Housing market/South Carolina/ZIP 29412

ACS 2023 · FY2027 SAFMR

ZIP 29412 Charleston, South Carolina

Charleston-North Charleston, SC MSA · South Carolina. Census housing stock, renter economics, HUD SAFMR, LIHTC, and population change. Not a listing page and not a buy/sell score.

Population
40,495
Households
16,769
Median HH income
$99,443
Renter share
27.5%
Median gross rent
$1,744
Vacancy
9.0%
Pop. change
+0.5%
2BR SAFMR
$2,190
SAFMR / rent
1.256×
2–49 unit stock
3,598
LIHTC proj / units
1 / 50
HUD assisted MF
4 / 173

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 29412 · SC — sent to you.

ZIP 29412 · SC

ACS median rent$1,744
2BR SAFMR$2,190
90% floor$1,971
110% ceiling$2,409

ACS median is all-bedroom occupied rent. SAFMR is the 2-bedroom HCV benchmark.

Housing stock

ACS 2023 units-in-structure · ZCTA 29412

  • 1-unit detached12,36167.1%
  • 1-unit attached1,2156.6%
  • 2–4 units9665.2%
  • 5–49 units2,63214.3%
  • 50+ units8084.4%
  • Mobile4342.4%
TypeUnitsShare
1-unit detached12,36167.1%
1-unit attached1,2156.6%
2 units (duplex)3762.0%
3–4 units5903.2%
5–9 units5973.2%
10–19 units8664.7%
20–49 units1,1696.3%
50+ units8084.4%
Mobile4342.4%

2–4 unit share 5.2% · 5–49 unit share 14.3% · combined 2–49 19.5%.

Units by bedrooms

Studio
192
1BR
1,386
2BR
4,229
3BR
8,299
4BR
3,647
5+
676

Rent burden

Rent ≥30% of income47.5%
Rent ≥50% of income20.2%
  • ACS median gross rent $1,744 (all bedrooms, occupied rentals).
  • Median contract rent $1,607.
  • Renters paying ≥30% of income 47.5%; ≥50% 20.2%.
  • FY2027 2BR SAFMR $2,190 (1.256× ACS median gross rent).

Population

40,495 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +0.5%.

ACS 5-year estimates lag current construction. This is not a forecast.

Assisted inventory

  • LIHTC: 1 projects, 50 units.
  • HUD project-based assisted MF: 4 properties, 173 assisted units.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

New apartment permits

About 842 new apartments in 5+ unit buildings may have been permitted in this ZIP’s share of the county. That is units (doors), not a building count.

Cities and counties report building permits to the Census. Apartment counts are for the whole county, not a project list in this ZIP.

What the data shows

ZIP 29412 27.5% of occupied households are renters; vacancy is 9.0%; ACS median gross rent is $1,744; population increased +0.5% between the 2018 and 2023 ACS vintages; the housing stock includes 966 units in 2–4-unit structures and 2,632 units in 5–49-unit structures; 1 LIHTC projects totaling 50 units; FY2027 2BR SAFMR is $2,190 versus ACS median gross rent of $1,744. These figures describe the underlying housing market, not the cash flow of any one property. Asking rents, expenses, condition, taxes, insurance, and the rent roll have to be underwritten separately.

South Carolina research

ZIP 29412 is a Census / HUD profile for Charleston-North Charleston, SC. Not a listing page. Brokerage is Georgia; out-of-state work is referral.

Nearby ZIPs in this FMR area

Census ZIP areas approximate mail ZIPs. Sources: Census ACS 5-year 2023, HUD FY2027 Small Area FMR, HUD LIHTC and assisted multifamily lists, Census building permits (county). This page is South Carolina research. Brokerage is Georgia.

FAQ

What is the housing market like in ZIP 29412?

ZIP 29412 (Charleston-North Charleston, SC MSA) has 40,495 residents, 16,769 households, a renter share of 27.5%, median household income of $99,443, and ACS 2023 median gross rent of $1,744. Vacancy is 9.0%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 29412?

ACS counts 376 units in 2-unit buildings, 590 in 3–4 unit buildings, 597 in 5–9, 866 in 10–19, and 1,169 in 20–49. Combined 2–49 unit stock is 3,598 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 29412?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $2,190. See the full schedule and 90–110% payment-standard band on the ZIP 29412 — Charleston, SC HUD Section 8 Payment Standards / SAFMR.

Does this South Carolina ZIP profile include Georgia listings?

No. ZIP 29412 is Census / HUD research for Charleston-North Charleston, SC MSA. Jeff Crowe CRE does not list South Carolina property. Licensed brokerage is Georgia. If you use this stock table and then buy in Georgia, live FMLS Residential Income is on multifamily for sale in Georgia.