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RentData.org Logo Sumter Fair Market Rent FY 2020 Sumter, SC MSA Rental Data

Fair Market Rent Prices in Sumter, SC :
$614 $641 $793 $1,068 $1,194
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 Sumter are average compared to the national average. This FMR area is more expensive than 72% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Sumter is $793 per month.

The previous year, rent for a two-bedroom home was $760 per month. This is a 4.34% increase year-over-year.

This FMR rate applies to Horatio, SC, Shaw A F B, SC, Wedgefield, SC, Sumter, SC and other cities within the region. The Metro Code or CBSA code for this region is METRO44940M44940.

Additionally, This Fair Market Rent (FMR) area Sumter, SC MSA spans one county or city in South Carolina which is listed in the table below. Estimated population of Sumter, SC MSA FMR area is 107,380 people based on latest Census data.

Compared to the rest of South Carolina, the Sumter FMR area is more expensive than 78% of the state.

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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 Sumter. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in Sumter

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 $ 655
1-BR 1-Bedroom $ 684
2-BR 2-Bedroom $ 846
3-BR 3-Bedroom $ 1139
4-BR 4-Bedroom $ 1274
Change Year:
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021

There is just one county (listed below) within the Sumter, SC MSA FMR area (most regions, especially metro areas, cover multiple counties). This FMR area covers one metro area: Columbia, Sc.

County / Region Est. Population
Sumter, SC Metro 107,380
Zip Codes in Sumter, SC MSA

There are 6 unique zip codes in this Fair Market Rent (FMR) area:

29062, 29150, 29151, 29152, 29154 and 29168

Lookup Fair Market Rent by Zip Code

What's Next?

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