this county
Fair Market Rent lookup
Any ZIP code's Small Area FMR by bedroom count
Section 8 rent calculator
Payment standard and tenant share for a specific rent
What is Fair Market Rent?
How HUD calculates FMR and what it means for landlords
Rent affordability calculator
The income a household needs for a given rent
What does a rental in Horry actually go for?
HUD's number is one input. Search any address in Horry for a rent estimate built from nearby comps. Free to start, no card.
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