FY2026 Fair Market Rents — Chesterfield County
Studio
$678
1BR
$687
2BR
$902
3BR
$1,169
4BR
$1,293
Chesterfield County, South Carolina
FIPS 45025 · County-level FMR and income limit data
FMR Area: Chesterfield County, SC
FY2026 Fair Market Rents
| Bedroom Size | Monthly FMR | Annual Equivalent |
|---|---|---|
| Efficiency (Studio) | $678 | $8,136 |
| 1-Bedroom | $687 | $8,244 |
| 2-Bedroom | $902 | $10,824 |
| 3-Bedroom | $1,169 | $14,028 |
| 4-Bedroom | $1,293 | $15,516 |
To afford the FY2026 2-bedroom FMR of $902/mo under the 30%-of-income rule, a household needs about
$36,080/yr ($3,007/mo). Area Median Income is $67,100.
At SC's federal minimum wage of $7.25/hr, a worker would need to work 96 hours/week to afford that rent.
Recent FMR Trend
| Fiscal Year | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| FY2026 | $678 | $687 | $902 | $1,169 | $1,293 |
| FY2025 | $705 | $711 | $933 | $1,195 | $1,325 |
| FY2024 | $714 | $718 | $905 | $1,164 | $1,291 |
| FY2023 | $639 | $642 | $780 | $1,012 | $1,071 |
| FY2022 | $614 | $625 | $712 | $955 | $1,020 |
| FY2021 | $557 | $596 | $679 | $930 | $985 |
| FY2020 | $513 | $572 | $651 | $890 | $958 |
FY2026 Income Limits
Area Median Income: $67,100
| Income Level | 1p | 2p | 3p | 4p | 5p | 6p |
|---|---|---|---|---|---|---|
| 30% AMI | $15,960 | $21,640 | $27,320 | $33,000 | $38,680 | $43,300 |
| 50% AMI | $26,150 | $29,850 | $33,600 | $37,300 | $40,300 | $43,300 |
| 80% AMI | $41,800 | $47,800 | $53,750 | $59,700 | $64,500 | $69,300 |