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RentData.org Logo Lancaster County Fair Market Rent FY 2021 Lancaster County, SC HUD Metro FMR Area Rental Data

Fair Market Rent Prices in Lancaster County, SC :
$623 $628 $827 $1,074 $1,144
Studio / Efficiency 1-Bedroom 2-Bedroom 3-Bedroom 4-Bedroom
0-BR 1-BR 2-BR 3-BR 4-BR
Moderate 40th Percentile Metro Area

Fair Market Rent prices in Lancaster County are average compared to the national average. This FMR area is more expensive than 68% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Lancaster County is $827 per month.

The previous year, rent for a two-bedroom home was $800 per month. This is a 3.38% increase year-over-year.

This FMR rate applies to Van Wyck, SC, Fort Mill, SC, Lancaster, SC and other cities within the region. The Metro Code or CBSA code for this region is METRO16740N45057.

Additionally, This Fair Market Rent (FMR) area Lancaster County, SC HUD Metro FMR Area spans one county or city in South Carolina which is listed in the table below. Estimated population of Lancaster County, SC HUD Metro FMR Area FMR area is 86,545 people based on latest Census data.

Compared to the rest of South Carolina, the Lancaster County FMR area is more expensive than 67% of the state.

South Carolina Rents Map

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What is Fair Market Rent?

Fair Market Rent is determined each fiscal year by the HUD and is used to set payment standards for federal housing assistance programs in Lancaster County. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in Lancaster County

To compute the 40th percentile of rent prices the HUD must determine the median or 50th percentile as well. 50th percentile rent prices are NOT fair market rents (unless otherwise noted as a 50th percentile designated region above). However, some home owners or rents may be interested in the median rent prices as well.

50th Percentile Rental Prices:
0-BR Studio / Efficiency $ 664
1-BR 1-Bedroom $ 668
2-BR 2-Bedroom $ 881
3-BR 3-Bedroom $ 1144
4-BR 4-Bedroom $ 1218
Change Year:
2016 2017 2018 2019 2020 2021 2022 2023 2024 2025

There is just one county (listed below) within the Lancaster County, SC HUD Metro FMR Area FMR area (most regions, especially metro areas, cover multiple counties). This FMR area covers one metro area: Charlotte.

County / Region Est. Population
Lancaster County, SC Metro 86,545
Zip Codes in Lancaster County, SC HUD Metro FMR Area

There are 4 unique zip codes in this Fair Market Rent (FMR) area:

29707, 29720, 29721 and 29744

Lookup Fair Market Rent by Zip Code

What's Next?

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