FY2026 Fair Market Rents — Charleston-North Charleston, SC MSA

The HUD-published Fair Market Rents for FY2026 in this area are:

Studio
$1,557
1BR
$1,630
2BR
$1,787
3BR
$2,222
4BR
$2,562
Hours/week at min wage
190 hrs
to afford the 2BR FMR @ $7.25/hr (federal)
YoY change (2BR)
-1.8%
$33 vs FY2025 · 5-yr +48.1%
Voucher payment standard
$1,608–$1,966
PHAs set HCV payment at 90–110% of the 2BR FMR

Charleston-North Charleston, SC MSA

Non-Metropolitan area · SC · View full history · Income limits · LIHTC rents

FY2026 Fair Market Rents

Bedroom Size Monthly FMR Annual Equivalent
Efficiency (Studio) $1,557 $18,684
1-Bedroom $1,630 $19,560
2-Bedroom $1,787 $21,444
3-Bedroom $2,222 $26,664
4-Bedroom $2,562 $30,744

Recent 2-Bedroom FMR Trend

FY2020 $1,179 → FY2026 $1,787
Fiscal Year Studio 1BR 2BR 3BR 4BR
FY2026 $1,557 $1,630 $1,787 $2,222 $2,562
FY2025 $1,583 $1,644 $1,820 $2,255 $2,653
FY2024 $1,386 $1,424 $1,599 $1,979 $2,402
FY2023 $1,328 $1,357 $1,533 $1,906 $2,397
FY2022 $1,183 $1,204 $1,372 $1,721 $2,206
FY2021 $1,000 $1,059 $1,207 $1,544 $2,010
FY2020 $907 $1,035 $1,179 $1,535 $2,012

View full FMR history back to FY2000 →

FY2026 Income Limits

Area Median Income (AMI): $117,500

AMI Level 1p 2p 3p 4p 5p 6p
30% AMI (Extremely Low) $24,700 $28,200 $31,750 $35,250 $38,680 $44,360
50% AMI (Very Low) $41,150 $47,000 $52,900 $58,750 $63,450 $68,150
80% AMI (Low) $65,800 $75,200 $84,600 $94,000 $101,550 $109,050

Full income limits table (all 8 household sizes) →

Affordability Snapshot

2BR Annual FMR
$21,444/yr
FMR as % of Area Median Income
18.3% of AMI
Under 30% — affordable at median income
Income Needed (30% rule, 2BR)
$71,480/yr
$5,957/mo gross income

FY2026 LIHTC Maximum Rents

Maximum gross rents for Low-Income Housing Tax Credit units, by income band. Full LIHTC details →

AMI Band Studio 1BR 2BR 3BR 4BR
50% AMI Maximum $1,028 $1,175 $1,321 $1,586 $1,703
60% AMI Maximum $1,233 $1,410 $1,586 $1,903 $2,044

FY2026 HOME Program Rent Limits

Maximum rents for HOME Investment Partnerships–funded units. High HOME rents apply to most assisted units; Low HOME rents apply to the lowest-income set-aside units. Full HOME rent details →

Limit Type Studio 1BR 2BR 3BR 4BR
High HOME Rent $1,557 $1,630 $1,787 $1,909 $1,909
Low HOME Rent $1,028 $1,175 $1,322 $1,468 $1,586

Compare Charleston-North Charleston, SC MSA With Other SC Metros

vs. Anderson, SC HUD Metro FMR Area vs. Beaufort County, SC HUD Metro FMR Area vs. Charleston-North Charleston, SC MSA vs. Chester County, SC HUD Metro FMR Area vs. Clarendon County, SC HUD Metro FMR Area

Counties in This FMR Area

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