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FY 2022 Final State Minimum Rent Calculation for South Carolina

For Final FY 2022, State Minimum rents are based on the lower of the population-weighted median state nonmetropolitan unadjusted 2-bedroom FMR, or the population-weighted median U.S. nonmetropolitan unadjusted 2-bedroom FMR.

State Nonmetropolitan Median FMR

The table below illustrates how the population-weighted median state nonmetropolitan unadjusted 2-bedroom FMR is derived for South Carolina. The population-weighted median unadjusted nonmetropolitan 2-bedroom FMR for a state is the 2-bedroom FMR where half of a state's nonmetropolitan population lives in counties with the same or lower 2-bedroom FMRs, and half of the nonmetropolitan population lives in counties with the same or higher 2-bedroom FMRs. The nonmetropolitan population of South Carolina is 743,100, and half of the nonmetropolitan population of South Carolina is 371,550.

In the table below, the unadjusted 2-bedroom FMRs for the nonmetropolitan counties of South Carolina are arranged in ascending order, and the cumulative population of the counties at each FMR is listed in the last column. The median unadjusted nonmetropolitan 2-bedroom FMR is the first FMR listed in the table where the cumulative population of counties with that FMR or less first exceeds one-half of the nonmetropolitan population, or 371,550. The row of the table containing the median unadjusted nonmetropolitan 2-bedroom FMR is in bold.

Unadjusted 2-Bedroom FMR County or Counties with Specified Unadjusted 2-Bedroom FMR Aggregate Population at Specified Unadjusted 2-Bedroom FMR Cumulative Nonmetro Population
$586 Hampton County 20,065 20,065
$601 Dillon County 31,075 51,140
$614 Lee County 17,895 69,035
$649 Marion County 31,765 100,800
$657 Marlboro County 27,505 128,305
$662 Allendale County 9,400 137,705
$664 Chesterfield County 46,125 183,830
$677 Abbeville County, Barnwell County 46,580 230,410
$683 McCormick County 9,695 240,105
$687 Williamsburg County 32,255 272,360
$690 Union County 27,770 300,130
$712 Orangeburg County 89,115 389,245
$717 Bamberg County 14,840 404,085
$739 Cherokee County 56,550 460,635
$745 Colleton County 37,580 498,215
$793 Greenwood County 69,980 568,195
$806 Oconee County 75,925 644,120
$826 Newberry County 37,915 682,035
$843 Georgetown County 61,065 743,100

State Minimum Rent Determination

The South Carolina State Nonmetropolitan Median FMR is $712. Because it not greater than the U.S. Nonmetropolitan Median FMR of $757, the South Carolina State Minimum 2-Bedroom FMR is set at $712.

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