FY2026 Fair Market Rents — Florence County
Studio
$948
1BR
$953
2BR
$1,117
3BR
$1,434
4BR
$1,588
Florence County, South Carolina
FIPS 45041 · County-level FMR and income limit data
FMR Area: Florence, SC HUD Metro FMR Area
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 |
To afford the FY2026 2-bedroom FMR of $1,117/mo under the 30%-of-income rule, a household needs about
$44,680/yr ($3,723/mo). Area Median Income is $79,300.
At SC's federal minimum wage of $7.25/hr, a worker would need to work 119 hours/week to afford that rent.
Recent FMR Trend
| 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 |
FY2026 Income Limits
Area Median Income: $79,300
| Income Level | 1p | 2p | 3p | 4p | 5p | 6p |
|---|---|---|---|---|---|---|
| 30% AMI | $16,700 | $21,640 | $27,320 | $33,000 | $38,680 | $44,360 |
| 50% AMI | $27,800 | $31,750 | $35,700 | $39,650 | $42,850 | $46,000 |
| 80% AMI | $44,450 | $50,800 | $57,150 | $63,450 | $68,550 | $73,650 |