HUD User Logo

FY2017 Hypothetical Small Area FMRs For Dorchester County, SC

In metropolitan areas, HUD defines Small Areas using ZIP Codes within the metropolitan area. Using ZIP codes as the basis for FMRs provides tenants with greater ability to move into ?Opportunity Neighborhoods? with jobs, public transportation, and good schools. They also provide for multiple payment standards within a metropolitan area, and they are likely to reduce need for extensive market area rent reasonableness studies. Lastly, HUD hopes that setting FMRs for each ZIP code will reduce overpayment in lower-rent areas.

Dorchester County is part of the Charleston-North Charleston, SC MSA.

Dorchester County, SC Hypothetical Small Area FMRs By Unit Bedrooms
ZIP Code Efficiency One-Bedroom Two-Bedroom Three-Bedroom Four-Bedroom ZIP/CBSA Ratio
29018 $490 $560 $670 $890 $1,150 0.609
29414 $780 $890 $1,060 $1,400 $1,810 1.093
29418 $630 $720 $860 $1,140 $1,470 0.884
29420 $710 $820 $970 $1,290 $1,660 0.999
29426 $520 $600 $710 $940 $1,220 0.734
29432 $490 $560 $670 $890 $1,150 0.494
29437 $710 $820 $970 $1,290 $1,660 0.997
29448 $540 $620 $740 $980 $1,270 0.762
29456 $760 $870 $1,040 $1,380 $1,780 1.065
29470 $600 $690 $820 $1,090 $1,400 0.840
29471 $490 $560 $670 $890 $1,150 0.621
29472 $540 $620 $740 $980 $1,270 0.758
29477 $490 $560 $670 $890 $1,150 0.677
29483 $720 $820 $980 $1,300 $1,680 1.002
29484 $710 $820 $970 $1,290 $1,660 0.997
29485 $750 $870 $1,030 $1,370 $1,760 1.058

* Small Area FMRs presented with an asterisk are calculated in accordance with the Guidance For Preparing Comments on Small Area FMRs available at here.

Technical Problems or questions? Contact Us.