McCormick County, SC: Fair Market Rent 2027 and Income Limits

Official HUD figures for landlords and renters, effective October 1, 2026 (rents) and May 1, 2026 (income limits).

$8852-bedroom FMR, FY2027

$6771-bedroom FMR, FY2027

$67,05080% income limit, family of 4 (FY2026)

$83,800Median family income (FY2026)

The FY2027 Fair Market Rent for a two-bedroom unit in McCormick County is $885 a month, down 7.4% from $956 in FY2026. McCormick County belongs to the McCormick County, SC FMR area (non-metro county), so the same figures apply across that area. FMRs are gross rents: rent plus all tenant-paid utilities except phone, cable and internet.

Fair market rent in McCormick County by bedroom count

Unit size	FY2027 FMR	FY2026 FMR	Change	Payment standard range (90–110%)
Studio	$648	$719	−9.9%	$584 – $712
1 bedroom	$677	$729	−7.1%	$610 – $744
2 bedrooms	$885	$956	−7.4%	$797 – $973
3 bedrooms	$1,189	$1,251	−5.0%	$1,071 – $1,307
4 bedrooms	$1,194	$1,320	−9.5%	$1,075 – $1,313

Source: HUD Fair Market Rents FY2027 (effective October 1, 2026) and FY2026 (revised file), details.

What can a landlord charge a Section 8 tenant here?

The FMR is not a cap on what you can ask on the open market. For a Housing Choice Voucher tenant, the local housing authority sets a payment standard, normally between 90% and 110% of the FMR (or of the ZIP-level Small Area FMR where those apply). For a two-bedroom unit in McCormick County that is typically $797 to $973 including utilities. You can charge more than the payment standard if the rent passes the housing authority's rent-reasonableness test and, at move-in, the tenant's share stays within 40% of their adjusted monthly income. Ask the housing authority for its current payment standard schedule.

Can local renters afford the fair market rent?

$27,885median income of renter households (low reliability)

$696Median gross rent, all units

30%Rent-to-income ratio (median rent ÷ median renter income)

54%of renter households pay 30% or more of income on rent

At the 30% rule, a renter household earning the local median of $27,885 can afford about $697 a month including utilities. The FY2027 two-bedroom Fair Market Rent of $885 is $188 (26.9%) more than that. To rent a two-bedroom at the FMR, a household needs $35,400 a year under the 30% rule, or $31,860 under the common landlord rule that income must be three times the rent.

McCormick County, ACS 2020–2024	Estimate ± MOE
Median gross rent (rent + utilities)	$696 ±$159
Median income of renter households	$27,885 ±$14,512
Renters paying 30% or more of income (cost-burdened)	54.3% ±6.3
Renters paying 50% or more (severely cost-burdened)	19.1% ±10.2
Renter households (where the share can be computed)	387

Change since 2015–2019

	ACS 2015–2019	ACS 2020–2024	Change
Median gross rent	$720	$696	−3.3%
Median renter household income	$31,164	$27,885	−10.5%
Renters paying 30%+ of income	36.6%	54.3%	+17.7 pts

Rent-to-income calculator: does an applicant qualify? → · Most affordable counties to rent in this state →

Source: U.S. Census Bureau, American Community Survey 5-Year Estimates 2020–2024 and 2015–2019 (tables B25064, B25119, B25070). ± = margin of error at 90% confidence. Dollar figures are not adjusted for inflation.

HUD income limits for McCormick County (FY2026)

Income limits decide who qualifies for Section 8 vouchers, public housing and most HUD-assisted units. The area median family income is $83,800 (FY2025: $85,800, −2.3%). Small figures under each limit show the change from FY2025.

Household size	1 person	2 people	3 people	4 people	5 people	6 people	7 people	8 people
Extremely low income (30%)	$17,650 +3.5%	$21,640 +2.3%	$27,320 +2.5%	$33,000 +2.6%	$38,680 +2.7%	$44,360 +2.8%	$50,040 +2.9%	$55,350 +3.5%
Very low income (50%)	$29,350 +3.5%	$33,550 +3.5%	$37,750 +3.6%	$41,900 +3.5%	$45,300 +3.7%	$48,650 +3.5%	$52,000 +3.6%	$55,350 +3.5%
Low income (80%)	$46,950 +3.4%	$53,650 +3.5%	$60,350 +3.4%	$67,050 +3.5%	$72,450 +3.5%	$77,800 +3.5%	$83,150 +3.4%	$88,550 +3.5%

The 30% limit is HUD's “extremely low income” limit: the higher of 30% of median income or the federal poverty guideline, but never above the 50% limit. That is why it can rise faster than 30% of median for larger households. Tax-credit (LIHTC) properties use separate Multifamily Tax Subsidy Project limits.

Source: HUD Section 8 Income Limits FY2026 (effective May 1, 2026) and FY2025, details.