Cherokee County, SC

2025 Fair Market Rents

Tags: 2025 South Carolina

Return to the state page to see where South Carolina ranks nationally and to view information on other counties. Click on the map to view a different county.

The top four largest cities in Cherokee County are Gaffney, Spartanburg, Chesnee, and Blacksburg. Fair Market Rents on this page may apply depending on whether the county uses SAFMRs or county level FMRs. Cities in multiple SAFMR areas will have different SAFMRS based on ZIP code.

What type of FMR does Cherokee County use?

Small Area Fair Market Rents were created by the HUD for this county/Metro Fmr Area however Cherokee County is not required to use Small Area FMRs by the HUD. It is at the discretion of the local Housing Authority to determine if SAFMRs or 40th percentile FMRs are used.

To learn more about the criteria the HUD uses to determine if a Metro FMR Area requires Small Area Fair Market Rents click here.

How does Cherokee County compare?

Cherokee County ($942) has a 18.1% lower FMR for 2-Bedroom housing than the average of South Carolina ($1,150) and therefore has a lower gross rent.

Cherokee County is rank 31st out of 46 counties. This means the FMRs, or in other words, the gross rent is lower than 30 other counties. Cherokee County is the 16th cheapest county in terms of FMRs.

Rent Tables Cherokee County, SC

Fair Market Rent (40th Percentile)

$713
studio
$718
1-Bedroom
$942
2-Bedroom
$1,172
3-Bedroom
$1,354
4-Bedroom

Median Rent (50th Percentile)

$754
studio
$759
1-Bedroom
$995
2-Bedroom
$1,238
3-Bedroom
$1,430
4-Bedroom

Small Market Areas (By Zip Code)

The 90% and 110% SAFMRs represent the minimum and maximum payment standards that can be set by the local Public Housing Authority under regular conditions. The payment standard is the actual value used in Section 8. For more on payment standards click here.

FMRs and SAFMRs are set by the HUD. The local PHA takes these FMR/SAFMR values and may decide to use any value that is within +-10% of the FMR/SAFMR as the payment standard for the areas under their jurisdiction.

For a more in-depth explaination return to the overview page.

ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
29702 $730 $760 $930 $1,160 $1,350
29743 $910 $940 $1,070 $1,330 $1,650
29306 $1,030 $1,070 $1,190 $1,470 $1,600
29307 $1,030 $1,070 $1,190 $1,460 $1,600
29323 $880 $920 $1,030 $1,310 $1,390
29330 $880 $920 $1,050 $1,310 $1,450
29372 $880 $920 $1,030 $1,310 $1,390
29306 $1,030 $1,070 $1,190 $1,470 $1,600
29307 $1,030 $1,070 $1,190 $1,460 $1,600
29323 $880 $920 $1,030 $1,310 $1,390
29330 $880 $920 $1,050 $1,310 $1,450
29340 $710 $710 $930 $1,160 $1,340
29341 $740 $750 $980 $1,220 $1,410
29372 $880 $920 $1,030 $1,310 $1,390
29702 $730 $760 $930 $1,160 $1,350
29743 $910 $940 $1,070 $1,330 $1,650
29372 $880 $920 $1,030 $1,310 $1,390
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
29702 $657 $684 $837 $1,044 $1,215
29743 $819 $846 $963 $1,197 $1,485
29306 $927 $963 $1,071 $1,323 $1,440
29307 $927 $963 $1,071 $1,314 $1,440
29323 $792 $828 $927 $1,179 $1,251
29330 $792 $828 $945 $1,179 $1,305
29372 $792 $828 $927 $1,179 $1,251
29306 $927 $963 $1,071 $1,323 $1,440
29307 $927 $963 $1,071 $1,314 $1,440
29323 $792 $828 $927 $1,179 $1,251
29330 $792 $828 $945 $1,179 $1,305
29340 $639 $639 $837 $1,044 $1,206
29341 $666 $675 $882 $1,098 $1,269
29372 $792 $828 $927 $1,179 $1,251
29702 $657 $684 $837 $1,044 $1,215
29743 $819 $846 $963 $1,197 $1,485
29372 $792 $828 $927 $1,179 $1,251
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
29702 $803 $836 $1,023 $1,276 $1,485
29743 $1,001 $1,034 $1,177 $1,463 $1,815
29306 $1,133 $1,177 $1,309 $1,617 $1,760
29307 $1,133 $1,177 $1,309 $1,606 $1,760
29323 $968 $1,012 $1,133 $1,441 $1,529
29330 $968 $1,012 $1,155 $1,441 $1,595
29372 $968 $1,012 $1,133 $1,441 $1,529
29306 $1,133 $1,177 $1,309 $1,617 $1,760
29307 $1,133 $1,177 $1,309 $1,606 $1,760
29323 $968 $1,012 $1,133 $1,441 $1,529
29330 $968 $1,012 $1,155 $1,441 $1,595
29340 $781 $781 $1,023 $1,276 $1,474
29341 $814 $825 $1,078 $1,342 $1,551
29372 $968 $1,012 $1,133 $1,441 $1,529
29702 $803 $836 $1,023 $1,276 $1,485
29743 $1,001 $1,034 $1,177 $1,463 $1,815
29372 $968 $1,012 $1,133 $1,441 $1,529

Fair Market Rents on this page apply to the following cities in Cherokee County, South Carolina: Gaffney, Spartanburg, Chesnee, Blacksburg, Cowpens, Pacolet, and Smyrna.

These Fair Market Rents also apply to the following ZIP codes in Cherokee County, South Carolina: 29340, 29341, 29307, 29323, 29306, 29702, 29330, 29372, and 29743.

More on Cherokee County, SC

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Fair Market Rents are published by the Department of Housing And Urban Development.