FY2026 Fair Market Rents — Florence, SC HUD Metro FMR Area
The HUD-published Fair Market Rents for FY2026 in this area are:
Studio
$948
1BR
$953
2BR
$1,117
3BR
$1,434
4BR
$1,588
Hours/week at min wage
119 hrs
to afford the 2BR FMR @ $7.25/hr (federal)
YoY change (2BR)
+4.9%
+$52 vs FY2025 · 5-yr +38.1%
Voucher payment standard
$1,005–$1,229
PHAs set HCV payment at 90–110% of the 2BR FMR
Florence, SC HUD Metro FMR Area
Non-Metropolitan area · SC · View full history · Income limits · LIHTC rents
FY2026 Fair Market Rents
| Bedroom Size | Monthly FMR | Annual Equivalent |
|---|---|---|
| Efficiency (Studio) | $948 | $11,376 |
| 1-Bedroom | $953 | $11,436 |
| 2-Bedroom | $1,117 | $13,404 |
| 3-Bedroom | $1,434 | $17,208 |
| 4-Bedroom | $1,588 | $19,056 |
Recent 2-Bedroom FMR Trend
FY2020 $785 → FY2026 $1,117
| Fiscal Year | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| FY2026 | $948 | $953 | $1,117 | $1,434 | $1,588 |
| FY2025 | $857 | $862 | $1,065 | $1,359 | $1,461 |
| FY2024 | $787 | $792 | $1,012 | $1,279 | $1,374 |
| FY2023 | $701 | $706 | $927 | $1,173 | $1,247 |
| FY2022 | $631 | $635 | $832 | $1,053 | $1,174 |
| FY2021 | $616 | $620 | $809 | $1,024 | $1,190 |
| FY2020 | $607 | $611 | $785 | $991 | $1,219 |
View full FMR history back to FY2000 →
FY2026 Income Limits
Area Median Income (AMI): $79,300
| AMI Level | 1p | 2p | 3p | 4p | 5p | 6p |
|---|---|---|---|---|---|---|
| 30% AMI (Extremely Low) | $16,700 | $21,640 | $27,320 | $33,000 | $38,680 | $44,360 |
| 50% AMI (Very Low) | $27,800 | $31,750 | $35,700 | $39,650 | $42,850 | $46,000 |
| 80% AMI (Low) | $44,450 | $50,800 | $57,150 | $63,450 | $68,550 | $73,650 |
Full income limits table (all 8 household sizes) →
Affordability Snapshot
2BR Annual FMR
$13,404/yr
FMR as % of Area Median Income
16.9% of AMI
Under 30% — affordable at median income
Income Needed (30% rule, 2BR)
$44,680/yr
$3,723/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 | $693 | $793 | $892 | $1,070 | $1,149 |
| 60% AMI Maximum | $832 | $951 | $1,070 | $1,284 | $1,379 |
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 | $948 | $953 | $1,117 | $1,288 | $1,288 |
| Low HOME Rent | $695 | $793 | $892 | $991 | $1,071 |
Compare Florence, SC HUD Metro FMR Area 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