Housing market/South Carolina/ZIP 29620
ZIP 29620 Abbeville, McCormick County, South Carolina
McCormick County, SC · South Carolina. Census housing stock, renter economics, HUD SAFMR, LIHTC, and population change. Not a listing page and not a buy/sell score.
ZIP brief
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HUD schedule, ACS stock, and the 90–110% band for ZIP 29620 · SC — sent to you.
ZIP 29620 · SC
ACS rent vs 2BR SAFMR
ZIP 29620 — Abbeville, SC HUD Section 8 Payment Standards / SAFMR →ACS median is all-bedroom occupied rent. SAFMR is the 2-bedroom HCV benchmark.
Housing stock
ACS 2023 units-in-structure · ZCTA 29620
- 1-unit detached3,96669.7%
- 1-unit attached450.8%
- 2–4 units4868.5%
- 5–49 units1973.5%
- 50+ units671.2%
- Mobile93316.4%
2–4 unit share 8.5% · 5–49 unit share 3.5% · combined 2–49 12.0%.
Units by bedrooms
Rent burden
- ACS median gross rent $592 (all bedrooms, occupied rentals).
- Median contract rent $382.
- Renters paying ≥30% of income 34.6%; ≥50% 9.1%.
- FY2027 2BR SAFMR $1,060 (1.791× ACS median gross rent).
Population
12,116 residents · ACS 2023
Change versus the 2018 ACS 5-year estimate: -6.8%.
ACS 5-year estimates lag current construction. This is not a forecast.
Assisted inventory
- LIHTC: 5 projects, 280 units.
- HUD project-based assisted MF: 4 properties, 224 assisted units.
- HCV household counts (Picture of Subsidized Households) are not on this page yet.
New apartment permits
About 0 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 29620 26.2% of occupied households are renters; vacancy is 12.3%; ACS median gross rent is $592; population changed -6.8% between the 2018 and 2023 ACS vintages; the housing stock includes 486 units in 2–4-unit structures and 197 units in 5–49-unit structures; 5 LIHTC projects totaling 280 units; FY2027 2BR SAFMR is $1,060 versus ACS median gross rent of $592. 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 29620 is a Census / HUD profile for McCormick County, SC. Not a listing page. Brokerage is Georgia; out-of-state work is referral.
ZIP 29620 — Abbeville, SC HUD Section 8 Payment Standards / SAFMR·South Carolina ZIP directory
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 29620?
ZIP 29620 (McCormick County, SC) has 12,116 residents, 5,003 households, a renter share of 26.2%, median household income of $54,784, and ACS 2023 median gross rent of $592. Vacancy is 12.3%. These are ZCTA estimates, not a property rent roll.
How much small multifamily housing is in 29620?
ACS counts 34 units in 2-unit buildings, 452 in 3–4 unit buildings, 173 in 5–9, 4 in 10–19, and 20 in 20–49. Combined 2–49 unit stock is 683 units. This is occupied-and-vacant stock, not listings for sale.
What is the Section 8 rent in 29620?
The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,060. See the full schedule and 90–110% payment-standard band on the ZIP 29620 — Abbeville, SC HUD Section 8 Payment Standards / SAFMR.
Does this South Carolina ZIP profile include Georgia listings?
No. ZIP 29620 is Census / HUD research for McCormick County, SC. 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.