HUD Fair Market Rent · FY 2026 · effective Oct 1, 2025 to Sep 30, 2026
Fair Market Rent in McCormick County, South Carolina (FY 2026)
$956 a month. That's HUD's FY 2026 Fair Market Rent for a two-bedroom in McCormick County, and it's the baseline every voucher in McCormick is measured against.
2 bedroom FMR
$956
FY 2026, utilities included
Payment standard range
$860 to $1,052
90% to 110% of FMR
Income to afford 2BR
$38,240
per year, at 30% of income
Rank in South Carolina
29th of 46
by 2BR FMR
HUD has already published FY 2027. On October 1, 2026 the two-bedroom rate in McCormick moves to $885. That's down 7%. The full FY 2027 table is in the history section below.
HUD's number is one input. What does a two-bedroom in McCormick actually rent for?
Search any address in McCormick for a rent estimate built from nearby comps, with the HUD figure right next to it.
FY 2026 Fair Market Rents
| Bedrooms | FMR | Payment standard | Income needed | Hourly wage | vs FY 2025 |
|---|---|---|---|---|---|
| Studio | $719 | $647 to $791 | $28,760 | $13.83/hr | -2.0% |
| 1 bedroom | $729 | $656 to $802 | $29,160 | $14.02/hr | -1.6% |
| 2 bedroom | $956 | $860 to $1,052 | $38,240 | $18.38/hr | -1.6% |
| 3 bedroom | $1,251 | $1,126 to $1,376 | $50,040 | $24.06/hr | -1.0% |
| 4 bedroom | $1,320 | $1,188 to $1,452 | $52,800 | $25.38/hr | -1.5% |
5 to 8 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 | $1,518 | $1,366 to $1,670 |
| 6 bedroom Estimate | $1,716 | $1,544 to $1,888 |
| 7 bedroom Estimate | $1,914 | $1,723 to $2,105 |
| 8 bedroom Estimate | $2,112 | $1,901 to $2,323 |
Source: HUD Office of Policy Development and Research, FY 2026 Fair Market Rents. Rents include utilities. huduser.gov
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 2026 that's October 1, 2025 through September 30, 2026. In McCormick, that runs from $719 for a studio up to $1,320 for four bedrooms, all five rates in the table above.
Because McCormick sits outside any HUD metro area, its rate is a county-wide figure built from local rents. One number covers every address in the county, Mc Cormick included.
Among South Carolina's 46 counties, McCormick ranks 29th for two-bedroom FMR. That's about 11% below the state median of $1,077 and about 6% below the national median county at $1,018. About 9,612 people live here, 45th in the state.
Rates by ZIP code
Zoom in and the picture changes. HUD's Small Area FMRs put a two-bedroom at $950 in 29840 (Mount Carmel) and $1,130 in 29821 (Clarks Hill), with the 7 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.
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 McCormick somewhere between $860 and $1,052. 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.
$956 a month is affordable, by HUD's 30% rule, on an income of roughly $38,240 a year. Put another way, $18 an hour full time.
Worked example for a two-bedroom, assuming the rent equals the payment standard. Tenant pays 30% of monthly income, HUD's housing assistance payment covers the rest.
| Monthly household income | Tenant pays (30%) | HAP at 90% ($860) | HAP at 100% ($956) | HAP at 110% ($1,052) |
|---|---|---|---|---|
| $2,500 | $750 | $110 | $206 | $302 |
| $4,000 | $1,200 | $0 | $0 | $0 |
Rate history
The two-bedroom rate went down 2% from FY 2025 ($972) to FY 2026 ($956). Since FY 2020 it's up 47% in total, about 6.6% a year. The South Carolina median moved up 5% over the same year.
| Year | Studio | 1 BR | 2 BR | 3 BR | 4 BR | 2BR change |
|---|---|---|---|---|---|---|
| FY 2020 | $491 | $494 | $651 | $882 | $937 | — |
| FY 2021 | $512 | $515 | $679 | $972 | $996 | +4.3% |
| FY 2022 | $538 | $541 | $712 | $1,011 | $1,036 | +4.9% |
| FY 2023 | $601 | $605 | $796 | $1,131 | $1,138 | +11.8% |
| FY 2024 | $752 | $757 | $994 | $1,283 | $1,398 | +24.9% |
| FY 2025 | $734 | $741 | $972 | $1,263 | $1,340 | -2.2% |
| FY 2026 | $719 | $729 | $956 | $1,251 | $1,320 | -1.6% |
| FY 2027 | $648 | $677 | $885 | $1,189 | $1,194 | -7.4% |
Nearby counties
Edgefield County
$1,26124 mi · pop 26,181
Greenwood County
$93427 mi · pop 69,309
Abbeville County
$90230 mi · pop 24,368
Saluda County
$1,27634 mi · pop 18,952
Aiken County
$1,26137 mi · pop 169,865
Laurens County
$1,13345 mi · pop 67,456
Newberry County
$99450 mi · pop 37,918
Anderson County
$1,17353 mi · pop 204,592
Questions people ask
$956 a month for FY 2026, which runs October 1, 2025 through September 30, 2026. The other rates are $719 for a studio, $729 for one bedroom, $1,251 for three and $1,320 for four.
Tools for this county
Fair Market Rent lookup
Look up any ZIP code's Small Area FMR by bedroom count.
Section 8 rent calculator
Work out the 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
See what income a household needs for a given rent.
What does a rental in McCormick actually go for?
HUD's number is one input. Search any address in McCormick for a rent estimate built from nearby comps. 3 free searches, no card.
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