Housing market/South Carolina/ZIP 29655

ACS 2023 · FY2027 SAFMR

ZIP 29655 Iva, Abbeville County, South Carolina

Abbeville 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.

Population
8,078
Households
3,078
Median HH income
$55,305
Renter share
13.8%
Median gross rent
$814
Vacancy
17.1%
Pop. change
+16.8%
2BR SAFMR
$1,060
SAFMR / rent
1.302×
2–49 unit stock
71
LIHTC proj / units
2 / 52
HUD assisted MF
1 / 50

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 29655 · SC — sent to you.

ZIP 29655 · SC

ACS median rent$814
2BR SAFMR$1,060
90% floor$954
110% ceiling$1,166

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

Housing stock

ACS 2023 units-in-structure · ZCTA 29655

  • 1-unit detached2,16759.0%
  • 1-unit attached371.0%
  • 2–4 units451.2%
  • 5–49 units260.7%
  • Mobile1,39938.1%
TypeUnitsShare
1-unit detached2,16758.4%
1-unit attached371.0%
2 units (duplex)310.8%
3–4 units140.4%
5–9 units200.5%
10–19 units00.0%
20–49 units60.2%
50+ units00.0%
Mobile1,39937.7%

2–4 unit share 1.2% · 5–49 unit share 0.7% · combined 2–49 1.9%.

Units by bedrooms

Studio
27
1BR
164
2BR
681
3BR
2,174
4BR
538
5+
127

Rent burden

Rent ≥30% of income30.1%
Rent ≥50% of income16.2%
  • ACS median gross rent $814 (all bedrooms, occupied rentals).
  • Median contract rent $561.
  • Renters paying ≥30% of income 30.1%; ≥50% 16.2%.
  • FY2027 2BR SAFMR $1,060 (1.302× ACS median gross rent).

Population

8,078 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +16.8%.

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

Assisted inventory

  • LIHTC: 2 projects, 52 units.
  • HUD project-based assisted MF: 1 properties, 50 assisted units.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

New apartment permits

About 7 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 29655 13.8% of occupied households are renters; vacancy is 17.1%; ACS median gross rent is $814; population increased +16.8% between the 2018 and 2023 ACS vintages; the housing stock includes 45 units in 2–4-unit structures and 26 units in 5–49-unit structures; 2 LIHTC projects totaling 52 units; FY2027 2BR SAFMR is $1,060 versus ACS median gross rent of $814. 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 29655 is a Census / HUD profile for Abbeville County, 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 29655?

ZIP 29655 (Abbeville County, SC) has 8,078 residents, 3,078 households, a renter share of 13.8%, median household income of $55,305, and ACS 2023 median gross rent of $814. Vacancy is 17.1%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 29655?

ACS counts 31 units in 2-unit buildings, 14 in 3–4 unit buildings, 20 in 5–9, 0 in 10–19, and 6 in 20–49. Combined 2–49 unit stock is 71 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 29655?

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 29655 — Iva, SC HUD Section 8 Payment Standards / SAFMR.

Does this South Carolina ZIP profile include Georgia listings?

No. ZIP 29655 is Census / HUD research for Abbeville 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.