FY2026 Fair Market Rents — Horry County
Studio
$1,145
1BR
$1,229
2BR
$1,465
3BR
$1,805
4BR
$2,111
Horry County, South Carolina
FIPS 45051 · County-level FMR and income limit data
FMR Area: Myrtle Beach-North Myrtle Beach-Conway, SC HUD Metro FMR Area
FY2026 Fair Market Rents
| Bedroom Size | Monthly FMR | Annual Equivalent |
|---|---|---|
| Efficiency (Studio) | $1,145 | $13,740 |
| 1-Bedroom | $1,229 | $14,748 |
| 2-Bedroom | $1,465 | $17,580 |
| 3-Bedroom | $1,805 | $21,660 |
| 4-Bedroom | $2,111 | $25,332 |
To afford the FY2026 2-bedroom FMR of $1,465/mo under the 30%-of-income rule, a household needs about
$58,600/yr ($4,883/mo). Area Median Income is $86,000.
At SC's federal minimum wage of $7.25/hr, a worker would need to work 156 hours/week to afford that rent.
Recent FMR Trend
| Fiscal Year | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| FY2026 | $1,145 | $1,229 | $1,465 | $1,805 | $2,111 |
| FY2025 | $1,133 | $1,199 | $1,406 | $1,771 | $2,065 |
| FY2024 | $1,121 | $1,187 | $1,361 | $1,724 | $2,005 |
| FY2023 | $966 | $991 | $1,141 | $1,455 | $1,642 |
| FY2022 | $885 | $917 | $1,062 | $1,349 | $1,526 |
| FY2021 | $732 | $763 | $898 | $1,160 | $1,314 |
| FY2020 | $812 | $847 | $997 | $1,288 | $1,460 |
FY2026 Income Limits
Area Median Income: $86,000
| Income Level | 1p | 2p | 3p | 4p | 5p | 6p |
|---|---|---|---|---|---|---|
| 30% AMI | $18,100 | $21,640 | $27,320 | $33,000 | $38,680 | $44,360 |
| 50% AMI | $30,100 | $34,400 | $38,700 | $43,000 | $46,450 | $49,900 |
| 80% AMI | $48,200 | $55,050 | $61,950 | $68,800 | $74,350 | $79,850 |